Enterprise Asset Management (EAM)
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Techopedia Explains Enterprise Asset Management (EAM)
EAM is categorized as follows:- Physical asset and infrastructure management
- IT service management
- Digital asset (electronic media and content) management
- Fixed asset management and accounting
- Emerging asset management
In summary, EAM is geared toward the following results:
- Maximized ROA
- Reduced costs and risks
- Improved asset decision making
- Compliance with required regulations
- Increased asset service responses and enhanced efficiency
- Lowered TCO
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