Signal Alliance, a systems integration company, in strategic partnership with German software maker, SAP, has introduced an Enterprise Asset Management (EAM) software into the Nigerian market. The EAM solution from SAP, according to the Information Communications Technology (ICT) company, helps improve operational efficiencies, asset usage, reduces costs, and better manages capital expenditures throughout the asset lifecycle. The software solution, will also help address the infrastructural gap in public sector by providing a solution for managing public physical assets ranging from dams, power grids, airports, to vehicles, and building facilities.
The partnership between both firms is expected to usher in best-in-breed Business Planning and Execution solutions supporting business strategy, process design and integration, and implementation to improve productivity of government and all industries in Nigeria. This partnership was flagged off at a public sector event organised by Signal Alliance in conjunction with SAP in Abuja penultimate week. The event tagged, “Providing an Enterprise Asset Management Approach to optimising public assets” saw delegates from various Ministries, Departments and Agencies (MDAs) in attendance.
Collins Onuegbu, the managing director of Signal Alliance, described the concept of asset management as the ideal solution to help businesses and government institutions manage and maximise assets. “A look at the current findings of the Senate Committee on Public Accounts recently showed how national resources was mismanaged through multiple allocations to various government agencies and projects by past governments which makes the introduction of a robust EAM system like the one being introduced by and Signal Alliance as both timely and of utmost importance”, he said.
In his justification for partnering with Signal Alliance, Oluseyi Akinyoyenu, head, line of business for SAP West Africa, said Signal Alliance has been identified as a reliable and competent partner in Nigeria with immense capacity to deliver solutions to customers in all sectors of the Nigerian economy. Describing Enterprise asset management as a critical driver for the Nigerian economy, he explained that this unique solution from SAP covers in details all assets owned by private and public enterprise irrespective of size. Akinyoyenu also listed some of the benefits of SAP’s EAM solution to include: Faster, more accurate asset reporting and analytics – for savvier decision making, heightened visibility into asset performance, risk and capital expenditures, improved asset utilisation with centralised monitoring and control, and Superior asset performance, efficiency, with minimised disruptions.
In a bid to differentiate between enterprise asset management solution from the more popular enterprise resource planning (ERP) systems, a mutual partner of both SAP and Signal Alliance, Mahindra Satyam, represented by its Regional Head –Alliance & Presales SAP Practice MEA, Ramesh Ram, had this to say about the new software solution. “While ERP helps enterprises to plan towards the deployment of resources, EAM helps them to manage the assets acquired through the implementation of budgets”. He went ahead to explain that capital expenditure management, time to public usage, rising operating expenses, Assets utilisation and Health safety and environmental performance are some of the current challenges EAM is designed to solve.