Enterprise Asset Management

Track asset data, increase reliability, reduce operational costs, and meet regulatory requirements.

As organizations continue to see significant increases in connected assets, True North’s proven methodology and exceptional, multidisciplinary team delivers a strategic approach to assisting clients along their asset management journey regardless of their organization’s maturity level.
 
With an increased need for data-driven asset management decisions, Enterprise Asset Management (EAM) solutions are more important than ever. True North’s assessments can objectively identify the current maturity level of your organization’s processes and tools and then recommend a roadmap of improvements that align with your asset management objectives, corporate visions, and strategies. Our vendor-neutral system software selection process can guide you through the difficult task of identifying an EAM solution that will suit your budgetary, regulatory compliance, and maintenance requirements.
 
Our EAM solutions ensure visibility to critical assets throughout their lifecycle by optimizing asset performance and longevity through proactive and predictive maintenance and modelling.




Achieve true clarity and peace of mind with a comprehensive view of your complex asset environment


Enterprise asset management combines software, systems, and services to maintain assets and equipment. EAM covers the entire lifecycle of an asset, from procurement through operation, and maintenance to eventual asset disposal or decommissioning.
Design
Design
Construct
Construct
Commission
Commission
Operate
Operate
Decommission
Decommission


EAM solutions enable organizations to maximize asset use; save money; improve quality and efficiency; and safeguard health, safety, and the environment. A solution tailored to your organization will ensure you know what you have, where it is, how important it is, and who is responsible for managing and maintaining it.

True North’s experienced team of EAM professionals can help your organization:


  • Optimize asset performance
  • Avoid costly asset downtime
  • Increase asset lifespans and ROI on assets
  • Ensure regulatory compliance

EAM is used to optimize assets across different industries and applications


Enterprise asset management solutions are utilized by organizations across many industries and provide immense benefits in various applications. Industrial and utility organizations rely on EAM to increase efficiency and reliability and better manage maintenance schedules and costs.

True North’s EAM solutions provide holistic benefits to your organization. Specific situations where these solutions can be most beneficial include


Unsure if you have the right CMMS/EAM system to get you where you need to be?


Our fully integrated EAM solution offering is managed by our seasoned, multidisciplinary EAM leadership team. Our approach, developed through decades of international EAM experience, takes clients through the following process while providing stackable, affordable solutions.



1. Assessments

  • Assess
    • Asset and work management strategies
    • Analyze as-is processes
    • Develop future state road mapping
    • Identify business, technical and application requirements
  • Software selection
  • Field equipment data gathering and audits
  • Reporting and KPI development
2. Implementation

  • System implementation
    • Master data transformation and migration
    • Application design and configuration
    • Feature deployments
    • Systems integrations
    • Go-live training and handover
  • Cloud migrations
  • IoT integrations to EAM solutions
2. Support

  • System support
  • Technical and business support
  • Software upgrades
  • Training services

Meet the team


True North’s EAM team bring more than 30 years of experience specializing in EAM solutions, comprising physical asset and maintenance management for clients in multiple industries across North America and globally. Together, our EAM subject matter experts support our clients in all aspects of consultation and implementation — from performing initial needs assessments, mapping business processes, implementing and integrating solutions, executing user acceptance testing, facilitating training, and providing post-go-live support.



Brian Gorsline

Brian Gorsline

EAM Team Business Manager
Brad Hooper

Brad Hooper

EAM Solutions Architect
Gerry Pinchbeck

Gerry Pinchbeck

EAM Solutions Architect

The value of EAM systems



Cost optimization

  • Efficient operations for maintaining mission-critical equipment have a positive effect on the margin.
  • A digitally assisted technician makes better use of time, which contributes to cost optimization.
  • Spare part consumption is optimized when unplanned work is eliminated, which reduces emergency spending and budget overruns.


Capital allocation

  • Asset investment planning matches the condition of the equipment and its expected decay with the required level of service, providing early insights into capital needs for the future.
  • Inventory optimization (only investing in inventory as needed) frees up working capital for better use.
  • Investors and other stakeholders demand positive change in the company’s ESG/sustainability before providing access to new capital.
  • Extending the life of the equipment through proper care of assets with correct maintenance and sustainable operations extends the life of assets and optimizes CAPEX.
ESG & regulatory compliance

  • Sustainable asset management helps achieve environmental goals, and auditability helps with compliance.
  • ISO 55000 (the best practice for asset management) matches the asset management goals with the strategic direction of the company and provides a line of sight to stakeholders.
  • Properly applying safety processes and implementing permit-to-work processes reduces the risk of incidents and safeguards employee safety.
  • Improved auditability ensures compliance and mitigates risks of fines or loss of license to operate.
  • Asset sustainability helps improve equipment’s energy efficiency, ultimately contributing to environmental sustainability.


Digital operations

  • Digital technology harnesses knowledge, provides safe operations, and increases productivity.
  • Improved connectivity improves access to job information, asset data, and documentation resulting in productivity improvements.
  • Connected sensors provide online and real-time access to equipment performance data.
  • Work process optimization reduces lead times and makes for easier/quicker approval cycles.
  • Technicians can harness hands-free operations for safer and more efficient work.

Our EAM team supports major software manufacturers, including:



Hexagon EAM (formerly Infor EAM)


IBM Maximo


Fluke eMaint CMMS

Canadian Headquarters

7180 - 11th Street SE
Calgary, Alberta T2H 2S9


Phone 403.984.2000
Fax 403.259.2243
American Headquarters

8822 South Ridgeline Blvd, Suite 240
Highlands Ranch, CO 80129

Phone 303.740.7555
Fax 303.738.9777
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