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.
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
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.
The method behind that work
The standardisation side of that work follows one published method, our Data Standardisation and AI Readiness Framework. Five phases and nine steps take an asset base from records kept a different way at every site to standardised data that reporting, optimisation and AI can stand on.
Sector experience, tied to delivered work
A sample of the work behind that experience. Five of the six sectors below link to the case study they are drawn from; the other is delivered work we have not published a case study for.
Mining
1,849 maintainable items assessed and 24,722 failure modes and causes addressed on an underground copper operation, for a critical equipment availability and production throughput uplift of six days a year.
Manufacturing
Within the following three months, operators reported fewer rejects and steadier mill operation, while recharge-planning confidence improved and key-person dependency reduced.
Smelting
Three aluminium smelters ranked on one criticality basis, with 3 Strategic Asset Management Plans and 23 Asset Management Plans for business-critical asset types, and ISO 55000 as the baseline.
Rail Transport
Work on a rail transport project, delivering the design-stage Reliability, Availability, Maintainability and Safety (RAMS) scope of works.
Oil and Gas
5 asset classes and 44 asset class types delivered as SAP compliant failure codes for a Tier 1 oil and gas operator, in 8 weeks.
Defence
Systems engineering safety assurance across four work streams, DFMECA, hazard log, fault tree analysis and design assurance reports, on the first phase of a network modernisation programme.
Jitesh Patel
Founder & 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.
Credentials and professional memberships
- Mechanical Engineering graduate with honours
- Executive MBA
- Lean Six Sigma Black Belt
- Active member of ISO/TC 251, the committee that updated the latest ISO 55000 series of standards
- Member of the technical committee updating the GFMAM Asset Management Landscape
- Member of Engineers Australia, the Asset Management Council, and the Institute of Asset Management
Talk to the person who would do the work
The experience, the credentials and the standards work on this page are what you get in the room. Bring the decision you are weighing up and we will tell you plainly whether we are the right people for it.