Asset management is the process of managing a company's physical or non-physical assets, including machinery, equipment, vehicles, real estate, financial assets, and intellectual property.
Asset management involves monitoring, maintaining, upgrading, and disposing of assets to optimize their value and minimize costs and risks. Asset management typically involves the following steps:
Asset Inventory:
Identify and catalog all assets, including their location, condition, age, and maintenance history.
Asset Tracking:
Track assets in real-time to monitor their usage, performance, and maintenance requirements.
Maintenance and Repair:
Establish and execute a maintenance and repair schedule to keep assets in optimal condition and minimize downtime.
Replacement and Disposal:
Develop a plan for replacing or disposing of assets at the end of their useful life.
Performance Analysis:
Analyze asset performance data to identify areas for improvement, optimize asset utilization, and reduce costs.
Traditional asset management typically involves managing physical assets such as machinery, equipment, and vehicles using manual processes, spreadsheets, or legacy systems. In contrast, mobile asset management involves using cloud-based software applications and mobile devices to track, manage and optimize assets in real-time, from anywhere.
Here are some of the key differences between traditional asset management and mobile asset management:
Accessibility:
Traditional asset management requires physical access to asset records, which can be time-consuming and error-prone. Mobile asset management, on the other hand, provides real-time access to asset data from any location using a mobile device, enabling remote monitoring and management of assets.
Automation:
Mobile Asset Management Solutions automate asset tracking, maintenance scheduling, and work order management, eliminating the need for manual data entry and reducing the risk of errors. Traditional asset management typically requires manual data entry and is prone to errors.
Cost:
Traditional Asset Management Systems can be expensive to implement, maintain, and upgrade. Mobile asset management, on the other hand, is usually cloud-based, with no upfront costs or capital expenditures. This makes it more affordable and accessible for small and medium-sized businesses.
Efficiency:
Mobile asset management solutions can improve efficiency by streamlining asset management processes, reducing downtime, and increasing asset utilization rates. Traditional asset management processes are often time-consuming and inefficient, leading to reduced productivity and increased costs.
Real-time Data:
Mobile asset management solutions provide real-time data, enabling asset managers to make informed decisions about asset utilization, maintenance, and repair. Traditional asset management processes rely on historical data, which may not be up-to-date or accurate.
Effective asset management is critical to the success of businesses, particularly those that rely heavily on physical assets, such as manufacturing, construction, transportation, and logistics. By optimizing asset utilization, minimizing downtime, and reducing maintenance and repair costs, asset management can help businesses improve efficiency, increase productivity, and boost profitability.
Overall, mobile asset management provides a more efficient, cost-effective, and accessible approach to managing assets than traditional asset management. By leveraging cloud-based software applications and mobile devices, mobile asset management enables real-time tracking, monitoring, and management of assets from anywhere, at any time.
The best thing about Cryotos CMMS software is that it always tells me when something needs to be fixed - before it breaks and cost me a fortune!
The software is very user-friendly, and even if I don't know how to do something, the support team is always there to help me out.
Most importantly, unlike other such software, Cryotos is editable and hence the user can modify how the software works as per their need, we made several changes in the workflow & flowchart with the help of development team.
I don't know what I would do without Cryotos! I've been using it for years, and it has saved me so much time and money. I highly recommend it to anyone who wants to manage their assets efficiently.
Since we've been using Cryotos CMMS Software, our asset maintenance management has been running more smoothly than ever. We're able to track and optimize our preventive maintenance with ease, thanks to the customized process workflow. This has been a lifesaver for our team!
The Cryotos CMMS software has allowed us to manage our assets more effectively and efficiently. It has helped us to improve our asset utilization. The software is user-friendly and easy to navigate, and the support team is always quick to help with any questions we have. We're very happy with the results we've seen so far and we're confident that we'll continue to see improvements in our asset management as we use the Cryotos CMMS software.
Cryotos goes above and beyond when it comes to customer satisfaction. Planys Technologies use Cryotos for preventive/ corrective maintenance of our critical systems and not once did we face a problem that was not dealt with immediately. The team is extremely professional and helpful. We can rely on Cryotos when it comes to the operations and processes.
Thanks to the whole team for the amazing performance and thought leadership. It's rare to see teams that can put themselves in the customer's shoes and think from their perspectives - Cryotos team doesthat and more.
