NEXGEN Asset Review - why 3.5 stars?

Shlomi Lavi / updated: Oct 06, 2022

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What is NEXGEN Asset?

NEXGEN Asset Management is an enterprise asset management solution for businesses of all sizes. It offers such services as asset categorization, risk prioritization, GIS integration, and others. The software was designed and launched by NEXGEN Asset Management headquartered in California, United States.

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Who is it best for?

Customers of the software include businesses of all sizes and a variety of types. Major industries where it can be used include automation and manufacturing, government and public administration, retail and wholesale, distribution and delivery services, healthcare and hospitality, and others. Some notable clients of the software include City of Grand Rapids, Jurupa Community Services, and LG etc.

Main features and functionalities

NEXGEN Asset Management features a comprehensive structured hierarchy for the management of both linear and non-linear assets. Assets can be grouped by locations and classes and assigned to different levels. Asset classes offered by the software include area, equipment, linear, structure, and vehicle.

For the purpose of accurately capturing and interpreting asset conditions, the software offers Asset Condition Index (ACI). The software also facilitates real-time lifecycle funding forecasts and risk prioritization. Other important capabilities include GIS integration with graphical interface, information tracking based on asset classes, and customizable inspection templates etc.

What is the actual cost?

The cost of license starts at $99 per month. ITQlick pricing score is 3.4 out of 10 (10 is most expensive). Access ITQlick pricing guide for NEXGEN Asset. You can also find here pricing information from NEXGEN Asset's website.

How it stacks up?

Access a head to head analysis of NEXGEN Asset vs alternative software solutions.

Frequently Asked Questions (FAQs)