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Software Functionality Revealed in Detail
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 roi preventive maintenance costs

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 » roi preventive maintenance costs

Maintenance Tips For Improved Profits: Creating the Business Case to Invest in Automation


Does it really make sense to spend money to save money? The answer may surprise you when it comes to maintenance of large capital assets including Facilities, Fleet, Plant Equipment and yes, even computers. It makes even more sense when you consider that today more and more companies are adding a new line item in their financial statements called "Deferred Maintenance Revenue Write Down". A lack of preventive maintenance affects the shareholders of all companies due to aging assets and reactive maintenance practices. A complete preventive maintenance program consisting of better business practices and a simple tool such as a Computerized Maintenance Management Software (CMMS) or Enterprise Asset Management (EAM) package can streamline the process and result in immediate savings in both time and money. So how do you justify the initial investment and where can the cost savings be seen across the enterprise?

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Computerized Maintenance Management Systems: A Tutorial Part Two: Benefits and Interfaces


A CMMS is an excellent business opportunity whose implementation can significantly improve operations, reduce equipment downtime, increase accountability of the maintenance functions, and produce substantial financial savings. Read on to learn how this can be accomplished.

roi preventive maintenance costs  of return on investment (ROI) will depend on your company. However, with your detailed knowledge of the company, these benefits may be just the tip of iceberg. This is Part Two of a two-part note. Part One discussed the Challenges and Features of a CMMS. Interfaces Depending on what applications you have installed and how seamless you want a CMMS to fit into your systems architecture, the complexity and number of interfaces can be significant. The chart below lists potential interfaces by functional Read More

SAP Upgrade Success Story


Gruppo Tosinvest is by no means a single-process company. Beside a core focus on health care, it also runs businesses in the media, real estate, financial services, and engineering and construction sectors. With such an array of processes, controlling IT costs is of utmost importance. That’s why it decided to upgrade the enterprise software it had been running since 2001.

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Automated Enterprise: Many High-ROI Opportunities


An automated data center promises to self-configure, self-optimize, and self-protect. When looking to implement an automated data center, one must consider best practices in user and resource provisioning, infrastructure availability, and user management. Doing so will allow automated data centers to expedite the automation processes in IT operations and administration; virtualization and provisioning; security; and availability.

roi preventive maintenance costs  of Orlando-based Alinean, the ROI consultancy helping CIOs, consultants, and vendors assess and articulate the business value of IT investments. He can be reached at tpisello@alinean.com . Read More

CAD-centric PLM, ERP-centric PLM, and Organic PLM: What's Right for You? - Part 3


Part 1 of this blog series started with the assertion that product lifecycle management (PLM) solutions are becoming increasingly important to enterprises in a strategic sense. However, not all PLM products are created equal, especially in light of their different origins. I then explored the advantages and weaknesses of the first group of PLM solutions: those coming from stalwart

roi preventive maintenance costs  clear  return on investment (ROI)  and a PLM implementation often means a compartmentalized  product data management (PDM)  implementation in an engineering department, with not many instituted collaborative PLM processes across other departments and trading partners. My post concluded that in spite of the elusive benefits from PLM collaboration, switching from one PLM system for another one (regardless of its CAD or ERP origin) in a rip-and-replace manner will not necessarily solve most of the Read More

Cloud Delivers 1.7 Times More ROI


Companies continue to invest in cloud applications because of low upfront cost and faster time to deployment, but those are not the only reasons to move to the cloud. Beyond their initial payback, Nucleus Research found that cloud applications deliver 1.7 times more return on investment (ROI) than on-premise ones, largely because four out of five cloud deployments deliver increasing benefits over time. Download research note.

roi preventive maintenance costs  Delivers 1.7 Times More ROI Companies continue to invest in cloud applications because of low upfront cost and faster time to deployment, but those are not the only reasons to move to the cloud. Beyond their initial payback, Nucleus Research found that cloud applications deliver 1.7 times more return on investment (ROI) than on-premise ones, largely because four out of five cloud deployments deliver increasing benefits over time. Download research note. Read More

