IFS EAM: How Platned helps organisations improve asset reliability and performance

Managing physical assets effectively is essential for organisations operating in asset-intensive industries. Whether maintaining manufacturing equipment, power generation facilities, utilities infrastructure or oil and gas assets, businesses need to maximise availability, control maintenance costs and extend asset lifecycles.

However, many organisations still face challenges caused by disconnected systems, reactive maintenance strategies, incomplete asset information and limited visibility of operational performance.

IFS EAM (Enterprise Asset Management) provides a connected approach to managing physical assets throughout their lifecycle, helping organisations improve reliability, optimise maintenance and make better-informed operational decisions.

As an IFS Specialized Partner, Platned helps businesses implement, optimise, integrate and support IFS Cloud EAM, combining enterprise asset management expertise with an understanding of the wider IFS environment.

Our focus is on helping organisations turn asset information into practical improvements in performance, operational efficiency and long-term asset value.

 

What is IFS EAM?

 

IFS EAM is an enterprise asset management solution within IFS Cloud that helps organisations manage, maintain and optimise physical assets throughout their lifecycle, from initial planning and acquisition to operation, maintenance and decommissioning.

IFS Enterprise Asset Management brings together asset records, maintenance planning, work orders, resource management and operational information within a connected enterprise platform.

This gives businesses greater visibility of asset condition, maintenance requirements, costs and performance.

IFS EAM helps organisations:

For organisations running IFS Cloud, EAM also provides opportunities to connect maintenance activities with procurement, inventory, finance, projects and field service management.

This creates a more complete view of how physical assets contribute to business performance.

 

Why enterprise asset management matters

 

Physical assets often represent some of an organisation’s largest investments.

When those assets operate reliably, they support productivity, service continuity and financial performance.

When they fail unexpectedly, the consequences can extend far beyond maintenance expenditure.

Equipment failures may interrupt production, delay customer commitments, increase operational risk and require expensive emergency repairs.

Traditional maintenance approaches frequently rely on fixed schedules or responding after problems occur.

Although these methods remain appropriate in certain circumstances, they do not always reflect the actual condition or operational importance of individual assets.

Modern enterprise asset management introduces a more informed approach.

By connecting asset records, maintenance activities, operational data and business processes, organisations can make decisions based on asset condition, performance history and operational priorities.

IFS EAM provides the technology foundation for managing these activities, while an experienced implementation partner helps ensure the system supports the organisation’s specific requirements.

 

Key capabilities of IFS Cloud EAM

 

IFS Cloud EAM provides functionality designed to support complex asset environments and maintenance operations.

Understanding these capabilities can help organisations identify where improvements are possible.

1. Asset management

Effective asset management begins long before equipment enters service.

Organisations need visibility of asset investment, acquisition, commissioning, maintenance, operation and eventual replacement.

IFS EAM helps businesses maintain consistent asset information across these stages.

This supports better lifecycle planning, cost management and decisions about whether assets should be maintained, upgraded or replaced.

A connected approach also helps reduce information gaps between engineering, operations, maintenance and finance.

2. Preventive and predictive maintenance

Unplanned equipment failures can create significant operational disruption.

Preventive maintenance helps organisations reduce these risks through scheduled inspections, servicing and maintenance activities.

IFS Cloud EAM also supports more advanced maintenance approaches, including condition-based and predictive maintenance.

With relevant operational data and supported IFS.ai capabilities, organisations can identify patterns and anomalies that may indicate developing asset problems.

These insights can help maintenance teams prioritise interventions and reduce unnecessary maintenance activities.

Predictive capabilities depend on the relevant IFS functionality, data sources and integrations being available and correctly configured.

3. Maintenance planning and work order management

Maintenance teams need to coordinate multiple activities, including inspections, repairs, resources, materials and scheduling.

IFS EAM provides structured processes for managing work orders and planned maintenance.

By connecting maintenance requirements with operational information, organisations can improve planning and reduce administrative complexity.

This helps teams understand what work is required, which resources are available and how maintenance activities affect wider operations.

4. Asset performance management (APM)

Asset performance management uses information about equipment condition, reliability and operational performance to support maintenance decisions.

