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Enterprise Asset Management Software Reviews 2023

EAM is crucial to ensuring safety compliance and streamlining asset lifecycle management, including making processes more accessible for technicians in the field. In the Internet of Things era — with everything from valves to vehicles connected by sensors and systems — practitioners are incorporating advanced analytics and artificial intelligence into EAM. The resulting insights help maintenance teams make better decisions, enhance efficiency, perform preventive maintenance and maximize investments in their physical assets. I used eMaint in my different departments and eMaint is a robust product that is extremely easy to use and makes asset management and maintenance a breeze. EMaint is highly configurable, and I like it because the fields and tools can be customized to our specific requirements. It enabled us to customize the program to our own requirements and all of our users give our customer service a good rating.

enterprise asset management software

Engineering Document Management Access a single source of truth when managing complex engineering documents. HR tech companies are racing to find ways to use LLMs, which can speed up tasks such as writing communications. The performance health specialist has achieved double-digit revenue growth in the year since adopting the BI vendor’s suite and … When it came time to move from SAP ECC to S/4HANA Cloud, Jabil chose to lift-and-shift systems in stages.

Accruent Data Insights

Press Releases All the latest maintenance, operations and reliability management news from UpKeep. For example, improving asset data can give finance better information on spending, helping align maintenance with organizational goals. Having a centralized location to manage the scheduling and execution of work boosts transparency and efficiency. Tracking, scheduling, and organizing employees and contractors, including their training and certification, is vital to a robust EAM strategy. Manufacturers need to optimize asset health so that production losses from downtime don’t hurt the bottom line. Furthermore, an EAM system facilitates a more efficient supply chain by placing the spotlight on undervalued MROs.

NexGen enables asset-intensive industries such as public works, manufacturing, energy and facilities to provide timely service delivery to customers. It assists enterprises in scheduling preventive maintenance activities, identifying enterprise software for 2030 high and low-performing assets based on accurate analysis and predicting equipment reliability. It mobilizes the workforce by helping them stay on top of work orders and maintenance schedules anytime, anywhere.

A data and analytics-driven approach will help you predict potential issues before they occur. Cut unplanned outages by up to 50% and reduce scheduled repairs through predictive maintenance by up to 12% , saving you time and resources. We help our clients understand risk, prioritize actions and improve overall safety and reliability. A proactive safety and risk management strategy can help mitigate risks leading to equipment failure and potentially catastrophic incidents. Locate enables map-centric asset management with the power of Esri’s ArcGIS embedded in FacilityForce. Bring your data to life visually and work with assets, work orders and more on interactive maps.

Basic Features & Functionality

Another capability of EAM is asset tracking, which provides real-time reports on the current status and expected state of each asset and generates alerts when actions are needed. The AI-powered system further enables predictive maintenance by gathering real-time condition data about each asset and using machine learning algorithms to determine when and where maintenance is needed. EAM is important because it helps organizations track, assess, manage and optimize asset quality and reliability. Asset intensive Organizations have hundreds, thousands, even millions of assets which needs to be maintained to maximize / optimize life of these assets to increase the return on investment. A robust preventive maintenance program is the best way to increase your asset uptime.

enterprise asset management software

For example, the software might alert operations managers to the impending failure of a machine part. In that situation, it might also provide the information and scheduling tools to dispatch a repair person to replace the part before it fails. Timely maintenance also minimizes the risk of worker injury and environmental damage. This common EAM software feature monitors the major stages of an asset’s life, from initial design to planning its production or construction, warranty management, decommissioning and disposal. Asset managers will streamline operations, maximize asset usage, lower risks, cut costs and ultimately enhance asset use by leveraging these cutting-edge technologies.

The Benefits of Enterprise Asset Management Software

Instead, the business relied on workers in the back office, on the floor, and in the field to provide oversight and to report on the condition of each asset. Due to the manual nature of this work, paper-driven processes were the norm, resulting in stale and inaccurate data. Utilities Software to maximize your returns on facilities, equipment and service teams. Healthcare Biomed and clinical engineering, facilities management and supply chain products.

  • Asset managers will streamline operations, maximize asset usage, lower risks, cut costs and ultimately enhance asset use by leveraging these cutting-edge technologies.
  • EAM software allows organizations to have a centralized database where they can store information about all their assets, such as their location, condition and usage.
  • See the current state of your entire operations with a glance of your dashboard, and share your analysis with reporting functionality that makes keeping others in the loop much easier.
  • Shipboard & MarineShipboard & Marine Explore asset tags for use in marine operating conditions exposed to saltwater spray.
  • Utilize powerful work order tools to create a framework for your unique process and provide your team with a rugged app to document tasks.
  • Some of its offerings include resource utilization, equipment monitoring, safety compliance, materials management and standardization.

