EAM - Enterprise Asset Management - EAM CMMS

EAM - Enerprise Asset Management

VIZIYA unanimously chosed by 30 person selection committee" ~ Chevron

"Excellent! - The WorkAlign Scheduler from Viziya has allowed us to schedule the work we have in Oracle much more efficiently" ~ Barrick Gold

"It is a true bolt on with out-of-the-box functionality and a very small footprint. This allowed us to have a rapid and succesfful implementation that required no core changes to Oracle and minimal testing. All of this, along with the excellent response from Viziya support and development, has us looking forward to the next plant implementation." ~ Aleris

At VIZIYA we get it. We give you the functionality you need, wrapped up in a product that is easy to implement. We're the best alternative - We give you all of the functionality of a traditional best-of-breed application, and we give it to you tightly coupled to your organization's ERP system.

With our many years of experience working with Best of Breed applications, we have the proven methodologies and tools that will make you ERP asset management investment a success.

We believe that there are several categories of customers that we are ideally suited to assist with our capabilities:

Existing Oracle eAM or SAP PM users who are looking to gain greater value and ROI from their investment either through optimization or filling functional gaps;
Existing Oracle and/or SAP ERP customers using a third party Best of Breed solution and who are looking to consolidate their EAM functionality back to the primary ERP solution;
Existing Oracle and/or SAP ERP customers who do not have a solution, presently, for their EAM needs and are hoping to take advantage of their primary ERP’s EAM functionality;

Organizations who have Asset Management as a key business driver and are attempting to decide whether an ERP solution can meet these needs and, if so, then how. Alternatively, whether they need to consider an integrated third party Best of Breed solution.

To assist these categories of customers VIZIYA offers the following services:

Add-On Application Development
Oracle eAM
SAP PM
Data Migration Services
FROM: Maximo Avantis Datastream
TO: Oracle eAM SAP PM Integration Services
Oracle eAM
SAP PM
Implementation Consulting
Oracle eAM
SAP PM
Reports Development (OBI EE, Actuate, Crystal)

Viziya has a proven track record of delivering ERP Solutions with outstanding results for leading enterprises in many industries.

Viziya maintenance management provides maintenance management system and maintenance software solutions.

What is enterprise asset management ( EAM ) ?

In capital-intensive industries such as utilities, process/discrete manufacturing, healthcare as well as real estate, physical assets (buildings, infrastructure and equipment) form a significant proportion of the total assets of the organization. These industries face the harsh realities of operating in highly competitive markets and dealing with high value assets and equipment where each failure is disruptive and costly. At the same time, they must also adhere to stringent occupational and environmental safety regulations.

It is thus important for organizations to maximize the return on investment from their asset base. Life Cycle Asset Management (LCAM) and EAM are paradigms employed to achieve that goal. Given a physical asset, the objective of LCAM is to extract maximum productivity from the asset and minimize the total costs involved in its acquisition, operations as well as maintenance. Quantitatively, the objective of asset management is to strike an optimal balance between maximizing Overall Asset Productivity (OAP) and minimizing Total Cost of Ownership (TCO). Furthermore, LCAM provides guidance on whether it is more cost-effective to continue to maintain, overhaul or replace a failing asset.

When the entire asset portfolio of the organization is considered, EAM takes over. As business and market requirements are dynamic, the output specifications for the organization’s assets change constantly (e.g., increase in output capacity due to new customers). EAM provides the framework for capital and labor allocation decision processes across the competing categories of equipment addition/ reduction, replacement, over-hauling, redundancy setup and maintenance budgets in order to meet business needs. Correspondingly, it merges the collective LCAM efforts and re-evaluates decisions based on long and short-term economic considerations at the enterprise level.

Enterprise asset management

Enterprise asset management (EAM) means the whole life optimal management of the physical assets of an organization to maximize value. It covers such things as the design, construction, commissioning, operations, maintenance and decommissioning/replacement of plant, equipment and facilities. "Enterprise" refers to the management of the assets across departments, locations, facilities and, in some cases, business units. By managing assets across the facility, organizations can improve utilization and performance, reduce capital costs, reduce asset-related operating costs, extend asset life and subsequently improve ROA (return on assets).

The functions of asset management are taking a fundamental turn where organizations are moving from historical reactive (run-to-failure) models and beginning to embrace whole life planning, life cycle costing, planned and proactive maintenance and other industry best practices. Some companies still regard physical asset management as just a more business-focused term for maintenance management - until they begin to realize the organization-wide impact and interdependencies with operations, design, asset performance, personnel productivity and lifecycle costs. This shift in focus exemplifies the progression from maintenance management to Enterprise Asset Management and is embodied in the British Standards specification PAS 55 (Requirements specification for the optimal management of physical infrastructure assets).

Why is EAM important ?

Competitive pressures force organizations to minimize asset total cost of ownership and streamline their asset management operations (these typically involve myriad activities ranging from inventory, parts and labor management to contracts and vendor management for new works). As downtimes become increasingly expensive, both in terms of lost production capacity and unfavorable publicity, organizations are compelled to maximize their asset productive life cycles via optimal maintenance programs.

In the event of asset failure, quick response time is critical. In recent years, stringent industry-specific environmental health and occupational safety regulations are being enforced by government oversight agencies, with industrial owners and operators responsible for compliance. Asset registers, risk registers, work planning and scheduling, life cycle costing and systematic methods for problem identification, root cause analysis and continuous improvement are increasingly seen as prerequesites for a robust asset management system.

By providing a platform for connecting people, processes, assets, industry-based knowledge and decision support capabilities based on quality information,EAM provides a holistic view of an organization's asset base, enabling managers to control and optimize their operations for quality and efficiency.

EAM CMMS enterprise asset management

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Why VIZIYA?

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With deep domain expertise in asset management software, VIZIYA excels at developing "off the shelf" software solutions that fill the functional gaps ERP asset management users have struggled to address. The days of developing work-arounds or having to make due are now over. VIZIYA offers fully supported software solutions designed based on real-world asset management customer needs.

Measure it... Track it... Improve it!

How are your asset costs growing?
What are my top 10 most expensive assets?
Is an asset past its useful life?
How much time is wasted by incorrect work orders?
Am I doing enough preventative maintenance?

For too long, Asset Management has been a black box, where ongoing, reliable reporting has been the impossible dream. VIZIYA introduces the WorkAlign® Analytics product:

A best-in-class report suite with over 50 predefined reports and the ability to create your own custom reports using our comprehensive asset management data layer

Learn more about

• Scheduler
• Analytics
• Oracle Gateway
• Data MD
• VISION