I think the first step in creating the open standard for asset registers is the creation of an open standard for asset register data exchange.
An Open Asset Register Data Exchange Standard would:
a) allow for data to be easily transferred from one asset management system to another.
b) reduce the number of apps/scripts that would need to be developed to extract data from drawings confirming to data lodgement standards like ADAC & R-Spec
c) potentially act as the seed for the development of an open source asset management system.
I have started working on one here as an example of how simple it might be to set up a standard.
If anyone has any suggestions about what fields should be included, or even better can point me in the direction of an existing standard please let me know, as I have no desire to reinvent the wheel if there is something already out there.
I'm not sure if asset management system vendors will see the value of such a standard, but I am hopeful local government asset managers will.