Software maintenance and support is the process of upgrading, modifying, and enhancing software to meet the demands of customers. After a product has been developed and delivered to the customer, software maintenance and support services are carried out for a variety of purposes, such as to optimise the programme generally, to fix problems or bugs, to improve performance, and more.
Business process re-engineering, commonly known as BPR, is one of the most effective business management strategies. It includes making all the required changes to the existing core processes so that they fit the newly defined goals of the business.
If an organisation wants to maximise its company’s success and minimise the risks associated with assets, it needs to develop an asset management strategy that its business and employees can follow. Strategic asset management solutions give organisations the answer to important questions related to the whereabouts of their assets.
Whether it is repair or maintenance, there is no denying the fact that expenses related to facility maintenance and management are a consistent and significant part of an organisation’s budget. However, there are several well-placed strategies that can assist facility managers in reducing the involved costs, while also streamlining the processes of facility management.
Condition-based maintenance is a predictive maintenance strategy in which several different aspects of an active asset are observed and measured over time. This helps in identifying any potential issue that may lead to an asset failure. Other than this, CBM also helps in extending the useful life of all the assets involved in the business.
Organising internal audits to check the efficiency of a CMMS system can help organisations identify the
software’s strengths and weaknesses and determine ways to improve upon them. Audits can also help
ensure seamless implementation of the CMMS software, so an organisation can realise the full potential
of the software solution.
Like every other business, those in the oil and gas industry also need an effective asset management strategy in place. By using comprehensive software, a business can not only achieve greater asset visibility but also ensure that each asset is utilised to its full potential throughout its lifecycle.
Whether expanding to many locations or implementing asset maintenance management software across multiple locations after a successful pilot, scaling your CMMS properly is crucial for optimised operations and efficiency. Frequently, adjustments regarding how one site runs in comparison to another are required across the business to ensure proper software implementation.
Asset management software can be used to efficiently manage assets. Asset management software can significantly improve the performance of an asset and help in cutting costs and allocating resources for better results.
Asset performance management is an important part of asset management as it enables organisations to harness the best benefits of their assets by ensuring operational efficiency. Apart from proper maintenance management, real-time health insights are also a crucial element of asset performance management.
Often overlooked as an area that can be optimised, work order management is vital for ensuring smooth operations. Adding to it, the capabilities and convenience that come with using mobile apps for work order management can make your operations even more streamlined and productive.
CMMS is the perfect software solution that can help organisations automate and streamline all of their maintenance tasks, offering easy access to all important maintenance information, like preventive maintenance schedules, work orders, etc. The right CMMS software can help improve the overall efficiency of an organisation.
Technology plays a crucial role today in how organisations manage their facilities. CAFM has proven to be an effective tool when it comes to managing numerous assets. It can be used to manage the assets, track their performance, and even detect patterns to help predict future outcomes.
Enterprise Asset Management is the process of keeping track of all the assets owned by a business, throughout its lifecycle. It is an important aspect for every business as proper enterprise asset management can help reduce operational costs and maximise productivity.
Whether an organisation is tracking their construction equipment or raw materials on the floor, having the best asset tracking software that can help you prevent unnecessary downtime and increase the overall efficiency.
Asset management is the process of monitoring and managing a company’s assets throughout its lifecycle in a cost-effective manner. It is an essential business process that helps an organisation keep track of all its assets and maximise their utilisation
The efficient tracking and lifecycle management of each and every asset owned by a business is crucial for the efficiency and long-term success of the organisation. Improper asset management and tracking can lead to several issues like unexpected downtime
All types of assets, whether they are machinery or equipment, undergo wear and tear with time and require regular maintenance to ensure they stay in good running condition.
An effective EAM or enterprise asset management system is key to improving maintenance efficiency for any asset-intensive organisation. It offers a number of benefits with features that can help you improve your maintenance strategies and boost productivity and profits while reducing downtime significantly.
Asset tracking software helps business owners and asset managers track their company’s assets effortlessly. This helps managers stay informed about the locations, running condition, status, maintenance schedules, etc. of assets, which in turn ensures smooth operations. However, for all these benefits, and more, it is important to choose the right asset tracking software for your organisation.
From helping businesses gather data to get real-time information on the assets, the Internet of Things or IoT is extremely beneficial for fleet asset management. The IoT technology can be incorporated in various sectors, starting from agriculture to logistics, and many others. Read this blog to know all about the Internet of Things and its benefits in asset management.
Computerized Maintenance Management Systems are many a time used interchangeably with Enterprise Asset Management system, which are two different solutions. While CMMS and EAM systems do include similarities, they are fundamentally designed to be different from one another, to focus on different functionalities.
