| | August 201619CIOReviewAnacleSpecialists in EAM SolutionsAccording to a recent Market-sandMarkets survey, the EAM market is expected to grow from $ 3.15 Bn in 2016 to $ 5.24 Bn by 2021. This finding offers a bird's eye view on the current state of the global economy which is becoming increasingly dynamic and complex. Companies that are a part of this ecosystem are striving to manage their aging critical assets, and implement relevant methodologies and expertise in order to be competitive. "It is of utmost importance to ensure that the EAM so-lutions adopted by an organization do not correspondingly become difficult to implement and use," expresses Alex Lau, CEO of Anacle Systems. Known for its unique EAM product--Simplicity®, An-acle Systems, a provider of technology solution aims to simplify the adoption of the best of EAM technologies by re-ducing implementation complexities and costs. "From an initial stage where there is a significant focus on asset track-ing to corrective and preventive maintenance processes, Simplic-ity® EAM has rapidly grown to provide specialist solutions for the real estate, healthcare infrastructure, educational as well as utilities markets in Asia," beams Lau.In a nutshell, Sim-plicity® EAM is an all-rounded com-prehensive solution that assists firms in all aspects of asset and main-tenance manage-ment, including asset register setup and asset tracking. At the tactical level, Simplicity® facilitates organizations minimize maintenance spend yet maintain equipment availabil-ity. "Simplicity® supports this concept by providing powerful condition-based maintenance functionalities, such as real-time OPC interfaces to SCADA and plant monitoring systems, condition as-sessment checklists, as well as automated triggering of work orders when certain adverse conditions or breaches of pre-determined thresholds are detected," elaborates Lau.At the strategic level, Simplicity® of-fers sophisticated FMECA and Weibull failure modeling of equipment and sys-tems so as to predict equipment remain-ing useful life. The solution opti-mizes an organization's asset availability and reliability by implementing and enforcing maintenance schedules with detailed checklists. It also tracks the real-time statuses of clients' assets and activates urgent ad-hoc maintenance ac-tivity through monitoring equipment health or by triggers from per-sonnel on-site."Our consultants work with the key stake-holders within the clients' organi-zation to iden-tify the main objectives for implementing the EAM solu-tion," adds Lau. "From each objective, we work out a number of key performance indicators to focus and configure the work processes, policies, and reports of the EAM solution." The company has helped public hospitals in Singapore, with innovative location-based asset management so as to ensure that critical biomedical equipment do not miss their maintenance cycles. "We also helped the local defense establishment manage the maintenance of more than 6,000 buildings with limited manpower through innovative use of mobile apps," elucidates Lau.Aside its unequivocal commitment toward helping customers manage critical assets, Anacle Systems vests it focus to make its software easy to implement and easy to adopt, building up on delivery industry-specific knowledge base within the software and adopt new-age technology trends such as mobility and Internet-of-Things (IoT). The company also continuously invests to improve the functionality, usability and scalability of their products with ample research and development.Anacle Systems' next big step to move forward in the EAM space involves introducing their new product--Tesseract®, a universal sensor and actuator platform that can provide local level optimization for asset management. "Through our EAM solution we aim to offer customers a path to make their asset investment and maintenance decisions with confidence," concludes Lau. "From an initial product focusing on asset tracking and managing the corrective and preventive maintenance processes, Simplicity EAM has rapidly grown to provide specialist solutionsAlex Lau
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