Why EAMaaS?
A risk mitigation strategy for your enterprise asset management
Enterprise Asset Management as a Service (EAMaaS) is an all-inclusive asset management solution design and managed by Enterprise Asset Management experts to reduce risks and ensure availability of your critical systems.
With COSOL’s EAMaaS, you get best of breed EAM software – IBM Maximo Application Suite, related third party solutions, expert implementation know-how and managed support embedded in a fully managed solution.
EAMaaS - the foundations for the future of asset management
Asset management is set to become increasingly sophisticated, data-driven and integrated.
Digital technologies such as Artificial Intelligence (AI), Internet of Things (IoT), Machine Learning (ML), Digital Twin and data visualisation tools will deliver real-time, accurate insights about an organisations’ assets and operations to enable data-driven decisions. It will reshape how organisations monitor, maintain and optimise assets – making them more resilient, efficient and sustainable.
When these technologies are integrated with data as part of an asset information ecosystem, organisations can achieve a predictive and prescriptive maintenance model where AI and ML predict failures and prescribe the best and safest approach to avoid them from happening. It will enable your organisation to maximise the value of all assets throughout their lifecycle resulting in reduced cost, risk, unplanned downtime and waste, plus increased productivity, improved safety and the ability to meet sustainability and ESG goals.
COSOL’s EAMaaS provides the foundations you need to be ready for the future of asset management.
The benefits of EAMaaS
There are many benefits to using Saas, but most of them boil down to allowing your team to focus on their core competencies and businesses, as opposed to worrying about IT management. By transitioning to an ‘as a Service’ model, you can leverage market leading technologies in an environment that is always up-to-date without needing to hire expensive and difficult to find technical specialists.
Lower Cost of Entry
Simply, you only pay for what you need. You don’t need to buy expensive hardware or purchase any licences. Internal resources aren’t required to setup the hardware and install the software.
Accessibility
Accessible from anywhere at any time. Allows your employees to still be productive when they’re not in the office. Our included platform and end-user support provides peace of mind.
Reduced time to benefit
- Reduced time to upgrade
- Easily and quickly scale
- New technology and functionality readily available
- Expert advice whenever you need it
Superior Security
Many organisations find SaaS deployments to be more secure than hosting on-premises due to the economies of scale that cloud vendors can achieve—resulting in security expertise and capabilities beyond what most businesses can afford.
Reduced Costs Ongoing
- Save money on refreshing and upgrading IT hardware
- Internal resources previously dedicated to managing and maintaining the application and database can be refocused on more strategic priorities
- Upgrade for free whenever you want
- Easily scale up to meet business demands or take advantage of new technology/functionality
- Predictable costs
Reliability & Performance
Because SaaS contracts are governed by service level agreements that include application uptime commitments, responsibility for the ongoing tasks that keep your application operational and performing smoothly - such as performance monitoring and tuning, backup and recovery - rests solely with the service provider.
Talk to one of our software specialists
about your requirements
Software as a Service Delivery Model
This Software as a Service delivery model includes software licensing entitlements, installation and set-up to meet specific business requirements with extended end user support options available. This is in contrast to deploying software on premises, where you install software on local IT infrastructure and maintain both the software application and the related IT systems in house.
