Recent
IDC research conducted in January 2011 estimates that the “worldwide
market for cloud-based systems management software will total to
$2.5billion by 2015.” In such a scenario, Enterprise
Asset Management (EAM)
software, which manages an enterprise’s physical infrastructure,
will also see unprecedented growth. Cloud or on-premise based, an
effective EAM solution will absolutely impact an organization's
return on asset investment by contributing immeasurably to the
required tasks of maintenance, providing complete asset visibility,
and facilitating federal and global compliance regulations.
The
Current State of EAM
Traditional
EAM solutions record or capture data and then, at best, provide a
vehicle to view the history of these transactions. Generally,
information about materials, labor hours, and overall cost of
maintenance is captured in the work order module and then perhaps
later transferred, usually via hand-key, to the financial ledger,
creating a limitation and severe bottleneck. Information that needs
to necessarily flow backwards and forward between two different
systems gets locked in just one system. Synchronization of data among
systems is cumbersome, inaccurate, and almost never in real-time.
What
Lies Ahead for EAM?
The
future of effective EAM truly rests on effective integration with
other corporate systems. EAM and Maintenance
Management software can
no longer be "point" solutions - only used by the
maintenance folks. An island of maintenance management automation
will over time certainly become a non-deployed maintenance
management solution.
This means the onus of a successful EAM system will depend on its
ability to integrate and collaborate with systems efficiently. It
will need to support multiple industry protocols and interface with
other organizational systems to facilitate real-time data exchange.
Examples include; employee records within Human Resources
applications, or exposed production schedules to maintenance or
maintenance schedules exposed to operations departments.
The
cmms
software
or
SaaS of the future will of course support global enterprises via
functionality such as diverse language and currency compliance.
Maintenance management software must continue to broaden its focus on
cloud computing and anytime, anywhere data access via mobile enabled
devices. A mobile enabled EAM solution can ensure that communication
flow between technicians, contractors, and field-based operators are
streamlined. Such a solution can also allow easy access to previous
work history to ensure enhanced troubleshooting abilities.
An
EAM solution of the future can offer immense benefits to enterprises
by way of eliminating traditional manual and non-existent information
exchange processes.
Read more on - computerized maintenance management
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