EAM Technology Pitfalls: How to Avoid the Common Missteps
The EAM technology solutions available to the global industrial marketplace is at the point of supersaturation. Industry 4.0, IoT, Asset Performance Management, Cloud and Cognitive Computing are all promising solutions for helping your organization reduce risk, increase safety and improve reliability. In the right circumstances, these promises may be realized. However, these solutions are simply software and technology tools.
Prior to implementing or considering a new technology solution, organizations should ask the following:
- Have we completed an asset criticality ranking?
- Do we have an accurate asset hierarchy?
- If we do not have a current Master Asset List, have we determined what we define as an asset?
There's nothing more troubling than trying to determine 1-3 above during or after a software or technology purchase. Your organization may never realize the promised ROI.
What We Will Cover
This webinar will discuss how leading organizations can achieve improved asset reliability using technology solutions by avoiding common pitfalls.
Tim Guzman, GenesisSolutions
Tim Guzman is a Senior Account Executive with GenesisSolutions, An ABS Group Company. Tim’s role at Genesis is to assist asset-intensive organizations with their Enterprise Asset Management challenges, goals, and objectives through strategic planning. Focus areas in his career include Asset Reliability, Asset Lifecycle Management, IoT Operational Analytics technology solutions and services across the Power Generation, Utilities, and Manufacturing Industries. Tim studied Business and Communications at Southwest Texas and the College of Santa Fe.
For over a decade, Genesis Technology Solutions, Inc. (GenesisSolutions), the Asset Performance Optimization subsidiary of ABS Group, has been a market leader in asset reliability, asset maintenance