Infor EAM Asset Sustainability Edition: Asset Performance at a Lower Energy Cost

As businesses and government begin taking action to reduce greenhouse gases, how do you know what approach makes the best financial sense for you?

Businesses worldwide are focusing on reducing their energy consumption to promote environmental sustainability.  State and national restrictions, either already in place or pending, aim  to curb greenhouse gas emissions. The result is that your company will most likely either be forced to alter its consumption behavior (demand) or incur even higher energy charges or emission “taxes” moving forward.

Addressing the issue of demand, the U.S. Department of Energy has concluded that an organization can reduce its monitored assets energy consumption by up to 20%. Industry benchmarks agree, stating 6%-11% savings in energy costs are attainable by incorporating energy into asset management practices. 

The opportunity to address energy consumption, as well as greenhouse gas emissions, through Enterprise Asset Management is worth considering. It’s not just good for the environment; it’s good for your bottom line, as well. 

What if your company could reduce its total energy spending by 6% to 11% or even 20%, and provide a demonstrable commitment to environmental sustainability while increasing its bottom line profitability? 
 
Infor EAM Asset Sustainability Edition has been created to address the challenges faced by all commercial and industrial (C&I) companies that need to factor energy consumption into their asset management strategy.  Infor EAM sustainability software solutions enable organizations to substantially reduce energy costs, while minimizing carbon emissions and the impact of their operations on the environment.

Infor EAM Asset Sustainability Edition factors resource consumption into total asset performance, providing a more complete understanding of the true costs to operate and maintain an asset. The software goes beyond just energy management, factoring in assets that consume any of the WAGES commodities (water, air, gas, electricity, and steam), as well as monitoring of fugitive emissions, such as ozone-depleting refrigerant gases.

Infor EAM Asset Sustainability Edition, through its Asset Sustainability Program Management, Asset Sustainability Alert Management, Asset Sustainability Planning, and Emissions and Natural Resource Management modules:

• Automates the tasks and processes associated with managing assets and their associated resource consumption.
• Tracks the consumption of individual assets in real-time; evaluates the data against user-defined key performance indicators (KPIs); and alerts users to anomalies when assets exceed acceptable performance thresholds. Through sub-metering, resource consumption is monitored in real-time via wireless sensors.
• Elevates decision-making by incorporating consumption and emission data into KPIs and reports. Carbon emissions tracking software allows program managers to generate reports that provide macro-level analysis of CO2 emissions and drill down into the performance of each asset through easy-to-use graphical dashboards.
• Enables companies to benchmark the performance of a specific asset to determine the cost of maintaining it at its current energy consumption levels versus replacing it with a newer, more energy efficient asset.
• Allows organizations to make strategic decisions, factoring in energy consumption costs, the price and energy specifications of a replacement, and the projected return-on-investment date.