Our company collects the condition of many asset types e.g. stormwater assets. I would like to train the model to determine the future condition of assets based on data such as material, diameter etc. The model should use the condition based on similar pipes such as 150mm uPVC. For simplicity the condition would be 1 - Excellent to 5 requires replacement and plotted against percentage effective life (0 to 100). The predictive model could be set for condition in 1 year, 5 years, 10 years and vary with the condition of all similar pipes in this case to provide a state of the assets report based on time for the network. So an update all function would be required to update all the predicted condition for all similar pipes in this case
The same process could be used for other asset types e.g. building assets, watermains, sewermains, park assets, roads, etc.