Case Study: The City of Moncton achieves 20% ROI with Siemens Asset Management Software

The City of Moncton achieves 20% ROI with Siemens Asset Management Software

The City of Moncton faced the challenge of aligning its financial reporting with forward-looking infrastructure management. Information trapped in expensive, siloed systems prevented efficient service delivery and limited the finance team's role in asset management. To address this, the city chose to implement the Assetic software from Siemens Asset Management Software to build a unified asset management system.

By implementing Siemens' Assetic platform, the city connected its finance and accounting teams with service departments on a single system. This integration removed information silos and enabled collaborative planning. The results included a 20% return on investment, a projected 10% reduction in the capital plan, and 100% integration of the asset management database, leading to more strategic and cost-effective decision-making.

The City of Moncton