Sellers of enterprise asset management software abound. Yet as many EAM software vendors as we find in our online travels, we soon learn that the number of enterprise asset management solutions is even greater. This is because many companies carry an entire line of EAM products. And that's good news for the enterprising entrepreneur, because it means that many more options are available for meeting the precise needs of your business. It also means that, with some careful investigation, you can find the right one for you.
The enterprise asset management solution you choose will be based upon many factors, and you can be sure that each of those factors will be addressed by one or more asset management products. You'll need to consider such things as the size of your organization, your industry, the type of business you run, your specific IT setup and the functions you want to integrate with your EAM software--to name a few. Here are some great things the right enterprise asset management software can provide for your company:
1. Increased productivity
2. Optimized use of company assets
3. Greater efficiency
4. Better service to your customers
5. Increased revenue and decreased costs through the right enterprise asset management software solution.
Action Steps
The best contacts and resources to help you get it done
Investigate various enterprise asset management systems to learn what features they offer
Not all asset management software is equal. Different products offer a variety of different features. A survey of some available products will go a long way toward helping you determine exactly which features would best address your own company's needs.
I recommend: Manage Engine offers its Asset Explorer software,
Net Simplicity offers Visual Asset Manager and
Avantis features an enterprise asset management solution line for companies of different sizes and varied needs.
Infor also offers a selection of EAM software products to address different business needs.
Look at EAM software specially designed for your industry
Some companies specialize in single-industry EAM software solutions, while others offer multiple applications, each of which is aimed at a different industry. Investigate these to see whether they might not offer more specialized tools than the more general enterprise asset management systems.
I recommend: IQMS offers its Enterprise IQ line of enterprise asset management software, providing software solutions that are geared toward specific industries. While
QAD focuses exclusively on manufacturing, it offers inventory asset management and other EAM software designed for a number of different industries.
Know whether your EAM software must function with multiple operating systems and mixed platforms
Some companies offer multiple asset management features, functions and modules that can be integrated with IT systems currently being utilized throughout your organization, using multiple operating systems and mixed platforms. Others provide a single-platform solution for greater efficiency.
I recommend: TMA Systems TMA Enterprise software features "the ability to operate under multiple operating systems that share data transparently on mixed platforms." The software also comes in web-based or desktop versions.
IBM, on the other hand, offers a line of Maximo asset management modules which are "built on a single software platform" to help you manage all your asset types more effectively.
Browse asset management systems comparison websites to see how competing products stack up
A number of websites offer one-stop information shopping for a wide range of available asset management software. Take advantage of these to compare features, view demos and get an overall picture of what each product has to offer your company.
I recommend: Bitpipe,
The Software Network,
Capterra and
Managing Automation offer comprehensive descriptions of enterprise asset management software, along with other helpful features, such as links to further info, demos and vendor websites.
Tips & Tactics
Helpful advice for making the most of this Guide
- Take the time to inventory asset management programs of various types. The time you spend comparing features and matching them to your company's needs will be well worth it. Be sure to take advantage of product demos, tours and free trials to help make your decision easier.
The official source of Enterprise Asset Management Software is
the Enterprise Asset Management Software page at Business.com
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