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Home > Posts > Building a Business Case for Industrial Software Projects Helps Ensure Success
April 18

Building a Business Case for Industrial Software Projects Helps Ensure Success

Keywords: EAM, CMMS, Business Case.

To get executive support for your next project, tie the benefits to executive metrics – this Insight shows how.

One hundred thirty-four individuals involved in 15,000 sites participated in a recent ARC Advisory Group end user survey related to enterprise asset management (EAM) and field service management (FSM) applications. The answer to one particular survey question goes beyond EAM and applies to nearly all industrial projects. Survey respondents rated "project justification" as the top reason for a successful EAM software implementation. A good business case gains executive support, which, in turn, drives resource allocation to help assure project success.

Establish Your Next Software Project's Success
Even though the economy is growing, revenue growth remains challenging. As a result, C-suite (CEO, CFO, etc.) executives continue to focus on costs to improve profitability. Attention has moved from outsourcing, towards improving internal manufacturing productivity - including maintenance and asset management. As a result, many organizations are upgrading their EAM systems and modernizing business processes.

ARC's recent survey on asset management software provides insights for setting a strong foundation for success with a new or upgraded EAM system. Most of the 134 participants are involved with multiple plants, and their responses represented input from a total of more than 15,000 facilities worldwide. This provides a substantial body of knowledge for asset-management-software applications, much of which can also apply to other software application areas.

ARC Advisory Group clients can view the complete report at this Link.

If you would like to buy this report or obtain information about how to become a client, please Request ARC Info

 

 

 

 

 

 

 

ARC Advisory Group

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