Equipment Management Software

Features, Benefits and Success Factors

Equipment Management Software: - ScienceSoft

With 32 years in developing custom solutions, ScienceSoft designs and develops equipment management software that serves unique business needs

Custom software development services
Equipment Management Software: - ScienceSoft

Equipment Management Software: the Essence

An equipment management system is used to monitor the performance of enterprise equipment, manage equipment life cycle from planning to disposal, and automate its maintenance processes. The tool helps businesses maximize equipment life and efficiency, improve its safety and compliance, and increase ROI. The equipment management system integrates with ERP, MES, PLC, HMI, and more.

Sample Architecture of Equipment Management Software 

To enable comprehensive equipment management, ScienceSoft usually builds IoT-based solutions that include the following components:

  • Physical level. Sensors, RFID tags, barcodes, or QR codes mounted on equipment to collect various equipment-related data (e.g., location, performance, temperature). Collected data goes through the field gateways and the cloud gateway to the streaming data processor.
  • Data processing level. The streaming data processor transmits the input data to the data lake and control apps. From the data lake where the data is stored in its natural format it gets to the big data warehouse that stores structured data for further analysis. In-depth data analysis helps identify abnormal patterns and trends in equipment data and generate actionable insights on how to optimize equipment operation, schedule equipment maintenance before failure occurs, plan equipment procurement, and more. The machine learning component creates precise and efficient models based on historical data for control applications that send automatic commands and alerts to actuators.
  • Application level. Web and mobile applications enable users (managers, equipment operators and technicians, etc.) to communicate with the solution, view real-time equipment data and reports, create equipment profiles or electronic forms, and more based on business logic.

Equipment management system integrations - ScienceSoft

Key Features

Equipment information management

  • Equipment profiles with information on equipment type, model, serial number, manufacturer, mileage, location, etc.
  • Secure centralized storage and full-text search of equipment manuals, insurance and warranty documentation, and more.
  • Creation and real-time collaboration on equipment documentation (e.g., parts lists).
  • Creating various electronic forms (pre-shift inspection forms, hours of service logs, maintenance checklists and reports, etc.) for employees to complete in the field using phones and tablets.
  • Support for multimedia import (e.g., pictures of defects in equipment or produced parts) into submitted electronic forms.

Equipment monitoring

  • Equipment activity and condition tracking using various sensors (rotation, speed, vibration, temperature sensors, etc.).
  • Tracking location and availability of equipment with barcodes, QR codes, RFID tags, etc.
  • Equipment depreciation tracking.
  • Equipment safety of use tracking.
  • Tracking of equipment booking and check-in and check-out logs.
  • Notifications about identified defects (e.g., part displacement, breakdown, wear, corrosion) or other issues (e.g., unscheduled equipment use, theft) to an equipment operator or a supervisor.

Equipment maintenance management

  • Scheduling equipment inspection based on real-time equipment monitoring data.
  • Automated equipment checking for obsolescence.
  • Tracking location and availability of spare parts with barcodes, QR codes, RFID tags, etc.
  • Equipment maintenance history tracking.
  • Scheduling preventive maintenance based on equipment procurement date, equipment running time, etc.
  • Scheduling predictive maintenance based on equipment performance and condition data.
  • Scheduling equipment safety inspections.
  • Tracking maintenance activities and safety inspections.

Work order management

  • Regular or emergency work order creation for equipment or its parts requiring maintenance/replacement.
  • Prioritization of work orders based on equipment criticality, condition, and more.
  • Prioritizing equipment safety tasks and assigning them to relevant personnel.
  • Work order tracking (tracking time spent on maintenance, resources involved, etc.).

Warranty management

  • Tracking the history of warranty repairs for all purchased equipment.
  • Automated alerts about warranty agreement expiration.
  • Identification of warranty repairs when a work order is created.
  • Tracking labor hours spent repairing/replacing items under warranty for warranty claims.

Analytics and forecasting

  • AI-based analysis of real-time equipment data (e.g., uptime/downtime, speed, temperature) and identification of abnormal patterns.
  • Predicting breakdowns and expected time to failure due to corrosion, overheating, load misalignment, and other factors.
  • Root cause analysis of equipment-related issues (downtime, breakdown, overheating, etc.) based on historical data.
  • What-if analysis to predict equipment behavior (load change, operating problems, etc.) in response to operator actions and events.
  • Forecasting resources consumption by equipment, production costs, etc.

Reporting and dashboards

  • Templates for reports on equipment compliance, maintenance history, equipment failure, produced items, losses, production costs, depreciation costs, equipment utilization, fully productive time, etc.
  • Customizable role-based reports for technicians, supervisors, etc.
  • Real-time dashboards for equipment monitoring (operation speed, areas of increased safety risk, downtime, performance, cycle time, yield, uptime, etc.).
  • Historical reporting on equipment-related data.

AI-based equipment planning and optimization

AI recommendations for:

  • Investment planning and procurement of new equipment based on equipment life cycle cost analysis and equipment criticality.
  • Planning and scheduling equipment modernization, replacement or disposal based on its utilization, health and criticality assessment, etc.
  • Equipment maintenance strategy optimization based on predictions of equipment breakdowns.

Security and compliance

  • Equipment data encryption.
  • Multifactor authentication.
  • Permission-based access.
  • Audit trail.
  • Data backups.
  • Regulatory compliance (e.g., OSHA, FDA, EPA).

Streamline Equipment Management in Your Company

ScienceSoft’s team will gladly deliver a powerful equipment management solution to enable real-time tracking, facilitated maintenance, and AI-based optimization of your equipment.

