Asset management is critical for companies because it decides the financial status of a business and improves its economic value. Hence, having an effective Asset Management Module in your company means to ensure the running of all business operations more efficiently and at peak performance. Its features include in-depth data analysis and real-time data collection that allow companies to earn more profits and remove ghost assets from the inventory. Internet of Things & Artificial Intelligence Internet of Things provides detailed knowledge of the Fixed Asset Module . It enables companies to have a greater control of fixed assets and provide them timely reports about asset health and performance. On the other hand, artificial intelligence utilizes machine learning to check asset status and empower analytical maintenance. AI technology collects the assets data from different sources such as sensors, telemetry, and weather events and establishes forecasting models after seeing