Traditional CMMS, EAM, and APM solutions are siloed, creating issues for maintenance, operations, and reliability teams that all need access to integrated data and insights. That’s why we developed the UpKeep Asset Operations Management platform. Enterprise Asset Management is the process of maintaining and controlling physical assets and equipment throughout their life cycles. With UpKeep, it’s easy to track warranties, maintenance, depreciation, decommission of your assets, and much more. Any asset-intensive organization can use enterprise asset management to improve its operational effectiveness. When everything is tracked and monitored from inception to completion, leadership can gain better insights into business value.

Predictive Maintenance

If you’re looking for something to specialize in maintaining your facilities, you should check out this category of software. EAM software is used most frequently by enterprises with a high volume of physical assets. Manufacturing, hospitals, and logistics and distribution industries all typify fields that can get the most out of EAM software. CMMS’s are focused exclusively on maintenance, while EAM includes a range of other feature areas in addition to maintenance, such as procurement, supply chain management, and resource planning.

Reduce overall turnaround times without sacrificing compliance, regulatory requirements or safety standards with MRO software. See how manufacturers improve equipment performance with effective maintenance. Potential outcomes can be identified proactively and action can be taken before an asset failure causes worker injuries and accidents. Spills, fires, and other harmful outcomes are avoided, safeguarding the environment. Carbon footprints are reduced by running equipment optimally and minimizing resources used in maintenance cycles such as truck rolls and other heavy equipment.

enterprise asset management software

Use our preventive maintenance software to connect your teams, analyze your data, and deliver bottom-line benefits. A computerized maintenance management system consists of maintenance and operational functions that focus predominantly on the management of asset uptime. Decision-making is insular and limited to the maintenance and operations personnel that use these systems.

What’s the difference between EAM and CMMS software?

Providing reports and dashboards shows the benefits of enterprise asset management actions. In short, an EAM is a much more holistic system that touches every aspect of infrastructure and asset management. Meanwhile, a CMMS can be part of an overall EAM strategy, but the CMMS itself specifically focuses on maintenance management during the time that the asset is operating within the facility. Do you need to standardize and streamline your maintenance operations, implement, and track a preventive maintenance program? Or do you need cradle-to-grave asset management that also includes comprehensive maintenance?

EAM FAQ

Maximize asset health and performance with SAP Enterprise Asset Management. Brochures Get the details on Accruent’s industry-leading, data-backed software solutions. Pharmacies and Deep Discounters Software to optimize your asset, facilities, and workplace management.

Some very small companies may even be able to use free services that some EAM vendors provide as an entry-level tier with limited functionality. When measuring the overall budget of an enterprise asset management deployment and working to control your facility and warehouse costs, keep the following factors in mind. Transcendent is an EAM/CMMS that can help improve equipment reliability with complete asset management and reporting for all of your locations. This software combines the ability to create and schedule work requests with a complete asset lifecycle management system.

These industries place an emphasis on integrating safety, reliability, compliance and performance into workflows. EAM systems are needed to reduce costs by standardizing and improving maintenance practices and fostering collaboration. Increase productivity throughout your organization by tracking your spare parts, products, and tools all within the same platform as the rest of your maintenance. On Key has been around for almost 30 years, and their EAM is one of the leading systems on the market. This software has built-in support for IoT devices which can be connected to the program to enable real-time monitoring of data. The On Key platform can be deployed onsite or as a hosted SaaS configuration.

Planning

Input work order requests that you can assign to specific technicians for completion. EAM software even offers modules for tracking your employees’ health and safety training to make sure everyone on-site is up to date on crucial information. EAM software can also automate work order management, enabling work request tracking and maintenance, repair and overhaul scheduling. Facilities management is a subcategory of EAM and CMMS and offers targeted features for managing facilities.

Discover gaps in your maintenance strategies and unnecessary costs in your systems with ManagerPlus Lightning. See inside Asset Essentials™ – A work and assets management platform designed to empower operations managers to do their job… As part of this effort, EAM data can also be used to track and record stoppages – which can be achieved manually or through automated data capture through the internet of things . Other EAM processes which play a part include the availability of replacement parts and maintenance personnel.

Enterprise Asset Management Optimize asset performance with full life-cycle visibility for data-driven asset operations. Maintenance Management Mobile-first maintenance management and collaboration across all locations, assets, and teams. Our solutions create meaningful improvements in quality, efficiency, productivity, and safety – the antidotes to the status quo of waste, pollution, diminishing margins, and increased risk. Explore the highlighted products helping industry address environmental challenges in land, air and water.

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