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Lumada EAM

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Last updated on

Company health

Employee growth
20% increase in the last year
Financing
June 2023 - $549M

Ratings

G2
4.3/5
(11)
Glassdoor
4.0/5
(10213)

Lumada EAM description

Lumada EAM is an Enterprise Asset Management software that helps you monitor the health and performance of your company's important equipment and infrastructure. It provides insights to prevent unexpected breakdowns and helps you reduce the costs of maintenance over the lifetime of your assets. Lumada EAM is part of ABB's suite of industrial software solutions.


Who is Lumada EAM best for

Lumada EAM is a robust enterprise asset management solution designed for large companies in asset-heavy industries. It helps monitor equipment health, prevent breakdowns, and reduce maintenance costs. Lumada EAM is particularly well-suited for organizations seeking to optimize asset utilization, improve productivity, and enhance regulatory compliance.

  • Ideal for medium to large enterprises (101+ employees), especially those with 1000+ employees.

  • Best fit for asset-intensive sectors like energy, manufacturing, and utilities.


Lumada EAM features

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Lumada EAM streamlines maintenance, optimizes resources, and minimizes downtime to reduce operating costs.

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Lumada EAM increases asset utilization and productivity by tracking performance, optimizing schedules, and reducing downtime.

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Lumada EAM helps organizations meet regulatory standards and ensure compliance.

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Lumada EAM ensures supply chain availability and visibility.

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Lumada EAM enables appropriate allocation of skilled resources for efficient maintenance.

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Lumada EAM improves decision-making by providing real-time insights into assets, maintenance, and resources.

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Lumada EAM helps manage risks by identifying hazards, assessing impact, and implementing mitigation strategies.


Lumada EAM pricing

The commentary is based on 3 reviews from Lumada EAM G2 reviews.

Lumada EAM is a powerful asset management platform best suited for larger organizations. Reviews suggest the software is not cost-effective for smaller businesses due to its complexity and potentially higher price point. However, its robust features justify the investment for enterprise-level asset management.

See the Lumada EAM pricing page.


Lumada EAM alternatives

  • Logo of CHAMPS
    CHAMPS
    Streamlines asset maintenance, boosting efficiency and cutting costs.
    Read more
  • Logo of Mainpac EAM
    Mainpac EAM
    Streamlines asset maintenance, boosting uptime and ROI.
    Read more
  • Logo of Redlist
    Redlist
    Streamlines field operations: asset tracking, maintenance, and safety.
    Read more
  • Logo of SAP Asset Strategy and Performance Management
    SAP Asset Strategy and Performance Management
    Predict asset issues, optimize maintenance, and boost uptime.
    Read more
  • Logo of SAP EAM
    SAP EAM
    Streamlines asset management, maximizing lifespan and ROI.
    Read more
  • Logo of Fluke Energy Analyze
    Fluke Energy Analyze
    Find energy waste. Cut costs. Boost efficiency.
    Read more

Lumada EAM FAQ

  • What is Lumada EAM and what does Lumada EAM do?

    Lumada EAM is an enterprise asset management software designed to monitor the health and performance of critical equipment and infrastructure. It provides insights to prevent breakdowns, reduce maintenance costs, and optimize asset utilization, ultimately driving operational efficiency and data-driven decision-making. It's best suited for large companies in asset-intensive industries.

  • How does Lumada EAM integrate with other tools?

    Lumada EAM integrates with other tools in ABB's suite of industrial software solutions. It's designed for seamless data exchange within this ecosystem, facilitating comprehensive asset management. Further integration details are limited.

  • What the main competitors of Lumada EAM?

    Top alternatives to Lumada EAM include CHAMPS, Mainpac EAM, Redlist, SAP EAM, and SAP Asset Strategy and Performance Management. These competitors offer similar functionalities such as streamlined asset maintenance, improved uptime, and optimized ROI.

  • Is Lumada EAM legit?

    Yes, Lumada EAM is a legitimate enterprise asset management (EAM) software offered by ABB. It helps companies monitor equipment health, prevent breakdowns, and reduce maintenance costs. Lumada EAM receives positive ratings on G2 and Glassdoor.

  • How much does Lumada EAM cost?

    I couldn't find pricing information for Lumada EAM. Contact Hitachi for product pricing details to determine if Lumada EAM is worth it for your business.

  • Is Lumada EAM customer service good?

    There is no customer service review data available for Lumada EAM. Therefore, I cannot assess the quality of their customer service.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.