Logo of Lumada EAM

Lumada EAM

Website LinkedIn Twitter

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 ideal for large companies in asset-heavy industries like energy, oil and gas, manufacturing, and utilities. We find that it's most effective for businesses with over 100 employees. In our experience, companies in manufacturing, transportation, logistics, and energy sectors see the best results.

  • Perfect for large enterprises, we find Lumada EAM also works well for mid-sized businesses seeking robust asset management.

  • Lumada EAM shines in energy and utilities, helping companies monitor critical equipment and infrastructure performance.


Lumada EAM features

Supported

Reduce Operating Costs: Reduce operating costs by streamlining maintenance processes, optimizing resource allocation, and minimizing downtime.

Supported

Increase Asset Utilization and Productivity: Increase the utilization and productivity of your assets by tracking their performance, optimizing maintenance schedules, and reducing downtime.

Supported

Meet Regulatory Standards: Meet regulatory standards and ensure compliance with industry regulations.

Supported

Ensure Supply Chain Visibility: Ensure supply chain availability and visibility.

Supported

Allocate Skilled Resources Appropriately: Allocate skilled resources appropriately to ensure efficient maintenance operations.

Supported

Improve Decision-Making: Improve decision-making by providing real-time insights into asset performance, maintenance schedules, and resource allocation.

Supported

Manage Risks Effectively: Manage risks effectively by identifying potential hazards, assessing their impact, and implementing mitigation strategies.


Lumada EAM pricing

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

We find that Lumada EAM is generally considered a powerful tool, but the pricing may be a concern. It appears to be more suitable for larger organizations with the budget for its robust features, while smaller organizations might find it too expensive.

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 by ABB is an enterprise asset management solution designed to optimize asset performance and maintenance. We find that it helps businesses predict and prevent equipment failures, reduce downtime, and lower maintenance costs, ultimately improving operational efficiency. It's particularly valuable for large companies in asset-intensive sectors like energy and utilities.

  • How does Lumada EAM integrate with other tools?

    Lumada EAM, being part of ABB's suite of industrial software solutions, likely integrates with other ABB offerings. We find that information on specific integrations is limited, but it's safe to assume some level of interoperability within the ABB ecosystem.

  • What the main competitors of Lumada EAM?

    We find that Lumada EAM's main competitors include CHAMPS, Mainpac EAM, Redlist, SAP EAM, and SAP Asset Strategy and Performance Management. These alternatives offer similar functionalities for asset management, maintenance optimization, and performance improvement.

  • Is Lumada EAM legit?

    Yes, Lumada EAM is a legitimate enterprise asset management software offered by ABB. It's well-regarded by users, with positive ratings on G2 and Glassdoor. We find it's a solid choice, particularly for large companies in asset-intensive industries.

  • How much does Lumada EAM cost?

    I am sorry, but we don't currently have specific pricing information available for Lumada EAM. Contact Hitachi Vantara directly for detailed pricing tailored to your needs.

  • Is Lumada EAM customer service good?

    There are no customer service reviews available for Lumada EAM. Therefore, we cannot provide insights into their customer service quality.


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.

NEW: Introducing Gralio Screen Buddy

An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.

For Individuals
Streamline your daily tasks, get helpful AI tips, and find the right tools for your workflow.
For Businesses
See how your team really works, uncover automation opportunities, and get software recommendations tailored to your processes.