50 Best Asset Management Software Systems and Tools (2024)

All companies, from local small businesses to the largest global enterprises, need to monitor and control their assets. Capital costs are often a major investment, with additional ongoing expenses for maintenance contracts and equipment repairs. Implementing the right asset management software tools can have a significant impact on any operation in terms of cost savings and efficiency.

With so many excellent choices available, including Enterprise Asset Management (EAM), CAFMs and facilities management platforms, choosing the right asset management software tool requires prioritizing the features and functionality required to support your workflows and overall operations. To help you choose the right asset management software tools for your needs, we’ve put together this list of 50 leading tools that can help you gain more control over your equipment and facilities. These tools cover a wide range of software types and include many options that can be used with barcode scanners and other technologies for a complete asset tracking solution. Please note: the following 50 asset management tools are organized alphabetically by category but otherwise are not ranked or rated in any way.

Computerized Maintenance Management Systems (CMMS)

1. Azzier

Azzier is a feature-rich CMMS software with remote access and a highly configurable user interface that supports vendor management, asset management, and inventory management. With Azzier, you can track assets of all types, including fleet vehicles, manufacturing equipment, and parts.

Key Features:

• A procedure module for tracking work orders
• Track assets in an unlimited number of locations
• A mobile app for easy remote access

Cost: Contact for a quote

2. Dude Solutions Asset Essentials

@dudesolutions

Dude Solutions Asset Essentials is an all-in-one system for managing assets across an entire enterprise. With a centralized database, users can easily track maintenance work, equipment downtime, and procedural issues in an organized way. Asset Essentials can be connected to numerous third-party platforms. Asset Essentials also includes a configurable mobile application.

Key Features:

• Historical work records and audit logs
• A completely mobile workflow
• Detailed analytics and data reporting

Cost: Contact for a quote

3. Eagle Proteus CMMS 

@ProteusCMMS

Eagle Proteus CMMS is a scalable, cloud-based maintenance management platform that integrates common ERP capabilities with AI and IoT connectivity. This software makes it easy to track assets across multiple physical locations or even several continents. A real-time data dashboard helps identify issues and keeps your entire maintenance team and supporting staff aligned.

Key Features:

• Track inspection checklists and certifications
• Submit service requests remotely
• Warranty management

Cost: $33/user per month

4. eMaint

@emaintCMMS

Flukes’s eMaint CMMS platform helps you manage work orders and schedule maintenance activity from within a single system. eMaint’s user interface is easy to configure, and the software comes in a variety of flexible subscription packages. This platform supports preventive and predictive maintenance management, and the scheduling features provides complete control over your asset upkeep activities.

Key Features:

• Manage inventory and spare parts
• Visualize asset placement with floor plans
• Submit work orders from any device

Cost: $33 – $120/user per month

5. Fiix

@fiixsoftware

Fiix is a cloud-based asset management software that uses a series of job-driven dashboards to communicate key information. The drag-and-drop interface makes it easy to add widgets to each dashboard for each work function. Work orders can be created from within Fiix and used to track every detail associated with equipment and parts for truly comprehensive asset and maintenance management.

Key Features:

• A spare parts forecaster
• Integrations with leading platforms
• Useful reporting capabilities

Cost: Free – $75+/user per month

6. MaintainX

@maintainx

MaintainX is an advanced maintenance and operations management platform that includes a complete digital audit trail. With inspection forms and operating checklists, this software keeps your team organized while also capturing all the important data you need for later reference. You can also track asset downtime and monitor work orders from the simple and easy-to-use interface.

Key Features:

• A library for storing procedures
• An integrated digital audit trail
• Align maintenance programs to industry standards

Cost: Free – $32.50+/user per month

7. Maxpanda 

@maxpanda_cmms

Maxpanda is a robust CMMS with a user-friendly dashboard and a complete set of tools for setting up your maintenance and asset management workflows. Maxpanda offers support for QR and barcodes, enhanced security, and a simplified work order management process. Maxpanda’s customer support team is readily accessible for customers needing assistance.

Key Features:

• Configure multiple guest portals
• A GoMAX mobile app
• 24/7 CMMS customer support

Cost: $59 – $649/month

8. Micromain

@micromaincorp

Micromain is a powerful CMMS software that includes support for asset management, workforce tracking, and work order management. You can track an unlimited number of assets with this platform and organize them into unique workgroups that match your organization’s structure. Managing parts with Micromain is easy with automatic inventory tracking and customized alerts.

