Authors
Maximizing Asset Performance with IFS Cloud EAM: The Future of Enterprise Asset Management
Kevin Price, Global Head of Enterprise Asset Management at IFS
Bryan Ward, Head of Sales at Gogh Solutions
Enterprise Asset Management (EAM) is no longer just about maintaining assets—it’s about maximizing efficiency, extending asset life, reducing costs, and ensuring compliance. Businesses in asset-intensive industries—such as utilities, energy, manufacturing, and transportation—must have a strategic approach to asset management to stay competitive. That’s where IFS Enterprise Asset Management (IFS Cloud EAM) comes in, delivering best-in-class functionality to help organizations optimize asset performance and drive long-term operational success.
The Key Benefits of IFS Cloud EAM
Proactive Maintenance for Reduced Downtime
Unplanned downtime is costly. IFS Cloud EAM provides predictive and preventive maintenance capabilities, leveraging real-time IoT data, AI-driven analytics, and historical trends to anticipate potential failures before they occur. This reduces unexpected breakdowns, extends asset life, and ensures assets are available when needed.
Increased Asset Lifecycle Visibility
Managing an asset’s entire lifecycle—from acquisition and usage to maintenance and decommissioning—is crucial for making informed decisions. IFS Cloud EAM offers full lifecycle tracking, helping organizations optimize capital investments, reduce total cost of ownership (TCO), and ensure regulatory compliance.
Intelligent Work Order and Scheduling Optimization
IFS Cloud EAM streamlines work order management by integrating with scheduling tools to assign the right technician with the right skills, tools, and parts. This minimizes inefficiencies and improves first-time fix rates, reducing operational bottlenecks.
Connected Supply Chain for Parts and Inventory Management
One of the biggest challenges in asset-heavy industries is ensuring spare parts availability without overstocking. IFS Cloud EAM integrates supply chain visibility, ensuring organizations have the right parts in the right place, reducing excess inventory while avoiding delays due to shortages.
Regulatory Compliance and Sustainability
Compliance is non-negotiable, especially in industries governed by strict regulations. IFS Cloud EAM includes audit-ready compliance tracking, helping businesses adhere to environmental, safety, and industry regulations while aligning with sustainability initiatives like ESG reporting.
Mobile-First and Cloud-Enabled for Field Efficiency
With today’s mobile workforce, technicians need on-the-go access to asset data, work orders, and manuals. IFS Cloud EAM provides a mobile-friendly interface, allowing field workers to update asset statuses, capture images, and log work details from anywhere—improving accuracy and response times.
How IFS Cloud EAM Fits into the Composable IFS Cloud
The true power of IFS Cloud EAM lies in its integration within the IFS Cloud solution. Unlike rigid, siloed EAM solutions, IFS Cloud is composable, meaning organizations can tailor their EAM solution to fit their specific needs. Businesses can seamlessly extend EAM functionality with Field Service Management (FSM), Enterprise Resource Planning (ERP), and Customer Relationship Management (CRM)—all within a single, unified platform. This flexibility ensures that companies can scale, adapt, and innovate without being locked into a one-size-fits-all system.
By leveraging IFS Cloud’s composability, organizations can integrate EAM with other critical business processes, ensuring real-time collaboration, data-driven decision-making, and a truly connected enterprise. Whether you’re managing thousands of assets across multiple locations or seeking to optimize your field service operations, IFS Cloud EAM in IFS Cloud provides the agility and intelligence needed to stay ahead.
Ready to Future-Proof Your Asset Management?
IFS Cloud EAM isn’t just about keeping your assets running—it’s about driving smarter, more strategic asset decisions that enhance efficiency, cut costs, and deliver long-term value. With IFS Cloud’s composable architecture, your business gains the flexibility to adapt and grow—ensuring your asset management strategy remains as dynamic as your business needs.
Why Gogh Solutions is the Right Implementation Partner
Choosing IFS Cloud is a game-changer, but successful implementation determines ROI. Here’s why leading organizations trust Gogh Solutions:
- Industry Experts with 25+ Years of Service Excellence – We specialize in telecom, utilities, manufacturing, and oil & gas.
- IFS Gold Channel and Services Partner – A recognized leader in IFS Cloud implementations.
- Seamless Integration & Tailored Approach – We connect IFS Cloud to existing ERP, CRM, and FSM tools, ensuring a smooth transition.
- Proven ROI & Future-Proofing – We help companies gradually adopt IFS Cloud functionalities, minimizing risks and maximizing value.
Let’s talk about how IFS Cloud EAM can transform your operations. Gogh Beyond with IFS!
