Journal of African Development

Organizations that want to be able to manage all their assets are now required to use Asset Management Systems (AMS).operational efficiency, cost optimisation and revenue sustainability. The increasing Leverage digital technologies like Artificial Intelligence (AI), Internet of Things (IoT), and other innovations.The advent of cloud computing, and Enterprise Resource Planning (ERP) systems has revolutionized the way businesses operate. Integrated the asset management practices with the strategic business functions. The present study examines the effect The impact of Asset Management Systems on revenue generation and organizational performance. The research investigates the efficiency of asset tracking and maintenance, technology, and the management of inventory and capital. The research focuses on asset tracking efficiency, maintenance management, technology, and inventory and capital management. Operational optimization and adoption help to increase profitability and financial sustainability. A quantitative research methodology was followed with the help of structured questionnaires which were distributed Amongst workers and supervisors in separate sectors. Statistical tools including The percentage analysis, correlation analysis, regression analysis and reliability testing were used To assess how AMS relates to organizational growth. The results show that organizations with high-level AMS technologies have reported that they have achieved the following: Augmented working efficiency, lower maintenance expenses, greater asset use, and higher revenue generation. Predictive maintenance and real-time asset monitoring have a significant impact Minimize equipment downtime and increase productivity. The study concludes that effective asset management systems offer long term competitive benefits and increase financial outcomes. Performance