What is an EAMS?
An EAMS (Enterprise Asset Management System) is a platform used for the comprehensive management of an organization’s assets. This system is responsible for optimizing asset utilization and maintenance, as well as managing their entire life cycle. Below are some of the main features of an EAMS: Key Features of an EAMS Asset Life Cycle...
Predictive Precision: How Condition Monitoring is Transforming Maintenance Strategies in Industry 4.0
Decoding Industry 4.0: The Rise of Condition Monitoring The Fourth Industrial Revolution—Industry 4.0—is defined by the integration of digital technologies into industrial processes, reshaping the asset management landscape. This integration has opened up new opportunities for organizations to boost efficiency and productivity. As a result,...
Five Facts Every CFO Should Know About Asset Management
The relationship between a company’s long-term financial plan and its strategic plan is generally well understood. But what about its relationship with the long-term asset management plan—and more importantly, does your company even have one? Asset management and a company’s performance are intrinsically linked. In this article, we highlight five...
Boost Efficiency and Save Millions | Combine Your Facilities and Asset Management Functions
Are you a manufacturing company struggling to contain production and maintenance costs for your physical assets such as buildings and equipment? In challenging economic conditions, such organizations are often under pressure to reduce costs to meet their bottom line. Traditionally, asset management and facilities management are handled...
Proactive Enterprise Asset Management | Unlocking Human Potential to Improve Asset Performance
An opinion piece by Kolosa Madikizela, Director of Enterprise Asset Management at Pragma Proactive enterprise asset management is about more than just infrastructure and equipment. As human capital, we drive the cultural values and behaviors necessary to implement maintenance strategies and perform the activities required for optimal asset...
Future Trends in Asset Management
As the global economy continues to adapt to the complex effects of the Covid-19 pandemic and the war in Ukraine, Enterprise Asset Management (EAM) professionals need to figure out how to keep assets productive and safe in a disrupted world. Hybrid working models and the digitisation of maintenance management processes are evolving, and new trends...
