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Enterprise Asset Management increases company productivity
The Datastream solution is aimed at all asset-intensive companies. These companies tend to be interested in controlling their maintenance and operational costs, in reducing their equipment downtime and thus increasing their productivity.
By concentrating all its efforts on continued software R&D, Datastream offers businesses a financial and technical solution for managing all Assets, focused on optimal profitability and productivity for each asset and of course rapid ROA (Return On Asset) growth.
Our Datastream7i, MPxconnect and iProcure Internet or Client-Server solutions fully adapt to businesses’ Asset Lifecycles and their strategic directions.
Asset Lifecycle Management therefore has 4 distinct phases: Buy, Track, Manage and Sell:
1. BUY
Every decision to buy assets impacts a company’s profitability. We help you make the right decisions based on your asset strategy and historical data,
2. TRACK
Increase your assets’ efficiency by reducing downtime costs, taxes, etc.,
3. MANAGE
Obtain the maximum production level from your assets together with a longer lifecycle and increased reliability,
4. SELL
Sell rather than get rid of your assets, and so reinject CASH into your company.
Through Asset Lifecycle Management, businesses therefore can:
- Improve their financial results through an optimised Return on Investment and Return on Asset
- Increase their operating efficiency and reduce equipment downtime
- Centralise their procurement and reduce their administration costs
- Rationalise their production and asset management.
Today, Datastream can offer businesses a set of solutions that suit their needs and integrate fully in their environment.
Despite the fact that computerised maintenance management systems have been developed for around twenty years, more and more companies realise the benefits of such a solution:
- Increasing the output of facilities without additional capital investment
- Limiting breakdown and repairs of costly equipment
- Reducing costs associated with usage, supply and storage of spare parts
- Increasing competitiveness by maximising efficiency and using useful information to make relevant decisions
Research reveals that companies actually spend an average of 8% of their turnover on maintenance. The Datastream solution aims to reduce its customer overall maintenance costs by 10% to 20% and their storage and supply costs by at least 30%.
The Company
Datastream Systems (NASDAQ:DSTM) is the developer of the award-winning line of enterprise asset management (EAM) systems and on-line industrial procurement tools and applications.
Datastream provides all software, installation, training, and consulting to assist customers at every stage of an asset’s lifecycle, including controlling spare parts inventories, scheduling tasks to reduce equipment downtime, and expediting the purchasing process.
The Solution
The Datastream product range includes:
Datastream 7i A fully web architected, and modular solution that is 100% Oracle based and developed with the Oracle Developer/ 2000 toolset.
MP2 Enterprise and Professional
A client/server software package that is available on Microsoft Access, SQL or Oracle databases.
MPXconnect
A comprehensive asset management service offered as a hosted application.
iProcure The industrial procurement network, which integrates with the Datastream products, and all the demand-driven ERP packages.
The advantages of this range are state-of-the-art technology, advanced functionalities and total compatibility between products. Its common features simplicity, technology, functionality and value – are also the cornerstones of real enterprise asset management.
The Datastream Advantage
Datastream can follow the rapid technological developments of today and tomorrow with the same fundamental approach:
- Providing clients with a solution adapted to suit their needs
- Providing state-of-the-art technology
- Providing powerful, user-friendly functionalities
- Pricing the products with rapid return on investment potential
- Providing customer support for project implementation
It is this simple but proven philosophy that has brought Datastream over 10 years of success.
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