Nowadays, competitive pressures force organizations to minimize asset total cost of ownership and streamline their asset management operations (these typically involve myriad activities ranging from inventory, parts and labor management to contracts and vendor management for new works). As downtimes become increasingly expensive, both in terms of lost production capacity and unfavourable publicity, organizations are compelled to maximize their asset productive life cycles via optimal maintenance programs. In the event of asset failure, quick response time is critical. In recent years, stringent industry-specific environmental health and occupational safety regulations are being enforced by government oversight agencies, with industrial owners and operators responsible for compliance. Asset registers, risk registers, work planning and scheduling, life cycle costing and systematic methods for problem identification, root cause analysis and continuous improvement are increasingly seen as prerequisites for a robust asset management system.By providing a platform for connecting people, processes, assets, industry-based knowledge and decision support capabilities based on quality information, SAMEX provides a holistic view of an organization's asset base, enabling managers to control and optimize their operations for quality and efficiency.