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What is Enterprise Asset Management?
Enterprise asset management (EAM) focuses on managing the maintenance of an organization’s physical assets throughout their lifecycle. Technology now plays a greater and more critical role in this endeavor as asset downtime can lead to significant revenue and brand repercussions.
SAP Intelligent Asset Management
SAP offers SAP Intelligent Asset Management, a group of solutions that “enable an organization to use sensor technologies and predictive analytics to improve asset health.” The four solutions and some of their capabilities include:
What is Enterprise Asset Management?
Enterprise asset management (EAM) focuses on managing the maintenance of an organization’s physical assets throughout their lifecycle. Technology now plays a greater and more critical role in this endeavor as asset downtime can lead to significant revenue and brand repercussions.
SAP Intelligent Asset Management
SAP offers SAP Intelligent Asset Management, a group of solutions that “enable an organization to use sensor technologies and predictive analytics to improve asset health.” The four solutions and some of their capabilities include:
- SAP Asset Intelligence Network
— Collaborative EAM
— Automated equipment tracking
- SAP Predictive Asset Insights
— 360-degree view of assets
— Advanced predictive analytics
- SAP Mobile Asset Management
— Work order management
— Cloud-based deployment
- SAP Asset Strategy and Performance Management
— Asset information management
— Failure modes and effects analysis
Apply Industry 4.0 technologies for advanced enterprise asset management execution. Sources cite the increased use of artificial intelligence and machine learning in EAM applications to better automate and predict maintenance events. Through data analysis, companies can glean predictions and recommendations that provide greater insights for EAM decision making. Through the use of the cloud, companies can more accurately track their assets and assess their conditions in real time.
Consider vendor consignment for your EAM spare parts procurement strategy. Vendor consignment enables an organization to hold inventory in its warehouse without paying the vendor until it’s consumed. What are the advantages of this strategy? In the case of spare parts for physical assets, it allows for a reduction in the company’s own inventory stock while creating fewer steps in the procure-to-pay process. Read this articleto gain a full understanding of setting up vendor consignment as part of EAM for spare parts in SAP ERP Central Component (SAP ECC).
Implement a robust EAM strategy for fleet maintenance to ensure availability and reliability. For many companies, fleet management is critical for servicing customers and meeting their expectations. For example, SBB AG, the national railway company of Switzerland, required a powerful solution to optimize the maintenance of its rail fleet. The company implemented SAP’s Intelligent Asset Management solutions that enabled real-time monitoring of tracks and rail cars for a “reliability centered” approach to its maintenance process.
21 results
The Shop Floor Revolution: Why Modernization Can’t WaitJan 21 — The modernization of shop floors is essential for manufacturers to bridge the gap between legacy processes and digital potential, enabling real-time data insights that facilitate AI and automation. However, many still face challenges with data silos and outdated practices that hinder efficiency.
3 minute read
Enforcing Safety at the Point of Execution with SiggaNov 24, 2025 — Sigga Empower transforms safety compliance into mandatory workflows for technicians by integrating mobile technology that mandates visual double-checks, prevents incomplete documentation, allows for real-time input validation, and enables quick adaptations to safety requirements.
3 minute read
Why Paperwork is The Bane of Safety at The Planning StageNov 21, 2025 — In asset-intensive industries, implementing mobile solutions like Sigga's Empower enhances safety by linking work permits and enabling dynamic risk assessments, thereby reducing human error and ensuring compliance with real-time data.
3 minute read
Key Strategies to Reduce the Cost of Poor Quality In ManufacturingOct 15, 2025 — Manufacturers are focusing on reducing the Cost of Poor Quality (COPQ) through the integration of Manufacturing Execution Systems (MES) with SAP ERP systems to gain real-time insights into operational deficiencies, shifting from reactive to proactive quality management and ultimately enhancing efficiency and profitability.
3 minute read
Why Your MES Is the New Foundation for Digital ManufacturingSep 26, 2025 — The evolving demands for real-time data and AI insights are transforming Manufacturing Execution Systems (MES) from traditional roles marked by data latency and reliance on tribal knowledge to a more integrated, efficient model, exemplified by SAP Digital Manufacturing, which serves as a foundational element for future technological advancements in the manufacturing industry.
3 minute read
Solution Explainer Video: How placing supplier orders, tracking assets and engaging with consumers worksJan 28, 2025 — Antares Vision Group’s advanced software solutions empower manufacturers and distributors to precisely manage their supply chains by tracking and certifying the safety, authenticity, and sustainability of ingredients and components from order placement to delivery.
1 minute read
Remove Friction From Your Source-To-Pay ProcessJul 9, 2024 — Procurement, supply chain, and finance teams across many organizations struggle with processes that span disparate ERP systems, point solutions, spreadsheets, and emails. This often forces procurement teams to deal with multiple sources of truth, limited visibility, and siloed team efforts.
But with a single experience across sourcing, procurement, and finance systems, companies can transform their source-to-pay process. The result? An agile and efficient process that takes cost out of your operations while also increasing employee satisfaction and productivity.
In this webinar we’ll cover:
Trends in the source-to-pay process leading into 2024.
How client companies benefit from ServiceNow source-to-pay solutions.
A live demo.
Join our webinar and discover how you can boost efficiency with streamlined workflows—and reap savings—throughout your source-to-pay process.
1 minute read
Maximizing the Value of Assets Across their Lifecycle with RizingMay 13, 2024 — Organizations often face challenges with their SAP EAM solutions, such as poorly defined or implemented processes, ambiguous roles, lack of comprehensive training, inaccurate reports, low-quality data, and a complex user interface. These issues hinder the full realization of SAP EAM benefits and advancement into Intelligent Asset Management.
Rizing enhances asset management through reliability-centered, condition-based, and predictive maintenance methodologies. Their EAM solutions enable rapid synchronization of large transaction volumes between SAP and project planning systems, accelerating decision-making and improving project efficiency. With extensive industry expertise, Rizing identifies opportunities for substantial improvement and supports effective asset management strategies. These strategies reduce unscheduled downtime, maintain maintenance schedules, improve asset reliability, and ensure uninterrupted operations.
3 minute read
Closed-Loop Asset Management with SAP: Increase Uptime, Reduce Cost, and Improve Asset Performance by Learning from Work ExecutionMay 26, 2023 — Understand how SAP has re-engineered its Intelligent Asset Management solutions to enable a closed-loop process, which directly links your maintenance strategy from asset criticality assessment with maintenance planning and work execution – and enables you to apply learnings from your work execution to improve your asset strategies.
1 minute read