Fluke Reliability’s EAM solution eMaint positioned as a Leader in Green Quadrant for Enterprise Asset Management
Rhea-AI Summary
Fluke Reliability, a subsidiary of Fortive [NYSE: FTV], announced that its EAM solution eMaint has been positioned as a Leader in the 2024 Green Quadrant EAM Verdantix report. The report highlights eMaint's strengths in:
- Inventory management
- Inspections
- Work order management
- Analytic capabilities
The report also recognizes eMaint's Parts & Materials Management module, recent acquisition of Azima DLI for predictive maintenance, and partnerships with Verusen and Augmentir for AI-based spare parts optimization and connected worker functionality. eMaint's open API architecture enables seamless integration with various enterprise systems and IoT platforms, enhancing asset health monitoring and analysis.
Positive
- eMaint positioned as a Leader in the 2024 Green Quadrant EAM Verdantix report
- Strong capabilities in inventory management, inspections, and work order management
- Acquisition of Azima DLI adding predictive maintenance capabilities
- Partnerships with Verusen and Augmentir for AI-based spare parts optimization and connected worker functionality
- Open API architecture enabling seamless integration with enterprise systems and IoT platforms
Negative
- None.
Insights
eMaint's positioning as a Leader in the Verdantix Green Quadrant for EAM is a significant achievement for Fluke Reliability and its parent company Fortive. This recognition highlights eMaint's strengths in inventory management, inspections and work order management, which are important for manufacturing and industrial sectors.
The report's emphasis on eMaint's open API architecture and integration capabilities with IoT platforms and ERPs is particularly noteworthy. This flexibility allows for better asset health monitoring and efficiency improvements, which are increasingly important in the Industry 4.0 era.
Fluke Reliability's recent acquisition of Azima DLI and partnerships with Verusen and Augmentir demonstrate a strategic move towards enhancing predictive maintenance and AI-based optimization. These additions could potentially drive future growth and market share in the competitive EAM space.
For investors, this recognition may translate to increased market confidence in Fortive's industrial technology portfolio, potentially leading to improved sales and market position in the long term. However, the impact on stock price may be in the short term, as this is more of a product achievement rather than a direct financial result.
Independent research firm, recognizes eMaint as a leader in the market citing strengths in inventory management, inspections, work order management, and analytic capabilities.
Norwich, UK, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Fluke Reliability, a wholly owned subsidiary of Fortive Corporation [NYSE: FTV], which empowers reliability and maintenance teams with the hardware, software, and services they need to optimize asset performance, today announced that its EAM solution, has been positioned as a Leader in the 2024 Green Quadrant EAM (Enterprise Asset Management) Verdantix report.
The Verdantix Green Quadrant for EAM, positions eMaint as a Leader in the Enterprise Asset Management Category, recognizing its market-leading inventory management capabilities, strong inspections, and work order management capabilities.
Ranked highly for inventory management capabilities, eMaint’s Parts & Materials Management module was called out as key contributor for both the analysts and customers interviewed. The module includes a full suite of requisitioning, purchasing, and receiving capabilities with robust stock management, transaction records, and reporting functionality.
Recognizing the functionality Fluke Reliability has added through both acquisitions and strategic partnerships this year, the report highlighted the acquisition of Azima DLI adding predictive maintenance capabilities and partnerships with Verusen and Augmentir adding AI-based spare parts optimization and connected worker functionality for broader personas respectively.
Verdantix also highlights eMaint’s inspection capabilities and work order management as core strengths, offering manufacturers powerful configuration options that can be customized to suit the plant and workers within. Coupled with eMaint’s flexible scheduling and out-of-the-box low-code and customizable templates, the software demonstrates its ability to meet diverse operational needs.
Another key differentiator is eMaint’s open, REST-based API architecture, which enables seamless integration with a wide range of enterprise systems and IoT platforms, including ERPs and Fluke Reliability’s Azima DLI Watchman 360 vibration analytics platform. This integration enhances customers' ability to monitor and analyze asset health with greater precision and efficiency.
"In recent years, the Enterprise Asset Management market has experienced significant transformation driven by the challenges faced by organizations as they adjust to evolving market demands,” commented Hugo Fuller, Senior Analyst, Verdantix. “Within this landscape, the Verdantix research finds that eMaint possesses strengths to address the needs of manufacturers seeking Enterprise Asset Management solutions.”
Jason Waxman, President of Fluke Corporation and Fluke Reliability, said, “After focusing on building the most industry-centric and configurable EAM solution on the market, it feels great to be recognized as a Leader in Enterprise Asset Management by Verdantix. This acknowledgment underscores our commitment to delivering innovative solutions that strengthen our customer's operational resilience as they embark on their journey to connected reliability.”
Commenting on the recognition, Aaron Merkin, Chief Technology Officer of Fluke Reliability, said, “There is a heightened demand for advanced predictive maintenance technologies,and mobile-first intelligent asset management software that empowers businesses to anticipate issues, optimize performance, and extend asset lifecycles. eMaint's position as a leader in enterprise asset management attests to its capacity to deliver value and ensure return on investment for our customers in a volatile landscape.”
To read the full Verdantix report, visit https://www.verdantix.com/research-portal
About Fluke Reliability
Fluke Reliability, a division of Fluke Corporation, offers reliability and maintenance teams the tools, software, and services they need to optimize asset performance. Home to powerful, iconic brands – PRUFTECHNIK, and eMaint – Fluke Reliability serves more than 70,000 technicians worldwide with a relentless dedication to quality, innovation, and service. Fluke Reliability informs customers on the health of their assets with software and services that drive better maintenance decisions – improving productivity, driving uptime, and reducing costs. For more information on Fluke Reliability's Enterprise Asset Management Software, visit Fluke Reliability.
Fluke Reliability is a registered trademark of Fluke Corporation a wholly owned subsidiary of Fortive Corporation [NYSE: FTV]. The names of actual companies and products mentioned herein may be the trademarks of their respective owners. For more information, visit the Fluke website.
FAQ
What recognition did Fluke Reliability's eMaint receive in the 2024 Green Quadrant EAM Verdantix report?
What recent acquisition has Fluke Reliability made to enhance eMaint's capabilities?
How does eMaint's API architecture benefit its users?
What partnerships has Fluke Reliability formed to enhance eMaint's functionality?
