2. Eptura Asset
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Eptura Asset is a modern, cloud-based asset management solution designed to help organizations maximize asset performance, reduce downtime and streamline maintenance operations. Built for flexibility, it supports a wide range of industries, including manufacturing, logistics and facilities management. Eptura enables teams to manage the full asset lifecycle-from acquisition and utilization to maintenance and retirement-while improving technician efficiency and cost control.
Key Features:
- Asset utilization: Track usage and performance to optimize asset deployment.
- Preventive maintenance: Schedule recurring maintenance to reduce breakdowns and extend asset life.
- Work Order management: Create, assign and monitor maintenance tasks with real-time updates.
- BIM viewer: Visualize asset data in 3D models for better planning and spatial awareness.
- Vendor management and invoicing: Manage external service providers and streamline billing.
- Inventory control and purchasing: Track parts, manage stock levels and automate purchase orders.
- Downtime tracking: Monitor and report on asset downtime to identify trends and reduce disruptions.
Plans and Pricing
Eptura offers tiered pricing plans:
- Advanced: Includes asset tracking, inspections, inventory and preventive maintenance.
- Power: Adds downtime tracking, automated task management and advanced integrations.
Pricing is customized based on organization size, features and deployment needs.
Pros and Cons
Pros
- Intuitive interface and fast implementation
- Strong asset visibility and lifecycle tracking
- Scalable for multi-site operations
Cons
- Limited offline functionality
- BIM viewer and advanced features are only available in higher-tier plans
3. IBM Maximo
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IBM Maximo is a powerful enterprise asset management (EAM) platform designed for large organizations with complex infrastructure and integration needs. It offers deep functionality across asset tracking, maintenance analytics and system integrations, making it a preferred choice for businesses seeking a robust and scalable solution. Maximo supports both cloud-based and on-premise deployments, with flexible configuration options tailored to enterprise environments.
Key Features
- Asset lifecycle management: Manage assets from acquisition to retirement with full visibility.
- Maintenance workflow automation: Streamline work orders, approvals and scheduling.
- Compliance and risk management: Track regulatory requirements and reduce safety risks.
- System integrations: Connect with ERP, IT, IoT sensors and enterprise software.
- Asset information management: Centralize asset data, history and documentation.
- Maintenance analytics: Use AI to detect patterns, predict failures and optimize resources.
Plans and Pricing
Maximo offers three SaaS tiers:
- Essentials: Entry-level EAM with mobility and inventory tools.
- Standard: Full Maximo suite with predictive maintenance and integrations.
- Premium: Custom configurations for complex enterprise needs.
Pros and Cons
Pros
- AI-powered insights and automation
- Deep integration ecosystem
- Strong mobile and offline capabilities
Cons
- High cost of ownership
- Complex implementation for large enterprises
4. Hexagon EAM (Formerly Infor EAM)
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Hexagon EAM is a strategic enterprise asset management platform designed to help organizations move from reactive to predictive maintenance. With over 30 years of innovation, it offers advanced tools for asset visibility, energy management and operational efficiency. Organizations in manufacturing, utilities and the public sector use Hexagon EAM as a cloud or on-premise solution to manage enterprise assets and operations.
Key Features
- Asset maintenance management: Schedule and track maintenance tasks to reduce downtime.
- Compliance and risk management: Ensure regulatory compliance and mitigate operational risks.
- Preventive maintenance: Automate recurring maintenance to extend asset life.
- Energy operation management: Monitor energy usage and optimize sustainability.
- Cost optimization: Analyze asset costs and improve budgeting accuracy.
- Asset visibility and analytics: Gain real-time insights into asset performance and health.
Plans and Pricing
Hexagon EAM offers cloud and on-premise deployment options, with pricing based on:
- Number of users and modules
- Deployment model
- Industry-specific configurations
Pricing is customized and available upon request.
Pros and Cons
Pros
- Strong analytics and IoT integration
- Flexible deployment options
Cons
- Learning curve for advanced features
- Customization may require professional services
Benefits of Using Asset Management Software
1. Reduced equipment downtime and operational costs
Businesses automate preventive maintenance and track asset health to avoid unexpected breakdowns and reduce costly emergency repairs. This proactive approach ensures smoother operations and lowers maintenance expenses over time.
2. Improved asset visibility and utilization
Teams use centralized data and real-time tracking to gain complete visibility into asset location, condition and usage. These insights help eliminate redundancies, optimize resource allocation and ensure assets operate at their full potential.
3. Accurate forecasting for maintenance and replacements
Teams use historical data and performance analytics to forecast maintenance schedules and plan asset replacements more accurately. These insights support long-term budgeting and help reduce the risk of operational disruptions.
4. Streamlined compliance and audit reporting
Digital logs and automated reporting simplify compliance with industry regulations and internal audits. Organizations can easily access inspection records, maintenance history and safety documentation when needed.
5. Better cross-team collaboration with centralized data
Asset management software breaks down silos by providing a single source of truth for all asset-related information. Maintenance teams, finance departments, engineers and operations managers can collaborate more effectively using shared data and insights.
How to Choose the Right Asset Management Software
Selecting the best asset management software depends on your organization’s unique needs, goals and infrastructure. Here are key factors to consider during your evaluation:
- Type and number of assets to manage
Consider the complexity and volume of assets, whether you're tracking IT equipment, machinery, vehicles or facilities. Some platforms are better suited for high-volume, multi-site environments.
- Company size and growth potential
Choose a solution that scales with your business. Small teams may benefit from lightweight tools, while growing enterprises need robust, configurable platforms.
- Budget and total cost of ownership
Look beyond monthly fees, factor in implementation costs, training, support and potential add-ons to understand the full investment.
- Cloud vs. on-premise deployment
Cloud-based systems offer flexibility and remote access, while on-premise solutions may provide more control and customization for regulated industries.
- Integration needs
Ensure the software integrates with your existing ERP, finance and maintenance systems to streamline workflows and data sharing.
- User experience and ease of adoption
A clean interface and strong onboarding resources reduce adoption barriers and improve long-term usage.
- Vendor reputation and customer reviews
Research vendor reviews, case studies and support offerings.
- Strong customer support
A responsive and knowledgeable support team can make a significant difference in your success.
Explore Accruent Asset Management Software
The right asset management software does more than track work orders. It keeps operations running, reduces downtime and helps businesses scale efficiently. Every organization has different needs, making features, pricing and scalability critical factors in the decision-making process. A system that fits today should also support long-term growth.
Accruent offers a robust, flexible EAM solution for businesses that demand reliability and efficiency and want to stay ahead. Explore the possibilities and see how Accruent can transform asset management. Book a demo today!
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