Advantages and Disadvantages
The makers of IFS EAM CMMS promote this product as a comprehensive enterprise asset management model with a “provable lifecycle approach”. This tracks assets through all stages of use and applies vital evaluations to help with predictive and preventative maintenance.
IFS EAM is also intended to make project management easier, with many available metrics to measure asset integrity along with the performance and maintenance status of fleet systems, components and heavy equipment. The IFS EAM application suite includes a mobile platform to allow for better field use so that managers or anyone with access can check reports or evaluate systems from wherever they happen to be.
The Infor EAM software also places a premium on preventative maintenance and in maximizing uptime for business assets. To this end, Infor provides a lot of tracking tools and information portals on an industry-specific basis.
Infor’s strategic planning functionality works on the model: Predict – Prevent – Profit.
By predicting what’s going to go wrong with pieces of equipment and other assets, Infor enterprise asset management users can pinpoint maintenance requirements. Through pursuing preventative maintenance, the company can save money on repairs and drive other operational efficiencies.
Infor also cites specific types of uses for its EAM platform: customers can identify facilities, assets or production line assemblies that are likely to underperform. They can evaluate scheduling changes or other operational changes, to see what impact they may have on downstream processes. Infor EAM can help administrators to look at the availability of assets and what that means for the business, while “aligning assets to achieve strategic goals.” By increasing visibility with scorecards, dashboards and other analytics presentations, companies can work to improve processes in house.
The Infor EAM CMMS system can contribute to radical changes in business models: Infor claims customers can see up to a 50 percent reduction in maintenance, labor and contractor costs in addition to a 20 percent reduction in downtime.
The Oracle asset management software is built to serve many different industries with an asset lifecycle outlook. Self-serve portals streamline the process of getting maintenance information into the right hands.
Oracle EAM offers fixed plan, mobile, infrastructure and linear evaluations, while also highlighting MRO models for financial planning. Real-time analytics get funneled into preventative maintenance schedules, and intelligent asset analytics contribute to a long-term best result.
Case studies show Oracle customers extending asset life by up to 30 percent, improving productivity and reducing equipment breakdowns.
Combining a variety of focus points, Oracle is another EAM/CMMS system that offers a comprehensive way to manage the long-term maintenance needs of a business and to pinpoint the real preventative maintenance that will help optimize asset use. From a top brand in ERP and overall data handling software, Oracle EAM combines database-centered activities with other types of data tracking and analysis.