ISO 55001 STANDART IN ASSET MANAGEMENT AND THE ROLE OF INFORMATION TECHNOLOGIES

Asset management is an area of research which is important for any business that desires to obtain value from assets, and it has become an international standard with the ISO 55000 Asset Management Standard Series published in 2014. With the developing technology, assets have gained high material values and resulted in significant investments for businesses. Therefore, using assets effectively during their life cycles has become a necessity for sustainable businesses. In this study, the importance of asset management standards and the role of information technologies in managing related processes have been discussed in detail by conducting a comprehensive literature review. Considering that the ISO 55000 standard series is still very recent and there is a limited number of companies with certification in Turkey, the study contributes to asset management literature by simultaneously handling both the systems and information technology perspectives.