SAP Intelligent Asset Management
We can help you understand the value of SAP Intelligent Asset Management (SAP IAM) for your business through product demos and relevant use cases discussion.
SAP INTELLIGENT ASSET MANAGEMENT
SAP Intelligent asset management (now known as Asset Performance Management) is essential for asset-heavy industries. SAP IAM presents a cutting-edge solution that capitalises on IoT, machine learning, and AI to revolutionise asset lifecycle management, elevating operational efficiency to new heights.
SAP Intelligent asset management (now known as Asset Performance Management) is essential for asset-heavy industries. SAP IAM presents a cutting-edge solution that capitalises on IoT, machine learning, and AI to revolutionise asset lifecycle management, elevating operational efficiency to new heights.
Our Asset Performance Management (intelligent asset management) services will help your business achieve the following objectives:
- Drive safe operations: measured by a reduction in safety and environment incidents.
- Reduce cost: measured as a reduction in the total cost of ownership of the asset. Increase speed and accuracy of decision making.
- Maximise productivity: by increasing overall equipment effectiveness and uptime.
- They must collaborate better with suppliers, customers, and service providers.
- Optimise asset maintenance processes and move from cyclical to predictive and intelligence driven maintenance schedule.
- Have a real time view of asset on a strategic and operational level.
SAP Intelligent Asset Management – Cloud Solutions
Intelligent Asset Consulting Services From On Device Solutions
SAP INTELLIGENT ASSET MANAGEMENT ARCHITECTURE AND COMPONENTS
SAP Intelligent Asset Management (SAP IAM) is a suite of cloud solutions that comes with standard integration with SAP ECC and SAP S/4HANA.
ASSET CENTRAL FOUNDATION
SAP ASSET MANAGER (SAM)
KEY FEATURES OF SAP BUSINESS NETWORK FOR ASSET MANAGEMENT
SAP Business Network for Asset Management Benefits:
The SAP Business Network for Asset Management provides businesses with several benefits to ultimately improve business efficiency and performance:
- Enhanced Collaboration: SAP Business Network for Asset Management facilitates seamless collaboration among various stakeholders, including suppliers, service providers, and asset owners, leading to improved communication and information sharing, ultimately enhancing decision-making processes.
- Increased Asset Reliability: By providing real-time insights and predictive maintenance capabilities, SAP Asset Intelligence Network helps businesses optimise asset performance, reduce downtime, and extend the useful life of their assets, leading to increased reliability and reduced operational costs.
- Compliance and Risk Management: The SAP Asset Intelligence network platform offers tools for tracking and managing compliance with industry regulations and standards, helping businesses mitigate risks and avoid costly compliance-related issues while ensuring a higher level of asset and operational safety.
- Supplier Work Order collaboration: Collaborate with your suppliers and receive real-time Work Order updates.
SAP ASSET INTELLIGENCE NETWORK (AIN)
- Manufacturer and supplier: responsible for the design and production of the asset and supply of spare parts
- Engineering and construction: companies that design solutions for the asset operators typically use multiple asset types from multiple manufacturers.
- Asset operator/owner: companies responsible for the day-to-day operations of the assets.
- Service providers: companies providing asset maintenance services.
SAP Business Network for Asset Management provides all these stakeholders with a common platform to exchange useful information so they can all play their roles in the supply chain more effectively.
With SAP AIN for example:
- The manufacturer can publish safety recall notices to others and consume asset failure information.
- Engineering and construction companies can publish designs and drawings and consume asset failure information.
- Asset operators can publish asset failure information and let the manufacturer manage asset master data.
- Service providers can publish asset improvement recommendations and consume the latest maintenance instructions.
Connecting your stakeholders together with SAP AIN and how it works.
SAP ASSET STRATEGY AND PERFORMANCE MANAGEMENT (ASPM)
- Reliability Centered Maintenance (RCM)
- Failure Modes and Effects Analysis (FMEA)
- Root Cause Analysis (RCA)
SAP PREDICTIVE ASSET INSIGHTS (PAI)
Traditional maintenance strategies like Reactive Maintenance and Preventive Maintenance typically result in over maintenance and high cost.
With technologies like IoT becoming readily available and cost effective more and more customers are moving towards a predictive maintenance regime. Predictive maintenance aims to prevent unplanned failure while reducing un-necessary asset maintenance.