Nowadays and more than ever, asset management tools and software have become critically important, especially in the maintenance and operations sector. 

Whether it’s data acquisition tools or data analysis software, they have become essential to ensure reactive to predictive maintenance activities. 

In order to take full advantage of these tools, companies must have the right processes and the necessary knowledge to effectively integrate them into their current business structure. 

What is enterprise asset management (EAM)?

IBM defines EAM :” Enterprise asset management (EAM) is a combination of software, systems and services used to maintain and control operational assets and equipment. The aim is to optimize the quality and utilization of assets throughout their lifecycle, increase productive uptime and reduce operational costs.” 

Asset management is an important element in the competitiveness of companies. Thus, the integration of software and programs for asset management ensures a better match between equipment availability and profitability, throughout their life cycle.

Difference between EAM and CMMS

CMMS (Computer Aided Maintenance Management) can be an aspect of EAM. They are two different methodologies. CMMS relies on the centralization of information to simplify and automate the maintenance management process. The main part of CMMS is its database. EAM, on the other hand, is an asset lifecycle management approach that supports the performance of assets from the moment they are owned until they are disposed of.

Why is enterprise asset management so important?

It helps companies to monitor, evaluate, manage and optimize the quality and reliability of their assets. Effective asset management helps maintenance teams to better control complex environments in order to :   

  • Optimize maintenance: asset tracking and traceability require more complex environmental, safety, and health requirements. AI, IOT, and analytics help optimize equipment maintenance.   
  • Improve asset utilization: historic data collected from devices with IOT and analytics and diagnostic tools allow the optimization of asset reliability, availability and life span.  
  • Prevent problems: Asset management tools and software provide preventive features to ensure stable and uninterrupted operations. It also helps to prevent potential problems that can disrupt production and ensure compliance with various requirements.  
  • Centralize asset data: An asset management system helps the maintenance manager know where the asset is, what it needs and who needs to take care of it and when.   
  • Intelligent asset monitoring: AI can optimize remote monitoring and provide actionable data on the current and expected condition of assets. Fewer and more accurate alerts are generated which improves decision making.  
  • Maintain aging infrastructure: With smarter maintenance strategies and integrated risk management, asset life cycles are extended.  
  • Optimize operational applications: Asset management enables a unified and standardized technology system to manage almost any type of asset.   

Our asset management solutions

In order to reduce disruptions in the production process, organizations are paying more and more attention to asset management and maintenance processes.  

Control all your organization’s maintenance processes with our EAM experts !    

We offer customized and configurable solutions to perfectly fit your asset management needs:   

  • IBM Maximo: World leader in enterprise asset management solutions.  
  • CARL Software: European leader and specialized software in CMMS and equipment maintenance since 1985  

Request your free demo! 


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