Asset management is a comprehensive strategy to maximise the life cycle of your assets, from conception to use, decommissioning and disposal. You may put measures in place to reduce the consequences of these five major risks to successful asset management by identifying and paying attention to them. It's also worth noting that genuine asset management excellence isn't just about avoiding the pitfalls; it's about turning each and every one of these chances to fail into an opportunity to succeed.
An EAM system provides several benefits to a company, particularly those that deploy a large number of assets. Furthermore, did you know that EAM software can help businesses get organised? EAM has shown to be quite effective in enterprises for optimising. It is expected to grow in power in the future.
Mainstream Conference 2021 drew interesting discussions on the latest trends and insights on Enterprise Asset Management (EAM) along with Industry 4.0 and ways to build an effective business case for Asset Management Improvement. It was a three days affair full of amazing content, networking, knowledge-sharing, and fun.
To help business managers maintain and manage their business assets in a simpler and convenient manner, asset management consultants are offering management software that comes with many advanced features and benefits. Read this blog to know the top 5 reasons why companies should opt for asset management software.
Fleet asset management has become increasingly digitised thanks to the continued evolution of fleet management software, mobile applications, and a deeper level of system integration. It helps monitor and manage all the information regarding the organisation’s fleet smartly to ensure high profits. Read on to find out more.
Monitor and control remote assets, optimise their quality and performance, allow/restrict control, and much more, all with the help of an effective enterprise asset management (EAM)system. The combination of software, system, and services offered by an EAM can help increase productive uptime and reduce operational costs.
An easy way of ensuring that business assets function properly and that they are maintained efficiently, asset tracking software has become essential for every business. This blog focuses on the key benefits of asset tracking software that can help in business growth.
An Enterprise Asset Management System automatically tracks asset downtime and gives you a better sense of what that downtime might cost to your organisation, making it an absolute important investment for your business. But how is an EAM system implemented in an organisation? Read this blog to find out more.
Organizations often prefer implementing an effective asset maintenance management system to streamline their operations with more efficiency. However, this is just one of the numerous benefits it brings along. We are barely scratching the surface when it comes to understanding the advantages and disadvantages of asset management.
Assets are an important part of any business operation and streamlining them is necessary. With asset management and tracking software available nowadays; long gone are the times when asset managers and employees had to track everything manually. This blog focuses on what tracking software is and how it is beneficial for an organisation.
Computerized Maintenance Management System (CMMS) offers asset maintenance management to organisations to actively track and manage assets across multiple business locations, allowing maintenance managers to access relevant information easily. Read on to find out more.
Building management software systems are the easiest ways of ensuring smoother operations in your real estate projects. They are designed with several features and benefits that make things easier for you. Read to know what is meant by building management software and tips to selecting the best one of the lot.
With an asset management system in place, an enterprise can have total control and monitoring capabilities over the lifecycles of all its assets. In the long run, it can help enterprises minimise the total cost of acquiring, operating, and maintaining assets.
The Computerized Maintenance Management System helps organizations streamline their maintenance operations in a bid to increase profits and minimize losses. But why is it important to get one at the time of an economic recession? Read this blog to find out and to learn about the various advantages that CMMS offers.
The CAFM system is one of the most efficient ways to handle an organisation’s facility management. However, this is subject to selecting the right CAFM that can seamlessly meet your requirements. Facility managers need to carefully consider some crucial factors to make the best decision.
The applications of the Internet of Things (IoT) has helped industries in many ways. With benefits like enhanced overall efficiency, easier maintenance, and so on, the implementation of IoT can be seen in various industries today. Read this blog to know more about how IoT trends are changing asset management and maintenance.
Asset management and maintenance are among the most important aspects of any business. Today, with the availability of asset management software systems, it has become easier for businesses to keep a track of their assets. Read on to know why automating asset lifecycle management can be beneficial for your business.
Facility management software is a tool that aids organisations in managing their building, occupants, and spaces more effectively and efficiently. There are different types of software available, such as CMMS and CAFM from which the most suitable one can be chosen.
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The most common types of facilities management software available today include the EAM, CMMS, CAFM, and IWMS. Each software has different features that one can consider when choosing the right facilities management software.
Having dedicated asset management software in place can help you combat various challenges while helping simplify business processes. With numerous benefits to its name, asset tracking software offers a comprehensive solution for your business assets.
A well-developed asset management system is the key to getting value from organisational operations. It helps the organization function smoothly as it relies on the software being used, whether through on-premises installation or with a cloud storage subscription. All this makes it crucial to put in the due diligence when selecting asset management tools.
