The traditional benefits of Enterprise Asset Management Software include:
Within the construction industry, EAM software has a more specific purpose due to the nuances of construction equipment, which include:
The rising utilization of rented equipment is the largest trend impacting EAM Software in the construction industry.
IronUp, the rented fleet management software platform, addresses many of the traditional weaknesses of EAM software when it comes to construction equipment. Ironup’s unique features, which include the ability to manage procurement, operations, billing as well as provide critical analytics around projects and assets, make it the ideal EAM software platform for construction equipment.
Note – EAM software for construction equipment often goes by the name CMMS for Construction Equipment.
With the rise of IoT and AI, EAM software is pushing forth into new capabilities as the platforms begin to focus on automated and predictive features. AI is elevating EAM software platforms to provide predictive insights, reducing human support, and proactively identifying asset failure.