IFS, Infor and Oracle are all popular Enterprise Asset Management (EAM) portions of Computerized Maintenance Management System (CMMS) solutions for businesses. Here are some of the ways that these three solutions compare:
The makers of IFS EAM CMMS promote this as a comprehensive enterprise asset management model with a “provable lifecycle approach” that will track assets through all stages of use and apply vital evaluations to help with predictive and preventative maintenance.
IFS EAM CMMS is also intended to make project management easier, with many available metrics to measure asset integrity, and the performance and maintenance status of fleet systems, components and heavy equipment.
The IFS EAM suite also includes a mobile platform to allow for better field use, so that managers or anyone with access can check reports or evaluate systems from wherever they happen to be.
Elements of the IFS system, like the Maintenance Repair and Overhaul (MRO) suite, evaluate maintenance lifecycles and warehouse information on warranties, costs to the company, and more. These tools can also help with maintenance execution, implement cost tracking, or enhance an invoicing process. Other modules focus on workforce management, human resources optimization, document management and business intelligence.
IFS EAM design contemplates preventive maintenance and how organized systems can help keep enterprise assets in good shape. Detailed planning tools help with operational planning and the management of disruption in business processes. Using visual analytics and sound dashboard designs, IFS helps companies to understand where they are at with asset management, and how to move forward.
There’s also a lot of functionality built into the IFS offering to provide data-driven solutions for assets. Modules in the IFS EAM system show how to use Key Performance Indicators in intelligent ways, and drag-and-drop functionality helps to implement data resources such as manuals.
Infor EAM CMMS
The Infor EAM system also places a premium on preventative maintenance and in maximizing uptime for business assets. To this end, Infor provides a lot of tracking tools and information portals on an industry-specific basis.
Infor’s strategic planning functionality works on the model of: Predict – Prevent – Profit.
By predicting what’s going to go wrong with pieces of equipment and other assets, Infor EAM users can pinpoint maintenance requirements. By pursuing preventative maintenance, the company can save money on repairs and drive other operational efficiencies.
Infor also cites specific types of uses for its EAM platform: customers can identify plants, assets, or production line assemblies that are likely to underperform. They can evaluate scheduling changes or other operational changes, to see what impact they may have on downstream processes. Infor EAM can help administrators to look at the availability of assets and what that means for the business, while “aligning assets to achieve strategic goals.” By increasing visibility with scorecards, dashboards and other analytics presentations, companies can work to improve processes in-house.
The Infor EAM CMMS system can contribute to radical changes in business models: Infor claims customers can see up to a 50% reduction in maintenance, labor and contractor costs, and a 20% reduction in downtime.
Infor EAM also helps customers to document client industry standards.
The EAM package from Oracle is built to serve many different industries with an asset lifecycle outlook.
Self-serve portals streamline the process of getting maintenance information into the right hands.
Oracle EAM offers fixed plan, mobile, infrastructure and linear evaluations, and highlights MRO models for financial planning. Real-time analytics get funneled into preventative maintenance schedules, and intelligent asset analytics contribute to a long-term best result.
Case studies show Oracle customers extending asset life by up to 30%, improving productivity and reducing equipment breakdowns.
Combining a variety of focus points, Oracle is another EAM CMMS system that offers a comprehensive way to manage the long-term maintenance needs of a business, and to pinpoint the real preventative maintenance that will help to optimize asset use. From a top brand in ERP and overall data handling software, Oracle EAM combines database-centered activities with other types of data tracking and analysis.
Ratings for IFS versus Infor versus Oracle
Another way to compare these platforms is to look at ratings from the SelectHub platform. In overall ratings, IFS and Infor get top ratings of 95 and 93 respectively, while Oracle trails at 86.
In specific SelectHub ratings aimed at individual functionality categories, IFS gets best marks on preventative maintenance, while Infor gets the high score for vehicle maintenance. Both are high on inventory management, with Oracle ranking slightly lower.
The IFS offering also scores best on project management, which goes back to its dedicated goal of increasing ease of use for project managers.
On business intelligence, Oracle is outpaced by the two other competitors.
Finally, SelectHub rates the technical capacity of all three platforms, with IFS getting 85, Infor getting 100 and Oracle scoring 50.
All of these systems can serve a modern enterprise in getting more of a handle on life cycle asset management, driving preventative maintenance, and making sure that the company is operating in all of the right ways. Look at these systems and compare them side by side to see what choice is best for a particular buyer.