According to Bouchier, there are five stages to a utility company’s asset management maturity. To achieve this, a full understanding of the maturity of the assets must be developed. The first step in this modernisation process is building a comprehensive asset strategy. “The result is the ability to modernise equipment maintenance strategies for utilities (among other sectors),” adds Bouchier. Now, HxGN EAM (formerly known as Infor EAM) offers best-in-class, SaaS-based asset management solution for tracking assets, digitalising maintenance operations, and enabling customers in nearly any industry to reach optimum operational efficiency.

In a recent market shift, Infor sold its EAM business to Hexagon. This effectively empowers more strategic decisions that extend asset life, ensure safety, and optimise profitability,” confirms Paul Bouchier, Sales Director at iOCO, within iOCO Software Distribution, an Infor Gold Partner. “With the right Enterprise Asset Management (EAM) tools in hand, businesses truly have access to the information they need, when they need it, where they need it. This may seem like a tall order, but with emerging technology, constant innovation, and software development in line with shifting needs, these solutions do exist.

Infor eam sold to hexagon