The book "Value Based and Intelligent Asset Management" offers a comprehensive analysis and perspective on the evolution of asset management in the context of industrial plants and infrastructures. It aims to promote a forward-looking understanding based on value-based and intelligent asset management. In a time when asset management is still a young discipline, the necessity to further develop existing knowledge from industry and academia is emphasized. The book discusses the evolutionary changes in this field, starting with established theories and progressing to new concepts and technologies. It highlights the strategic importance of value-based asset management, defines the concept of value, and identifies intelligent asset management approaches that provide decision support throughout the entire lifecycle of assets. Additionally, it addresses new technologies such as cyber-physical systems and digital twins, as well as their impact on asset management.