Value Realization

ROI - Value Realization is a vital part of an Asset Maintenance project. It showcases the tangible or actual business value of an IT system or improvement initiative. We believe that the true key to a successful implementation of business value realization involves four elements.

Benefits

  • Clarity into the tangible benefits of an Asset Management project
  • Understand the business challenges that need to be addressed
  • Connect the dots between your business and operational strategies
  • Avoid miscommunications between senior leadership and managers

4 Pillars of Value Realization

  • Collaboration between IT, stakeholders/board members, and often other department representatives
  • Focus on business before technology
  • A clear strategy of where the business is going and how it wants to operate
  • Communication, communication, communication

     

Talk to a Rizing expert

Whether you're just getting started or are well on your way with SAP solutions, we can help.

Supply Chain Predictions: SAP Intelligent Asset Management to rescue manufacturing post COVID
by Sherryanne Meyer published on Jan 15, 2021

Recently, Rizing's Chief Technology Officer, Martin Stenzig, joined radio show host Bonnie D. Graham and other industry technology experts to share his 2021 predictions for the supply chain, focusing on…

Read more
Mastering EAM 2020: Attendees Focused on Mobility, SAP S/4HANA
by Hedley Norrish published on Dec 21, 2020

What were the key topics at Mastering EAM 2020? We provide some insight on our experience at the (hopefully temporarily) virtual event.

Read more

How to Govern Your Digital Twin

Do you serve your customers with the help of valuable enterprise assets such as rail tracks, gas pipelines, and pumps? Are your assets essential resources in generating value for you,…

Read more

Integration Across Operating, Asset Management, and Geographical Systems

We’ve combined sensors from MOVUS, XMPRO’s digital platform, and our own expertise in SAP EAM to help deploy end-to-end Real-Time Condition Monitoring.

Read more