Enterprise Asset Management adds value
EAM adds value across your entire maintenance and safety operation: Improve your maintenance processes to increase uptime, reliability and availability. Control costs effectively by working more efficiently. Ensure compliance with safety, health and environmental regulations. Transform your approach to asset management with the EAM Maturity Model. Stop reacting to failures, start proactively planning your maintenance. Integrate the right solutions related to environment, health and safety and operations. Make more data-driven decisions to maximize ROI and extend asset lifecycles. And the list goes on. Your business relies on the healthy, predictable operations of your assets. Ultimo helps you manage that expectation with confidence.
Exploring the EAM Maturity Model
IFS Ultimo's tailored maturity model is unique. The stages reflect where you are in your journey to EAM maturity. Understand how to unite maintenance, operations, EHS and finance.
Stage 1 - Reactive
Organizations in stage 1 use a corrective maintenance strategy. Assets operate until they break down, and maintenance is only carried out in response to failures. These organizations lack a defined maintenance strategy. They often operate without dedicated asset management software. There is a heavy reliance on instincts or common sense. Proper documentation or registration for every task executed is missing. The mindset is very operational, with a focus on maintaining and fixing assets.
Stage 2 – In control
Organizations in stage 2 shift their focus to avoiding sudden breakdowns through preventive maintenance. Maintenance activities are planned ahead of time. Professional software is used more commonly to centralize asset data. Some organizations use mobile devices to access this data. Work orders are used to document asset failure and repair. Sometimes, costs are registered. Operations and EHS are involved more and more. This stage is the first step towards more structured and proactive asset management.
Stage 3 - Proactive
Stage 3 is the proactive stage. Preventive maintenance has overtaken corrective maintenance as a strategy. Predictive maintenance is added in to the mix, by using sensor monitoring and condition based maintenance. Organizations in this stage adopt a tactical maintenance approach. Access to more and better data allows the organizations to improve their strategies. KPI’s and performance are tracked and analysis is performed on the data. Smarter ways of working empower teams to collaborate better and increase uptime and reliability.
Stages 4 & 5 – Smart & Ultimate
Organizations in stages 4 and 5 have a strategic maintenance management strategy. It is focused on adding value to every step in the asset lifecycle. Data analytics help identify emerging failures and risks. Data also drives confident and cost-effective maintenance decisions. Integrations with APM or ERP further streamline maintenance, purchase and financial processes. Organizations in these stages adopt long-term strategic asset management plans. Business analytics help organizations optimize resources to achieve financial and operational excellence.
Built for growth
The EAM Maturity Model is a growth model. Grow your organization within its current stage or transcend into the next. The tailored model integrates functionalities related to maintenance, operations and EHS. Know where to start when it comes to scaling your business. Establish goals and outline the steps needed to achieve them.
More confidence
Your business relies on the healthy, predictable operations of your assets. Ultimo helps you manage that expectation with confidence.
Goals operational stage
Move from reacting to failures to being in control. Set up preventive maintenance and proactively own your moment of maintenance. Enable operations and EHS to support maintenance activities.
Goals tactical stage
Set clear KPI's to track maintenance and asset performance. Root cause and failure analysis bring deeper insight into maintenance requirements. Integrate OT/IoT to enhance your data. Optimize collaboration with EHS.
Goals strategic stage
Integrate APM and ERP to add more value to your data and create actionable insights. Keep track of asset health and performance in powerful BI dashboards. Enable optimal collaboration between maintenance, operations and EHS.
Goals ultimate stage
Add value to the entire lifecycle and work towards long-term asset planning. Align business objectives and sustainability goals with financial optimization. Extensive business analytics capabilities support the push for operational excellence.
Ultimo powers organizational growth
Whether you are looking to optimize within your current maturity stage or elevate your asset management to a higher stage, Ultimo supports you every step of the way. Scale to new heights with our best-of-breed EAM solution.
Love notes from top notch companies
Working smarter with Ultimo Premium saves us at least 1 FTE in time, because all asset data are recorded, and we no longer have to search for missing maintenance and service or quality data.”
Even with just the improvements in purchasing alone, we are already looking at an annual savings potential of 5% of our purchasing volume.”
The FMECA strategy in Ultimo has helped us reduce the downtime by 40% and realize considerable cost savings.”
The flexible configuration options of the software make it possible to adapt it to your own processes. That makes it very user-friendly.
We were able to realize a Return on Investment in Ultimo within two years.”
We earned back the total costs of implementing Ultimo within six months”
