In FieldEx, asset performance insights are tracked using system-calculated metrics tied to usage, downtime, and cost history. These metrics help assess how efficiently assets are being used, when to plan replacements, and which assets may be underperforming. Metrics are visible in the asset record for assets classified as Equipment or Vehicle.
Useful Pre-requisites
The asset must have the Classification field set to Equipment or Vehicle to unlock analytics fields.
Jobs must be consistently linked to assets with proper Job Type Tags (e.g., “Repair”, “Maintenance”).
Spare part costs and job check-in times must be entered accurately for calculations to be valid.
Asset Status and Condition must be updated over time to reflect true usage.
Where to Find Performance Metrics
Path: Assets > Select Asset > Analytics Section
Go to Assets and select the asset record.
Scroll to the Analytics section (available only if Classification = Equipment or Vehicle).
Review the following grouped insights:
Lifespan and Financials
Usage and Downtime
Maintenance and Repair Metrics
Performance & Cost Analysis
These metrics are either calculated automatically or based on job activity, condition, and cost logs.
Key Metrics and How They Are Calculated
Metric | Description | Formula |
Time Used | Actual time in use (Status = Active) | Sum of durations when status = Active |
Total Available Time | Operational potential time | Sum of Active + Idle status durations |
Utilization Rate | Efficiency of use | (Time Used ÷ Total Available Time) × 100 |
Remaining Useful Life (RUL) | Projected lifespan left | Estimated Lifespan − Asset Age |
Asset Age | Time since acquisition | Current Date − Purchase Date |
Total Downtime Period | Total time unavailable | Sum of durations when status = Downtime |
MTTR | Avg. time to repair | Total Repair Time ÷ Number of Repairs |
MTBF | Avg. time between failures | Total Available Time ÷ Number of Repairs |
Failure Rate | Failure frequency | (Total Downtime ÷ Total Available Time) × 100 |
Operating Costs per Hour | Avg. cost per operational hour | (Lifetime Repair + Maintenance Cost) ÷ Total Available Time |
Repair Costs per Hour | Repair cost per usage hour | Lifetime Repair Cost ÷ Total Available Time |
Lifetime Repair Cost | Total repair expenses | Sum of repair job costs (parts × qty) |
Lifetime Maintenance Cost | Total scheduled maintenance costs | Sum of maintenance job costs (parts × qty) |
Note: Monetary values are shown in the organisation's default currency. Durations are shown in months or years where applicable.
Why This Matters
Identifies underperforming or over-utilized assets.
Supports lifecycle and budgeting decisions with real data.
Enables benchmarking across asset types or regions.
Tips for Accurate Metrics
Ensure all jobs are properly tagged by Job Type (e.g., Repair, Inspection).
Use technician check-in/out times to improve accuracy of usage and repair time.
Keep asset statuses and conditions current to reflect actual downtime and availability.