Key Features:

• Set user role permissions
• Multi-language support
• Optimized for audit and compliance needs

Cost: Contact for a quote

9. QWare 

@qwarecmms

QWare offers a customizable CMMS available as two modules: Work Order and Work Scheduler, which can be used individually or together based on your needs. The entire platform is cloud-based and accessible from any web-connected device. The company provides free training and support to help you get started, and free upgrades are released periodically when new updates are available.

Key Features:

• Receive online work orders
• Free training and customer support
• Customized table and calendar views

Cost: Contact for a quote

10. The Asset Guardian 

@thetag_software

The Asset Guardian (TAG) has been designed with Maintenance 4.0 technologies to create a highly connected and cloud-based CMMS solution. TAG can be deployed as modules that are easy to connect with existing systems for sharing information across your organization. Some of the core technologies used include AI, machine learning, and augmented reality.

Key Features:

• Based on the Maintenance-as-a-Service model
• Support for virtual and augmented reality
• Part of the Microsoft Technology Stack

Cost: Contact for a quote

11. UpKeep

@onupkeep

UpKeep is a mobile-first CMMS designed to streamline maintenance operations while performing routine tasks. Users can upload work orders from their mobile devices and use pre-built or customized checklists to complete maintenance work. Scheduling tasks is easy with an intuitive calendar view, and workflow automation tools help to simplify team handoffs.

Key Features:

• Track lockout and tagout activity
• Easily generate QR codes
• Asset warranty tracking

Cost: Free – $120/user per month

Enterprise Asset Management (EAM) Tools

12. Asset Panda 

@AssetPanda

Asset Panda is a flexible asset management platform that can track all equipment you need to monitor. It’s designed to meet the needs of many industries, including healthcare, education, and non-profit. Many of the fields within the program can be customized to match your company’s working style, and a complete asset history is saved for each item.

Key Features:

• Create custom actions for workflows
• Receive notifications for important changes
• A built-in barcode scanner

Cost: Contact for a quote

13. RefTab

@reftab

Organizations of all sizes use Reftab to track and manage equipment. Whether assigning items to users or deploying assets worldwide, Reftab keeps you organized so you never lose an item again.

Key Features:

• Customizable asset management software to track anything
• Mobile apps with built-in barcode scanner
• Inventory, license, IT, and maintenance tracking & management

Cost: Contact for a quote

14. AVEVA

@AVEVAGroup

AVEVA Enterprise Asset Management includes support for essential functions, such as work management, preventive maintenance and procurement. Detailed history is captured for each asset, making it easier for maintenance personnel to troubleshoot equipment and perform reliability studies. It also includes comprehensive MRO inventory management with additional tools for managing inventory costs and stocking levels.

Key Features:

• Customize work order approvals and workflows
• A unique Rapid Implementation Methodology (InRIM)
• Extensive reliability analysis tools

Cost: Contact for a quote

15. Cetaris

@teamcetaris

Cetaris Fixed Asset is designed for facilities management professionals who need to monitor and track fixed assets. Data reporting and visual reports help your team understand important trends and monitor critical issues. It’s also easy to manage maintenance work schedules with Cetaris and build models to predict potential equipment breakdowns.

Key Features:

• Live event reports
• PM schedule automation
• Third-party integrations

Cost: Contact for a quote

16. Dematic Sprocket

@DematicNA

Dematic Sprocket EAM software takes a proactive approach to asset management with multiple ways to monitor equipment and set up integrated meters and custom alerts. By including warranty tracking, inspection management, and preventive maintenance scheduling, this platform helps you manage all aspects of your asset management needs. The company offers a free trial for new customers to get started.

Key Features:

• Integrate monitoring systems for real-time data
• An enhanced project management module
• Flexible connectivity with the Sprocket Mobile app

Cost: Contact for a quote

17. IBM Maximo

@IBM

The IBM Maximo suite combines asset management, predictive maintenance, and reliability monitoring into a single software package. The core features of this product include multi-cloud deployment, remote monitoring, and comprehensive equipment data models. IBM offers a flexible pricing model for this platform, so you only pay for the software components your team actually uses.

Key Features:

• Role-based workspaces
• AI-powered remote asset monitoring
• Comprehensive asset management

Cost: Contact for a quote

18. Infor EAM

@infor

The Infor EAM software package is built on a centralized asset management workflow with numerous add-ons available to expand its capabilities. This product works well within the complete suite of Infor products, including Cloudsuite Financials and Infor LN. A mobile application is available for access to real-time asset data from any device.

