IFS Cloud Enterprise Asset Management (EAM)

IFS Cloud Enterprise Asset Management is designed to address the complex asset challenges faced by industrial businesses. The solution can help minimize downtime, reduce costs, and optimize asset performance by streamlining asset management and maintenance processes. IFS Cloud Enterprise Asset Management provides:

• End-to-end asset lifecycle management with project management: Manage and control your assets from planning and operational design to maintenance, all the way to refurbishment, recycling, or decommissioning.

• Optimized Maintenance Planning and Scheduling: Leveraging AI-powered dynamic or static maintenance scheduling to optimize plans and activities in real time for significant asset availability and efficiency improvements.

• Optimized asset reliability with built-in AI: Ensure asset reliability and reduce reactive repairs. Conduct failure mode effects and critical analysis (FMECA) to optimize maintenance strategies and planning. Leverage IFS Copilot with FMECA to assist reliability engineers with their work.

• Reduced System Complexity: Consolidate multiple systems into a single, unified platform.

IFS customers have reported average improvements of:

• 20% increase in asset uptime

• 16% reduction in downtime

• 14% decrease in maintenance costs

IFS Cloud Enterprise Asset Management is part of IFS Cloud. IFS Cloud offers a unique, composable solution for enterprise asset management, allowing you to also leverage Service Management and Enterprise Resource Planning capabilities with connected processes, workflows, dataflows, analytics, and AI from a single platform. Avoid expensive and time-consuming integrations by choosing a solution with capabilities to meet a wide variety of organizational requirements, available to introduce as and when needed. This unified approach allows organizations to optimize asset performance, streamline maintenance operations, and enhance overall business efficiency. IFS Cloud empowers businesses to address complex challenges, reduce costs, and drive innovation

IFS Cloud provides a unique solution built from the ground up with your industry in mind, enabling you to pick and choose the capabilities that meet your needs. The solution comes with innovation embedded as standard such as built-in Industrial AI capabilities.

Furthermore, IFS Cloud is a true single solution that significantly lowers complexity and helps boost efficiency by removing disparate systems and reducing the total cost of ownership.

A single solution beyond EAM: IFS Cloud’s single centralized platform not only offers EAM capabilities but is also composable, allowing you to choose from Enterprise Resource Planning and Service Management capabilities such as Supply chain, project management, procurement, finance, maintenance scheduling capabilities and more to meet and complement all your complex asset management requirements.

Recognized by your peers and analysts as a leading EAM solution: IFS was named a 2024 Gartner Peer Insights Customer Choice in the Voice of the Customer for Enterprise Asset Management and IFS is ranked #1 in the Gartner Market Share: All Software Markets, Worldwide, 2023 in the Enterprise Asset Management (EAM) segment by Revenue for the third consecutive year, with a 20.3% share and 36.4% year over year growth.

Made for your industry: With IFS as your partner, you benefit from decades of experience. IFS Cloud is built from the ground up, using industry know-how that fits your business processes and workflows.