Asset Management as a Service (AMaaS)

AMaaS gives asset-intensive organisations an always-on expert extension, running the planning, data, and systems functions that reliability depends on, powered by AI.

Asset management teams are being asked to deliver more every year. Workforces are ageing, experienced practitioners are retiring, and the knowledge they carry leaves with them.

COSOL's AMaaS acts as a permanent, accountable extension of your team. We run the specialist functions your operation depends on, using AI to work faster and at a scale your internal team could not reach alone.

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What AMaaS Actually Means - and What It Does Not

AMaaS is a term that can mean different things in different contexts. For COSOL, it means one thing precisely: taking accountability for running specific asset management functions on your behalf, as part of your team, under clear service agreements with measurable outcomes. It is worth being specific about what that looks like in practice, because the model is different from most things asset management leaders have encountered before.

AMaaS Is

AMaaS is a managed service where COSOL takes responsibility for defined asset management functions and is accountable for outcomes against agreed SLAs and KPIs. It combines specialist people, governed data, proven platforms, and practical AI, operating as a dedicated extension of your internal team. Performance is reviewed through joint governance so your leadership has clear visibility at all times. The service runs continuously, improving quarter by quarter, and does not stop when a project ends.

AMaaS Is Not

AMaaS is not a software licence your team has to operate themselves, and it is not a staffing arrangement where resources are placed on site without any accountability for what they actually deliver. It is not a multi-vendor model where your team absorbs the coordination risk when things do not connect, and it is not a one-off project that ends with a report and a handover. COSOL takes end-to-end responsibility for every function it manages, for as long as the engagement runs.

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OUR AMaaS SOLUTIONS

COSOL's AMaaS offering currently covers six core functions that asset-intensive organisations need to manage reliably every day. Each solution can be engaged individually to address a specific gap, or combined into a broader AMaaS program where COSOL manages multiple functions together.

Maintenance Planning as a Service (MPaaS)

Most failures don’t start in execution - they start in planning. We handle it, end to end.

COSOL combines deep asset expertise with proprietary AI tools to deliver fully scoped, ready-to-execute maintenance plans that lift wrench time, reduce delays, and support reliability. You get consistency, speed, and insights - without the overhead.

Inclusions:

AI-assisted work order planning with job packs and task detail
Resource, parts, and permit readiness
Failure mode-based task libraries and planning standards
Integrated planning insights and KPIs

Relevant for:
Maintenance Managers and Reliability Engineers in operations where reactive work is rising, planning quality is inconsistent, or internal planning capacity cannot keep pace with the volume of work.

Learn more about Maintenance Planning as a Service →

Maintenance Scheduling as a Service (MSaaS)

A schedule on paper means nothing if the right work isn’t happening at the right time.

COSOL takes scheduling off your hands -delivering precise, always-on plans that keep critical work moving. We combine specialist planners with AI-powered tools to build, optimise, and adjust schedules in real time. You get improved uptime, visibility, and control without the overhead.

Inclusions:

AI-optimised weekly and shutdown schedules
Integrated resource and parts planning
KPI reporting (e.g. plan compliance, schedule adherence)
Optional embedded or virtual schedulers

Relevant for:
Operations and maintenance leaders who need tighter plan compliance, better resource coordination, and real-time schedule visibility across one or more sites.

Contact us to learn more about Works Management as a Service →

Work Management as a Service (WMaaS)

Too much time is lost chasing paperwork, fixing data, and closing loops. We handle the admin that keeps real work moving.

COSOL takes on the day-to-day execution admin - creating and updating work orders, managing labour and materials in the system, ensuring compliance, and keeping data clean. Backed by deep EAM expertise and AI-powered tools, we free up your teams to focus on value, not admin.

Inclusions:

Work order creation, updates, and closeout
Labour and materials coordination in EAM systems
Compliance checks and documentation
Accurate EAM data capture and reporting

Relevant for:
Operations and maintenance teams where EAM data quality is declining through daily use, or where administrative burden is reducing the capacity of skilled staff to focus on higher-value work.

