The management of physical assets throughout their lifecycle using integrated business processes and information systems.
Enterprise Asset Management (EAM) is the discipline of managing physical assets from planning and acquisition through operation, maintenance and retirement using standardized business processes supported by enterprise software. EAM systems manage asset hierarchies, maintenance planning, work orders, inspections, inventory, costs, reliability and lifecycle information.
EAM enables organizations to maximize asset performance, improve maintenance efficiency, reduce lifecycle costs and support informed operational decision-making.
Modern EAM platforms commonly integrate with ERP, CMMS, GIS, SCADA, condition monitoring, digital twins and asset performance management systems to provide a comprehensive view of asset health and maintenance activities.
Enterprise Asset Management is the broader business discipline and supporting technology platform, whereas a CMMS primarily focuses on maintenance planning and execution.
Asset Information Management; Maintenance & Work Management; Reliability Engineering.
Asset management.; Maintenance management.; Operations.; Reliability improvement.; Capital-intensive industries.
ISO 55000; ISO 55001
VisualAIM connects glossary concepts to the asset records, inspection histories, and workflows they describe.