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Software Functionality Revealed in Detail
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 maintenance cost improvement roi

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Maintenance, Repair, and Overhaul (MRO) RFI/RFP Template

Maintenance Management, Customer Contracts (Agreements), Customer Orders, Customer Quotations, Work Orders, Product Technology 

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Documents related to » maintenance cost improvement roi

Software Evaluation, Selection, and Procurement Part Two: Recommendations for Improvement


Pursuing an alternative strategy for software evaluation and selection, based on the capital investment paradigm and the principles outlined in this article, is an effective method to mitigate implementation risk.

maintenance cost improvement roi  ongoing growth of functionality, maintenance fees, vendor viability risks, software upgradability, and hardware requirements. Often the cheapest software solution ends up being the most expensive over its lifetime. For example, one factor that significantly impacts the total cost of the solution is software customization. Modifying packaged software is strongly discouraged due to the high-cost and complexity in supporting and upgrading the software over time. Often the lowest priced software lacks Read More

Enterprise Applications: The Cost of Keeping Current… Or Not


During difficult times it may be tempting to postpone upgrades, treating them as discretionary or optional projects, when in fact they could very well provide a path to doing more with less. Return on investment (ROI) becomes even more important in a down economy. Find out why upgrading may be the most effective and direct way for your organization to increase productivity, improve customer service, and reduce costs.

maintenance cost improvement roi  | Services Cost | Maintenance Cost | Average Sunk Costs by Company Size | Soft Cost | Hard Cost | Fixed Cost | Sunk Costs Portion | Cost of Not Upgrading | Cost of Reimplementation | Value Added to the Business | Maximum Business Value | Business Processes | Oracle E-Business Suite on Demand | Oracle E-Business Suite Software | Oracle E-Business Suite Modules | Oracle ERP Implementation | Oracle on Demand | Oracle Release Upgrades | Oracle Consulting | Oracle Documented Best Practices | Key Takeaways and Read More

ERP ROI in Only 9 Months


Nucleus Research reports that NetSuite, a leading integrated Web-based business software suite, can deliver a positive return on investment (ROI) in fewer than nine months, by automating processes, boosting sales, increasing productivity, reducing or avoiding headcount, increasing data visibility, and retiring costly legacy systems. Learn how NetSuite business management software provides a positive ROI to businesses.

maintenance cost improvement roi  up front and collecting maintenance revenue thereafter. It also hosts and maintains them in its own data center, relieving customers of the costs of hardware, middleware, development, and power. Reduced license, implementation, and operational costs Because of low ongoing and initial costs, NetSuite has a lower total cost of ownership than most traditional ERP applications. Many customers that considered on-premise ERP applications such as Microsoft Dynamics, Oracle E-Business Suite, or SAP found that Read More

Reliability Driven Maintenance--Closing the CMMS "Value Gap"? Part Two: Reliability Driven Maintenance


Reliability driven maintenance (RDM) focuses on understanding the "asset health" to determine what maintenance work should occur and when something should be done. It enables preemptive intervention before failure occurs, whereby failure would mean that equipment is not delivering required performance regardless of whether it is actually broken down or not.

maintenance cost improvement roi  proactive and accept more maintenance cost in order to insure that the asset will not fail. Here, a time-based preventive maintenance strategy should work well. Finally, if both the cost of failure and the cost of maintenance are high, one needs to use RCM concepts and manage optimally the health of the asset to avoid failures while minimizing the maintenance cost. Only by selecting the most justified maintenance strategy one could expect optimally increased profits due to reduced costs (e.g., reduced Read More

End-user Performance: Building and Maintaining ROI


Software alone is not enough to make your business run more smoothly and cost-effectively. For software to deliver value to your organization, your users must have the skills to use it accurately and intelligently. With careful planning and the right process improvement tools, best-in-class businesses are creating performance cycles that establish user acceptance and understanding up front. Shouldn’t your business be one of them?

maintenance cost improvement roi  maintaining | performance building maintenance | performance building planning | performance building service | building techniques | business improvement | business improvement tools | business intelligence bi software | business intelligence bi solutions | business intelligence bi tools | business intelligence ROI | business intelligence solutions | business intelligence strategy | business intelligence tools | business intelligence white papers | business performance | business performance management Read More

Data Mining and Predictive Modeling for Condition-based Maintenance


Today’s military logistics agencies must sustain diverse fleets of costly, complex, and indispensible weapon systems and platforms. Modern predictive maintenance solutions can integrate with existing IT infrastructures to collect and transmit data from various platforms to a centralized condition-based maintenance (CBM) database. Learn more about how these solutions enable better-informed decisions regarding specific maintenance actions.

maintenance cost improvement roi  Predictive Modeling for Condition-based Maintenance Today’s military logistics agencies must sustain diverse fleets of costly, complex, and indispensible weapon systems and platforms. Modern predictive maintenance solutions can integrate with existing IT infrastructures to collect and transmit data from various platforms to a centralized condition-based maintenance (CBM) database. Learn more about how these solutions enable better-informed decisions regarding specific maintenance actions. Read More

