LICENSEWARE
IFS Metric

Asset

Catalog row in Vendor License Metrics · Cited

Unit
Asset
Aliases
Aircraft; Vessel; Vehicle; Rolling Stock
Definition
IFS Product Terms, IFS Cloud glossary: "Asset means a uniquely identifiable physical or logical object recorded in the Software for lifecycle management, maintenance, or operational tracking purposes, including where applicable parent and child assets."
Counting rules
Industry variants include Aircraft, Vessel, Vehicle, Rolling Stock, Infrastructure Assets and Number of Production Assets, each an Asset master record of a given kind. Asset Group counts the grouping record, not the Assets.
Floors / minimums
None published.
Applies to products
  • IFS Cloud (enterprise asset management)
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