EAM is used to plan, optimize, execute, and track the needed maintenance activities with the associated priorities, skills, materials, tools, and information.
[1] This covers the design, construction, commissioning, operations, maintenance and decommissioning or replacement of plant, equipment and facilities.
The lifecycle management of the high value physical assets require regressive planning and execution of the work.
EAM solutions are used in the industries for managing asset portfolios and operational efficiency.
They are recognized for their role in enhancing asset utilization and reducing costs, with a focus on compliance with regulatory guidelines, and meeting consumer/clients’ needs.