Key Features:

• Automated asset monitoring
• Support for drone technologies
• Integrated analytics

Cost: Contact for a quote

19. Mainpac

@mainpac

Mainpac is a complete EAM package known for its rapid implementation process that can reduce information delivery time by up to 300%. The software includes support for work order management, predictive and preventive maintenance, and asset management. From the main user interface, users can access data with just a few clicks and generate custom reports and charts.

Key Features:

• Fully customizable dashboards
• Tracking for expected asset lifetime
• Create custom triggers for maintenance events

Cost: Contact for a quote

20. ManagerPlus

@managerplus

ManagerPlus is an EAM platform optimized to meet the needs of even the largest enterprises that boasts an impressive list of leading companies among its customers. This software includes all the core features you need for complete asset management, including proactive maintenance scheduling, inventory control, and inspection planning.

Key Features:

• Business intelligence and reporting
• Efficient work order management
• A responsive mobile app

Cost: $85 – $125/user per month

21. MEX EAM

@MEX_CMMS

With the MEX Enterprise Management System, companies can coordinate maintenance, asset, and purchasing activities from a single platform. A detailed work history is recorded for each asset, and all equipment work can be scheduled from within the application. The ability to generate invoices is also helpful for companies that need to bill customers for work performed in the field.

Key Features:

• A comprehensive asset register
• Link to recording systems such as SCADA
• Robust security

Cost: Contact for a quote

22. On Key

On Key is a leading EAM system for managing assets across multiple sites and time zones. The software uses an intelligent asset type hierarchy to keep all information organized, which is a useful feature for businesses with large and complex infrastructures. It’s easy to configure and customize On Key, including the ability to create country-specific tasks based on local requirements.

Key Features:

• Available as a hosted or on-site deployment
• Meter and monitoring point APIs
• Supports multiple languages and currencies

Cost: Contact for a quote

23. Ramco

@RamcoSystems

Ramco Enterprise Asset Management is mobile-ready and includes planning, maintenance, and asset management capabilities. The program has five different modules to control the planning, acquisition, deployment, management, and retirement of assets. This system is a complete package for maintaining 360-degree visibility of all assets with real-time data and customized reporting.

Key Features:

• Built-in analytics and predictive maintenance
• Enhanced safety standards
• Support for asset retirement planning

Cost: Contact for a quote

24. SAP EAM

@sap

This EAM offering from SAP builds on the company’s complete set of enterprise tools to give customers a dedicated platform for managing physical assets. Artificial intelligence is used to enhance predictive maintenance capabilities, and dynamic 3D visualizations can be used to perform advanced equipment simulations. With a centralized asset data repository and a completely cloud-based infrastructure, this software is also highly accessible and easy to scale.

Key Features:

• A collaborative approach to EAM
• Advanced predictive analytics
• Automated equipment tracking

Cost: Contact for a quote

25. SoftExpert EAM

@softexpert

SoftExpert EAM focuses on enabling the planning, execution, and control activities through seven dedicated work modules. In addition to inventory, service, and material management, you’ll also find support for comprehensive instrument calibration plans and predictive maintenance. The platform also supports numerous standards, such as ISO 50001, as well as local laws and industry regulations.

Key Features:

• A centralized asset repository
• Integrated maintenance scheduling
• Intuitive equipment failure management

Cost: Contact for a quote

Enterprise Resource Planning (ERP) Tools

26. Epicor

@Epicor

Epicor ERP is a service management suite that includes some excellent tools for asset management. Support for assets is part of the Field Service Automation (FSA) package, which integrates seamlessly with Epicor ERP. The software can be used to track asset warranties, barcodes, and additional information, such as repair status and maintenance plans.

Key Features:

• Monitor asset maintenance costs
• Track warranty expiration dates
• Classify assets with barcodes or serial numbers

Cost: Contact for a quote

27. SAP S/4 HANA

@SAP

SAP S/4HANA is an intelligent asset management solution that is part of the SAP ERP suite. SAP S/4HANA’s key features include a streamlined maintenance management workflow and the ability to record and track environmental health and safety (EHS) incident rates and investigations. By simulating workloads and equipment use, planners can easily schedule maintenance and follow-up on work orders.

