Why Your Organisation Needs a Professional Asset Audit
If you’re a property owner, facility manager, or part of a government or corporate entity, having visibility of the real value and condition of your assets is critical. Regardless of the state or age of the building, setting up the fundamental data is crucial.
having a solid, granular data should be part of your roadmap. Hence, an accurate and up-to-date asset register will lead to better operational decisions, regulatory compliance, and long-term cost savings.
At Infinity Wave, we provide end-to-end consultancy services covering not only asset audit and tagging services in Malaysia inclusive of asset audits, tagging, performance assessment, and data migration.
Hence our proven approach helps organisations make sense of their physical assets and down to the last detail.
1. Asset Audit & Physical Verification
We conduct comprehensive physical audits to verify your asset inventory, whether fixed, mobile, or infrastructure-based. Our team has successfully delivered audits for:
- Platinum-grade facilities of a renowned utility company in Malaysia
- University learning centres across multiple campuses in Malaysia
One of our most impactful outcomes was the discovery and structuring of over 5,000,000 previously unrecorded asset data points, giving our clients full visibility and control.
2. Asset Tagging & Labelling
We apply durable, tamper-proof asset tags (QR code, barcode, or RFID) suited to your environment. As a result, these tags enable quick identification, scanning, and linking to digital records and supporting maintenance, inspection, and reporting workflows.
3. Asset Performance & Lifecycle Assessment
We help organizations assess asset condition and performance to identify:
- Underperforming or aging assets
- Lifecycle stages and expected replacement windows
- Gaps in utilization or maintenance efficiency
Consequently, this analysis supports strategic CAPEX planning and proactive maintenance approaches.
4. Data Structuring, COBie Compliance & Digital Migration
We go beyond collecting data. Our consultants:
- Structure and validate data to COBie standards, supporting BIM-FM integration
- Deliver clean, ready-to-use datasets for your CMMS, ERP, or digital twin platforms
- Migrate from spreadsheets or legacy formats into centralized, future-ready systems
5. ISO 55001 Certification Support
Asset audit is often the first step toward ISO 55001 Asset Management System certification consequently we support clients by:
- Aligning asset data structures and documentation with ISO 55001 requirements
- Providing gap analysis, system readiness, and pre-certification guidance
- Building digital registers and workflows to meet ongoing compliance needs
Our clients gain a solid foundation for asset management and also a strategic path toward internationally recognised certification.
What Value Can You Expect?
Here’s what our clients gain from engaging our audit and asset data services:
- Full Asset Visibility: Know exactly what assets you own, where they are, and what condition they’re in.
- Improved Compliance & Audit Readiness: Support for ISO standards, public sector audits, GBI certification, and more.
- Optimised Maintenance & Lifecycle Planning: Plan replacements and preventive maintenance using real-time asset condition data.
- Cost Savings: Eliminate ghost or duplicated assets, avoid over-insuring or over-purchasing.
- Data-Driven Decisions: Structured, verified data supports long-term planning, budgeting, and reporting.
- COBie & BIM Integration Ready: Enable seamless facility handover, BIM linkage, and digital twin development.
- ISO 55001 Certification Support: Establish a foundation and system for certification with expert guidance.
- Faster Operational Response: Enable teams to scan, report, and act faster with tagged, digitized assets.
- Cross-Departmental Alignment: Create a single source of truth for finance, FM, procurement, and operations.
Why Infinity Wave?
- Deep experience with multi-site, high-value facilities and institutions
- Delivered over 2 million structured asset records for clients across sectors
- Proven results in COBie-compliant data delivery and ISO 55001 readiness
- Option to integrate long-term with our own CMMS platform, FOX
Start with an Audit. Plan for the Future.
Whether you’re preparing for ISO certification, compliance audits, or digital FM transformation, Infinity Wave can support you at every stage. If you are looking for asset audit and tagging services in Malaysia, we are ready to deploy our team.
Contact us at hello@infinitywave.io or get in touch here to request a proposal.
Frequently Asked Questions
What is an asset audit and why is it important?
An asset audit is a physical verification of all assets owned by an organization and to ensure accuracy in asset records, supports compliance, but also helps organisations make better financial and operational decisions. Therefore, it’s a critical step for lifecycle planning and ISO 55001 certification readiness.
What does asset tagging involve?
Asset tagging involves applying physical labels such as QR codes, barcodes, or RFID to each asset. These tags allow for easy identification, tracking, and management of assets throughout their lifecycle, especially when used with a CMMS.
Who needs asset audit and tagging services?
Organizations in sectors such as utilities, education, real estate, healthcare, government, and manufacturing benefit from these services. Any organization managing physical assets can improve efficiency, reduce risk, and prepare for digital transformation through audits and tagging.
Can Infinity Wave help with ISO 55001 certification?
Yes, we provide ISO 55001 readiness support by aligning your asset data, processes, and documentation with the standard. In addition to that, we assist with audits, gap assessments, and digital systems setup to help you achieve certification.
What is COBie and why is it important in asset management?
COBie (Construction-Operations Building information exchange) is a standardized data format used to capture and deliver building asset information. Hence, COBie is essential for BIM integration, digital handovers, and long-term facility management. Infinity Wave structures asset data to COBie format for clients requiring BIM-ready datasets.
What are the benefits of asset audit and data management services?
Clients gain full asset visibility, cost savings, better compliance, and smarter decision-making. Basically the benefits include optimised maintenance, accurate reporting, ISO 55001 readiness, and integration with digital FM systems.
Do you offer asset audits across Malaysia?
Yes. Infinity Wave provides nationwide asset audit and tagging services in Malaysia. In addition to that, our portfolio includes GBI platinum-grade utility buildings and multiple-campus university learning centers.