8CIOReview | | OCTOBER 2020IN MY OPINION5 TIPS FOR A ROBUST EAM CLOUD STRATEGY By Erica Ferro, VP of Product Management for Cloud and Content Solutions, Hitachi ABB Power GridsOver the past six months, we've seen a strong shift to cloud technologies across industries, as remote work both enables and requires cloud solutions for employees to thrive. Monolithic enterprise asset management (EAM) solutions have long provided many challenges and required large time, money and resource investments. The downsides have organizations in nearly every asset-intensive industry ­ like utilities, transportation and mining ­ looking to modern cloud-native EAMs for flexibility, time-to-value, modular approach and ROI potential. With that in mind, and as these businesses shift to cloud-first strategies, here are five tips for a successful cloud EAM migration. 1. Cloud isn't just enabling technology, it's an organizational mindsetMany organizations across heavy asset industries like mining, utilities and transportation have always had on-prem technologies. In many cases, this means employees from top to bottom aren't as familiar with the cloud, so it's important to help the entire organization understand the benefits of the cloud, as well as how it works from a strategy, implementation and operational perspective. With Software as a Service on the cloud, EAM vendors provide the infrastructure and application as a packaged solution offering. The vendor is responsible for purchasing, provisioning, maintaining and powering hardware to run the solution. They also bear the responsibility to ensure software upgrades and patches are available, and bugs are automatically fixed without interruption to the company's operations.Because an EAM is a critical operating system in these industries, eliminating potential interruptions is crucial. This allows the company to focus on its core business and use the application to further its business objectives, while the vendor focuses on ensuring the infrastructure and EAM application are up to date and performing.Erica Ferro
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