PLANO, Texas - Invensys Operations Management today announced that its flagship Avantis.PRO enterprise asset management (EAM) software is now more tightly integrated with Microsoft Dynamics AX enterprise resource planning (ERP) software. The integration of these software packages provides a solution that ensures financial and enterprise-planning decisions are made using timely, reliable information about the health and operation of all assets within a manufacturing facility or organization.
“As manufacturers seek to drive more and more value from their existing assets, EAM technology is becoming increasingly more strategic to their business and is equally strategic to ours,” said Mike Ehrenberg, distinguished engineer, Microsoft Corp. “The Avantis.PRO EAM software from Invensys has a stellar reputation for quality and for the service that stands behind it. Together with Microsoft Dynamics ERP, we strengthen the combined value we deliver to our customers, providing a powerful, easy-to-use asset optimization solution that can grow and change with them for many years to come.”
The software integration can be easily implemented, and it supports enterprise planning and decision making, improves financial and operating controls and facilitates interdepartmental collaboration. Expected benefits include:
- Greater enterprise-wide data access, which improves asset availability and utilization by providing financial systems with timely access to asset-related data, such as maintenance planning and schedules, projected failure rates and equipment service histories.
- Seamless coordination and automation of business processes.
- Faster, easier connectivity through the use of predefined connections and standards-based integration concepts and frameworks.
- Lower costs, by implementing a scalable, out-of-the-box solution that can be upgraded as the business requires.
- Higher reliability, based on implementation of proven, heavily tested software from trusted sources.
“EAM systems can provide demonstrable results in a relatively short time frame,” said Bill Polk, director of research at AMR Research, in the June 2009 AMR research report "Asset Management Algebra: EAM = ROI." “In today’s environment, where budgets are tight and freeing up or conserving working capital is paramount, developing and implementing a robust EAM solution can help deliver incremental profit to the bottom line.”
