Shivaan Asset Management
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About Shivaan Asset Management

Shivaan Asset Management is the asset management and reliability engineering partner that turns the assets, data and people you already have into safer, more reliable and more profitable operations, from the field to the boardroom.

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Who we are

Shivaan Asset Management is your expert partner, bringing deep experience, knowledge and skills with a proven track record across key industries including Mining, Manufacturing, Smelting, Rail Transport, Oil and Gas and Defence.

We work with asset intensive businesses to improve and realise sustainable value from their physical assets.

Our commitment lies in enhancing the reliability, efficiency, and lifecycle performance of assets while supporting compliance and sustainable business growth.

Backed by deep industry expertise and global standards, we deliver tailored asset management solutions that drive performance, resilience, and long-term value.

Our vision

To redefine the future of asset management by becoming the most trusted partner for asset-intensive industries in building intelligent, resilient, and high-performing operations worldwide

Our mission

To help asset-intensive industries achieve operational excellence and sustainable value by resetting how physical assets are managed across the lifecycle, through standardisation, automation, AI, and data-driven strategies, positioning our clients as resilient, future-ready leaders in a new era of industrial advancement

Jitesh Patel, Managing Director of Shivaan Asset Management

Jitesh Patel

Managing Director

Jitesh Patel is a Mechanical Engineering graduate with an Executive MBA, and brings over 15 years of expertise in strategic and technical asset management planning, asset lifecycle, reliability engineering studies, business management, people management, and business leadership in various heavy asset industries.

He integrates business management systems, develops processes, systems and foundations from first principles thinking, building on the strengths a business already has, and promotes innovation and standardisation for growth and data-driven decision-making.

His experience on field and corporate levels resonates through his experience, skills, knowledge and advisory engagement, allowing clients to easily navigate the complex problems into clear and dependable structure, across all heavy asset industries to achieve sustainable success.

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Qualifications

  • Mechanical Engineering, Honours

  • Executive MBA

  • Lean Six Sigma Black Belt

Memberships and standards work

  • ISO/TC 251 committee member

  • GFMAM Landscape committee

  • Institute of Asset Management

  • Asset Management Council

  • Engineers Australia

Our team

Our team covers the work from your asset management policy to the failure codes in your CMMS.

Why it matters to you

Engineering depth, a commercial case and a current standards position usually sit with three different people, in three different organisations.

  • Read at the component

    The failure mode is established on the plant, at the component, not inferred from a spreadsheet.

  • Argued at the board

    The same team puts the investment case in front of your executive, in their language.

  • Current, not dated

    The standards position moves with the committees, so you get the practice as it stands now.

Here all three sit in one team, led by our Managing Director, who is in the room for your work. That is what carries a change past the closing report and into how your people run the asset afterwards.

  • Reliability engineers

    At several levels of experience, covering FMECA, RCM, criticality, RAM studies and maintenance strategy.

  • Asset management professionals

    The ISO 55000 series in practice: asset management policy, SAMP, asset management plans and maturity assessments.

  • CMMS specialists

    SAP PM, Maximo and other systems: hierarchies, failure codes, catalog profiles and master data.

  • Technology team

    AI models and internal tools that accelerate our delivery and keep it consistent, standardised and economical.

For large scale projects, we also partner with specialist companies, locally and internationally, to bring the right professionals to the work.

Client outcomes, in their words

  • Jitesh consistently delivered. Their focused approach and clarity in understanding complex needs, then translating them to our teams, was exceptional. Combining deep technical expertise with expert stakeholder management, Jitesh ensured projects were on time, on budget, and directly aligned with our strategic goals. A truly invaluable and practical partner.

    Global Mining CompanyAsset Management Team

  • Jitesh Patel from Shivaan Asset Management delivered our rail availability uplift project with exceptional integrity and passion. His deep knowledge and experience were instrumental in bringing the project within budget and timeframe, while substantially reducing operational risks through expert Risk-based RCM analysis. Jitesh's ability to understand our requirements and engage all stakeholders was outstanding, ensuring alignment and buy-in. His work was consistently of high quality and detail, and he strategically facilitated workshops that added significant value. Jitesh truly went above and beyond, providing crucial support on additional tasks and even assisting with our benchmarking business case. We were incredibly fortunate to have his expertise and dedication on our project.

    Global Mining CompanyStrategy OptimisationUnderground mine rail haulage: maintenance strategy optimisation across locomotives, track, switches, transformers, electrical systems and loading chutes.

Talk to the team who would do the work

Bring the decision you are weighing up, and we will tell you plainly whether we are the right people for it. If you would rather judge the work first, every result we quote comes from a published case study.

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