Through relevant IFS Cloud capabilities, businesses can monitor asset health, identify recurring problems and improve maintenance strategies.

This can help organisations move towards more proactive management of critical equipment.

For example, maintenance teams may use historical work orders and failure information to identify assets requiring additional attention.

Asset Performance Management capabilities that use IFS Operational Intelligence require the relevant integration and functionality. <Cite refs={[“turn491787search1″,”turn491787search4”]}/>

5. Procurement

Maintenance performance depends on having the right materials, spare parts and supplier support available when required.

Through the wider IFS Cloud platform, procurement processes can be connected with asset management and maintenance requirements, helping teams coordinate purchasing activities and improve visibility of material availability and costs.

This connection supports more effective maintenance planning and can reduce delays caused by missing parts or fragmented purchasing information.

6. Finance

Asset management decisions have a direct impact on operating expenditure, capital investment and long-term financial performance.

By connecting IFS EAM with finance capabilities in IFS Cloud, organisations can gain better visibility of maintenance costs, asset-related expenditure and lifecycle investment decisions.

This helps finance, maintenance and operations teams work from more consistent information when reviewing asset costs, budgets and repair-or-replace options.

7. Industrial AI for smarter asset decisions

Industrial AI is becoming increasingly important in asset management.

IFS.ai provides capabilities designed to help organisations apply artificial intelligence to operational processes.

In EAM, these include AI-supported reliability analysis, maintenance planning and the identification of potential asset problems.

AI can help teams interpret large volumes of information and identify issues that may otherwise require significant manual investigation.

However, AI effectiveness depends on accurate asset records, reliable operational data and appropriate system configuration.

This is where implementation expertise and data management become particularly important.

 

What are the benefits of IFS EAM?

 

The value of IFS Enterprise Asset Management extends beyond organising maintenance activities.

When properly implemented and supported, IFS EAM can help organisations improve performance across several operational areas.

 

Business challenge	How IFS EAM can help
Unexpected equipment failures	Support preventive and predictive maintenance strategies.
High maintenance costs	Improve maintenance planning, resource utilisation and cost visibility.
Disconnected asset information	Connect asset data with wider enterprise processes.
Limited operational visibility	Provide structured information about asset condition and performance.
Inefficient work management	Improve coordination of maintenance work orders and resources.
Compliance requirements	Maintain maintenance records, inspection histories and supporting documentation.
Difficult asset investment decisions	Provide lifecycle information to support repair, replacement and investment planning.

 

The improvements achieved depend on the organisation’s existing processes, data quality, adoption and implementation approach.

 

Why choosing the right IFS EAM partner matters

 

IFS EAM provides extensive functionality, but successful enterprise asset management depends on more than the software itself.

Organisations need to ensure that the solution reflects their physical assets, maintenance strategies, operational requirements and wider enterprise processes.

A poorly configured EAM environment can create unnecessary administration, unreliable reporting and difficulties coordinating maintenance activities.

An experienced IFS EAM partner helps bridge the gap between software functionality and real operational requirements.

This includes understanding how asset management interacts with other business functions, such as procurement, inventory, finance, projects and field service.

It also requires technical expertise across integrations, application configuration, data management and ongoing system optimisation.

Platned combines IFS functional and technical expertise with a practical understanding of how asset-intensive organisations operate.

Our approach focuses on creating an IFS EAM environment that supports the business today while providing a foundation for future improvement.

 

How Platned helps organisations maximise IFS EAM

 

As an IFS Specialized Partner, Platned supports organisations across their IFS journey, from implementation and integration through to ongoing support and optimisation.

Our experience across IFS Cloud and asset-intensive industries helps customers connect enterprise technology with operational priorities.

IFS EAM implementation and consultancy

Implementing IFS EAM requires a clear understanding of existing maintenance processes, asset structures and business requirements.

Platned helps organisations assess these requirements and establish an implementation approach aligned with their operations.

This includes supporting decisions about system configuration, process design, data preparation and integration.

Our IFS services help businesses plan and deliver enterprise technology improvements that support long-term objectives.

Improving existing IFS EAM environments

Organisations already using IFS EAM may not be taking full advantage of its available capabilities.

