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Enterprise Asset Management: Improve Your Bottom Line Through Clean and Standardized Master Data

Enterprise Asset Management: Improve Your Bottom Line Through Clean and Standardized Master Data

Enterprise asset management (EAM) is a strategy to provide an optimal approach for the management of the physical assets of an organization to maximize value. EAM has evolved from paper-based systems to computerized maintenance management systems (CMMS). It covers items such as the design, construction, commissioning, operations, maintenance and decommissioning/replacement of equipment and facilities. Enterprise refers to the management of the assets across departments, locations, facilities and, in some cases, business units.

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