Business Asset Management

The management of business assets is the discipline that seeks to manage the entire life cycle of the physical assets of an organization in order to maximize its value. It covers processes such as the design, construction, operation, maintenance and replacement of assets and infrastructure. "Business" refers to the management of the assets even though they are in different departments, locations, facilities, and in some cases, even different business units. Asset management can improve its performance, reduce costs, extend its useful life and improve the return on investment of assets.

Business asset management is a business paradigm that integrates strategic planning with operations, maintenance and capital investment decisions. At the operations level, the management of business assets appeals to the efficiency of all assets, including inventories, compliance with regulations and human resources by combining the goals of investment, maintenance, repair and management of exploitation. Similarly, the management of business assets includes challenges that include improving productivity, maximizing the life cycle, minimizing total cost and supporting the supply chain.

What it is?

Enterprise asset management (EAM) refers to the combination of software, systems and services that an organization uses to control and optimize its physical, technological and human resources of its business units and geographic locations.

If you are a manufacturer, distributor, government entity, or service provider, you need asset management software to help keep your plant, equipment and facilities available, reliable and safe.

You need a powerful solution that can help you achieve your environmental compliance, and service goals, reduce your inventory levels, purchase costs and energy use, improve the productivity of your staff, and make better decisions on less time.

EAM Enterprise can be adapted for any industry.

A powerful system to keep your company's equipment, facilities, vehicles and assets in top shape in order to maximize your profits. This will help you reduce your purchase costs, inventory levels and inventory management costs, while making your workers more productive.

The solutions help you with the following capabilities:

Maximize asset utilization

Support real-time data collection from IoT devices and use diagnostic and analysis tools to optimize the availability, reliability and useful life of your assets.

Manage infrastructure and obsolete assets

Expand the life cycles of your equipment by optimizing your maintenance strategy. Incorporate risk management into your business processes and improve the return on investment.

Increase maintenance management

Improve equipment maintenance practices with IoT and AI. Use tracking and traceability to meet increasingly complex health, safety and environmental requirements.

Consolidate operational applications

Establish a single technological system to manage virtually all types of assets. Unify and standardize the processes of powerful asset functions throughout your company.