Enterprise Payback: Qualitative and Quantitative Factors in the ROI Equation


The requirement that enterprise software vendors deliver a measurable return on investment (ROI) has never been greater than right now. Customers are demanding that ROI analysis be a critical factor in their decisions to acquire new enterprise software. Without a demonstrable return, few customers are willing to invest scarce capital and human resources in new enterprirse software. A more complete analysis of return can be had by looking at the overall payback that enterprise software can offer to a company. Enterprise software payback includes not only quantifiable improvements in bottom and top line functionality, but also more qualitative measures-—such as new business opportunities, improved customer and partner relations, and improved time to market—-that contribute significantly to the success of a company's enterprise software implementation and use.

roi preventive maintenance costs  Quantitative Factors in the ROI Equation The requirement that enterprise software vendors deliver a measurable return on investment (ROI) has never been greater than right now. Customers are demanding that ROI analysis be a critical factor in their decisions to acquire new enterprise software. Without a demonstrable return, few customers are willing to invest scarce capital and human resources in new enterprirse software. A more complete analysis of return can be had by looking at the overall payback Read More

How to Cut Costs in the Cloud


The success or failure of spend and savings initiatives depends largely on the purchasing processes and technology platforms that support them. To ensure success, organizations need to build a flexible foundation that can adapt to savings measures as needed. Discover five best practices for spend management, inspired by innovations in cloud computing, and learn how they can help your company save money.

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Global Asset Sustainability: Breakthrough Lean Best Practice Counters Rising Energy Costs


Leading companies are reducing energy consumption and costs as a top-priority initiative—with benefits ranging from more efficient operations to increased shareholder value, improved environmental conditions, and new market opportunities. A global asset sustainability approach will give you opportunities to further lower costs while ensuring reliable operations in all your properties, plants, and equipment. Learn how.

roi preventive maintenance costs  Asset Sustainability: Breakthrough Lean Best Practice Counters Rising Energy Costs Infor EAM Asset Sustainability Edition has redefined asset management from a solution that helps you maintain and extend the life of your assets to a solution that also can help you lower costs by reducing energy consumption. Source : Infor Resources Related to Global Asset Sustainability: Breakthrough Lean Best Practice Counters Rising Energy Costs : Sustainability (Wikipedia) Global Asset Sustainability: Read More

Case Study: Customers Seeing ROI




roi preventive maintenance costs  Study: Customers Seeing ROI Read More

Maintenance Connection Onsite/Online: CMMS – EAM Competitor Analysis Report


The EAM knowledge base is geared toward groups that need to analyze requirements for a system, which supports maintenance management tasks. Asset management systems typically enable planning, controlling, and monitoring of physical asset events. This knowledge base includes criteria for comparing general computerized maintenance management system (CMMS) functionality, fleet maintenance, workflow, reporting, and other areas that touch upon asset management practices.

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Lowering Your IT Costs with Oracle Database 11g Release 2


New versions of database software and operating systems (OSs) come out regularly. In the past, upgrading the database and OS for individual environments has been very expensive and a never-ending job—by the time all the business systems are upgraded, it’s time to start again. This white paper discusses Oracle Database 11g Release 2, which reduces the cost and risk associated with making these changes.

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The Quest for Leaner Asset Management: Interoperablility with ERP, GIS and HMI/SCADA Enables Maintenance Management Systems to Achieve Higher Levels of Efficiency and Increased Asset Output


Managers of maintenance systems continually strive for leaner, more optimized work flows. This white paper presents the benefits achieved by interoperating with enterprise resource planning (ERP), geographic information system (GIS), and human machine interface (HMI) and supervisory control and data acquisition (SCADA) systems. The paper also presents the different approaches that organizations are taking to address the interoperability challenge.

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A Guide to Evaluating the Real Costs of an Open Source CMS


A common misconception when considering a Web content management solution (CMS) is that open source software will save you time and money. Just because you don’t have to pay subscription fees or shell out for licensing doesn’t mean there aren’t hidden costs with open source implementation. Find out the questions you should ask before choosing open source—and how to best evaluate and compare your CMS options.

roi preventive maintenance costs   Read More