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December 6, 2023In the technology sector, the terms "CMMS" and "EAM" are often used interchangeably, given that both refer to applications utilized by enterprises for asset management. However, it's essential to discern distinct variations in scalability and functionality between the two.
According to Gartner's Market Guide for Enterprise Asset Management Software, the definitions are as follows:
Enterprise Asset Management (EAM) is primarily employed by asset-intensive industries to optimize the maintenance and repair of industrial plants and equipment.
Conversely, a Computerized Maintenance Management System (CMMS) is tailored for small-scale, single-site applications, with comparatively less functionality concerning parts management and resource scheduling.
Regardless of the terminology used, effective maintenance and asset management remain indispensable capabilities for enterprises, ensuring the safety, productivity, and profitability of operations.
This blog post from IFS thoroughly explores the disparities between EAM and CMMS, elucidating how each application serves enterprises and emphasizing the significance of seamlessly transitioning from the maintenance-centric functionality of CMMS to the performance and data-centric efficiencies offered by EAM.
Read the full article from IFS here.