A software system that helps facility managers and business owners organise and manage their business operations, keep a track of assets, and so on, computer-aided facility management is one of the fastest emerging areas in information technology. Read this blog to know more about CAFM and its role in the growth of businesses.
An asset management software can help reduce costs for a company in multiple ways. From reducing the costs that arise due to various reasons ranging from replacement of equipment/unexpected repairs to automatic data collection, it can serve as an effective method to cut costs.
An asset maintenance management plan can help you avoid downtime and ensure a smooth operation for your fleet. Fortunately, automating workflows and ensuring collaboration has become very easy these days with the abundance of asset management services and tools available in the market.
The computer-aided facility management (CAFM) software helps your organisation take facilities management to the next level. Its key features include maintenance management, vendor management, asset management, energy performance analysis, and much more.
Asset life cycle management helps businesses keep track of the usage, maintenance, and so on, of their assets. It also helps in optimising the profit that is generated by the assets, ensuring that your business runs smoothly. Read this blog to know more about asset life cycle management and the key stages involved in it.
With advancements like IoT enabled solutions and fleet asset management taking over vehicle technology and communication systems all over the world, businesses have been able to improve journey time reliability, becoming indispensable business assets in today’s times.
While related, both CAFM and CMMS software offer unique capabilities. CAFM supports automated facility and real estate management. The CMMS software, on the other hand, is a component of CAFM software which is wholly focussed on maintenance.
Asset management software offers several useful capabilities and functionalities that can help an organisation improve its productivity and reduce operational costs. Read on to find out more about the best advantages of using asset management software.
It is important to know about the impact of CMMS to see if you are achieving your goals and to know where improvement is required. One can use KPIs or Key Performance Indicators to determine the success of their CMMS. There are also various other ways in which one can assess the impact of CMMS as well.
Computer-Aided Facility Management is an information technology backed software that supports facility and asset management. It allows business owners to transfer important logistical operations to digital space in a much easier way. This blog focuses on the benefits that the Computer-Aided Facility Management software offers with respect to cost-efficiency.
Asset management is very important for any organisation. It ensures enhanced efficiency and productivity. However, it is equally important to implement the right cost-effective strategies for the same, so the organisation can get the maximum benefits of asset management.
Computer-aided facility management, popularly known as CAFM, is a software that ensures that an excellent working condition of a building can be maintained, while also keeping the occupants of the building comfortable. Among the various capabilities offered by the software, it can also help you keep a check on whether the space of a building is being utilised in the best possible way. Computer-aided facility management is a feature-loaded and powerful software that can help in the management of a fast-paced environment of a workplace.
CMMS is an emerging solution that is considered to be the next big thing when it comes to business maintenance management. It provides many advantages over Excel and extends the maintenance management functionalities.
The development of asset tracking and management software has helped businesses streamline their assets more effectively. In addition to this, they have also allowed for better productivity and efficiency of the workforce. Read on to know more about the factors that one must consider while selecting tracking software for their business.
Asset management in the transportation industry is all about strategically operating, maintaining, and expanding your physical assets in an effective manner throughout their life cycle. Over time, numerous systems for asset management from the private sector have been derived and adopted by the transportation industry. However, the distinguishing feature of asset management in transportation is that it is more focused on the assets, their condition, and their performance. Of these, asset tracking plays a pivotal role.
Every organisation has hundreds of assets involved in its work processes. Managing each and every asset manually is a quite hectic and time-consuming task. Therefore, you need a system that is designed to simplify the maintenance processes. A perfect example of this would be the Computerised Maintenance Management System (CMMS), which is designed to assist managers and supervisors in achieving better asset management with ease.
Computer-Aided Facility Management (CAFM) has undergone major developments in terms of functionality and technology. It aims to increase the efficiency of organisational processes by integrating different facility management (FM) processes within one single solution using CAFM software. While many organisations are still using other point solutions or have developed in-house tools for specific processes, there is a clear trend showcasing the popularity of the CAFM software.
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Organizations acquire a broad range of assets to increases business income and brand value. But there are a lot of problems associated with asset tracking that brings down the productivity of an organisation.
This software aids in tracking the movement of assets (such as software, devices, IT equipment, etc.) in the organisation. With asset tracking software, you’re also able to manage your asset’s lifecycle.
An EAM or Enterprise Asset Management system offers several benefits when it is implemented effectively in the workplace. Many sectors are utilizing this system amongst which we have mining sectors, manufacturing, ports, facilities, fleet, terminals and other utility industries. But only after successful implementation and management will EAM boost the productivity and profitability of any business.