Over time, maintenance requirements change, business processes evolve and new technology becomes available.

Platned helps customers review their existing IFS environments and identify opportunities to improve configuration, workflows, system performance and user adoption.

This can include simplifying maintenance processes, improving data quality and strengthening connections between EAM and other business functions.

The objective is to help organisations gain greater value from the technology they already own.

Connecting IFS EAM with ERP and field service

Asset management rarely operates independently of other business processes.

Maintenance teams need access to spare parts, purchasing information, financial data, engineering records and workforce availability.

When these activities are disconnected, employees may spend unnecessary time transferring information or investigating inconsistencies.

Platned helps organisations connect their enterprise applications through IFS integration services.

By improving information flows between asset management and other operational systems, businesses can gain a more complete view of maintenance activities and their wider financial and operational impact.

Supporting Industrial AI and predictive maintenance

AI is creating new opportunities to improve asset performance, but organisations need reliable information and a clear understanding of the intended business outcomes.

Platned helps customers explore how AI capabilities can support their enterprise operations.

This includes reviewing data readiness, identifying appropriate use cases and understanding how AI technology could complement existing IFS processes.

Through our AI innovation services, we help organisations take a practical approach to intelligent technology adoption.

For IFS EAM customers, this may involve exploring opportunities to improve maintenance planning, asset analysis and operational decision-making.

Ongoing support and managed services

An IFS EAM implementation should continue to deliver value long after go-live.

Organisations need reliable systems, ongoing technical support and the ability to adapt as business requirements change.

Platned provides IFS Managed Services to help customers maintain, support and optimise their IFS environments.

Our global delivery capabilities enable us to support organisations operating across different locations and time zones.

By combining ongoing application support with continuous improvement, Platned helps customers protect their IFS investment and maintain a reliable foundation for their asset management operations.

 

IFS EAM for asset-intensive industries

 

Different industries face different challenges when managing physical assets.

Platned understands that EAM implementations must reflect these operational requirements rather than follow a generic approach.

Energy, utilities and resources

Energy and utilities organisations manage critical infrastructure where reliability, safety and service continuity are essential.

Assets may include power generation equipment, transmission infrastructure, pipelines, processing facilities and water treatment systems.

IFS EAM helps organisations manage maintenance activities, asset information and lifecycle costs across these environments.

Platned supports the sector through its energy, utilities and resources solutions, helping organisations connect asset management, ERP and field service processes.

Manufacturing

Manufacturers depend on equipment availability to maintain production schedules and meet customer commitments.

Unexpected failures can affect throughput, delivery performance and operating costs.

IFS EAM supports maintenance planning, equipment history and asset performance management, helping manufacturers coordinate maintenance with wider production requirements.

Platned’s manufacturing expertise helps organisations connect asset management with manufacturing and enterprise processes.

Oil and gas

Oil and gas organisations operate complex assets that often require extensive maintenance, inspection and regulatory oversight.

Effective enterprise asset management helps businesses improve equipment reliability, manage maintenance activities and maintain visibility of operational performance.

Platned supports these requirements through its oil and gas solutions, combining IFS EAM, ERP, field service and integration expertise.

Service and facilities management

Service organisations and facilities operators may be responsible for maintaining extensive portfolios of equipment and infrastructure across multiple locations.

IFS EAM can help coordinate asset records, planned maintenance, repairs and maintenance histories.

When combined with field service capabilities, businesses can improve the connection between maintenance requirements, workforce scheduling and service delivery.

 

How to get more value from your existing IFS EAM investment

 

Organisations do not necessarily need to replace their existing asset management systems to improve performance.

For businesses already running IFS EAM, reviewing how the system is configured and used can reveal opportunities for improvement.

A structured review should consider five areas.

1. Asset data quality

Are equipment records accurate, complete and consistently maintained? Reliable asset information is essential for reporting, maintenance planning and AI-enabled analysis.

2. Maintenance processes

Are maintenance activities managed through consistent workflows? Could manual administration or unnecessary process steps be reduced?

3. System integration

Is asset management information effectively connected with procurement, inventory, finance and other business applications?

