10 Top EAM Tools To Try for Efficient Management of Assets
As businesses grow and their operations expand, managing assets efficiently becomes crucial. Enterprise asset management (EAM) software simplifies the process. With many options available, selecting the right tool for your organization can be challenging.
What Is Enterprise Asset Management Software?
EAM software provides businesses with tools to manage physical assets such as equipment, machinery, and facilities. These tools offer functions like tracking, maintenance, performance monitoring, and lifecycle management. Implementing the best enterprise asset management software helps organizations improve efficiency, reduce costs, and extend asset lifespan.
Why Choosing the Right EAM Software Matters
The complexity of managing assets can increase as organizations expand, especially across multiple locations. Choosing the right EAM solution ensures that assets remain productive, maintenance is optimized, and risks are mitigated.
1. Accruent Maintenance Connection
Accruent Maintenance Connection stands out for its ability to support multisite management with real-time asset tracking. Although it is traditionally a computerized maintenance management system (CMMS), it offers features commonly found in enterprise asset management software. The platform provides mobile capabilities, preventative maintenance, and work order management, making it a versatile option for businesses of various sizes.
Key Features:
- Mobile asset tracking
- Multisite asset management
- Preventative maintenance and scheduling
Accruent Maintenance Connection proves to be one of the more flexible options on this enterprise asset management software list, especially for companies looking to consolidate their maintenance and asset management into one tool.
2. Fiix
Fiix blurs the line between CMMS and EAM, offering a cloud-based platform that consolidates asset management across locations. The software’s comprehensive asset management module allows users to organize assets, track inventory, and schedule tasks in real time.
Key Features:
- Real-time asset tracking
- Integration through a network of APIs
- Comprehensive dashboard for asset management
Fiix provides a robust solution for companies looking to streamline asset management, especially across large and complex supply chains. Its integration options make it an attractive choice for businesses needing flexibility in their EAM software.
3. IBM Maximo Application Suite
IBM Maximo, with over 30 years in the industry, offers a customizable suite of tools that cater to different enterprise needs. Its wide range of applications, such as Maximo Mobile and Maximo Health Safety and Environment, ensures that asset management can be tailored to meet specific industry requirements.
Key Features:
- Customizable modules (mobile, health, safety)
- Strong mobile support for field workers
- Over three decades of industry experience
IBM Maximo’s versatility and history make it a reliable option among the top EAM solutions, especially for large enterprises with specialized asset management needs.
4. IFS Ultimo
IFS Ultimo provides an out-of-the-box solution with a unified data model, offering real-time updates on asset status. It comes with additional fleet management tools and remote equipment tracking, making it a robust choice for businesses managing both stationary and mobile assets.
Key Features:
- Real-time asset monitoring
- Fleet management capabilities
- Remote tracking via mobile devices
IFS Ultimo caters to a wide range of industries, providing solutions for businesses of all sizes with its tiered plans. This flexibility makes it one of the top EAM software options on the market.
5. Limble
Limble offers asset maintenance management designed to help small and medium-sized businesses automate and streamline their asset management processes. Its user-friendly interface and customizable dashboards make it easy to track asset performance and manage preventive maintenance.
Key Features:
- Customizable asset performance dashboards
- User-friendly for small and midsize businesses
- Automation for asset management processes
For businesses seeking a simple, affordable EAM solution without compromising on essential features, Limble ranks high in this enterprise asset management software comparison.
6. MaintainX
MaintainX takes a mobile-first approach, designed specifically for industrial and frontline workers. With IoT-enabled tools and mobile app integration, MaintainX allows users to track asset performance, create work orders, and access maintenance records on the go.
Key Features:
- IoT-enabled asset tracking
- Mobile app for field workers
- Focused on optimizing asset uptime
MaintainX is an excellent choice for businesses that need an EAM tool optimized for mobile use, making it a strong contender on this enterprise asset management software list.
7. SAP EAM
SAP EAM offers a wide array of tools under its SAP Asset Performance Management suite. From cloud-based asset monitoring to mobile work order management, SAP’s tools provide a comprehensive platform for companies already invested in SAP’s ecosystem.
Key Features:
- Cloud-based asset monitoring
- Integration with SAP’s existing supply chain tools
- Customizable asset performance strategies
For businesses using SAP infrastructure, SAP EAM provides seamless integration, offering a top-tier solution for asset management.
8. UpKeep
UpKeep is designed to consolidate multiple asset management functions into one platform, including facility, inventory, and maintenance management. Its real-time monitoring and mobile compatibility make it suitable for companies with dispersed teams and assets.
Key Features:
- Real-time asset monitoring
- Integrated facility and maintenance management
- Mobile-friendly for remote teams
UpKeep offers a comprehensive approach to asset management, making it one of the best enterprise asset management software options for companies with diverse and distributed asset environments.
9. Infor EAM
Infor EAM provides advanced asset tracking and lifecycle management features with a focus on scalability. Its AI-driven analytics help businesses predict equipment failures, allowing for proactive maintenance.
Key Features:
- AI-driven predictive maintenance
- Scalable for businesses of all sizes
- Extensive lifecycle management tools
Infor EAM’s advanced technology places it among the top EAM software solutions, especially for businesses looking to leverage AI for smarter asset management.
10. Oracle EAM
Oracle EAM offers a suite of asset management tools that integrate with Oracle’s broader enterprise resource planning (ERP) systems. It’s real-time monitoring, combined with predictive maintenance features, helps businesses minimize downtime and maximize asset productivity.
Key Features:
- Integration with Oracle ERP systems
- Predictive maintenance tools
- Real-time asset monitoring
Oracle EAM stands out as a comprehensive solution for businesses already utilizing Oracle’s ERP systems, ensuring seamless integration and enhanced asset management capabilities.
Smart Choices for Better Asset Management
Selecting the right enterprise asset management software requires considering your company’s specific needs, size, and existing systems. With the right EAM solution in place, businesses can optimize asset performance, streamline maintenance, and extend the lifespan of critical equipment, ensuring smarter asset management across the board.
