Managing telecom infrastructure requires significant capital investments to procure, monitor and maintain tower assets. The tower industry has been constrained by a lack of visibility over networks, and asset management is becoming a priority area for industry leaders.
Top issues CFOs and asset managers struggle with include:
The true holding of assets: the precise value, location, utilisation and monetisation to ensure the integrity of financial records
Improving management of existing capital works in progress and getting assets capitalised on time
Improving CAPEX allocation and spend with data based forecasting and budgeting on acquisition of assets
Infozech's latest whitepaper delves into the key components of their Asset Lifecycle Management (ALM) solution, offering insights into the challenges faced by telecom tower companies and the transformative impact of strategic asset management on operational efficiency, financial performance, and overall business resilience.