ABB Ability Asset Suite EAM vs IFS Cloud Platform vs Oracle Enterprise Asset Management comparison

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Executive Summary

We performed a comparison between ABB Ability Asset Suite EAM, IFS Cloud Platform, and Oracle Enterprise Asset Management based on real PeerSpot user reviews.

Find out what your peers are saying about IBM, IFS, Oracle and others in Enterprise Asset Management.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pricing and Cost Advice
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  • "It is better to buy implementation services from IFS than from partners"
  • "Licensing is on an annual basis, with no additional costs."
  • "Ask for all-inclusive pricing, as they are pretty flexible if you ask for custom models."
  • "Pricing is an area that could be improved. They could be more competitive."
  • "IFS Applications is expensive software, but it's on par with SAP and Oracle. It's for large enterprises and government entities and not for small and medium-sized enterprises. They have one licensing model, but if you want to have a module-specific license, they provide component-based licenses. Unlike SAP and Oracle, it doesn't have different levels of licensing. It's one level of licensing."
  • "There's an additional yearly cost for support."
  • "There are varying license levels that you can purchase."
  • "IFS Applications are competitive in terms of pricing compared to other vendors, such as SAP, Oracle, and Epicor. They are generally cheaper, especially for licensing costs."
  • More IFS Cloud Platform Pricing and Cost Advice →

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    Top Answer:Scalability-wise, I rate the solution a nine or ten out of ten since it is an extremely scalable solution that can be… more »
    Top Answer:IFS Cloud Platform is not a cheap solution, and it is an extremely functional one. I consider it to be a well-priced… more »
    Top Answer:I think that with the latest version of the product in the cloud, the user experience is very good since it is highly… more »
    Top Answer:The whole product is important and valuable to us.
    Top Answer:The tool is very expensive. The solution increases the cost by eight percent every year. I rate the pricing a ten out of… more »
    Top Answer:The product needs to improve the features related to finance, supply chain, and HR administration. The UI must be… more »
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    Comparisons
    Also Known As
    Asset Suite EAM
    IFS Applications, Assyst, IFS Cloud
    Learn More
    Overview

    Asset Suite EAM is specifically designed to address the unique challenges faced by power generation operations, driven by utility requirements and implemented by utility-experienced teams. It is the most complete state-of-the-art, mobile-enabled EAM solution available. 

    Asset Suite EAM enables standardizing and streamlining work processes to maximize worker productivity, and improves your ROI on assets through increased availability, reduced planned outage time, and improved reliability.

    IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers – at the Moment of Service​​​​​​​. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 4,500 employees every day live our values of agility, trustworthiness and collaboration in how we support our 10,000+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.

    Oracle Enterprise Asset Management provides comprehensive planning, tracking and execution to support optimal asset monitoring and performance. Its condition-based maintenance strategies for plants, property and public infrastructure along with an integrated asset repository ensures best practices and quality compliance globally.

    Oracle Enterprise Asset Management (eAM) eliminates excess and obsolete spare parts inventories, promotes environmental, health and safety policies, and improves coordination of production and maintenance schedules.

    Sample Customers
    EPZ, NRG Gladstone
    Carlsberg, Pukka, Aston Martin, Sky, China Airlines, Cimcorp, Mini, Pepsi.
    averda, Eaton Corp., Hover Automotive India Pvt. Ltd., Kalpataru Ltd, SITA, United Automotive Electronic Systems Co. Ltd., Yarra Valley Water, KEC International Ltd., eVerge Group, Cerner Corp., Standard Life, Company RS a.d. Banja Luka (Telekomunikacije RS a.d., Banja Luka Telecommunications
    Top Industries
    VISITORS READING REVIEWS
    Energy/Utilities Company22%
    Government17%
    Computer Software Company8%
    Manufacturing Company7%
    REVIEWERS
    Manufacturing Company46%
    Educational Organization15%
    Transportation Company8%
    Training & Coaching Company8%
    VISITORS READING REVIEWS
    Computer Software Company18%
    Manufacturing Company11%
    Government8%
    Comms Service Provider6%
    VISITORS READING REVIEWS
    Energy/Utilities Company15%
    Government12%
    Computer Software Company10%
    Manufacturing Company8%
    Company Size
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise4%
    Large Enterprise82%
    REVIEWERS
    Small Business38%
    Midsize Enterprise34%
    Large Enterprise28%
    VISITORS READING REVIEWS
    Small Business23%
    Midsize Enterprise17%
    Large Enterprise60%
    VISITORS READING REVIEWS
    Small Business25%
    Midsize Enterprise9%
    Large Enterprise66%
    Buyer's Guide
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    March 2024
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    767,847 professionals have used our research since 2012.