Enterprise asset management (EAM) is an integral part of achieving operational excellence by keeping an asset-heavy business operating at peak efficiency. Organizations are using SAP technology to address physical asset support requirements, such as plant, equipment, and industrial infrastructure. Over the past year, extreme pressures have been affecting EAM teams, brought on by the challenges of running teams during a pandemic, as well as major disruptions with key industries that rely on EAM approaches. Furthermore, poor asset performance can disrupt overall business performance—rethinking asset performance management and implementation initiatives can help EAM customers identify effective approaches to boost reliability and, by extension, profitability.

Major Pressures for SAP EAM Customers

Digital transformation is a priority across many organizations, as businesses expect to see improved performance, faster access to analytics, and optimizations of existing process by adopting the next-generation SAP ERP. While some customers are still exploring new technology products, others need support in implementing products, making changes to processes, and building adoption. Be sure to tune in to the ASUG Best Practices: SAP S/4HANA virtual experience, featuring content throughout March to gain the tools needed for a frictionless end-to-end SAP S/4HANA implementation, including content ranging from vision and strategy to planning, execution, and adoption.

What’s Next for SAP Enterprise Asset Management Customers

SAP EAM customers across industries are motivated to shift their maintenance approach from reactive—or even preventative—to predictive. Organizations can maximize returns on their assets and reduce the risk of unexpected downtime if they can proactively identify, quantify, and predict potential risks. Expanding reach and operational efficiency through mobile EAM solutions also allows organizations to track assets in the field, expand access to asset information to employees anywhere, and efficiently handle many activities via a single platform. In addition, EAM teams can use data and IoT to predict equipment failure, reduce operating costs through smart monitoring, optimize existing processes, and make informed decisions.

Get a Recap of EAM Research

We encourage you to read our 2021 report to learn how your peers are thinking about adapting for the future of asset management. The report overviews the trends, pressures, and priorities for SAP EAM customers, such as mobility and transitioning to predictive maintenance. You can get an overview of this research by listening to our upcoming webcast, The State of the Enterprise Asset Management SAP Customers in 2021 on demand. You will hear from Carolyn Szczurek, market research manager at ASUG, on the most significant trends and pressures facing the EAM network this year.

Download our complete 2021 research report, The State of Enterprise Asset Management for SAP Customers. Don’t miss your opportunity to hear about EAM trends across industries from SAP customers at our ASUG Best Practices: SAP for EAM virtual conference, taking place April 12–14.