What is Enterprise Asset Management (EAM)?

Name: What is Enterprise Asset Management (EAM)?
Uploaded: 2022-07-21T12:43:04-04:00
Description: Enterprise Asset Management or EAM is a combination of tools, sensors, software, and services teams use to maintain assets, control the cost of repairs, and optimize machine performance. The objective of EAM is to ensure machine performance and longevity meets operational standards.

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Accepted Answer

Enterprise Asset Management (EAM) is a strategy that combines tools, sensors, software, and services used to optimize assets throughout their lifecycles. The goal of EAM is to maximize asset performance, availability, and longevity. Effective EAM increases asset capacity and uptime while reducing expenses.