Key Features:

• Monitor planned and unplanned maintenance
• Workload simulation models
• Track EHS incident rates

Cost: Contact for a quote

28. Glovia G2

@GLOVIAG2

The Glovio G2 ERP suite includes an asset lifecycle management module that can be used to track buildings, infrastructure, and individual parts or equipment. Users access the main database through a dashboard called the Asset Management Workbench, where individual assets can be defined and categorized. There are extensive maintenance planning tools, including parts management for consumables and the ability to submit high-priority work requests.

Key Features:

• Track maintenance resources and time allocation
• Define and customize asset categories
• Attach an unlimited number of documents

Cost: Contact for a quote

29. Reflex

@reflexerp

Reflex’s Asset Management Suite can be used to track assets from acquisition through the entire asset lifecycle. The platform supports tracking for assets and components, and users can also attach warranty information and maintenance status to each item. Additional inventory management and warehouse management options give companies a complete package for monitoring their factories and facilities.

Key Features:

• Track asset depreciation and costs
• Warranty claims management
• IFRS compliant

Cost: Contact for a quote

Computer-Aided Facility Management (CAFM) Tools

30. Axxerion

@axxerioninc

Axxerion is an IWMS platform with the flexibility to support equipment and services in any department. It’s an excellent solution for businesses that support commercial tenants, property managers, or residential property managers. The software can be used to track all assets associated with properties in addition to tracking lease documentation and maintenance requests.

Key Features:

• Automated preventive maintenance
• Track warranties and equipment manuals
• Includes a general ledger system for basic accounting

Cost: Contact for a quote

31. CAFM Explorer

@Idoxgroup

CAFM Explorer was created by software supplier Idox as a scalable platform for more efficient facilities management. The software can be used on desktop systems, mobile devices, and directly through a web browser. With the latest release, version 10, CAFM Explorer has further improved its mobile asset management to allow for the mass import of asset data and an unlimited number of multi-level meter readings.

Key Features:

• Quick multi-asset maintenance
• Access web dashboards from any browser
• A new customer portal for managing support requests

Cost: Contact for a quote

32. FM:Systems 

@fm_systems

FM Systems is an enterprise-wide IWMS that helps improve asset allocation and other decisions across your entire organization. With intuitive dashboards and an easy-to-use interface, it’s a valuable solution for streamlining IT asset management tasks of all kinds. A BIM and CAD integration gives users access to immersive visualizations of facility layouts and available space.

Key Features:

• Real-time asset data
• Integrated business intelligence (BI)
• BIM & CAD integration

Cost: Contact for a quote

33. FMXfacilitymanager

@FMXpress

FMXfacilitymanager was created to help education, government, and religious entities manage their facilities and assets. It’s an easy-to-use system that relies on automation and clearly defined workflows to help users perform their tasks more effectively. The software can be used to track historical maintenance records, monitor energy-related expenses, and schedule work on equipment.

Key Features:

• A facilities maintenance calendar
• Community facility rental
• Facilities KPI reporting

Cost: Free – $60+/user per month

34. ServiceChannel

@ServiceChannel

ServiceChannel is a facilities management platform that can be used to track thousands of assets across multiple locations. With a centralized database for asset information, users can access records such as warranty status, cost information, and maintenance histories. This platform also supports compliance needs with inspection scheduling and the ability to generate GreenChill certification reports with a single click.

Key Features:

• Support for IoT-enabled assets
• Manage repairs and maintenance history
• Automatically routes in-warranty assets to providers

Cost: Contact for a quote

35. SpaceIQ 

@SpaceIQ1

SpaceIQ is a high-tech and industry-leading CAFM with an intuitive user interface. This software is completely web-based and also includes real estate management and detailed analytics and reporting. The company offers free software demos, so you can get a complete overview of the capabilities before making a purchase.

Key Features:

• Asset and ticket management
• Real-time space utilization reports
• Streamlined task delegation

Cost: Contact for a quote

36. TOPdesk

@TOPdesk

TOPdesk CAFM software is an excellent tool for managing all aspects of a facility and its important assets. The system comes pre-loaded with useful templates for setting up detailed asset cards to capture equipment specifications and other essential information. Another excellent feature of this software is the graphical overview that displays all assets in a single view.

Key Features:

• Kanban boards for easy planning
• Contact and service-level management
• A self-service portal for customers

Cost: Contact for a quote

Fixed Asset Management Tools

37. Accela

@AccelaSoftware

Accela Asset Management is optimized for infrastructure assets such as utility poles, traffic control devices, and wastewater treatment systems. Using an efficient workflow management framework, Accela maximizes resources by keeping essential information organized for the entire team. This software also works well alongside other community development solutions.

