How Cloud-based EAM Software Helps With Data Security
EAM (Enterprise Asset Management) helps in tracking, managing, and analyzing asset performance. This process maximizes the asset’s life, optimizes the operations, and reduces unnecessary expenses and costs. The EAM software allows the organization to execute effective asset and facility management. Even the EAM market is reported to reach $5.5 billion by 2026, which means the CAGR will be 8.7% during the forecast period.
Moreover, the cloud-based EAM software also helps safeguard confidential data related to business assets and keeps identity thefts away. It shows that EAM is an essential component for data security too. Let us now see a few features that advanced EAM offers for data security.
Real-Time Record Keeping
By keeping real-time records, the asset management and audit get improved manifold. This security feature also serves as a benefit because it makes the database of the company accurate. Moreover, EAM software helps with convenient data inputting and makes the records more accurate too. Furthermore, it makes the business responsive as the asset’s problems and relative data can be rectified before they cause any loss.
If there is any suspicious activity noticed, then the EAM software issues an alert. It will keep track of the maintenance of the assets and will reduce the manual work. Moreover, this will preserve your asset’s security and will ease out the core business operations. With Enterprise Asset Management, you can get more time to focus on your core competencies.
Provides Password Protection
EAM system provides individual password protection to help ensure that the assets and data are both protected. The password protection feature allows only the authorized people to access the provided data, and others can just get limited access to the information. This way, there will be no leaking of valuable business information, and there will be fewer to no data breaches.
Safety of the Physical Assets
Nowadays, organizations use the asset tags on the physical assets present in an organization. You can secure these assets by keeping track of these assets through the EAM system. Moreover, these asset tags help the EAM software get the asset’s location and keep them safe from replacement or theft. These asset tags will provide accurate information on every asset located at different places.
If you want to secure your business and asset data, then EAM software helps an organization., Data Direct provides comprehensive Asset Management solutions and related services to safeguard your organizational assets’ health. Call our experts today to know how we can help you.