Assets are crucial factors in a company. It is one of the components allowing a business to operate and improve market sales. That is why asset performance needs to be of its top quality. Luckily, you can use asset performance management software to help you understand your asset’s system. Continue reading below for more. 

Asset Performance Management Software

13+ Asset Performance Management Software

1. IBM Maximo

ibm maximo

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Rating: 4.7/5

Price: Custom

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What is Asset Performance Management Software?

A business requires high-quality asset performance to reach its objectives. Asset involves machinery, equipment, money, stocks, and more. These factors are puzzle pieces of your business, which require good performance to ensure great returns and profits. You’ll need asset performance management software because manual methods aren’t enough to keep things running well. It is a technological tool containing multiple advanced features and functionalities, enabling users to acquire complete details of your critical assets and generate strategic ideas to improve asset performance. You can decrease manual operations and assure accurate data analytics with this technological partner, resulting in improved decision-making processes.

Benefits

Asset performance management software offers multiple benefits and advantages to your company. As we all know, manual processes are effort and time-consuming. On top of that, it can give inaccurate data and has limitations. With asset performance management software, you can break the limit. You can evaluate and monitor your asset performance effectively and efficiently. 

Features

Various technology companies developed asset performance management software. When you research, there are multiple software deserving to be a candidate of your choice. However, although the software is contributive, you can’t deny that not all platforms have the same level of performance. As a result, it’s critical to investigate and verify the software’s capabilities. You can try their free trials and versions to monitor them first hand. You can also read user reviews containing the software’s pros and cons. That way, you can avoid purchasing irrelevant tools. The following are features recommended by most users:

Top 10 Asset Performance Management Software

1. IBM Maximo

IBM Maximo includes activity tracking, inventory management, location tracking, maintenance management, and more advanced features. IBM has annual revenue of $73 billion and 345,900 employees.

2. JD Edwards EnterpriseOne

JD Edwards EnterpriseOne from Oracle includes forecasting, fleet management, financial management, supply chain management, and more advanced features. Oracle has annual revenue of $41.4 billion and 196,083 employees.

3. Fiix

Fiix from Rockwell Automation includes customizable reports, purchase order management, status tracking, document management, and more logical features. Rockwell Automation has annual revenue of $7 billion and 101 employees.

4. Infor EAM

Infor includes calibration management, configuration management, inventory control, IT asset management, and more contributive features. Infor has annual revenue of $3 billion and 17,000 employees.

5. SAP S/4HANA

SAP S/4HANA includes cost tracking, customer relationship management (CRM), inventory optimization, project management, and more advanced features. SAP has annual revenue of $2.1 billion and 118,190 employees.

6. eMaint CMMS

eMaint CMMS from Fluke Corporation includes asset lifecycle management, audit trail, material requirements planning, monitoring, and more valuable features. Fluke Corporation has annual revenue of $851.4 million and 3,475 employees.

7. Aptean EAM

Aptean EAM includes resource management, scheduling, job costing, equipment management, material management, and more logical features. Aptean has annual revenue of $204.2 million and 1,408 employees.

8. UpKeep

UpKeep includes compliance management, data visualization, spatial analysis, inventory management, and more valuable features. UpKeep has annual revenue of $21 million and 100 employees.

9. Fracttal One

Fracttal One includes inspection management, maintenance scheduling, work order management, predictive maintenance, preventive maintenance, and more helpful features. Fracttal has annual revenue of $11.2 million and 77 employees.

10. ProxiTrak

ProxiTrak from ProxiGroup includes activity tracking, depreciation management, location tracking, reservations management, and more innovative features. ProxiGroup employs over 25 people and generates over $5 million in annual revenue.

FAQs

What is an asset?

The asset has different forms. It is a resource of an entity that has a current, projected, or future economic advantage. The asset is a critical component of running a business and ensuring it is operational and meets its goals. Depending on the asset performance, it allows a company to grow and develop.

What is asset management?

The practice of coordinating key asset performance to assure perfect and better operations is known as asset management. It identifies weak points and helps you develop effective action plans to improve asset quality and performance is a crucial task for businesses of all sizes. You might expect tremendous profits and sales if you manage your assets well.

What is asset performance?

The ability of a company to take operational resources, manage them, and generate profitable returns is referred to as asset performance. A company grows depending on its asset performance. Impressive asset performance means great returns and profits, which allows your business to generate revenue and acquire operational efficiency and quality assurance.

Managing asset performance is never easy, especially with traditional methods. Mistakes, delays, and overlooks are not an option in the professional industry. That is why using asset performance management software is the best choice. With this advanced tool, you can evaluate, assess, track your asset’s performance conveniently and cost-effectively. This software is what you need to make your life simpler.

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