With more and more management systems coming up, the efficiency graph has gone up to a great extent. One such technology that has helped in ensuring workforce proficiency is the Computerised Maintenance Management System. It is a software package that allows for the maintenance of operational information, assets, and other important factors that surround a business.
With the availability of asset management services, it has become quite convenient for both small-scale and large-scale businesses to manage and keep their assets in an organised and efficient manner. Having such a system can also help in keeping track of the assets, thereby increasing your productivity. This blog shall focus on the benefits that an asset tracking and management system offers.
There are a number of steps that can be taken to ensure the successful implementation of EAM. This includes carefully defining the expectations and requirements of an asset management software, installation and testing of the relevant software before the EAM goes live, EAM staff training, and much more.
Of the numerous software and applications available in the market today for organisations, the CMMS is one of the more popular ones. It offers several benefits for the management of an organisation, which in turn works to improve efficiency and reduce overall costs.
Whether it is a large or small business - asset management is an integral part of it. And thanks to the various asset management tools, even small businesses can now conveniently keep track of their business valuables without having a second thought. Read on to know about the benefits that these tools extend to small businesses.
There are numerous ways in which an enterprise asset management system benefits your organisation. It not only gives the senior management greater control over the productivity of the business assets but also helps to track performance, risk, and expenditure in a more effective manner.
A Computerized Maintenance Management System can help improve the efficiency of maintenance operations for assets and equipment in an organization, thereby improving the overall performance as well.
An asset management system offers a number of advantages to organisations, and one of its most important features is the ability to track your assets. Before the advancement of business technology, businesses used to track their assets with manual logbooks, leaving behind hard to manage paper trails. However, today, there are several asset tracking software available that have made the task much easier than ever before.
Asset management is a system that assists companies in keeping track of an asset like vehicles, investments, and equipment. It is the process which involves the development, operation, maintenance, and selling of assets in a cost-effective way.
The process of fleet management is used by most business owners today to maintain the vehicles that are being used in daily operations. Effective management of the fleet is extremely crucial for that purpose. After all, the cost of the fleet is directly or indirectly related to the expense of their business.
In the present era of modernisation and globalisation where businesses are transcending borders to maximise profits, there is a dire need to implement asset management systems in order to optimise productivity and yield better results.
Great businesses grow with the right practices. That is why it is very important to have complete clarity about your assets to run the organization smoothly. One of the best ways to do this is to introduce and then look at the working of the asset management system used for your organization. This will help you in monitoring and tracking all the assets that help in boosting productivity within an organization.
The world has seen a lot of technological advancements in recent years which have made life easier for everyone. On the transportation front, one such advancement that’s of note is Intelligent Transportation Systems.
An asset is wealth that a company owns. Asset management is quite important as it helps a company monitor as well as manage their assets with a systematic approach. In a transportation business, motorbikes, taxis, shuttle buses, aircrafts, ships, and other transportation equipment come under valuable assets...
The Internet of Things or IoT basically connects everyday objects, environments and processes to the internet. Businesses all over are harnessing IoT to make their everyday objects smart and to facilitate the automation and digitalisation of industrial processes...
Irrespective of the business you run and no matter how much or what your assets are, managing them properly is always necessary. It is important to keep a check on your assets because that’s how you grow and get a better outcome in terms of profit. Irrespective of your business having more tangible...
Asset management is of utmost importance, and with it, is the understanding of the challenges that you will or might have to face. It is only after this, that you will be able to employ the best strategies or a system of asset management which can then make a real difference in regards to operational efficiency and cost...
Companies like transport agencies, shipping and delivery services, utility companies, public transportation organisations, and more rely a lot on their fleet of vehicles to ensure the smooth functioning of their daily operations. In fact, fleet-related costs are some of the biggest for an organisation...
Are you aware of your assets? How they are managed and how much output do they produce? It has become very important for everyone to know how their assets are being utilized and if you are having a big firm where there are multiple assets to address; you will have to keep a track on their work allotment, usage time, idle time, and rest of the things...
Many companies that depend heavily on their vehicle fleet for business, such as food distributors, utility companies, public transportation organizations, transport agencies, shipping and delivery services, to name a few...
Having an asset management system is a crucial part of any business - it is a track of the entire or a part of your business portfolio or your client’s portfolio. Essentially, an asset management system helps keep an eye on how the assets are being kept and operated...
Asset Management is the process that an organization follows to track the inventory or equipment on a daily basis. There are a lot of ways by which an organization can do this and one of the most effective and efficient ways is by employing asset management software...
GartnerMagic Quadrant for EST Software
Check out the new 2017 Gartner Report and see why IBM has been named a leader in Gartner Magic Quadrant for Enterprise Asset Management Software.