Key Features:

• Comprehensive asset management
• Effective work order assignments
• Advanced integration and analytics

Cost: Contact for a quote

38. Asset Infinity 

@assetinfinity

Asset Infinity is a simple and streamlined asset management tool that supports barcoding and complete equipment tracking. Users can assign assets to people for a transparent allocation process, and maintenance work is easy to review and schedule. This software is a great fit for businesses of all types, including sports organizations, manufacturing, and hospitality companies.

Key Features:

• Pre-built asset reports
• Hosted on Microsoft Azure
• 24/7 email and phone support

Cost: $60 – $850+/month

39. EZOfficeInventory

@officeinventory

EZOfficeInventory is an asset management platform with an excellent user interface that’s easy to navigate. It supports asset tracking for the complete asset lifecycle, and custom roles can be defined for each user. The access control feature can be used to organize your database in a way that’s best-suited for your various sites and any infrastructure requirements.

Key Features:

• Simplify operational workflows
• Track assets across locations
• Define custom roles for users

Cost: $35 – $905+/month

40. FTMaintenance

@FTMaintenance

FTMaintenance allows companies to easily add, track, and manage their assets and equipment. The central database houses all information for your assets, and users can attach additional documents or images to any record. In addition, asset hierarchies help control the relationships between assets and their storage locations.

Key Features:

• Automatically track maintenance costs
• Customize asset hierarchies
• Generate over 140 pre-built reports

Cost: Contact for a quote

41. Fulcrum

@FulcrumTechNews

Fulcrum is a centralized asset transactional services (CATS) software used for real-time management of warehouse and field assets. The goal of this platform is to maximize the efficiency of your asset deployment by increasing visibility into key performance data and providing tools for greater control. Within the CATS suite are applications for finance, supply chain, and network operations functions.

Key Features:

• Extensive APIs for integrations
• Cloud support for easy system access
• Complete asset lifecycle management

Cost: Contact for a quote

42. Real Asset Management

@RealAssetMgt

Real Asset Management is a complete asset tracking and data capture platform that can be used with RFID and barcode technologies. With an easy-to-use mobile app, users can monitor assets in real-time from nearly any location. The program is also capable of tracking reusable assets, such as gas cylinders, that can be quickly scanned during delivery and pickup.

Key Features:

• Optimized for tracking high-value assets
• A reliable asset assignment feature
• Easily attach electronic records to assets

Cost: Contact for a quote

43. Sage Fixed Assets

@SageUSAmerica

Sage Fixed Assets offers a complete suite of four different modules that help you manage the entire lifecycle for any fixed asset. The metrics and reporting features are especially powerful, and a lot of detail has been built into the software. For example, there are over 50 different depreciation methods for estimating the cost model for each asset you’re monitoring.

Key Features:

• Fixed asset ROI calculators
• Create customized asset reports
• A tax audit advisor

Cost: Contact for a quote

44. Wasp AssetCloud

@waspbarcode

Wasp AssetCloud is a complete software solution for fixed asset tracking that’s intuitive and easily customizable.  This solution includes scanning and printing hardware for a complete starting package. Key features of the software include automated asset check-in and check-out, funding management, and tracking for multi-quantity assets.

Key Features:

• A centralized asset database
• Streamlined audit preparation
• An easy-to-use interface

Cost:

• $995 – $6,995 for the base software
• Fees for additional users, training, and maintenance

IT Asset Management (ITAM) Tools

45. Alloy ITAM 

@AlloySoftware

The Alloy ITAM software is perfect for managing both IT hardware and software assets within your organization. The main dashboard gives you a complete overview of current issues, open tickets related to assets, and other important data. You can also automate many parts of your asset management workflow to improve efficiency and optimize the lifecycle of each asset.

Key Features:

• A streamlined asset loan process
• Maintenance work management
• Automatic notifications

Cost: $19 – $79/user per month

46. AssetTrack

@AMITracks

AssetTrack was created to manage IT hardware assets in a completely digital system. The software is set up with three key areas, called track, observe, and act, that aim to provide a complete set of tools for managing the complete asset lifecycle. Tracking can be integrated with RFID tags and barcode labels, and the database will capture real-time data that’s accessible from the intuitive interface.