Contact us to learn more about Works Management as a Service →

Master Data as a Service (MDaaS)

Bad master data derails decisions.

We clean it, govern it, and keep it that way, at scale. COSOL gives you clear visibility into master data quality across systems and sites, with ongoing monitoring and expert remediation.

Typical Inclusions:

EAM master data audit and quality standards
Access to COSOL’s issue library and remediation tools
Secure, ongoing monitoring via private platform
AI-driven insights and modular subscriptions

Relevant for:
EAM Managers, Data Owners, and Asset Management leaders whose systems hold degraded or incomplete data, and who need a governed, ongoing solution rather than a one-time cleanup project.

Learn more about Master Data as a Service →

Enterprise Asset Management as a Service (EAMaaS) including Managed Support Services

EAM systems are complex. We design, run, and support yours - so you don’t have to.

Built and managed by asset experts, delivered in the cloud. You get best-in-class tech, faster time to value, and predictable cost - without the resourcing headaches.

EAM Inclusions:

Fully managed 24/7 cloud platform with 99.99% uptime and end-user support
Preconfigured tools, COSOL EAM ecosystem add-ons, integrations, and licensing
Ongoing upgrades, patching, backups, and performance monitoring

Managed Support Services inclusions:

24/7 service desk and incident resolution
Proactive monitoring, patching, and checks
Expert support for EAM, ERP, GIS, middleware, and mobility platforms
Continual improvement through maturity reviews and performance reporting.

Relevant for:
CIOs, IT leaders, and EAM Managers responsible for IBM Maximo, SAP PM/EAM, or Ellipse environments where system performance, support capacity, or upgrade cycles are creating operational or compliance risk.

Learn more about Enterprise Asset Management as a Service →

AI Asset Lifecycle as a Service (AALaaS)

You can’t manage what you can’t see.

We turnhidden, fragmented asset lifecycle data into real-time, AI-powered decisions. COSOL connectsyour asset, financial, and operational data in oneintegrated view - layered with AI to surface risks,predict failures, and guide action.

Typical Deliverables:

Realtime Asset Management Analytics
Asset Reporting
Master Data Governance as a Service
AI Agents to match your Asset Lifecycle

Relevant for:
Asset management and operations leaders in organisations that recognise the potential of AI but lack the data governance, tooling, or specialist knowledge to apply it reliably to their asset lifecycle.

Contact us to learn more about AI Asset Lifecycle as a Service →

Why Asset Management Leaders Choose COSOL for AMaaS

We Go Where Internal Teams Cannot

Building and retaining specialist capability in maintenance planning, data governance, EAM system management, and AI is expensive, slow, and increasingly difficult as experienced practitioners retire and technology evolves faster than most organisations can hire for. COSOL has already built that capability at scale, across 25+ years of delivery in asset-intensive industries like mining, utilities, transport, and infrastructure. When you bring COSOL in as an extension of your team, you access that depth immediately, without the time or cost of building it yourself.

Proprietary Technology That Works In Your Environment

COSOL's AMaaS is backed by purpose-built platforms including Toustone Enterprise Intelligence for real-time asset analytics, OnPlan Digital Work Management for field execution, and RPConnect for data management and migration. These platforms are already tested and already integrated with the EAM and ERP environments our customers run, including IBM Maximo, SAP PM/EAM, and Ellipse. You are not funding custom development or adapting off-the-shelf software to fit your operation. The tooling is built for this work.

Accountable For Outcomes, Not Just Activities

COSOL does not measure its own performance by hours logged or tasks completed. AMaaS engagement is governed through jointly agreed KPIs and SLAs reviewed on a regular cadence with your leadership team. When performance needs to improve, we improve it. That accountability structure is what separates AMaaS from a traditional staffing or outsourcing arrangement, and it is why organisations with critical reliability obligations trust COSOL to run these functions on their behalf.

25+

Years delivering asset management across natural resources, utilities, transport, infrastructure, defence and govenrment

Core AMaaS solutions covering the full asset management function

60+

AMaaS customers being locally supported across APAC and the Americas

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Trusted by mining organisations across APAC and the Americas

Asset-intensive organisations across APAC and the Americas trust COSOL to run their asset management functions.