Important Integrations

ScienceSoft recommends integrating equipment management software with:

Equipment management system integrations - ScienceSoft

  • ERP - to streamline equipment management and resource planning processes, for example, planning and purchasing of new equipment.
  • Production systems (PLC, HMI, SCADA, MES, etc.) - to centralize and analyze equipment condition and performance data, including data about anomalies (e.g., overheating, unplanned stops) received by various production systems from sensors, barcodes, and RFID tags.
  • Communication tools (e.g., Microsoft Teams, Slack) – to eliminate communication silos and facilitate the collaboration of a maintenance team on work orders in the equipment management system using live chat and video calls.

Success Factors for Equipment Management Software

Intuitive user apps

For equipment operators and maintenance teams that don’t require advanced training or support from an IT team to use effectively.

Custom real-time dashboards

To create full visibility into multiple equipment metrics (e.g., yield, operating speed, uptime) that are dynamically updated. The dashboards are tailored to specific user roles (e.g., an equipment operator, a maintenance worker, a supervisor) to maximize the efficiency of provided information.

Powerful analytics

To get AI-driven insights about equipment performance, root causes of equipment failures, efficient equipment planning and procurement, as well as to enable predictive maintenance and assess its efficiency.

Bulletproof security

Due to data encryption, access control, multifactor authentication, and other security measures that protect data on equipment location, performance, condition, costs and ensure compliance with relevant regulations (e.g., OSHA, HIPAA, FDA, EPA).

Costs and ROI

The implementation costs of equipment management software for a midsize business vary greatly depending on the number and types of equipment, the number of users and their roles, features and integrations required, and other factors.

Key financial outcomes

  • Up to 95%

    equipment uptime due to efficient equipment monitoring and maintenance

  • -90%

    time spent on equipment inspection due to remote monitoring

  • -30%-50%

    equipment maintenance costs due to predictive and preventive maintenance.

  • +20%-50%

    increase in equipment productivity due to reduced equipment downtime

  • -10%

    production and operating costs due to effective equipment condition monitoring and alerting

  • Equipment Management Products ScienceSoft Recommends

    CHEQROOM

    Description

    CHEQROOM provides full visibility into equipment location, availability and condition via automated reports and real-time dashboards, which help quickly detect issues and make informed decisions about equipment usage, disposal, purchase, and more. The tool enables equipment tracking, booking, check-in/check-out as well as equipment maintenance management.

    Best for

    Management of frequently moving equipment

    MaintainX

    Description

    MaintainX, equipment maintenance software, is used primarily for tracking corrective and preventive maintenance activities and controlling equipment parameters like activity and safety. Among its most popular features are incident detection, work order creation, parts inventory tracking, team collaboration on equipment maintenance, regulatory compliance tracking, and more.

    Best for

    Equipment maintenance and operations management

    UpKeep

    Description

    UpKeep provides equipment activity tracking and inspection, alerting, incident management, predictive and preventive maintenance. The tool offers rich work order management capabilities, such as creating and assigning work orders; prioritizing maintenance tasks based on due dates and criticality; generating notifications when the maintenance task status (e.g., created, completed) is updated.

    Best for

    Work order management

    Fiix

    Description

    Fiix is maintenance tracking software that keeps detailed records of equipment performance and maintenance history. The QR code is generated after an equipment record is created in Fiix. This QR code can be printed and placed on the equipment, which helps a technician quickly access the record, log a work request, check the attached documents, etc., by using the mobile app. What’s more, the tool facilitates preventive and predictive maintenance.

    Best for

    Equipment performance, location and maintenance tracking

    When to Opt for a Custom Equipment Management System

    ScienceSoft recommends opting for a custom solution when you need:

    A tool that suits your specific equipment management processes, while available market solutions don’t. For example, if you need to compare equipment performance and operation across multiple facilities.

    Seamless integration with your existing software (e.g., ERP, MES, PLC, HMI, communication software), especially when there are custom tools.

    Full compliance with specific internal and external regulations (e.g., by OSHA, FDA, EPA).

    Equipment Management Solution Implementation

    In IT for manufacturing since 1989, ScienceSoft advises on and delivers efficient equipment management solutions.

    Equipment management software consulting

    • Analysis of equipment management needs.
    • Defining technical requirements for the equipment management solution.
    • Selection of a suitable platform for platform-based implementation or outlining the solution’s architecture and a tech stack for custom development.
    • Advising on key integrations for the solution (e.g., ERP, MES, PLC, HMI, communication software).
    • Elaborating on a data security strategy.
    • Creation of a project plan and a business case including time, cost and ROI estimation.
    REQUEST CONSULTING

    Equipment management software implementation

    • Analysis of equipment management needs.
    • Eliciting the solution’s requirements.
    • Architecture design of the equipment management solution.
    • UI and UX design of user apps.
    • Development of the solution from scratch or customization of ready-to-go equipment management software.
    • Integration of the solution with ERP, MES, PLC, HMI, communication software, and more.
    • Quality assurance of the equipment management solution.
    • After-launch support and evolution.
    REQUEST IMPLEMENTATION
    About ScienceSoft

    About ScienceSoft

    ScienceSoft is a global IT consulting and software development company headquartered in McKinney, Texas. We offer advisory, design, implementation, support and evolution services to provide businesses with efficient equipment planning, tracking and life cycle management. Being ISO 9001, ISO 27001 and ISO 13485 certified, we guarantee high-quality IT services and the security of our customers’ data. If you are interested in equipment management software, reach out to ScienceSoft’s team.