Key Features:

• Optimize maintenance contract planning
• High security framework built in ServiceNow
• Manage regulatory, corporate, and vendor audits

Cost: Contact for a quote

47. EasyVista

@EasyVista

EasyVista offers a total ITAM package with tools for tracking IT software, hardware, licenses, and contracts. The centralized configuration management database (CMDB) is an excellent resource for managing the total cost of ownership for IT hardware and components. Users can also configure stocking levels for parts and define relationships between physical assets and associated software and services.

Key Features:

• Discovery and dependency mapping
• A configuration management database (CMDB)
• Integration with multiple data sources

Cost: Contact for a quote

48. KACE Systems Management

@quest

KACE Systems Management Appliance (SMA), a Quest product, takes a unified endpoint management approach to ITAM. With this software, you can inventory all hardware and software components, automate routine tasks, and manage all critical functions for any network-connected device. KACE Systems is a great example of software that really streamlines hardware management with a sleek and straightforward solution.

Key Features:

• Inventory and IT asset management
• Comprehensive server monitoring
• A KACE Go mobile app

Cost: Contact for a quote

49. ServiceNow

@servicenow

ServiceNow aims to simplify hardware and software asset management for IT stakeholders in any industry. It’s a modern platform with impressive data reporting and task automation tools. When this platform is optimized, it can serve as the single data source for your entire organization and become the focal point for all asset management needs.

Key Features:

• Workflow automation tools
• Numerous third-party integrations
• A native CMDB framework

Cost: Contact for a quote

50. Solarwinds

@solarwinds

Solarwinds is a service desk software that has a completely integrated IT asset management function. It may be a great choice for organizations looking to implement a complete and single web-based platform for these activities. With Solarwinds, you have the ability to align assets to support tickets and track the overall costs associated with managing any device.

Key Features:

• Align IT assets with support tickets
• Scheduled and automated IT asset discovery
• Manage service level agreements (SLAs)

Cost: Contact for a quote

How does asset management software work?

Asset management software fills an important role in an organization by streamlining several workflows that impact asset lifecycle management. The features provided with each software package are unique and you will often find clear differences between vendors. To better understand how an asset management platform works, we can take a look at a few of the core features that are present in all EAM software programs.

Centralized document storage. One of the primary benefits of an EAM is the ability to store and retrieve documents that are associated with each asset. Some common examples include maintenance records, warranty information, and service documentation. It is also possible to store facility-related documentation such as lease agreements and property management records. Having a centralized storage location for all your records provides an excellent resource for information sharing, audit preparation, and reviewing the costs and depreciation projections for key equipment.

Real-time asset monitoring. Asset management software can be integrated with other systems to provide real-time monitoring of assets. Many modern Internet-of-things (IoT) devices come with built-in connectivity to monitoring systems, and other equipment can be supplemented with dedicated sensors and equipment. It may also be possible to program customized solutions using integrations and an API. Many EAM platforms also have extensive tools for scheduling facility work and monitoring service activities across sites. This data makes it easy to locate equipment quickly and update responsibilities or work assignments in real-time.

Complete asset lifecycle tracking. In order to understand the true total cost of ownership for any asset, it is necessary to have a complete financial record. Most EAM platforms include extensive financial analysis and long-term planning tools. This allows businesses to model cost projections and identify important ways to reduce maintenance costs and lower operating expenses. Many vendors also integrate automation tools into their software for streamlining workflows and include advanced metrics and reporting.

How much does asset management software cost?

It is difficult to make a direct comparison of asset management software costs across vendors. This is because costs are structured in many different ways in order to provide flexibility for customers. Because each EAM deployment will have unique requirements, it is best to review the general cost categories and how they are calculated. Vendor costs are usually structured as one, or more, of the following options.

• Software costs – This can include one-time software licensing fees and costs for the installation of software packages on individual devices.
• Subscription costs – This is a popular option for cloud-based EAM deployments. Subscriptions are offered as “per user per month” or “per month” and often include several options based on specific needs.
• Implementation costs – There may also be additional costs associated with a deployment such as on-site support, initial training sessions, and access to technical resources.
• Ongoing support costs – After an EAM solution is deployed there may be costs associated with routine training, technical support, and maintenance that need to be accounted for.

Because each company will have unique needs, many vendors choose to provide a custom quote for each customer instead of sharing generic pricing models. Some of the major factors that impact pricing among vendors include the number of assets, the number of users, software installations vs. cloud services, and the number of features or modules requested. It is important to consider all of these potential costs when calculating the expected return on investment for an EAM deployment.