Enterprise Asset Management (EAM)

    Enterprise Asset Management (EAM) refers to the entire life cycle management of an organization’s physical assets including: tracking of physical assets, commissioning of capital projects, maintenance planning for plant equipment and machinery, inventory management for spare parts, etc.

    Typical Benefits:

    • Cost reduction for labor and parts inventory
    • Data consistency (due to standard nomenclature)
    • Reliability (due to business rules)
    • Accessibility through standardized reports
    • Regulatory and legal compliance
    • Speed resulting from pre-defined links to financial reporting, human resources and operations
    • Better planning with automatic work order costing for better cash flow planning
    • Scheduling for high replacement-cost items
    • Tracking cost and equipment availability for a single asset or an entire plant
    • Provides a comprehensive view of all asset types, condition, location, and work processes
    • Better asset-related decisions
    • Assets, templates, and accelerators for Master Data Governance in EAM for structured and unstructured data

    How Utopia Can Help

    Utopia helps you "get your data right" and manage the entire lifecycle of the data for maximum business impact, from creation through archiving. We not only ensure an on-time and on-budget Go Live, but also deliver reusable and scalable solutions that sustain data quality after Go Live.

    Let our best practices for data management and governance build you a robust data foundation and make data a strategic asset for your organization.

    Learn more about Utopia's methodology, tools, and capabilities for enterprise asset management.

    "Now that we have gone live I would like to thank you all for the late nights and weekends you have put into this project to get it over the line. You came in when data management was in a sorry state and have clearly made a significant contribution to the success of the project. Thank you on behalf of the company."

    C-Level Executive, Oceania Mining Company

    Utopia EAM Customer Snapshot

    Utopia EAM Customer Snapshot.png


    Webinar Struggling with Governance for Enterprise Asset Management Data?
    Webinar Completing the EAM Puzzle: Putting the Pieces Together
    Webinar Achieving Operationally Efficient Information Handover in the World’s Largest Capital Projects
      ...more webinars
    White-Paper Achieving Big Savings on Capital Project Information Handover
    White-Paper Migrating From Mincom Ellipse to SAP Plant Maintenance
    White-Paper Mining Hidden Dollars with EAM
      ...more white papers
    Blog Data Garage Sale
    Blog Enterprise Asset Management Data Helps Fight Against Arctic Blast
    Blog Recovery from a Product Recall Eased through Data Governance
    Blog When Disaster Strikes: The Importance of Utilities & Data in Times of Turmoil
      ...the blog


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