4. Reporting and performance measurement

Do maintenance teams and business leaders have access to meaningful performance indicators, such as asset availability, maintenance costs and work order completion?

5. Future technology opportunities

Could additional IFS functionality, Industrial AI or improved integration help the organisation address its next operational challenges?

Platned can help businesses assess these areas and establish an improvement roadmap based on practical business priorities.

 

Why choose Platned for IFS EAM?

 

Choosing an IFS partner is an important decision for organisations managing business-critical assets.

The right partner needs to understand both the technology and the operational environment in which it is used.

Platned brings together several strengths:

For organisations implementing IFS EAM or looking to improve an existing environment, this combination of expertise helps connect technology decisions with business requirements.

 

The future of IFS Enterprise Asset Management

 

Enterprise asset management is evolving from managing scheduled maintenance towards a more connected, intelligent approach to asset performance.

Industrial AI, improved integration and advanced analytics are helping organisations understand how their assets operate and where intervention may be required.

IFS continues to develop capabilities that combine asset lifecycle management with AI-supported maintenance and performance insights.

For IFS customers, these developments create opportunities to improve reliability, make better use of maintenance resources and strengthen long-term asset planning.

However, technology alone is not enough.

Successful asset management still depends on accurate data, effective processes, experienced employees and a clear understanding of operational priorities.

Platned helps organisations bring these elements together, combining IFS EAM expertise with integration, consultancy, AI innovation and ongoing support.

By focusing on practical improvements rather than technology alone, businesses can build more resilient, efficient and better-connected asset management operations.

 

Explore IFS EAM with Platned

 

Whether you are planning a new IFS EAM implementation, looking to optimise an existing system or exploring the potential of Industrial AI for asset management, Platned can help.

Our global team combines IFS expertise with knowledge of asset-intensive operations to help organisations improve the reliability and performance of their enterprise technology.

Discover how Platned can support your asset management strategy.

Explore Platned’s IFS Cloud EAM services.

 

Frequently asked questions about IFS EAM

What does IFS EAM stand for?

IFS EAM stands for IFS Enterprise Asset Management. It is an enterprise software solution that helps organisations manage physical assets, maintenance activities, operational performance and asset lifecycles. IFS EAM is available as part of IFS Cloud.

What is the difference between IFS EAM and IFS ERP?

IFS EAM focuses on managing physical assets, their maintenance, reliability and lifecycle performance. IFS ERP supports wider business processes such as finance, procurement, inventory, projects and manufacturing. Within IFS Cloud, these capabilities can work together to connect asset operations with enterprise management.

Does IFS EAM support predictive maintenance?

Yes. IFS Cloud EAM offers capabilities for condition-based and predictive maintenance, including relevant Industrial AI and asset performance management functionality. Specific capabilities may require additional modules, integrations or configuration.

Which industries use IFS EAM?

IFS EAM is used in asset-intensive industries, including energy, utilities, oil and gas, manufacturing, aerospace and defence, and other sectors managing complex equipment or infrastructure.

How can Platned help with IFS EAM implementation?

Platned provides IFS consultancy, implementation, integration and support services. We help organisations understand their asset management requirements, configure appropriate business processes, connect enterprise applications and optimise their IFS environments.

Can Platned help improve an existing IFS EAM system?

Yes. Platned supports organisations already using IFS through consultancy, system reviews, process optimisation, integration and Managed Services. This helps businesses identify opportunities to improve performance and make better use of existing IFS capabilities.

Can IFS EAM integrate with other business applications?

Yes. IFS Cloud supports integration with other enterprise systems through appropriate interfaces and integration technologies. Platned provides integration expertise to help organisations connect IFS with relevant business applications and data sources.

Why choose Platned as an IFS EAM partner?

Platned combines specialist IFS knowledge with experience in asset-intensive industries, enterprise integration, AI consultancy and ongoing support. This helps organisations take a joined-up approach to implementing and improving IFS EAM.

Is IFS EAM suitable for global organisations?

Yes. IFS EAM supports asset management requirements across complex, multi-site organisations. Platned provides global IFS services and support, helping customers manage enterprise environments across different regions and operational locations.