ENTERPRISE ASSET MANAGEMENT (EAM Solutions)
The solution for managing all aspects of your asset lifecycle
Perfect EAM Systems to Maximize Asset Value<
With an EAM Software, you can track asset-related data, including maintenance and compliance. An EAM System can be integrated with Enterprise Resource Planning (ERP) to adopt a strategic approach to asset management.
An EAM Solution enables you to manage the maintenance of business assets and optimize their performance from the beginning to the end of their lifecycle.
With Enterprise Asset Management, you get a complete view of your assets to improve their availability and reliability, and to enhance the services offered. Monitor the health status of assets, drive predictive maintenance, and swiftly repair faults without impacting productivity.
Why Choose IFS EAM Software
IFS Enterprise Asset Management (EAM) is a cloud-native, adaptable solution developed to meet the complex asset needs of the energy and utilities, construction-engineering, manufacturing, services, aerospace and defense sectors. Our EAM solution, boasting over 40 years of experience, is capable of automating the management of all your assets to regulate maintenance and maximize asset performance from a single solution.
Why Choose IFS EAM Software
Improve Productivity
Increase Operational Efficiency
Enhancing Visibility and Management Control
Increase Profitability
With structured resource planning, maintenance, and scheduling, you can reduce the number of systems used to track and manage assets, utilizing the interface best suited to the work environment.
Balance operational requirements with maintenance needs. Implement standardized processes for planning, scheduling, and efficiently executing maintenance activities, keeping resources always available and performing at their best.
EAM software helps plant or facility management teams monitor key performance indicators, such as maintaining the ratio of preventive to corrective maintenance above 75%. This means that for every three preventive maintenance interventions carried out, only one is corrective. Such a ratio indicates a proactive approach in asset management, improving efficiency and increasing the chances of achieving profitability.
With structured resource planning, maintenance, and scheduling. Reduce the number of systems used to track and manage assets and use the best interface for the environment in which you work.
Balance operational requirements with maintenance needs. Execute standardized processes to efficiently plan, schedule, and execute maintenance activities. Keep resources available and running at peak performance.
Increase the value of your assets or revenue opportunities with a single source of truth for asset data, contracts, costs, and best practice information. Real-time, data-powered decision making allows you to react faster to stay in control
EAM software can help a plant or facilities management team manage important key performance indicators, for instance by keeping the preventive-to-corrective maintenance ratio above 75 percent.
In practice, this means that for every three preventive maintenance tasks a maintenance team performs, they are only doing one corrective task. This ratio indicates a proactive asset management program, better efficiency, and a better chance of achieving profitability.
Increase Productivity with IFS EAM
By providing visibility into assets and equipment, the EAM software offered by FI Solutions enhances the use of asset investments through more effective maintenance, increased efficiency, and compliance with regulations. In the long term, it can foster a strategic view of business activities, often in synergy with an ERP system.
IFS Enterprise Asset Management offers complete visibility into the data necessary for asset management and maintenance: from the costs of materials and maintenance for each asset to crucial information such as the type of equipment, its location, production line, product group, and age. With this data at your disposal, you can make more informed and strategic decisions.
An EAM System that Supports Your Business
Keep Assets Active and Operational
Improve Health, Safety, and Organizational Compliance
Optimize Decision-Making Process
To keep assets active and operational, EAM supports decision-making in various daily scenarios, such as choosing between repair or replacement and prioritizing assets. EAM assists you in managing maintenance details, potentially reducing downtime due to machine stops or minimizing disruptions caused by shortages of spare parts or personnel.
Health, safety, and environmental issues are fundamental aspects for every organization. Equipment failure can cause costly or even catastrophic damage, which can lead to risks of injury or death, or the release of harmful materials into the environment. Your EAM software tracks maintenance actions performed, including how your maintenance technicians are certified.
To ensure that assets remain active and operational, EAM supports decision-making in various daily scenarios, such as the repair or replacement of assets and defining their priorities.
By helping you manage the details of maintenance, EAM could help you reduce «turn time» for shutdowns or minimize stoppages due to part stockouts or labor shortages.
Health, safety, and environmental concerns are critical for every organization. Equipment failure could result in costly or even catastrophic damage to the equipment – which could involve risk of injury or death or release harmful materials into the environment.
Your EAM tracks the maintenance actions you have taken, including how your maintenance technicians are certified.
