SAP Intelligent Asset Management Suite

Name: leverX Company
Brand: LeverX
Rating: 4.9 (114 reviews)

Transform your asset lifecycle management with AI, IoT, and real-time data capabilities within a comprehensive SAP suite.

Request a personalized consultation

Collaborating with an SAP Gold Partner provides access to resources and seasoned professionals, ensuring your project's reliability. Their expertise tailors SAP solutions for your unique needs, optimizing ROI and efficiency.

Partnering with an SAP Global Strategic Supplier goes beyond buyer-seller dynamics. They provide critical solutions for global operations, collaborate on product development, and drive strategic initiatives.

LeverX is a certified partner of the SAP Center of Expertise. This accreditation ensures our unwavering commitment to upholding SAP's highest standards. Our mission is to deliver excellence, providing unparalleled support, and facilitating the seamless integration of SAP solutions into your business framework.

Such companies help businesses solve complex problems, deliver exceptional user experiences, and drive digital transformation using design thinking and innovation expertise. They leverage SAP's best practices and cutting-edge tools to create user-centric solutions.

Modern asset management requires far more than just keeping maintenance schedules. Companies also try to meet ESG demands, cut the TCO of key physical assets, and increase uptime. Unfortunately, optimizing asset performance will remain challenging as long as organizations depend on split maintenance, monitoring, financial, and other systems.

SAP Intelligent Asset Management (SAP IAM) is a suite of connected tools that aims to support all stages of your assets’ lifecycle. The solution incorporates SAP Enterprise Asset Management, asset management for digital twins and IoT, the SAP S/4HANA modules for integrated finance and logistics, and intelligent analytics. These elements are the pillars of asset management planning, realization, monitoring, and improvement for various sectors used to manage networks of physical equipment.

The team of LeverX experts helps companies implement and adopt the SAP Intelligent Asset Management tools, reliably applying Industry 4.0 and Smart Factory approaches. Your assets will stop being merely machines and become intelligent and optimizable entities that will drive business efficiency.

SAP IAM Solutions

SAP IAM includes solutions that cover numerous aspects of the asset lifecycle, from planning to disposal.

Asset performance and maintenance

Field service management

Collaborative asset management

Strategic planning and investment

Resource allocation and scheduling

Linear asset management

Asset performance and maintenance

SAP IAM provides capabilities to carefully handle assets and extend their lifespan. In particular, these capabilities:

Track asset performance in real time and diagnose possible failures and degradation.
Use machine learning, intelligent analytics, and simulation models for predictive maintenance and prescriptions.
Align maintenance planning and execution by centralizing data, synchronizing asset performance, and autogenerating schedules and tasks.

SAP Asset Performance Management (SAP APM)

Leverage AI and IoT capabilities to benefit from predictive analytics and risk assessment.
SAP Enterprise Asset Management (SAP EAM)

Manage everyday asset operations; run scheduled and reactive maintenance across the asset base.
SAP Predictive Maintenance and Service (SAP PdMS)

Identify and prevent equipment issues with the help of sensor data, predictive modeling, and intelligent analytics.
SAP Analytics Cloud (SAC)

Track comprehensive data across the asset lifecycle with the help of BI reporting and real-time dashboards.

Field service management

SAP IAM contributes to timely and efficient asset services. The field service capabilities:

Allow technicians to remotely handle work orders, inspection data, and updates on assets.
Boost field service productivity with the help of automated team scheduling and dispatching.
Connecting service teams with other departments and external partners within a unified digital hub with up-to-date information.

SAP Service and Asset Manager

Get real-time mobile access to work orders, service tasks, and asset data.
SAP Field Service Management (SAP FSM)

Automate collaboration across service departments at customer locations.

Collaborative asset management

SAP IAM promotes collaboration between departments and external parties. In order to cooperate, it:

Unifies asset data and maintains its relevance across departments.
Keeps standardized and transparent asset documentation.
Makes it possible to trace asset service activities and performance.

SAP Business Network Asset Collaboration (SAP BNAC)

Create the digital twins of your assets to share unified information across the system of your service contractors and manufacturers.

Strategic planning and investment

SAP IAM supports strategic decisions regarding capital investments and budget distribution. The suite:

Coordinates organizational objectives and budget priorities.
Generates capital allocation guidelines based on performance and risk data.
Tracks asset utilization and ROI.

