EAMs typically serve at the core of any asset-intensive business. A good EAM will be reliable and effective on all fronts of an asset’s lifecycle while simultaneously providing the support to prevent any sudden mishaps throughout the process. For this reason alone, these platforms have become invaluable tools to countless businesses across the globe, but not all EAMs are made alike. The market for this software has become rather saturated over the years, leaving more and more options on the table for those looking to improve upon the way they run their own business. With some software being higher quality than others, many businesses may have gotten the shorter end of the stick and opted to implement a weaker option. Whatever the case may be, having an effective EAM is crucial to a company’s success. As such, we’ve picked out some important signs that may prompt you to begin the EAM migration process.
What Are the Signs?
Poor User Experience – With such an important system being utilized by many of your employees on a daily basis, it’s important for the user experience to be optimal in every way. Layouts should be clean and simple. Navigation should be intuitive. If your team is constantly telling you otherwise after using your current EAM, it could very well be a telltale sign that a migration is needed.
Lacking Functionality – Your ideal EAM will have most, if not all the functions you need to operate exactly how you’d like to. All credible systems will have basic functions such as PM scheduling and work order management, but it’s the smaller functions that really make the difference. If you find that your current EAM is lacking important features such as customizable interfaces, you need to migrate. Having these secondary features available will enhance operations drastically and simply aren’t worth missing out on when the option to migrate is there.
Incompatibility – It’s 2020. Let’s face it: if your EAM isn’t compatible with newer forms of technology such as laptops, smartphones, or tablets, it’s time to make the switch. When technicians don’t have access to an EAM through mobile technology, their workload becomes tedious. The inability to confirm machinery specifics, check visual references, and search part catalogues all on the spot hinders a worker from completing their job efficiently. They need to have all that information at their fingertips in any scenario, so if this is lacking, significant amounts of time are wasted and thus productivity plummets.
Insufficient Reporting – Reports play a massive role in informing the company of what is occurring in their plant day-to-day. Having information on how often a specific machine needs maintenance, how much attention potential malfunctions would require, and even the costs a company would face as a result of downtime in specific areas are all crucial in keeping operations running smoothly. If your EAM is unable to communicate this information effectively, you’ll be losing out on precious time and resources. This is a sure sign of when a new EAM is needed.
Limits Collaboration – Running a successful business is largely a collaborative effort. Any EAM that limits the amount of people that can access it at once should be an immediate red flag. Especially if you have a larger team, having the ability to keep multiple people working within the same system is extremely important in getting tasks done quickly without any interference from other parties. Being restricted in what you can do will almost always be a downside, and this is no exception.
Looking to Migrate EAMs?
If any of these signs made you think twice about the EAM you’re currently using, it may just be time for an EAM migration. This process can be daunting, but we can help. NRX AssetHub provides the software and services required to safely and efficiently transfer your asset and maintenance master data into a new EAM of choice. If this is something you’re considering, reach out to us and book your free demo to see the potential of your new EAM.
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