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Unlocking Asset Value with AI: What’s Next for Asset Leaders?

Throughout 2025, asset management leaders in Australia will be discussing the pivotal role of AI in boosting operational efficiency and shaping the future of asset management. The roundtables are private, but we want to share an insights paper that captures the key takeaways with our customers, stakeholders and industry.

Register here to receive this insights report.
<p>Unlocking <mark>Asset Value</mark> with AI: What’s Next for Asset Leaders?</p>

57% of our customers identified AI & Predictive analytics as growing in demand over the next few years

Our customers have said:

“AI and predictive analytics is going to be the big thing.”​

“We’re going to continue to see growth in advanced and AI predictive analytics.”​

“If you can convert AI from hype to value, that would be useful.”​

“Everything is being driven by data so we can predict and be more efficient.”​

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Prominent Asset Leaders Share Opinions, Strategies and Experiences of AI

Scott McGowan
Scott McGowan
Managing Director and CEO
Global leader in asset management solutions with a wealth of experience in business strategy and the future of asset mangement.
Anthony Cipolla
Anthony Cipolla
AI Lead, COSOL
AI leader with extensive experience in driving practical, scalable AI solutions across industries.

Equip Yourself with the Insights to Make Informed Decisions at Every Stage of Your AI Journey

Walking With AI

Walking With AI

Early-stage AI applications that deliver immediate value in asset management

Jogging With AI

Jogging With AI

Intermediate AI use cases that demonstrate the ability to materially enhance operational efficiency

Running with AI

Running with AI

Advanced AI solutions driving predictive insights and significant organisational value

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AI Expert Hosts

Digital Asset Management

Digital Asset Management

COSOL is leading the data and AI conversation, helping asset-centric organisations transform their asset management practices with a phased approach to AI-powered digital asset management.

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Media & Public Exposure

Highlighting COSOL’s presence in the public domain as a trusted voice in data-led asset management.
Asset Management Leaders Share Insights on AI Initiatives, Challenges
Don’t run before you can walk with AI
Why it’s time Australian asset management leaders explore the true value of AI
Regional business leader advocates for AI integration in manufacturing

In iTWire’s latest guest opinion, COSOL’s AI Lead, Anthony Cipolla, joins customers Metro Trains Sydney, Alinta Energy, and the Australasian Railway Association to reflect on the state of AI maturity in asset-centric industries. Cipolla opens the conversation on adoption by returning to fundamentals, noting:


“…companies in asset-centric industries can build up AI capability both practically and thoughtfully. This approach avoids a big bang transformation that might be tempting to pursue given the hype around AI in business and the pressure companies feel under to ‘get going or be left behind.’ ”


Says Anthony


Read Feature >


iStart features insights from COSOL’s Managing Director and CEO, Scott McGowan and IBM’s Business Unit Executive – Sustainability Software, David Small, in Don’t run before you can walk with AI.


The article explores why asset-intensive organisations must take a measured, trust-led approach to AI, focusing on strong data foundations, clear governance, and aligning AI with real business outcomes.


“Data foundations must also be trusted, and solutions that act on that data must be trusted to do so correctly.”


– Scott McGowan, Managing Director and CEO of COSOL


Read Feature >


“Hesitation toward AI probably comes from multiple aspects, but they all come back to one underlying principle, which is around trust” – Scott McGowan, CEO at COSOL


That’s just one of the insights Scott shares in his latest interview feature in IT Brief.


Read Feature >


Scott McGowan, Managing Director and CEO of COSOL, was recently featured in CRN, addressing the critical issue of trust in AI adoption, including leaders in asset-intensive industries.


A new KPMG study reveals only 42% of Australian workers believe that AI will improve their job, and just one in three trust their organisation’s AI use.


Read Feature >


Australian Manufacturing, the leading publication for the manufacturing and industrial sector in Australia, has featured a discussion by Toustone – A COSOL Company’s CEO, held in a room filled with business leaders, regarding why Australian manufacturing businesses that embrace AI have the opportunity to unlock immense potential for efficiency and innovation. He also debunked some AI myths in business.


