Institutionalization of Information Technologies for Engineering Asset Management: An Australian Case

Abstract

Information technologies (IT) implementation in asset managing organizations does not follow a linear path. It is primarily driven by cost concerns, rather than an approach that takes into account the existing technological infrastructure, business requirements, available skill base, social and cultural environment, and operational and strategic value of technology investment. This paper presents a case study of information technologies implementation in Australian asset managing organizations. It concludes that technology for asset management needs to be physically adopted, and socially and organizationally composed, to create consensus on what the technology is supposed to accomplish and how it is to be utilized.