Technology has turned the world on its side; and for the most part, this has been a good thing. However, a problem that arises from the ongoing changes associated with these advancements is the need to adapt. A growing number of businesses across all industry and service sectors are finding that it’s not just a matter of keeping pace with evolving technological changes. For them, it’s also keeping up with changing industry trends and economic demands; and at the same time, having to remain cognizant of profit margins and returns on investments (ROI). It is for these reasons, companies are increasingly choosing to incorporate an automated facility management software into their operations. But making the shift is not that easy, as this too comes with its own set of problems. On the top of the list is determining which type of product is best suited to a company.
If a company is large with a maintenance staff of more than 100 technicians, then the appropriate choice may be an EAM software. When trying to determine which automated system is the right fit for your company, a good starting point is to first identify company needs. To do this, it would be wise to assess your company’s business objectives and then perform a needs analysis. The results will likely point you in the right direction.
For those who have begun to explore the world of automated facility maintenance management, the task may seem a bit daunting; not just because of the number of vendors out there, but also because of the different formats available. To simplify the process, it is best to start by becoming aware of the two basic system categories; similar in a number of ways but also different in the way they fulfill company objectives.
Enterprise Asset Management (EAM) software provides comprehensive management of the physical assets of an organization including buildings, installations, infrastructure and real estate assets. It is an all-encompassing system that covers the design, construction, commissioning, operations, maintenance, replacement, and demolishment of all assets, equipment and facilities. The systems also manage all related documentation, processes, operating models, management, economics, and any other workable aspects of assets. The purpose of EAM software is to identify the location of assets within space and who is utilizing them as well as evaluate their financial impact. While EAMs include a maintenance component, the systems operate more holistically with the objective of optimizing how each asset is used within the greater context of the total facility operations.
Computerized Maintenance Management Software systems are highly sophisticated and robust systems that utilize thousands of data points that at any given time can provide a user with an overview of a facility’s operation or alternatively, the status of an individual piece of equipment. These systems have the ability to monitor inventory levels, track work orders, quickly generate accurate reports, and instantly determine which of their assets required preventive maintenance (PM). These systems are geared toward extending the lifespan of assets and improving operations efficiency by reducing equipment downtime, resource utilization and supply costs.