SAP Investment Management

Optimize capital expenditures and investments with comprehensive investment programs, investment measures, and an information system.
SAP Analytics Cloud (SAC)

Visualize and summarize asset performance and plan further investment scenarios.

Resource allocation and scheduling

SAP IAM optimizes the distribution of materials, equipment, and service teams. It:

Connects asset maintenance tasks with relevant resources and specialists.
Promptly updates schedules according to task priority, specialist availability, and other current performance data.

SAP Multiresource Scheduling (SAP MRS)

Monitor the status and availability of resources, equipment, and technicians for maintenance task planning.
SAP Analytics Cloud (SAC)

Receive the latest updates on resource utilization and workload.

SAP Linear Asset Management (SAP LAM)

Keep track of linear asset infrastructure in real time within a unified system.
SAP S/4HANA for Spatial Asset Management

Add GIS capabilities to your SAP environment for planning and monitoring based on locations.

Organizations can leverage the built-in capabilities of SAP IAM to identify the early signs of asset issues, receive more information on how to prevent them, improve maintenance planning, and lower maintenance and repair costs:

Prevent asset failures with the help of continuous AI analysis of IoT and operational data to recognize anomalies and symptoms of equipment degradation, as well as to activate preventive measures.
Streamline asset performance evaluation using automated image recognition and sensor analytics to perform consistent asset condition inspections.
Reduce asset downtime and balance technician workload with AI recommendations of optimal timing, spare parts, and other resources for maintenance operations.
Prolong asset lifecycle and reach lower TCO after implementing intelligent insights into asset strategies.

Minimize unexpected downtime

With real-time sensor data from physical assets and ML analytics, you can prevent possible failures and maximize uptime.

Achieve lower TCO

Reduce the emergency cases of repairs and part replacement with the introduction of prompt service based on AI insights.

Avoid fragmented data

Create digital twins to unify and synchronize data records for more informed decision-making.

Revise capital investment

Prolong the life of assets with historical and predictive data instead of replacements based on failures or age.

Strengthen transparency and collaboration

Leverage the capabilities of SAP Business Network Asset Collaboration for seamless information exchange with service contractors and manufacturers.

Provide compliance and safety

Keep all safety protocols and maintenance logs within the system and automatically record all the actions taken with the assets.

As part of the SAP system, SAP IAM can be seamlessly integrated with other solutions to create a data loop. You can also integrate the suite with external systems to get more details and support specific asset processes.

SAP S/4HANA: Synchronize asset maintenance execution with business operations; trace maintenance costs, equipment data, and work orders within different SAP systems to analyze operational and financial outcomes.
SAP Business Technology Platform (SAP BTP): Collect raw data from different data sources, add more sources when needed, and provide asset data for other departments.
IoT solutions: Receive more information from edge devices and sensors – such as vibration level or temperature – to be used in predictive models.
SAP Manufacturing Execution System (SAP MES): Align asset maintenance with production plans to make better decisions on the use of assets and reduce downtime.
SAP Product Lifecycle Management (SAP PLM): Ensure maintenance specialists have the necessary engineering data to simplify the search for causes in case of equipment failures and draw the correct conclusions.
Analytics and business intelligence tools: Connect with other BI and analytics tools to process and visualize asset maintenance data to discover new trends, opportunities, and support capital investments.
External partner and original equipment manufacturer systems: Exchange technical documentation and maintain complete asset records together with service providers, manufacturers, and asset-related specialists.

Industries That Benefit the Most From SAP IAM Implementation

LeverX works with organizations across multiple industries. According to our experience, SAP Intelligent Asset Management helps with key asset management issues.

Industrial manufacturing

SAP IAM helps enhance equipment efficiency and minimize downtime with real-time monitoring, predictive maintenance, and intelligent analytics.

Energy and utilities

With proactive maintenance and monitoring supported by SAP IAM, organizations can enhance the reliability of equipment and networks.

Oil and gas

Oil and gas organizations can prevent potential failures and provide security for their workers by connecting remote critical assets to the SAP IAM system to monitor their state.

Transportation and logistics

Companies can reduce the downtime of fleet and equipment with systematized asset visibility and optimized maintenance schedules.

