How to maximize the value of your EAM upgrade
Enterprise Asset Management + Cordant™ Asset Performance Management deliver a clear strategic advantage
Bridging the gap between asset strategy, health, and work management
Asset-intensive industries face relentless pressure to enhance operational efficiency, maximize asset performance, and ensure sustainable practices. With many organizations having access to similar assets and talent pools, competitive differentiation stems not from what assets are owned but from how effectively they are managed.
Organizations have traditionally used two key types of systems to manage their assets: Enterprise Asset Management (EAM) and Asset Performance Management (APM). Each of these systems plays a pivotal yet distinct role in ensuring assets are effectively maintained to deliver the optimal balance of performance, cost, and risk.
What EAM systems deliver
EAM systems support the efficient execution of maintenance activities and the management of associated asset data. Its core functions support organizations in managing work orders, planning and scheduling routine and corrective maintenance tasks, managing spare parts inventory and materials procurement, and ensuring compliance. An EAM can also serve as a system of record for an organization’s assets and the history of work performed on them.
Why regular EAM updates matter
For EAMs to be effective, the data and asset strategies within must be kept up to date, and the systems themselves must be updated regularly to take advantage of the latest features and advances in areas like analytics and AI. EAMs and work execution should also form part of a comprehensive approach to asset management.
This is where Cordant™ Asset Performance Management comes into play—connecting Cordant™ Asset Strategy, Cordant™ Asset Health, and work execution into a single, Integrated APM approach built on the Cordant platform overview.
EAM systems handle the tactical side—work orders, maintenance scheduling, spare parts inventory, and compliance tracking. They serve as your system of record for assets and work history. APM systems like Cordant™ provide the strategic layer, integrating asset health monitoring, maintenance strategy optimization, and defect elimination to help you balance performance, cost, and risk across your entire operation.
Upgrading an EAM system provides a modern, reliable foundation for trusted asset data, enabling better maintenance, reliability, and operational decisions while creating a critical opportunity to clean, standardize, and govern master data. With reliable data and modern integration to analytics and AI, organizations can reduce downtime and unnecessary work, scale best practices across the enterprise, and prepare for future innovation as well as evolving regulatory, ESG, and workforce demands.
Cordant™ APM works alongside your EAM to create a comprehensive asset management approach. While your EAM continues handling work execution efficiently, Cordant™ adds integrated asset health monitoring, strategy optimization, and defect elimination—connecting what you know about asset condition to how you plan and execute maintenance work.
Traditional siloed systems mean asset health data, maintenance strategies, and work execution aren’t connected. An integrated approach ensures maintenance strategies stay aligned with actual asset conditions, work priorities reflect real-time health data, and organizations can continuously optimize based on performance feedback—reducing unplanned downtime and maintenance costs while improving asset reliability.