Technology Hardware Maintenance-Acquiring and Managing Cost Effective Service


Hardware maintenance can represent a significant information technology cost, but options for managing that cost exist. If you analyze hardware maintenance from an enterprise perspective, you will identify those options and ensure the cost-effective delivery of those services.

maintenance cost improvement roi  negotiation effectively. Conclusion Hardware maintenance can represent a significant information technology cost, but options for managing that cost exist. If you analyze hardware maintenance from an enterprise perspective, you will identify those options and ensure the cost-effective delivery of those services. About the Author Peter E. Hennigan Mr. Hennigan''s experience includes more than twenty years in analytical, sales, financial and IT roles. As a Principal with Technology Contract Solutions (TCS) Read More

Maintenance Connection Onsite/Online for CMMS-EAM Certification Report


Maintenance Connection Onsite/Online (v. 5.0) is TEC Certified for online evaluation of computerized maintenance management system (CMMS)–enterprise asset management (EAM) solutions in the Asset Management Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

maintenance cost improvement roi  for CMMS-EAM Certification Report Maintenance Connection Onsite/Online (v. 5.0) is TEC Certified for online evaluation of computerized maintenance management system (CMMS)–enterprise asset management (EAM) solutions in the Asset Management Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, Read More

Driving Continuous Supply Chain Improvement and Savings


In the 40 or so years since the Toyota Production System first introduced the principle of sustainable elimination of waste in business, supply chains have never been under greater strain to remain cost effective. Read on to see how Waer solutions are supporting sustainable cost reductions and continuous improvement in the supply chains of two very large aerospace companies.

maintenance cost improvement roi  Continuous Supply Chain Improvement and Savings In the 40 or so years since the Toyota Production System first introduced the principle of sustainable elimination of waste in business, supply chains have never been under greater strain to remain cost effective. Read on to see how Waer solutions are supporting sustainable cost reductions and continuous improvement in the supply chains of two very large aerospace companies. Read More

Asset Management: The Changing Landscape of Predictive Maintenance


Uncertainty around an economic recovery is keeping capital and operational budgets tight. Companies are now using specific capabilities to predict asset failure in order to avoid costly downtime and reduce maintenance costs. Learn how, with this Analyst Insight report from Aberdeen Research.

maintenance cost improvement roi  Changing Landscape of Predictive Maintenance Uncertainty around an economic recovery is keeping capital and operational budgets tight. Companies are now using specific capabilities to predict asset failure in order to avoid costly downtime and reduce maintenance costs. Learn how, with this Analyst Insight report from Aberdeen Research. Read More

Capturing Project Cost in Project ERP


Most enterprise resource planning (ERP) software is not designed to effectively capture cost in a project-based environment, such as engineer to order, engineer procure construct, or services. This white paper covers organizational and technology barriers to capturing project cost, along with criteria for selecting the ideal ERP for effective project costing for your organization.

maintenance cost improvement roi  Project Cost in Project ERP Most enterprise resource planning (ERP) software is not designed to effectively capture cost in a project-based environment, such as engineer to order, engineer procure construct, or services. This white paper covers organizational and technology barriers to capturing project cost, along with criteria for selecting the ideal ERP for effective project costing for your organization. Read More

Rimini Street: The End of Full-price Software Maintenance Is Here!


In a recent press release, Rimini Street boldly declared the end of full-price software maintenance. The vocal and upbeat third-party software maintenance provider for various popular SAP and Oracle enterprise systems believes that a tipping point has finally been reached in the market for annual maintenance (certainly, the public cloud enterprise software providers have long been preaching even

maintenance cost improvement roi  End of Full-price Software Maintenance Is Here! In a  recent press release , Rimini Street boldly declared the end of full-price software maintenance. The vocal and upbeat third-party software maintenance provider for various popular SAP and Oracle enterprise systems believes that a tipping point has finally been reached in the market for annual maintenance (certainly, the public cloud enterprise software providers have long been preaching even the outright elimination of maintenance expenses in their Read More

New Dimensions in EC and SCM Part 5: E-Procurement for Process Improvement


From point-and-click ordering using Web-based catalogs of individual suppliers, to marketplaces that bring together in one place the products or services offered by multiple suppliers, to live auctions that determine the lowest-price bidder — there is a wide range of new e-procurement methods and tools to help businesses buy goods and services better, faster, and cheaper.

maintenance cost improvement roi  Dimensions in EC and SCM Part 5: E-Procurement for Process Improvement Executive Summary Every business is a purchaser as well as a supplier, with many routinely processing hundreds of buying activities daily. Typically, purchases represent 50 to 90% of a company''s cost structure - making procurement strategy and execution a critical lever for effective supply chain operations and superior business profitability. Electronic commerce offers exciting new possibilities for businesses to improve their Read More