We recommend Cryotos if you are looking to put an end to your preventive maintenance problems and sign up with them!
Thanks to the team for an awesome job.
On behalf of Xpert FMS we would like to express our sincere appreciation for the excellent support Cryotos team have provided us for our building and facility management. Cryotos has always provided support that is timely and meets our expectations. Professionalism and quick response are the hallmarks of this team.
Sincere appreciation for the team's brilliant performance and wish them continued success. We highly recommend Cryotos as they have executed well on all assigned tasks and continue to outperform.
Thanks to all the hard work, our lives have become easier.
We are able to raised the workorder and tracking of these till the closure as helped us to provide better services our beneficiaries. Workflow-based work order management has helped us to define processes for each locations separatley. System provide notification once order is raised for assignment to engineer.
This CMMS software is top-notch! I can't believe how much it has helped me with my facilities maintenance management. Customized reports and business intelligence have been invaluable in making better decisions.
The software offers a great deal of customization for each organization's specific needs. They are always updating the software with new features and improvements, which is great. The support team is fantastic - they are always quick to help with any questions or problems we have. This software has definitely made my life a lot easier! It's so easy to use and it's really helped me keep track of all my maintenance tasks in one place. I would definitely recommend it to anyone looking for a CMMS platform.
Since we've started using Cryotos, our team has been able to stay on top of all the various SOPs. Checklists and safety procedures are now easily accessible to everyone, and we can quickly reference them whenever we need to. The software has definitely helped to improve our team's communication and efficiency. Plus, the fact that it's cloud-based means we can access it from anywhere, which is a big plus. It has been a great help in keeping everyone on the same page and up to date with the latest procedures.
At starting it felt some what difficult for scheduling but now it made to easy access.
Review from Capterra
Overall: Nice Software
Pros: Scheduling, work order creation, asset inventory, records.
Reasons for Choosing Cryotos: Compared to other products it's easy to use and easy to understand the feature.
Review from Capterra
This CMMS software is top-notch! I can't believe how much it has helped me with my facilities maintenance management. Customized reports and business intelligence have been invaluable in making better decisions.
The software offers a great deal of customization for each organization's specific needs. They are always updating the software with new features and improvements, which is great. The support team is fantastic - they are always quick to help with any questions or problems we have. This software has definitely made my life a lot easier! It's so easy to use and it's really helped me keep track of all my maintenance tasks in one place. I would definitely recommend it to anyone looking for a CMMS platform.
I recently purchased Cryotos CMMS Software for asset management needs at my organization and after a few months of testing and monitoring, I'm incredibly pleased with the results. The software is user friendly, accessible and the design is very intuitive. It covers all the aspects of managing maintenance and repair, starting from preventive maintenance and standardizing operation cycles, to scheduling and streamlining workflows. I am highly satisfied with the performance and the range of features offered by Cryotos. Highly recommendable!
Before using Cryotos, asset management and maintenance seemed like an uphill task for my team. Manual processes laden with human errors did not work for us at all. We decided to go with Cryotos after checking out similar products in the market.
The user interface of the software is intuitive and easy to use, making it simple to navigate through the different features and functionalities. I particularly appreciate the ability to track all assets in real-time, allowing me to keep a close eye on their performance and maintenance needs.
Customized work order and workflow creation has reduced the needs to always follow a particular template. Depending on our needs we can create tailor made workflows to suit our requirements.
I highly recommend Cryotos to anyone who would like to unburden themselves of maintaining and managing their critical assets.
As a customer of Cryotos CMMS software for asset management needs, I must say that I am thoroughly impressed with the features and functionality offered by the platform. Cryotos CMMS software has made managing my assets a breeze, and I no longer have to worry about missing maintenance or inspections.
One of the standout features of Cryotos CMMS software is the ability to generate work orders and schedule maintenance tasks. This has made it easy for me to stay on top of maintenance and repair tasks, ensuring that my assets are always in optimal condition.
The software also allows me to track inventory levels which has streamlined my inventory management process. The ability to generate reports and analyze asset performance data has also been invaluable in helping me make data-driven decisions about my assets. Overall, I would highly recommend Cryotos CMMS software to anyone looking for a reliable and efficient asset management solution.
