Shivaan Asset Management

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.

Read the Data Standardisation and AI Readiness Framework

The delivered work behind that experience

Each sector below names the scope it was delivered at, and links to the case study it is drawn from.

  • 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.

    Read the underground copper case study

  • Manufacturing

    Within the following three months, operators reported fewer rejects and steadier mill operation, while recharge-planning confidence improved and key-person dependency reduced.

    Read the ball mill reliability case study

  • 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.

    Read the aluminium smelter case study

  • Rail Transport

    Work on a rail transport project, delivering the design-stage Reliability, Availability, Maintainability and Safety (RAMS) scope of works.

    Read the rail RAMS case study

  • 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.

    Read the SAP failure codes case study

  • 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.

    Read the network modernisation case study

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.

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Jitesh Patel, Founder and Director of Shivaan Asset Management

Credentials

Credentials and professional memberships

Three credentials cover the engineering, the commercial case and the method. Three keep the standards work current.

  • Mechanical Engineering, Honours

    The engineering under every recommendation is checked at first principles, not taken on trust.

  • Executive MBA

    The technical case is translated into the commercial one, so it survives the executive room.

  • Lean Six Sigma Black Belt

    Improvement is run as a measured method, so the gain is proven rather than asserted.

  • ISO/TC 251 committee member

    Your ISO 55000 work is guided by someone active in the committee that updated it.

  • GFMAM Landscape committee

    Your scope is tested against the global asset management landscape while that landscape is being updated.

  • Professional memberships

    Engineers Australia, the Asset Management Council and the Institute of Asset Management.

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 person 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 they sit with one person, and that person is in the room for your work. That is what carries a change past the closing report and into how your team runs the asset afterwards.

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.