OUR SOLUTIONS

01

EAM Software
(Enterprise Asset Management Software)

MEET THE MOST TECHNOLOGICALLY ADVANCED ENTERPRISE ASSET MANAGEMENT SOFTWARE (EAM) SOLUTION ON THE MARKET, INTEGRATING FUTURE-FIRST CMMS SOFTWARE.

NEXGEN’s Enterprise Asset Management System (EAM) provides a diverse suite of robust features to intelligently manage your end-to-end asset inventory throughout its lifecycle. With NEXGEN, you’re evolving from a legacy time-scheduled maintenance model to a proactive future-forward system built by industry thought leaders.

Powerful Capabilities Strengthening Today
What’s at Risk Tomorrow

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01
END-TO-END ASSET INVENTORY AND CONDITION ASSESSMENT

NEXGEN EAM system’s proprietary Asset Management Intelligence delivers real-time insights into every aspect of every asset in your inventory. Asset Condition Index (ACI) risk calculations inform proactive oversight of every asset’s remaining life cycle and performance.


  • Asset Management Intelligence

  • Risk Strategies

  • Warehouse Management

02
CMMS SOFTWARE INTEGRATION

NEXGEN’s feature-rich Computerized Maintenance Management System (CMMS) software provides the technology to evolve from your legacy time-scheduled maintenance management model to a smarter predictive system.


  • GIS Integration

  • Real-Time Analytics and Reporting

  • Predictive and Preventative Maintenance
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03
COMPREHENSIVE ASSET MANAGEMENT PLANNING

NEXGEN’s fully integrated Asset Management Planning solution incorporates life cycle planning, funding forecast, risk management, and capital planning prioritization modules. A first in the industry, these four modules provide actionable insights that fulfill long-term asset management requirements.


  • Customizable Asset Planning

  • Funding Forecast Tool

  • Smart Infrastructure

NEXGEN CASE STUDY

Delivering the right solution to scale with Amazon’s rapid growth.

“NEXGEN’s programmatic asset management approach [provides] consistency across all facilities…with a comprehensive asset inventory in one central repository, with consistent asset classes, locations, and numbering schemas.”

BOB TRIBO, SR. TECHNICAL OPERATIONS MANAGER, ENGINEERING, HINES AMAZON

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  • GraniteNet
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  • Napa Auto Parts
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  • Warehouse

NEXGEN STRATEGY

Seamless integrations are your new normal.

Remember those cumbersome, labor-intensive integration workflows you endured to integrate your asset management platform with third-party software EAM providers? Those days are a distant memory.

NEXGEN’s robust EAM and maintenance software platform was built for zero-stress seamless integrations with a wide variety of information systems. Leveraging our fully connected enterprise-wide approach ensures all software providers are interconnected and updated in real-time.

DON’T SEE YOUR INTEGRATION ON THE LIST? You’re in luck! We can integrate with practically any system. Let us know what you want to accomplish, and we’ll connect you with one of our experts.

EAM Frequently Asked Questions

Enterprise asset management, or EAM, combines the maintenance management functionality of CMMS with asset management and capital planning. In other words, EAM takes features of CMMS and adds items such as capital planning and risk analysis to make for even more intelligent asset management. In addition, EAM allows organizations to only have to rely on one piece of software instead of having different ones for different departments and divisions, effectively breaking down silos and streamlining communication.

If your organization has an EAM system, it’s using a singular software to manage assets and streamline communication between departments instead of using several different softwares. This means that data and communication is shared between all departments and divisions, maximizing asset management efficiency and allowing for users to pull from a wide amount of data.

EAM allows for organizations to make the most out of their CMMS software by adding intelligent AM-related functions, such as capital planning and risk analysis. These functions allow for users to collect data that helps them forecast asset reliability and maintenance needs in an even more effective manner than if solely using CMMS for tracking historical data.

Any organization that uses CMMS can also use EAM. However, selecting one over the other depends entirely on your organization’s specific needs. NEXGEN generally categories an organization’s life cycle into one of four stages: Commodity, Traditional, Transformational, and Competitive. Organizations in the earlier stages tend to only need a CMMS, while those in the later stages might want to consider EAM instead.

EAM evolved from the natural progression of the development of CMMS software. In other words, as use of CMMS grew over time and users identified the need for more data to drive their asset management needs, EAM came to be. EAM can be seen as an enhanced application of CMMS made to address growing business needs.

Since EAM is an offshoot of CMMS, EAM system functions involve many of the same capabilities that CMMS have, albeit with the addition of features that aid with capital planning and risk analysis. These additional tools are

Enterprise resource planning, or ERP, is different from EAM in that ERP software is used to manage business processes rather than assets. This means that while EAM is used to track and manage physical equipment that needs maintenance, ERP is used to handle items such as payroll, invoices, and more. While an ERP software might offer some EAM-related features, EWP does not go as in depth with asset management as an EAM software might.

EAM software encompasses all of these features and utilizes all of them to maximize asset potential and life cycles. This is done through meticulous data collection and automatic maintenance and work order management. With EAM, all that needs to be done is foundational work – EAM software does the rest to tell you when to perform maintenance on assets.

With an EAM at your disposal, you will be able to minimize asset failure and maximize asset efficiency. Where CMMS is mostly used for asset tracking and historical data, EAM takes that functionality a step further in order to forecast asset maintenance needs. This translates to improved asset utilization and reduced downtime.

EAM’s greatest strength is that it enables an organization to break down silos and streamline communication across multiple departments and divisions using a centralized work order system. As such, putting a focus on transparency and shared goals is crucial. This way, everyone will be on the same page when it comes to utilizing EAM to realize the organization’s goals.

As with CMMS, the challenges of adopting an EAM solution are change management, organizational alignment, and data quality. Managing user buy-in, establishing focused goals, and ensuring that data integrity is maintained during EAM adoption is essential to a successful transition to EAM.

See what’s new and what’s next in EAM and asset management.

Transform risk into sustainable growth

Actionable intelligence, innovation, and influence. Are you ready to implement meaningful, strategic change across the breadth of your organization?

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