Application service provider (ASP) featuring software used in the field of asset management and asset management automation for use in managing steps in the life cycle of an asset, namely, managing the procurement, installation, maintenance, calibration, repairs, upgrades, validations, retirement, for equipment, instruments, software, and other assets that are used in the fields of research and development, production, quality control, facilities/maintenance operations, IT, general business, and home; Application service provider featuring software for providing an on-line database in the field of transaction processing to upload transactional data, provide statistical analysis, and produce notifications and reports