Infor has announced the latest release of Infor Enterprise Asset Management. Infor will reveal more details about version 11.5 January 14th 2020. The update is a better integration and improved functionality from the Infor Data Lake which was announced at Inforum 2018.

The main features of the release include updates to the Asset Performance Management (APM) and Asset Investment Planning (AIP) modules and a new OpenCAD BIM module. There are improvements to visualization, so that relevant staff can view details of assets pertinent to them. Owners, inspectors, managers, engineers, field techs, investment strategists are now able to:

Decide what asset types you want to assess.

Define an asset’s initial condition and set its end condition.

Describe assets in greater detail.

Use native, asset – and industry-specific decay curves.

Set target service levels that let you track asset performance.

Make data-driven decisions about when to repair, refurbish, retire, and replace.

It also delivers an enhanced equipment ranking capability.