Abstract: An asset management system and method including an asset and a data tag attached to the asset. The data tag includes a data tag memory and a data tag communication interface. The system also includes asset information stored in the data tag memory, wherein the asset information including a characteristic of the asset. Also an asset management method for managing information related to assets. The method includes initializing a data tag with asset information and includes transmitting asset information to the data tag and storing the asset information in a memory of the data tag. The asset information includes service contact information The method also includes retrieving asset information from a data tag.