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In this tutorial, Arsh Kutela, a functional consultant, introduces a new feature in the asset management module related to counter-based maintenance enhancements. He explains the necessity of accessing the feature management workspace under system administration to enable this feature. Counters are numeric tracking tools for assets, exemplified by a 'car' asset that tracks mileage. Arsh demonstrates how to set up and utilize counters within the asset management system, emphasizing the importance of having the feature activated to effectively manage asset data.