Integration of Invensys EAM and Microsoft Dynamics Solution cuts downtime, costs, risk
Invensys Operations Management Avantis.PRO enterprise asset management software is more tightly integrated with Microsoft Dynamics AX enterprise resource planning software.
Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the process and manufacturing industries, announced on Dec. 1 its Avantis.PRO enterprise asset management (EAM) software is now more tightly integrated with Microsoft Dynamics AX enterprise resource planning (ERP) software. The integration of these leading software packages provides a powerful, easy-to-use solution that ensures financial and enterprise-planning decisions are made using timely, reliable information about the health and operation of all assets within a manufacturing facility or organization.
The Avantis.PRO solution is among the industry's most comprehensive EAM offerings, Invensys Operations Management (IOM) says, and Microsoft Dynamics AX 2009 is a leading business management and ERP solution, facilitating business functions such as general ledger, accounts receivable and asset value reporting. The integrated package is a standard, scalable architecture that will appeal to information technology, business operations and plant managers alike.
"As manufacturers seek to drive more and more value from their existing assets , EAM technology is becoming increasingly more strategic to their business and is equally strategic to ours," said Mike Ehrenberg, distinguished engineer, Microsoft Corp. "The Avantis.PRO EAM software from Invensys has a stellar reputation for quality and for the service that stands behind it. Together with Microsoft Dynamics ERP, we strengthen the combined value we deliver to our customers, providing a powerful, easy-to-use asset optimization solution that can grow and change with them."
The software integration can be easily implemented, and it supports enterprise planning and decision making, improves financial and operating controls and facilitates interdepartmental collaboration, IOM says.
Expected benefits include :
- Greater enterprise-wide data access, which improves asset availability and utilization by providing financial systems with timely access to asset-related data, such as maintenance planning and schedules, projected failure rates and equipment service histories.
- Seamless coordination and automation of business processes, improving efficiency, increasing accuracy and eliminating data entry errors.
- Faster, easier connectivity through the use of predefined connections and standards-based integration concepts and frameworks.
- Lower costs, by implementing a scalable, out-of-the-box solution that can be upgraded as the business requires.
- Higher reliability, based on implementation of proven, heavily tested software from trusted sources.
"EAM systems can provide demonstrable results in a relatively short time frame," said Bill Polk, director of research at AMR Research, in the June 2009 AMR research report, Asset Management Algebra: EAM = ROI. "In today's environment, where budgets are tight and freeing up or conserving working capital is paramount, developing and implementing a robust EAM solution can help deliver incremental profit to the bottom line."
Invensys is a Microsoft Gold solutions partner and is in the process of becoming "Certified for Dynamics" via the Microsoft CfmD Program. Invensys and Microsoft are also exploring other integration opportunities, including an active project for the integration of Invensys' Wonderware Manufacturing Execution System technology with the Microsoft Dynamics ERP.
"This latest collaboration is a product of a long and successful business relationship that Invensys and Microsoft have enjoyed, not just with Avantis, but with many of our products," said Sudipta Bhattacharya, president and chief executive officer, Invensys Operations Management. "Augmenting Microsoft's open development and applications environment with our experience in building solutions that address the intricacies of production environments significantly reduces risk, maximizing return not only on software investment, but on all assets."
Invensys Operations Management, a division of Invensys , is headquartered in Plano, TX. Its solutions are used by more than 40,000 clients around the world in more than 200,000 plants and facilities. Invensys Operations Management's offerings are delivered under several prominent industry brands, including Action Instruments, ArchestrA, Avantis, Barber-Colman, Chessell, Continental, Eurotherm, Foxboro, IMServ, InFusion, SimSci-Esscor, Triconex and Wonderware. The company's approximately 9,000 employees and its global partner ecosystem integrate these products and services to help clients collaborate across systems and enterprises in real time, extracting critical data to make faster, better decisions and synchronize their operations from the plant floor to the executive offices, aligning production goals with business objectives.
Invensys plc is headquartered in London and is listed on the London Stock Exchange (ISYS.L), with approximately 20,000 employees working in 50 countries.
- Edited by Mark T. Hoske, electronic products editor, Manufacturing Business Technology , MBT www.mbtmag.com
- Events & Awards
- Magazine Archives
- Oil & Gas Engineering
- Salary Survey
- Digital Reports
Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey