20 Most Promising EAM Solution Providers - 2018

20 Most Promising EAM Solution Providers - 2018

It’s a remarkable age, organizations are on the edge of the Fourth Industrial Revolution or Industry 4.0 and digitization is on the top priority in its agenda. To survive in this Industry 4.0, organizations need to modernize their methods of managing assets over their lifecycles; in other words they need to improve their enterprise asset management (EAM). The Internet of Things (IoT) has generated a considerable amount of buzz and is also a booming technological and operational trend that has already established a solid foothold in most of the industries today. A recent study conducted by Forrester reveals that 83 percent of the companies are already leveraging IoT and another 87 percent were ready for their IoT deployments, which can significantly impact asset management and maintenance.

As enterprises evolve and enterprise assets become increasingly more interconnected, EAM must evolve as well. New and emerging trends, including the Industrial Internet of Things (IIoT), AI, mobile, predictive and cognitive maintenance, and KPI-monitoring will reshape the future of EAM. Though still in its infancy, the deployment of deep learning, industrial robots, drones and other forms of state-of-the-art AI in maintenance activities is promising and takes organization’s EAM strategies to new heights. The industrial sector has caught the untapped potential for drones, since it provides a bird’s eye view of the facility and its assets, all while reducing risk and saving money.

The future of EAM is about looking at how we use technology in the real world and making it easier to use so we can optimize the value of our assets, not just maintain them. Truly, now is right the time for organizations to consider using EAM solutions for their business. To help CIOs zero in on the right fit EAM solutions for their organizations, CIOReview presents the “20 Most Promising EAM Solution Providers 2018.”

Company Name

Company Description

Accela Provides a platform of cloud-based productivity and civic engagement software to governments of all sizes
ARMS Reliability Provides end-to-end solutions that can build, deploy, sustain, and govern asset-based strategies and manage all of them through a connected solution
Azteca Systems LLC Provides Cityworks Suite that provides comprehensive public asset and work management solutions for infrastructure, as well as land-based location-focused activities
Champs Software Creates and implements CMMS/EAM software solutions that enable enterprises of varying size, sophistication, and industry to optimize the life cycles of their capital assets
Fiserv Provides institutional asset management solutions to banks, investment advisers, securities broker dealers, leasing and finance companies, and retailers for supporting their global business
GEOS Safety Solutions With an arsenal of integrated solutions to match any type of asset, GEOS offers straightforward EAM as a cloud based service
Hippo CMMS Develops a powerful, affordable, and user-friendly web-based maintenance management software system
Infor Focuses on business applications for organizations and delivered via cloud computing as a service
Intelligent Locations Provides a SaaS platform for asset management and tracking real time location of assets and patients in hospitals
License Dashboard Provides software asset management technologies and licensing expertise to power credible and valuable license management services
Mainsaver Software Offers robust Computerized Maintenance Management System (CMMS) software and practical business consulting delivering business-critical information
Mapcon Technologies Develops Computerized Maintenance Management System (CMMS) Software for facilities and industry
MicroMain Corp Provides asset maintenance and facility management software and services
SAP From back office to boardroom, warehouse to storefront, desktop to mobile devices, SAP empowers people and organizations to work together more efficiently
SGE Provides a feature-rich, user-friendly software for asset management software
Sigga Global provider of SAP certified mobile enterprise applications
Smartware Group Provide a simple and modern user design complete with powerful functionality for maintenance professionals around the world
Stave Develops enterprise applications and solutions on the ServiceNow platform that helps users interact with an organization’s processes, assets, and data in a digital way
Vesta A professional SAP services firm with deep domain expertise in maintenance and reliability
Viziya Provide the tools to run an efficient and more effective maintenance organization