• COVID-19
  • About Us
  • Advertise
  • Contact Us
  • Events
  • Industries
  • Partners
  • Products & Services
  • Subscribe
  • Contribute
  • Webinars

Aerospace

  • Iridium Debuts New Remote Asset Tracking and Management Device
  • Skylo Hires Angira Agrawal as COO
  • Skylo, BSNL to Deploy a Satellite-Based IoT Network in India

Chemical

  • Henkel Adhesive Technologies invests in predictive-maintenance startup Feelit
  • Optimize industrial training with immersive virtual reality
  • An industrial edge platform for data processing

Cybersecurity

  • White House Releases Implementation Plan To Secure 5G
  • CISA Launches Cyber Risk Reduction Venture For Nation
  • Commerce Rule Identifies China, Russia, Iran And Others As Threats To Supply Chain

Healthcare

  • CISA Services In High Demand Related To COVID Vaccine Response
  • AI tool detects COVID-19 by listening to patients’ coughs
  • Printing Wearable Sensors Directly onto Skin

Oil & Gas

  • Optimize industrial training with immersive virtual reality
  • An industrial edge platform for data processing
  • Aramco and SAP enter digitalization strategic alliance

Power

  • Enhancing Operations and Maintenance with an EAM System
  • Optimize industrial training with immersive virtual reality
  • An industrial edge platform for data processing

Transportation

  • Trump Issues Cyber Security Plan For Maritime Transportation System
  • Sabic Launches New Compounds for Automotive Radar Sensors
  • Future of Mobility Commission is Launched

Webinars

  • Anticipating the Unknowns: Accelerating Incident Response Without Losing Control
  • Industrial Endpoint Protection in Operational Technology
  • Known and Unknown: Putting a Stop to OT and IT Threats Before they Act

Sign up today for our free weekly e-letter

sign up
CONNECTING INNOVATIONS
WITH INSIGHT
SIGN UP
LOG IN
  • Aerospace
    Iridium Debuts New Remote Asset Tracking and Management Device
    Read story View all articles
  • Chemical
    Henkel Adhesive Technologies invests in predictive-maintenance startup Feelit
    Read story View all articles
  • Cybersecurity
    White House Releases Implementation Plan To Secure 5G
    Read story View all articles
  • Healthcare
    CISA Services In High Demand Related To COVID Vaccine Response
    Read story View all articles
  • Oil & Gas
    Optimize industrial training with immersive virtual reality
    Read story View all articles
  • Power
    Enhancing Operations and Maintenance with an EAM System
    Read story View all articles
  • Transportation
    Trump Issues Cyber Security Plan For Maritime Transportation System
    Read story View all articles
Power
January 7 2021 10:10 am

Enhancing Operations and Maintenance with an EAM System

A

Aaron Larson

Enterprise asset management (EAM) involves a combination of software, systems, and services that are used to maintain and control operational assets and equipment. The aim is to optimize the quality and utilization of assets throughout their lifecycle, increase uptime, and reduce costs. EAM involves work management; asset maintenance; planning and scheduling; supply chain management; and environmental, health, and safety initiatives.

"Maximo is an enterprise asset management system. It's a tool, if you will, a software tool, that's used to manage and maintain expensive assets, primarily, and power has been a big part of the Maximo portfolio for as long as I can remember," Steve Richmond, CEO of Projetech, a Maximo-as-a-Service provider, said as a guest on The POWER Podcast. "It's good for managing equipment and the people that work on it. So, if you're tracking labor or certifications, compliance issues, all that detail-oriented data collection, it's a perfect repository for it."

EAM is often associated with a computerized maintenance management system (CMMS), but it's different. While a CMMS can be one aspect of EAM, it focuses on centralizing information to facilitate and automate maintenance management processes. EAM, on the other hand, provides an approach for managing the entire asset lifecycle, supporting asset performance from acquisition to disposal.

"Maximo-as-a-Service is essentially what it says," Richmond said. Unlike 30 years ago, when a company would have had to buy a CMMS or EAM software product, and then purchase and install servers, operating systems, databases, and all the related technology that goes along with owning and operating a system, today, providers such as Projetech offer a "no-hassle, login, and simply use-the-product concept," he explained.

While the solution has long been used at conventional power plants, such as coal, nuclear, and gas-fired facilities, Richmond said it is also suitable for wind and solar farms. "It's been the largest growth area of my business for over five years now. We are a perfect fit for renewables," he said.

The reason is that many solar and wind farms are located in remote areas. "The ability to look at your entire farm, or many farms in the aggregate, and make decisions about what's the best way to schedule and plan your maintenance, makes this remote connectivity a perfect fit for them," Richmond explained. "And the ability to be able to connect anywhere, again, from the cab of a pickup truck to a phone on top of a tower–everybody's connected and they all have the same information available to them at any time."

To learn more about EAM systems and the benefits they can provide, listen to the full interview with Richmond on The POWER Podcast. Follow the links below to subscribe via your favorite platform or click on the SoundCloud player to listen now:

  • Apple Podcasts
  • Google Play Music
  • Google Podcasts
  • Spotify
  • iHeart
  • Stitcher
  • TuneIn
  • SoundCloud

The POWER Podcast · 74. Enhancing Operations and Maintenance with an EAM System

For more power podcasts, visit The POWER Podcast archives.

–Aaron Larson is POWER's executive editor (@AaronL_Power, @POWERmagazine).

Sign up today for our free weekly e-letter

sign up

Aerospace

Chemical

Cybersecurity

Healthcare

Oil & Gas

Power

Quiz

Transportation

Webinars

About Us

IIoT Connection delivers the latest news, trends, insights, events and research surrounding the dynamic and disruptive Industrial Internet of Things (IIoT) marketplace. Brought to you by the publisher of must-read publications Defense Daily, OR Manager, POWER and Chemical Engineering, as well as the conference producers of SATELLITE, Global Connected Aircraft Summit, Connected Plant Conference and ELECTRIC POWER, IIoT Connection is committed to providing the most comprehensive compilation of products and services dedicated to the Industrial Internet of Things. Key verticals with associated products and services include: aerospace, chemical, cybersecurity, healthcare, oil & gas, power, and transportation.


Advertise

  • Privacy Policy
© 2021 Access Intelligence, LLC - All Rights Reserved.
  • × UPS Partners with Wingcopter to Develop, Certify Drone Delivery Fleet
    Read story View all articles
  • × How Industrial Managers Can Identify and Prevent Failures in Facilities
    Read story View all articles
  • × Federal Agencies Partner To Improve Cyber Security Cooperation In Energy Sector
    Read story View all articles
  • × New service lines can create opportunities for ORs
    Read story View all articles
  • × Equinor and Shell to collaborate on digital solutions
    Read story View all articles
  • × Dobroflot to Manage Fuel Savings With IOT Solution By Orange Business Services
    Read story View all articles
  • × The Future of 5G & IoT Technologies in the Transportation Industry
    Read story View all articles
  • ×
    Read story View all articles
  • ×
    Read story View all articles
  • ×
    Read story View all articles
  • ×
    Read story View all articles
  • ×
    Read story View all articles
  • ×
    Read story View all articles
  • ×
    Read story View all articles
  • ×
    Read story View all articles
  • ×
    Read story View all articles
  • ×
    Read story View all articles