Asset Management: Strengths of AI in Water, Part 2

This one confuses me. I am reading an article but I don’t understand too much how the above point is different from predictive maintenance. 

Nevertheless let me write about it a bit and see what happens.

“AI can help manage and prioritise infrastructure assets, ensuring their proper maintenance and replacement.” I am lost of course.

How is this any different than predictive maintenance? I guess that predictive maintenance is about spotting leaks and faults but maybe this can do more.

Ah yes. Predictive maintenance is just about faults. But asset management is more about the whole life cycle of the water infrastructure items.

It can look at acquisition, operation, maintenance and replacement. It can look at whether a part needs upgrading or not. It can look at financial, operational and strategic factors. It basically uses AI to prioritise which assets need upgrading, replacing, or closer inspection - based on data and algorithms.