Using the power of data and digital to increase asset reliability through self-optimizing operations, enabling improved profitability & reduced risk.
Research shows that many organizations are finding it hard to get the most out of asset management.
From supply chain and manufacturing disruptions to the high costs of repairs, evolving customer demands and increasing calls for sustainability, they face an uphill battle.
These challenges are impacting critical KPIs, stopping organizations from achieving their growth targets and drive transparency around costs, performance, risk and value potential.
82%
of manufacturers believe flexibility is critical to growth
60%
of capacity losses are due to equipment not producing to capacity
1.8x
more cost to repair failed assets compared to predictive maintenance
We take organizations on a holistic journey to completely transform asset management, improve profitability and reduce risk. You receive the platform, products and ecosystem partners needed to succeed, and guidance on how to transform the business. We apply Industry X and leverage machine learning and other intelligent technologies to turn your asset data into actionable insights.
The course of the journey strengthens foundational capabilities and augments them with digital capabilities. This helps organizations get out of break-fix mode and accelerate the transition from reactive to proactive work.
2-5%
product throughput increase
2-3%
asset utilization increase
25%
workforce productivity increase
10-15%
asset downtime reduction
10-15%
MRO inventory reduction
Intelligent Asset Management is supported at scale by our in-house teams of data scientists and functional experts and our unmatched ecosystem of cross-industry partnerships. Our expertise and experience helps drive flexibility and reliability.
Industry X powers urban heating with efficiency and sustainability.
Swiss eco-tech Climeworks has an ambitious vision. To achieve it, they need to scale.
Marelli’s transformation journey uses digital technologies to improve manufacturing operations.
Together, Accenture and SAP use the power of data and digital to help our asset-intensive clients reimagine the things they make and how they make them.
Through SAP Intelligent Asset Management we enable new ways for our clients to connect assets, people and processes across the enterprise and business networks. To maximise the performance of their assets by driving efficiency, uncovering value and operating more safely and sustainably.
Accenture and SAP co-developed Intelligent Asset Management
Accenture's John Holmes and SAP's Tom Kurtz
Accenture's Mark Pyatt and Norfolk Southern's Lynnanne Catron
Companies need to reimagine how they connect assets, people and processes across the enterprise and business networks.
Accenture explains how adoption of digital enablers and cloud-based services can help to increase efficiency and drive higher performance.
SAP Intelligent Asset Management, co-developed with Accenture, helps businesses unlock value by focusing on three key areas of intelligent asset management:
Accenture is extending our alliance with SAP to bring together plant operations and maintenance data in one solution that allows companies to use industry-leading practices to maximize performance of their assets from strategy to execution.
Our capabilities are strengthened and expanded through key acquisitions that bring new strategy services and expertise to our clients at speed. Access to leading industry players and specialists gives your business a competitive edge.
Perspective on digital industry transformation.
We explain how adoption of digital enablers and cloud-based services can help to increase efficiency and drive higher performance.
Connected asset management enables organizations to easily manage, access and deliver real-time visibility of equipment, workers, and data.
Accenture experts explain the change from paper-based to an electronic control of work systems.
Accenture has been named a leader in a new IDC MarketScape: "Worldwide Smart Manufacturing Service Providers 2021 Vendor Assessment".
We identified 4 key elements that are essential to warehouse operations that maximizes the returns from digital investments.
filter result
Managing Director – Industry X, Intelligent Asset Management Europe, Africa and Latin America Lead
Managing Director – Industry X, Intelligent Asset Management North America Lead
What is digital asset management?
Digital asset management (DAM) is a software system that helps organizations manage their digital assets and put them in one centralized, accessible location. A DAM system provides storage, organization, distribution, and management of internal and external digital assets. Data-driven asset managers maximize the value of asset management data and treat it as a strategic asset—using it for innovation and critical business decisions. With a strong data foundation, cloud-based optimization and an insights-driven culture, DAM leaders can identify and seize growth opportunities, and take proactive steps to embed data and digital technologies, like Artificial Intelligence (AI), machine learning and advanced analytics at their core.
What are the types of asset management?
Just like companies differ from one to the next, how they manage their assets differs as well. And there can be different types of asset management even within a single company in different departments and organizational levels. Though asset management is unique to each organization, here are the different ways to manage assets in the most effective way:
What is SAP IAM?
SAP Intelligent Asset Management is a set of asset management services that utilizes a suite of software products to maintain and service the performance of physical assets with real-time insights, the Internet of Things (IoT), machine learning, mobility, and advanced and predictive analytics. SAP Intelligent Asset Management connects assets, people and processes across the enterprise and business networks. This maximizes the performance of a company’s assets by driving efficiency, uncovering value, and operating more safely and sustainably with a holistic, 360-degree value approach.
What is intelligent asset management?
Intelligent Asset Management is utilizing the power of data and digital to optimize an organization’s physical asset management system. In addition to reducing asset-related risk, Intelligent Asset Management services give organizations transparency into how the assets they use are performing and how they can manage those assets to create more value, operate more efficiently, reach sustainability goals, and increase worker safety.
