# Asset Management
SolidRed offers Assets as a fundamental component of its device management ecosystem. Assets serve as virtual entities that group and organize devices based on criteria such as location, function, or any other relevant attributes. They act as a bridge between your physical devices and the digital realm, making it easier than ever to monitor, control, and analyze your IoT ecosystem.
With Assets, you can centralize device management, efficiently organize devices, and streamline device control and configuration. These assets facilitate analytics to gain insights into device behavior and performance. The customizable hierarchy allows you to mirror your organization's physical or logical layout, ensuring scalability as your IoT network expands.
In this section it is outlined how to:
{% hint style="info" %}
If your SolidRed installation uses a 3rd-party integration to generate the asset hierarchy. This feature is not meant to be used.
{% endhint %}
Assets are a funadmental component of SolidRed's entity management ecosystem. Assets serve as virtual entities that group and organize devices based on criteria such as location, function, or any other relevant attributes. They act as a bridge between your physical devices and the digital realm, making it easier than ever to monitor, control, and analyze your IoT ecosystem.
With Assets, you can centralize device management, efficiently organize devices, and streamline device control and configuration. These assets facilitate analytics to gain insights into device behavior and performance. The customizable hierarchy allows you to mirror your organization's physical or logical layout, ensuring scalability as your IoT network expands.
SolidRed administrators or customer administrators can perform the following actions related to assets:
### Add asset
Clicking on the plus (+) icon at the top of the navigation panel, next to the search icon, will expand a context menu. From this menu, an asset can be created. Alternatively, opening the context menu (vertical ellipsis) will show the 'Add asset' option. A form will then de displayed where:
* Parent asset: will be prefilled with the entity selected from the context menu.
* Asset name: required.
* Description: optional.
* Dashboard: defines the application dashboard to be used within the asset. Please note that the information displayed changes based on this selection.
### Edit asset
Clicking on the vertical elipsis of a site will expand a context menu with the option 'Edit asset'. Clicking on that option will open a form enabling administrators to change the asset's parent, name, description and/or dashboard.
### Delete asset
From the edit asset form, the user can click on the 'Delete' button to remove the asset and all assets and devices within it.
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A confirmation window will show upon clicking the 'Delete' button. Be aware that upon confirmation, the action is **irreversible**.
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