Read Article > 


 


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Join The AI Conversation With These Key Learnings From Asset Leaders

Receive your copy of the highlights from our Australian executive roundtable roadshow. It will include practical insights to enhance your organisation’s digital asset management and maintenance strategies.
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RPConnect is a world-leading platform that de-risks data migration and reduces costs. RPConnect has been developed by COSOL to provide a flexible, sustainable solution to enable our clients to successfully transition quality data from disparate source systems to new destination systems and contribute to improved implementation quality. RPConnect is a comprehensive end-to-end data management solution for ERP /EAM migrations covering data analysis, cleansing, transformation, enrichment, migration, and legacy repository. We take the guess work out of data migrations with over 23 years’ experience.
Learn more via our webpage >

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Faster access to all the Ellipse features, with less disruption and at a predictable cost. COSOL Evergreen is a proven, low-risk solution that reduces the complexity and disruption of upgrading your Ellipse ERP system.

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Above is a short ESG explainer video that introduces IBM Envizi in combination with IBM Maximo as the solution to help asset-intensive organisations to report, monitor and meet ESG reporting requirements while optimising asset and operations.
Learn more via this webpage >

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Learn more about COSOL's Data Quality Assessment and how it helps asset-intensive organisations that rely on accurate data for insights using an Enterprise Asset Management (EAM) or Enterprise Resource Planning (ERP) platform.
Learn more via this webpage >

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With IBM ending support for Maximo 7.6.1.x and under in September 2025, now is the time to plan your transition to IBM Maximo Application Suite (IBM MAS). This explainer video shows how COSOL's 6-stage approach to transitioning to IBM MAS and AppPoints can help asset intensive organisation replace Maximo 7.6.1 with the Manage module and embark on a continuous improvement journey to take advantage of the full capabilities of IBM MAS.
Learn more via this webpage >

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Learn about the features and benefits of COSOL's Enterprise Asset Management as a Service (EAMaaS) solution built on IBM Maximo Application Suite.
More than software in the cloud, EAMaaS from COSOL is a complete managed solution designed and configured by our Enterprise Asset Management (EAM) experts to provide an asset management solution built for the unique needs asset-intensive organisations.
Learn more via this webpage >

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Register your interest to receive a copy of 'Maximo Health: Key Measures To Get Started'


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COSOL has launched a new Digital Twin plugin for the IBM Maximo Application Suite (IBM MAS) that provides geospatial BIM viewing and 4D data integration. Developed in partnership with Nextspace and digital engineering experts DBM Vircon, the viewer and integration hub overcomes the scale and complexity limitations of existing IBM MAS plugin viewers. This new viewer plugin provides an integration hub for many new types of spatial data, from 2D and 3D CAD, BIM, GIS, point cloud and photogrammetry, and non-spatial or live (IoT) sources. Data, that until now, has been difficult or impossible to amalgamate using existing viewer plugin solutions. It offers dynamic visual styling for rapid identification of performance and condition issues of assets in IBM MAS, and in fact any attribute required such as budgeting, phasing, staging, data and risk, plus many other status or performance type attributes. All kinds of complex data can be merged at a geometry and data level into a single view with associated asset and work order data in IBM MAS connected to documentation stored in document management systems.
Learn more via this webpage >

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As asset-intensive organisations looking for ways to significantly reduce costs and unplanned downtime, optimising MRO inventory is an urgent strategy – but how do you evaluate the value and opportunity of inventory optimisation in your particular organisation. In this short video, we explain:

  • the importance and urgency for optimising MRO inventory;
  • how having a strategy that is tech-enabled can reduce costs and unplanned downtime significantly;
  • how undertaking an opportunity assessment is the critical first step to understanding the value of inventory optimisation in your organisation and identifying the best path forward.

Read our article to learn more >

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