Mining

SAP IAM ensures that IoT data and predictive analytics help prevent failures of the equipment and vehicles used in harsh conditions.

Pharmaceuticals

SAP IAM allows meeting GMP standards and keeping the transparency of asset maintenance for audits.

Chemicals

Organizations can implement maintenance strategies for the assets that are associated with risks and meet environmental regulations.

Why LeverX

Proven track record

For over 20 years, we have helped businesses worldwide succeed with SAP. We’ve already completed 1,500+ projects for over 900 clients, including top names on the Fortune 500 list.

Industry experts

The LeverX team comprises professionals with hands-on knowledge in 30+ industries, including manufacturing, logistics, and oil and gas.

SAP partnership

We implement SAP projects end-to-end  and collaborate with SAP on the development and enhancement of its existing solutions.

Quality and security

LeverX operates in compliance with international standards such as ISO 9001, ISO 27001, ISO 22301, and ISO 55001, ensuring reliability and quality in every project.

Investment in innovation

We actively integrate advanced technologies, such as Data Science, IoT, AI, Big Data, Blockchain, and others, to help clients efficiently address their business challenges.

Flexibility

Our team is available 24/7, which enables us to quickly deploy projects, maintain process transparency, and adapt each development phase to meet your specific requirements.

SAP IAM Implementation Roadmap

We follow the SAP Activate methodology, which breaks down the implementation of SAP IAM into the following stages:

Current processes evaluation: Assess existing business processes and identify the organization's needs.
Defining technical requirements: Create a detailed specification of the functional and technical needs of the new system; define which SAP IAM modules are needed.

Discover

Setting goals and objectives: Establish and agree on the goals to be achieved throughout the project.
Assembling the project team: Appoint team members and define their roles and responsibilities.
Project plan development: Create a comprehensive plan that outlines project phases, timelines, resources, and key performance indicators.
Budget determination: Estimate and approve the budget.
Specifications preparation: Develop the technical and functional specifications for the development team.

Prepare

Ensuring business requirements are met: Check that SAP IAM aligns with business requirements and project objectives.
Data validation: Verify the accuracy and compliance of the data.

Explore

Data migration: Transfer data from existing systems to the new one.
System configuration: Set up the solution according to requirements and specifications.
Customization: Develop additional features and modules, if the standard solution does not meet all needs.
Integrations: Configure SAP IAM to work with other IT systems and applications.

Realize

Testing: Perform functional, integration, regression, and load testing to ensure that all works correctly.
User training: Organize sessions to help users become familiar with the new system.

Deploy

System readiness check: Verify that the system is ready for operational use.
Launch: Officially transition to active use of SAP IAM.
Ongoing support: Continuously monitor solution performance to identify and resolve any issues.

Run

FAQ

We want to implement the suite within six months. Is it possible?

Implementation project timelines depend on the scope of work, your current systems’ complexity, and the number of integrations and customizations used. As a rule, the deployment of the basic SAP IAM functionality can take 3–6 months. Integrations with analytics tools, IoT equipment, and services can take an additional 3 months, on average.

We aren’t ready to switch to SAP IAM at once. Can you implement the solution in stages?

Yes. We can start with SAP Asset Performance Management or the other core modules, gradually extending their number to meet your evolving business priorities. This way, we will minimize disruption and provide you with an opportunity to realize measurable results after each module’s implementation.

Obviously, asset data is the key to successful maintenance. Are there any specific data requirements for SAP IAM?

It’s fair enough that structured and correct master data is a necessary condition for providing you with actionable analytics for further asset management. That’s why we assess data quality and readiness before the SAP IAM implementation, identifying potential gaps and standardizing datasets for migration and usage within the new system.

Currently, we run the organizational process within several clouds. Does SAP IAM work in a multi-cloud or hybrid environment?

Since SAP IAM connects with SAP BTP, it can be integrated with cloud and on-premise systems. The suite adapts to your digital landscape and can be scaled without drastic changes within your infrastructure.

1

An expert will reach out to you to discuss your specific needs and requirements.
2

We'll sign an NDA to ensure any sensitive information is kept secure and confidential.
3

We'll work with you to prepare a customized proposal based on the project's scope, timeline, and budget.