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The education sector has a significant problem with deferred maintenance. As institutions face declining revenues due to changes in enrollment and public support, public institutions are experiencing lengthening maintenance backlogs.
Companies in pursuit of more cost-effective and secure computing resources are increasingly opting for cloud storage solutions because of their enhanced security and reliability. What’s more, the normalization of remote work necessitates robust IT systems that enable employees to securely access company data from anywhere. By 2022, Gartner predicts that 75% of all databases will be in the cloud. A 2020 survey found that 41% of enterprise workloads would be run on public cloud platforms by the end of the year, with another 22% using a hybrid option (a mix of on-premise servers and cloud storage platforms).
So you bought a shiny new software solution (yay!), trained your employees on how to use it, and now you’re pumped to overshoot all your business goals this fiscal year. Often, when companies purchase new software, a pervading sense of 'what now?' sets in after they sign on the dotted line. Software implementation is one thing—getting your new system up and running and integrating it into your existing workflows—but now the pressure is on to, well, “do better”—whatever that means.
As businesses increasingly turn to big data and automation to streamline their operations, companies are now competing on what were once considered “minor” details—auxiliary business processes like inventory control, maintenance management, and people management.
Investing in a CMMS helps your company manage its maintenance better by staying on top of work orders, tracking labor productivity, and extending your asset’s life cycle with preventive care. The best CMMS software will significantly trim your maintenance costs while increasing productivity.
During the coronavirus pandemic, companies have downsized, restructured and gone through all manner of structural changes. Despite the turmoil, some departments like maintenance and operations have continued largely with business-as-usual. Why? They are deemed essential.