IFS, a leading provider of enterprise cloud and industrial AI software, signed a service partner agreement with Solpac Co., Ltd. for the IFS Cloud EAM solution for managing equipment assets. Japan’s manufacturing industry is now facing an unprecedented crisis. Serious labor shortages due to a declining birthrate and aging population, rapid retirement of skilled engineers, and frequent breakdowns of aging equipment. These factors are intricately intertwined, and production sites are struggling with the dual challenges of improving business efficiency and maintaining the quality of equipment maintenance. In particular, sudden breakdowns due to aging equipment can cause production line stoppages, delivery delays, and huge cost losses, threatening the survival of companies. To overcome this situation, IFS, which has an equipment management (EAM) solution that provides a comprehensive view of equipment assets and supports improved availability, reliability, and service quality, has entered into a strategic partnership with Solpac, a group of equipment maintenance professionals.
Through this partnership, IFS’s advanced EAM solutions and Solpack’s specialized engineers will provide implementation, development and maintenance services to promote the digital transformation of asset management in the manufacturing industry, achieving stable equipment operation and operational efficiency, while supporting sustainable and stable asset operation by transforming from reactive maintenance to preventive maintenance, and even to predictive and prescriptive maintenance using industrial AI.” By combining the strengths of both companies, we will fundamentally transform traditional asset management and provide unparalleled solutions to the challenges faced by manufacturers.
Specifically, the collaboration between the two companies aims to predict equipment failures, improve preventive maintenance, and achieve optimal lifecycle management, thereby preventing sudden equipment shutdowns, reducing maintenance costs, and improving equipment uptime.
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By strengthening their partnership, both companies will further strengthen their respective market advantages. In particular, IFS Cloud EAM is a flexible asset management solution incorporating AI, and is ideal for addressing the complex asset demands and ESG goals of industrial businesses. The solution is composable, meaning that multiple elements and modules can be combined to create and assemble them, making it ideal for projects, financial management, support, and more.
It can be easily combined with ERP and service management functions such as supply chain and field service as well as optimized maintenance scheduling.
Furthermore, we will build a system that complies with ISO55001 and tackle head-on the problem of aging infrastructure, which has plagued society for many years. Through planned and strategic asset management, we will contribute to the realization of a sustainable, safe and secure social infrastructure.
As members of the Japan Asset Management Association (JAAM), both companies are committed to training asset management professionals. Through training JAAM Certified Asset Managers (JCAMs), we will strongly promote the digital transformation of facility management for our customers and support their sustainable growth.
SOURCE: PRTimes
