Oracle Enterprise Asset Management provides comprehensive planning, tracking and execution to support optimal asset monitoring and performance. Its sophisticated, condition-based maintenance strategies for plants, property and public infrastructure along with an integrated asset repository ensures best practices and quality compliance globally. Oracle Enterprise Asset Management (eAM) eliminates excess and obsolete spare parts inventories, promotes environmental, health and safety policies, and improves coordination of production and maintenance schedules.
Advancement in technology has open the door for more cloud based maintenance of equipment. This allows organizations to stop depending on on-premise or hosted applications reducing support and needed patching outages. Oracle has developed a product called Oracle Maintenance Cloud which is the Cloud version of the Oracle EBS module Enterprise Asset Management.