Enterprise Asset Management EAM

One Grid Model. Full visibility across your entire asset portfolio.

 

IPS®EAM is purpose-built for power generation and utility companies: eliminating data silos, connecting fragmented systems, and delivering actionable insight across the full asset lifecycle. From aging infrastructure to regulatory compliance, get the clarity your teams need to act with confidence.

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What is Enterprise Asset Management?

Managing a strategic asset portfolio is increasingly complex for utility companies in today’s digital era. Most enterprise asset management systems offer extensive functionality but lack true insight – primarily because critical data remains fragmented and poorly connected.

Challenges such as aging infrastructure, stringent regulatory requirements, and changing market conditions only amplify this complexity.

IPS®EAM was purpose-built for power generation and utility companies to address these challenges. It provides a holistic platform for planning, monitoring, and maintaining physical infrastructure across the entire asset lifecycle.

IPS®EAM enables native integration of the IPS solution portfolio as well as third-party solutions, eliminating data silos through a unified, one-grid asset model. The result is fast onboarding, transparent and explainable insights into your asset portfolio, clear visibility into trends, and actionable recommendations – making enterprise asset management practical and effective for every asset management team.

Efficient operations and a resilient grid, enabled by IPS.

  • Holistic management of assets and grid operations
  • Integrated Suite of products
  • Nurtured by real-world data from testing and monitoring
  • One Grid Model as single source of truth for entire enterprise

Request a demo to see how IPS®EAM and One Grid Model can support your network management and operational goals.

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Powering the Asset Lifecycle Management (ALM) and One-Grid Model

IPS®EAM serves as the core foundation of the IPS Asset Lifecycle Management (ALM) platform and the overarching one-grid model.

Transform Your Asset Strategy Today

Discover how intelligent commissioning and comprehensive asset management can revolutionize your utility operations.

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Unified EAM Maintenance Planning for Utilities

IPS®EAM delivers a seamless bridge between Enterprise Asset Management (EAM) and Asset Performance Management (APM) , enabling intelligent, utility-focused maintenance planning across the asset lifecycle.

  • Automated survival analysis model, delivering statistical probabilities of failure per asset group and/or type, based on asset, failure, and demolition data.
  • OEM ready asset libraries and mitigation practices, covering known and anticipated failure modes, maintenance programs, and replacement strategies for strategic assets such as transformers, switchgear, overhead lines, and underground cables.

Scenario-Based Forecasting and Simulation

IPS®EAM provides a foundation for a unified, one-grid centric asset data model across IPS®EAM, IPS®AIP, and IPS®NMM solutions. With the optional IPS® Network Model Management add-on, utilities can perform bottom-up or top-down grid investment simulations while seamlessly integrating power-flow and other CIM-based network data. Aligned with the IPS one-grid model, this capability enables utilities to connect asset, network, and investment data within a single, consistent framework, including:

  • Asset and maintenance information
  • Operational and grid-related network data
  • Investment needs and regulatory planning requirements

This delivers a unified, utility-grade solution that supports informed decision-making across planning, operations, and investment management. Utilities can compute and compare multiple maintenance and investment scenarios, supported by transparent risk, cost, and impact forecasts, to optimize mid to long-term outcomes.

EAM and AIP Data Bridge for Investment Transparency and Compliance

Regulatory, financial, and funding requirements increasingly demand detailed justification and traceability of asset investments. The integrated EAM–AIP bridge ensures end-to-end transparency by linking executed maintenance and investment activities to their purpose, rationale, and outcomes.

This enables structured reporting to regulators, financial institutions, and funding bodies, supporting financing eligibility, subsidies, and audit-ready compliance out of the box (OTB).

Gain Full Visibility Across Your Assets

Learn how to gain access to critical data and valuable insights. Talk to our experts and discover how your organization can make more informed decisions and optimise the management of physical assets and infrastructure.

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EAM Insights and Resources

New Utility Asset Management Project in Romania

Since the beginning of our partnership with Adrem in 2016, we have written many successful ...

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Fast-track delivery of value in EAM

Have you ever heard someone say “no-one gets fired for implementing “A” or “B” EAM Systems…”?  ...

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Gartner reports

IPS named as a Niche Player in the Magic Quadrant for Enterprise Asset Management Software. ...

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Frequently asked questions

Enterprise Asset Management (EAM) is a combination of software and services for efficient maintenance and control of assets and equipment in the power utility industry. It optimizes the quality and use of assets throughout their lifecycle, reduces unnecessary downtime, and saves resources.

An EAM system is essential for asset-intensive organizations to efficiently manage and maintain their physical assets. It is relevant across several industries, including utilities and energy, manufacturing, transportation, healthcare, retail, and facilities.

The EAM solution system can integrate with other IPS Solutions in several ways. IPS offers a modular portfolio designed for flexible integration. Individual solutions can be incorporated based on specific functional requirements, enabling a gradual, seamless implementation that enhances the functionality and data models of existing systems. To list just a few, it can integrate natively with Outage Management, Asset Performance Management, Asset Investment Planning, and more, without additional interfaces. Moreover, IPS®EAM can enhance existing EAM systems such as IBM Maximo, SAP, IFS, and others by providing built-in integrations that bridge gaps, adding functionality and enhanced data models.

The EAM can improve the asset lifecycle by optimizing asset use and quality and moving from reactive to preventive maintenance practices. It includes up-to-date inventory management, a crucial component for asset-intensive industries. Additionally, prediction algorithms allow users to eliminate unnecessary inspection and maintenance.

Enterprise Asset Management systems can manage various asset types, with a particular focus on the power industry and utilities. The assets managed by IPS®EAM are modeled intelligently to ensure easy access to all asset properties and characteristics required for effective, efficient maintenance management.