Intelligent CIO Africa Issue 27 | Page 47

//////////////////////////////////////////////////////////// Technological advances, along with the associated price drop for smart products being developed for the Internet of Things (IoT), now make it possible to monitor almost any asset in real-time from nearly any location across the globe. This further boosts the power and usefulness of an EAM solution. It is imperative that the EAM solutions that are implemented are www.intelligentcio.com FEATURE: ENTERPRISE RESOURCE PLANNING built on robust, newer technologies that can easily support IOT, AI and smart bots. EAM and ERP: A critical partnership To sum up, ERP manages business operations, while the EAM system manages all the monitoring and operations of the asset. That means for most companies it isn’t an either-or Mohamed Cassoojee, MD and Country Manager, IFS South Africa INTELLIGENTCIO 47