Optimize Your Asset Lifecycle with SAP Intelligent Asset Management
Predict operational problems before they occur.
Asset management requires ongoing assessments and flexible, predictive planning. Your teams need a tool that provides a unified solution for asset operations, maintenance, and performance management — a tool that also optimizes along cost, availability, and production.
SAP’s Intelligent Asset Management (IAM) is that tool. IAM enables you to manage assets through collaborative asset intelligence, planning, prediction, and simulation.
This enables you to use advanced technology like machine learning and real-time data from IoT-enabled smart assets to inform your entire supply chain — without headaches around implementation and execution.
With SAP’s Intelligent Asset Management, you can:
Continuously improve processes
Predict outcomes
Enable cost control along asset lifecycles
Collaborate across networks
Offer differentiated services
Generate new revenue streams
Develop new ways to compete in and disrupt your industry
Manage the entire lifecycle of your physical assets
Intelligent Asset Management helps your
organization improve your ongoing operations.
IAM equips teams to work together in real time with process-friendly integrations and up-to-date analytical insights.
This leads to defined asset maintenance and service strategies that keep your business improving.
- Reduces risks to people and the environment with proper asset maintenance
- Optimizes assessment of maintenance needs (reliability, risk, or performance) delivers recommendations for all proactive maintenance work
- Facilitates exchange of master data and maintenance work planning for assets when interacting with contractors, engineering companies, or manufacturers
- Reduces purchasing spend and holding costs with Integrated inventory planning and optimization for maintenance and spare parts
- Complete knowledge about assets to ensure planners, reliability engineers, and algorithms have the needed information to develop the best maintenance plan and perform work properly the first time
- Detailed planning and tracking to ensure the best person with the right skills and correct parts performs a completely prepared job at the optimal time
- Continuous improvement of future asset maintenance and performance plans based on automated feedback and analysis of failures, performance, life span benchmarking, and other insights
How SAP S/4HANA® works with SAP IAM
SAP S/4HANA is a powerful, intelligent ERP system that enables full technological transformation for enterprises. SAP S/4HANA can deploy in full public cloud mode or a hybrid on-premise/cloud hybrid. SAP S/4HANA and SAP IAM work together to ensure:
- Asset operations and maintenance delivery, a key innovation with SAP S/4HANA Cloud and SAP S/4HANA
- Ongoing SAP support and, where appropriate, cloud innovations available as on-premise solutions to provide flexibility and choice
- Standard bidirectional and near-real-time integration for SAP Intelligent Asset Management with SAP S/4HANA
- SAP S/4HANA Cloud and SAP ERP 6.0. In the future, more advanced process integration will be offered for SAP S/4HANA and SAP S/4HANA Cloud that will not be down ported to SAP ERP 6.0, mainly because new user interfaces and processes with SAP S/4HANA will be optimized to work with, but not requiring, the SAP Intelligent Asset Management solutions that support asset performance management
- A system of record for cloud-based maintenance execution that merges APM and operational processes.
- Ability to set asset central foundation as system of record for data elements
- Clean data maintenance beyond standard data validations with SAP Master Data Governance, an EAM extension by Utopia on SAP S/4HANA
Strategic Advisory and Execution for EAM Excellence
Rizing partners with enterprises to accelerate digital transformation in Enterprise Asset Management. Our team conducts comprehensive digital readiness assessments, builds strong business cases, and enables digital adoption through proven methodologies.
We apply design thinking and rapid prototyping to drive innovation and deliver EAM digital core solutions, complemented by accelerators and advanced products. With robust data management practices, we ensure your organization is equipped to achieve operational excellence and realize measurable business value.
Our Approach to System Integration
Our integration approach ensures seamless connectivity and real-time data exchange across systems. We align data models and leverage public APIs from the Asset Central Foundation, supported by a robust message infrastructure using Kafka events and an event bus for publishing to external systems.
Real-time business events are triggered through a SAP-developed mobile add-on that manages changes to asset master and transactional data in SAP ERP. Open REST APIs provide end-to-end connectivity, with optional use of SAP Cloud Platform Integration for added flexibility.
Asset Management Health Check
We help you identify asset maintenance issues before they disrupt production. Our Asset Management Health Check provides a clear view of process effectiveness and supports the long-term health of your assets.
This service works with any EAM software or even if you have not implemented one yet. It delivers measurable benefits by improving cost visibility, reducing downtime, extending asset life, enabling smooth personnel transitions, and creating efficient systems that ease the burden on maintenance teams.