OT Asset Management /

Accurate, well-governed asset visibility across your OT environment, supporting the full asset lifecycle from discovery through to disaster recovery.

Assetmanagement

You can’t manage risk in systems you can’t see. Many industrial sites lack an accurate, current picture of the software and hardware assets running their operations, which makes lifecycle planning, patching, and incident response far harder than they need to be.

At Tier16 we help clients build and maintain strong visibility and control across their OT environment, maintaining accurate asset inventories and mapping the relationships between systems to support the full asset lifecycle, including disaster recovery planning for operational continuity and resilience.

1. Asset Inventories
Managing detailed inventory allow for an efficient asset management strategy. Inventory management is integral to understanding recovery and management process associated with lifecycle management.

2. Asset Relationships
Mapping asset dependencies is crucial to understanding dependencies between assets. This allows engineering staff to manage the risk associated with asset upgrades and migration.

3. Asset Lifecycles
Defining product and asset software lifecycles form an integral part of OT asset management. Hardware and software have very different lifecycles that both need to be addressed separately.

4. Change Management
Change management is key to mitigating the risk associated with hardware and software changes. Understanding the risk associated with change, forms an integral part of the asset lifecycle process.

5. Configuration Management
Configuration management is the heart of any software within an OT environment. Treating software as an asset and managing it as such is of utmost importance in maintaining configuration files and recovery of assets affected by adverse events.

6. Disaster Recovery
The ability to recover from adverse events is key to recovering assets to an operational state with minimum disruption. A detailed disaster recovery plan should support staff to minimise the delay in recovering a business system function or process.

OT ASSET MANAGEMENT BENEFITS /

Strong asset management reduces unknown risk, strengthens compliance accuracy, and enables more effective decision-making across the business.

Reduced Unknown Risk

OT asset management reduced risk

This service develops and refines incident response and SOCI-mandated reporting processes to ensure rapid, compliant handling of cyber and operational disruptions. This reduces response time, limits business impact, and ensures statutory notification requirements are met with confidence.

Effective Decision-Making

effective OT asset management

We assess your cybersecurity maturity against the Australian Energy Sector Cyber Security Framework (AESCSF) to benchmark current capabilities and identify improvement priorities. This provides a structured pathway to strengthen cyber resilience aligned with sector expectations and best practice.

Continuity & Resilience

OT asset management resilience

With continuous SOCI advisory and compliance support we keep your organisation aligned with evolving regulatory requirements and threat landscapes. This ensures sustained compliance, improved resilience, and ongoing readiness for audits, incidents, and regulatory change.

OT SOFTWARE asset VISIBILITY/

Complete visibility of the operational technology environment is achieved through structured asset discovery and classification services. This includes identifying all OT systems and devices, mapping interdependencies across critical infrastructure networks, and maintaining an accurate, continuously validated asset inventory.

This foundational understanding reduces unknown risk, strengthens compliance accuracy, and enables effective decision-making across SOCI compliance and CIRMP aligned risk management and OT cybersecurity programs.

Watch the video: In this in-depth session, Rheinhardt Peens explores how industrial organisations are transforming the way they manage Operational Technology (OT) software while navigating their obligations under the Security of Critical Infrastructure Act. 

 

Drawing on real examples from critical infrastructure environments, the discussion demonstrates how a more structured approach to OT software management can strengthen compliance, improve operational performance, and security of critical infrastructure. 

 

This session takes a practical look at:

  • How to clearly define OT software assets

  • Ways to improve visibility and governance across the lifecycle

  • Managing dependencies and increasing maturity over time

  • Navigating obligations under the Security of Critical Infrastructure Act

Asset Management - faq/

What is included in an OT asset management program

Our OT asset management program typically includes asset discovery and inventory, relationship mapping between systems, lifecycle and maintenance planning, and disaster recovery planning, all supported by ongoing reporting and monitoring.

For legacy systems we combine automated network discovery tools with manual site walk-downs and documentation review, since older equipment often isn’t visible to standard scanning tools and needs to be captured through physical inspection and operator knowledge.

Yes. Asset data can be structured to feed into existing computerised maintenance management systems (CMMS) or other maintenance platforms, so asset management complements rather than duplicates what’s already in place.

Accurate asset inventories and lifecycle records are a core evidentiary requirement under CIRMP, since regulators expect organisations to know what critical assets they operate, how they’re maintained, and what risks they carry.

In our experience, timeframes depend on site size and existing documentation, but a complete inventory for a mid-sized industrial site typically takes several weeks to a few months, including discovery, validation, and reporting.

securing critical infrastructure /

We deliver end-to-end OT security services designed to protect industrial environments and ensure SOCI compliance in practice. 

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