Our position in the quadrant confirms our strong offer to the market: a comprehensive out-of-the-box solution, market-driven adaptability and centralized integration capabilities make Ultimo one of the most robust EAM solutions on the market today.
In this second of three blogs, I will discuss the Verdantix Green Quadrant EAM Software Report and outline the five key characteristics that a well-balanced EAM solution offers to organizations looking to optimize their enterprise asset management practices.
Uniquely Ultimo
There are many different software solutions that will help an organization with their asset management. Small-sized computerized maintenance management systems (CMMS) can offer attractive prices, but often lack functionality. Large EAM vendors offer contracts where all modules are included, but you may run the risk of paying for functionality you won’t use or need. Companies that want to benefit from EAM optimally should aim to find the sweet spot when it comes to functionality versus costs. These are the five characteristics of a well-balanced EAM solution:
- User experience at the heart of everything
They day-to-day users are the most important proponents of a good EAM tool. In order to ensure swift adoption and fast return on investment, the user experience needs to be of the highest level. A happy worker that can quickly gain a high level of proficiency with a tool is much more productive than an unhappy user who is frustrated by his EAM solution. With most industries facing severe labor shortages, this offers exceptional opportunities to gain a competitive edge. Ultimo is designed with the user in mind. Its intuitive design takes minimal getting used to and offers maximal flexibility to the user. Through personalization and configuration, everyone can tune Ultimo to their liking. This user focus ensures fast deployment and high acceptance across all industries. - Transparent pricing and implementation
A CMMS can be less costly, but doesn’t offer comprehensive functionalities your organization relies on more and more as it matures. Big EAM vendors offer all the modules you can dream of, but you often end up paying for functionality that you don’t use. It is important to find an EAM solution that has all the functionalities you want at a transparent and affordable price. As Verdantix outlines, Ultimo ‘provides a tiered subscription plan with ranging levels of implementation, eLearning and post-implementation support , along with optional expanded capabilities, such as the EHS module.’ With Ultimo, the value you get from your EAM is apparent within the first few months. The tiered pricing model is especially interesting for mid-sized organizations looking for an affordable and scalable platform that does not compromise on functionality. - Invaluable insights
EAM systems can offer tremendous insight into your organization’s assets, their health and performance. The data that is captured in the system has the potential to transform your business and add tremendous value to your asset lifecycle. Ultimo brings direct insight to the forefront of the organization. Benefit from data-driven decision making where it matters most. Whether you’re capturing the observations of the frontline operators, empowering the maintenance teams or minimizing unnecessary stock in the warehouse, Ultimo supports every step in the asset lifecycle. - Consistency and contractors
The labor crunch weighs heavily on most industries. More and more, organizations have to rely on contractors to fulfil maintenance requirements. A good EAM solution therefore allows external laborers to collaborate with your workforce. Ultimo is the perfect platform for this. Different user types and an intuitive user interface make it easy for anyone to put the platform to work. Ultimo integrates contactors seamlessly into the workflow. This allows organizations to maintain consistency throughout, even when relying on third-party resources. - Global player with regional expertise
A good EAM solution incorporates local legislation, regional laws and industry challenges. A great EAM solution goes above and beyond, to also support global ambitions. Ultimo serves thousands of customers across the globe. It also has strategic partnerships in all major continents. This allows Ultimo to expand its reach and deepen its expertise in region-specific enterprise asset management needs. The services offered by Ultimo are aligned with all major compliance standards and demands. Customers get the guarantee of a premium global product with the dedicated support of our regional presence.
Conclusion
Verdantix has rightfully labelled Ultimo a Leader in its Green Quadrant EAM Software Report. IFS Ultimo truly offers a best-of-breed EAM solution ready to support enterprises in maximizing the value they gain from their asset throughout the entire asset lifecycle. If you’re looking to elevate your asset management strategy and drive operational excellence, now is the time to explore what Ultimo can offer your organization.
To dive deeper into the capabilities of Ultimo, download the full Verdantix Green Quadrant report to understand the competitive landscape and see why Ultimo ranks among the leaders. Make sure you attend our webinar with Verdantix on January 22nd for valuable insights and best practices. (link naar webinar) Or better yet, book a demo to experience Ultimo’s powerful features firsthand and discover how this top-tier EAM solution can transform your asset management approach.
Frequently Asked Questions
If your organization utilizes capital-intensive assets, IFS Ultimo’s best-of-breed EAM is an invaluable tool for optimizing your asset management. Ultimo excels in manufacturing, logistics, healthcare, infrastructure and utility sectors.
Ultimo excels at managing manufacturing, logistics, healthcare, infrastructure and utility-related assets. The scope of the system is also perfectly suited to combine two or more industry solutions, to make sure all assets within your organization benefit from our best-of-breed EAM product. We even optimize asset management for the BEAT Cycling team in the Netherlands and the AJ Foyt Indy 500 racing team in the United States.
IFS Ultimo offers clarity about your assets, in terms of hierarchy, relation and location. By registering all relevant information about your assets, you build towards a greater understanding of your assets, which will bring you the insight needed to take well-informed decisions to extend their longevity and improve their availability.
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