The Evolution of EAM: From a Preventive Maintenance to a Reliability Strategy

Guest post by Sylvelie Franke, Director Marketing, Strategic Solutions, Infor EAM

Asset management has been around for decades and is now considered a mature industry. But, that’s all changing with the evolution—transition, if you like—of the technology and the inclusion of energy, automation, and business intelligence (BI) to really have an impact on your operational, financial, and energy efficiency performance.

Infor’s John Murphy, director of Solutions Management, sat down with the editor from Manufacturing Business Technology in this interview to discuss the latest tools, technologies, and strategies that companies are implementing to get a holistic view of all of their assets and how they’re using this real-time information to manage their assets more efficiently.

“More and more of our customers are moving toward incorporating advanced reliability and risk management techniques,” said Murphy. “They are trying to make better use of real-time information, including energy usage, to help them understand the health and financial performance of equipment. Turning the wealth of real-time information into intelligence is not easy, but when done right provides companies with an accurate perspective on when the equipment performance is starting to degrade, so that they can respond at the right time.”

John also touches on asset management in the cloud, reliability, and mobile technology, and where maintenance management practices are heading in the future.

Read the entire article, “QA: The Latest Asset Management Strategies And Tools,” (Manufacturing Business Technology).