12 March 2010
Friday
Enterprise asset management makes inroads into Asia's transportation sector
By Victor Ng | Dec 17, 2009
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PrintThe dramatic expansion of railways as the mass transportation solution of choice for the 21st century, fuelled by a perfect storm of population growth, urban sprawl and environmental concerns, is challenging the railway industry to manage a growing number of assets more effectively.
According to IDC’s software tracker released in May 2009, the EAM applications market in Asia Pacific excluding Japan is estimated to reach US $136.9 million in 2009. It is expected to grow steadily at a five-year compound annual growth rate (CAGR) of 10%, reaching US$233.1 million by 2013.
Chongqing Metro (Group) Co. Ltd., Seoul Line 9 Operation Co. Ltd and Shenzhen Metro have successfully implemented Infor’s Enterprise Asset Management (EAM) solution to ensure they can meet these challenges. With Infor EAM, these organizations will gain more control of their capital assets, drive out inefficiencies and save time and money by optimising resources.
“Over the last year we’ve seen the adoption of Enterprise Asset Management solutions being driven by industry-specific challenges and initiatives,” said Lars Faeste, vice-president for EAM sales at Infor Asia Pacific. “In particular we’ve experienced a considerable amount of traction in the transportation industry, as companies seek ways to enhance operating performance while reducing costs, ensure safe operations and improve their services to meet customer expectations.”
China railways roll with Infor
Both Chongqing Metro (CRT) and Shenzhen Metro implemented Infor’s EAM solution to enhance and reinforce equipment management and create reliable, high-performance facility management procedures for buying, using and maintaining equipment.
In particular, the deployment of Infor’s EAM solution has enabled CRT, a municipal state-owned rail transport enterprise, to enhance work order productivity by 30% and achieve 95% facility availability. Infor’s EAM has also helped CRT to increase usage rates, extend equipment life and reduce operational costs which, in turn, have boosted the company’s profitability.
“The comprehensive functionalities, advanced technologies and rich industrial experience built into Infor’s EAM solution were critical factors in our decision to choose it,” said Liu Chang-ping, secretary of applied customer information management at Chongqing Metro.
“The solution is very suitable for the railway industry, which is highly automated and consists of a variety of equipment, technology, capital and knowledge. Quality and efficiency of the equipment are prerequisites to ensure normal operation of the rail transport system. The Infor EAM solution helps us to implement unified equipment management while lowering operational costs and enhancing performance.”