Is AMaaS Right for Your Organisation?

The organisations that benefit most from COSOL’s AMaaS are the ones that are performing adequately today but can see clearly that the current model will not hold under the pressures ahead.

Do you resonate with any of these:

Your EAM or ERP system is technically functional but your team does not fully trust the data inside it, and planners are spending time compensating for that rather than planning.

Experienced practitioners in your maintenance or asset management function are approaching retirement and there is no clear path to replacing the knowledge they carry.

You can see the potential of AI and better analytics in asset management but lack the clean data, governed environment, or internal expertise to apply it reliably.

Your compliance and reporting obligations are growing, and your current systems and processes cannot produce the audit trail and evidence your regulators expect.

You are managing asset management function coverage across multiple sites or systems and the coordination overhead is creating gaps in quality and consistency.

You have tried to fix data quality, planning consistency, or system performance internally, but competing operational priorities mean the improvement work never gets finished.

The most effective AMaaS engagements begin with a direct conversation about where the gaps are. COSOL will tell you clearly whether AMaaS applies to your situation and where a practical starting point is before any commitment is made.

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Not Sure Where to Start?

Most organisations arrive at this page knowing something in their asset management function is not working as well as it should, but without a clear view of which gap is costing them most. A short scoping conversation with COSOL's AMaaS team is the right first step. It costs nothing, takes less than an hour, and gives you a direct, honest assessment of where AMaaS applies to your operation and what a low-risk starting point looks like.

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Frequently Asked Questions

Managed services providers typically manage technology infrastructure, and maintenance contractors provide labour for physical work. AMaaS is different because it covers the asset management function itself - the planning, scheduling, data governance, system management, and performance analysis that connects strategy to execution. COSOL takes accountability for making that function work reliably every day, measured against outcomes your leadership team can see, not just activities your team has to verify.

Not necessarily. AMaaS is designed to fill the gaps your internal team cannot practically or economically cover, particularly in specialist areas like data governance, AI, and EAM system management where the skill requirements are changing faster than most organisations can hire and retain for. In most engagements, COSOL operates alongside your internal team with clear boundaries and shared governance, freeing your people to focus on the operational work that requires their knowledge of your site and your equipment.

The most common failure in outsourcing arrangements is the absence of genuine accountability. Vendors deliver activities and invoice for hours. When performance is poor, the problem gets handed back. COSOL's AMaaS is structured around outcomes defined jointly with your team, governed through regular reviews, and measured against KPIs that reflect what reliability actually means in your operation. COSOL does not walk away from underperformance - it is contractually committed to resolving it.

This is one of the core advantages of the AMaaS model. Because COSOL runs the function as a service rather than as a named consultant arrangement, knowledge is held in governed data, documented processes, and managed systems rather than in individual heads. When COSOL personnel change, continuity is maintained through the platform and the governance structure. You do not lose institutional knowledge every time a person moves on, which is precisely the risk the traditional model creates on your side too.

Most AMaaS engagements begin with a focused scoping conversation where COSOL's specialists review your current function against the areas AMaaS covers and identify the most immediate gaps. From there, a starting scope is agreed, typically beginning in one or two service areas, so COSOL can demonstrate value quickly before the engagement is broadened. There is no requirement to commit to full AMaaS coverage from the outset.

In focused areas like maintenance planning, EAM managed services, or data governance, customers typically see measurable improvements within the first three to six months - higher plan compliance, cleaner data, fewer unplanned interventions. Broader AMaaS programs covering multiple service areas take longer to fully embed but deliver compounding improvement over the life of the agreement as data quality improves, processes stabilise, and AI capability builds on a governed foundation.

Your Assets Cannot Wait for Capability You Have Not Built Yet

Talk to COSOL's AMaaS team and find out exactly where we can extend your capability and what a practical starting point looks like for your operation.

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25+

Years of Asset Management Delivery

Trusted Across Mining, Utilities, Transport, and Infrastructure

Active AMaaS Clients Across APAC and the Americas

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