To help keep assets up and running, EAM helps you to support decision-making in a range of day-to-day scenarios, such as repair/replacement or asset prioritization.
Enhance Your Strategy with EAM Services
Transition from Reactive to Proactive Maintenance
Towards Condition-Based Maintenance
Support Asset Lifecycle Management
Improve the Effectiveness of Operational Equipment
An EAM approach can help maintain the ratio of preventive to corrective maintenance – a key performance indicator (KPI) – above 75%. In practice, this means that for every three preventive maintenance activities carried out by a maintenance team, only one corrective intervention is performed.
As a starting point, calendar-based maintenance can be adopted, performing interventions at predetermined intervals. If you have access to diagnostic data, you can move to condition-based maintenance, using parameters like temperature, vibration, and pressure to trigger maintenance interventions at certain thresholds.
Ideally, an effective approach to predictive maintenance combines these methods with factors such as work cycle and load. The goal is to eliminate unnecessary maintenance, not just to reduce costs, but also because many maintenance activities can risk damaging the machine, affecting uptime.
Changes made to assets over time can be recorded in an ‘as-maintained’ archive. Naturally, even with optimal maintenance, assets will degrade and the cycle will begin anew. However, with an EAM solution, design and engineering teams can start their work with complete visibility into the maintenance and usage data of the previous asset. This allows them to learn from the experience of using that asset and to improve the operation of the new one.
The goal is to integrate EAM and ERP data with performance information from equipment, collected directly from machines or through supervisory control and data acquisition systems. This is used to determine how to maximize a machine’s output. In this context, EAM data can also be employed to monitor and record downtimes, which can be noted manually or captured automatically via IoT. In some cases, operational factors in the ERP also play a crucial role, including data on available inventory or raw materials.
EAM System: Features and Characteristics
Asset Lifecycle Management
Optimize operations, maintenance and asset performance to reduce costs and realize operational efficiency
Aviation Maintenance
IFS Maintenix and IFS Cloud offer aviation maintenance management to ensure asset availability and ongoing quality, and to provide the tools needed to achieve long-term performance goals.
Asset and Fleet Management
Maximize life and asset utilization with the capabilities of our fleet management software
Maintenance, Repair and Overhaul (MRO)
Reduce overall Turnaround Time (TAT) without sacrificing compliance, regulatory requirements or safety standards with MRO software
Maintenance and HSE (Health, Safety & Environment)
Improve maintenance, security, and team collaboration with unprecedented time to value. More than 2,000 customers in the manufacturing, logistics and healthcare sectors have already experienced the benefits for maintenance and HSE.
Medical Technology Maintenance
Manage risk & maintenance classifications and execute the maintenance of your medical devices effectively.
This could help you to keep the preventive-to-corrective maintenance ratio – an important KPI – above 75%. This would mean that for every three preventive maintenance tasks a maintenance team performs, it is only doing one corrective task.
As a starting point, you might be using calendar-based maintenance – performing maintenance at given intervals. If you have access to diagnostic data, you can progress to condition-based maintenance – using values like temperature, vibration, pressure to trigger maintenance at certain thresholds. Ultimately, a sound approach to predictive maintenance combines condition-based maintenance with, for example, duty cycle and load factors. The goal is to eliminate unnecessary maintenance – not only to reduce cost but because many maintenance activities bring some risk of damaging the machine, which influences uptime.
As changes are made to the asset over time, these can be included in an «as-maintained» record. Of course, at some point, despite optimal maintenance, the asset will degrade, and the cycle will begin anew. But thanks to EAM, the planning and engineering team can begin their work with full visibility into maintenance and usage data from the previous asset – allowing them to learn from the experience of operating that asset, to improve the running of the new one.
The idea is to combine EAM data and ERP data with equipment performance data, collected either from individual machines or a supervisory control and data acquisition system – to determine how to maximize the output of a machine. 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. In some cases, operational factors in ERP play a role too, including data about available inventory or raw materials.
EAM Solutions for your Industry
Aerospace and Defense Sector
IFS Cloud provides continuous availability of critical assets for commercial aviation, defense and industrial manufacturers
Energy, Utilities and Resources
IFS Cloud addresses the unique and complex needs of energy and utilities companies
Construction and Engineering
IFS Cloud was designed to support the entire project and asset lifecycle for engineering construction and infrastructure
Manufacturing
IFS Cloud is designed to meet the needs of all types of manufacturing companies.