Skip to content

Asset Lifecycle Management with SAP

Intelligent Asset Lifecycle Management with SAP

For a holistic and sustainable asset lifecycle management that is precisely tailored to the individual processes and specific needs of your company to ensure long-term efficiency, value enhancement and resource conservation.

Young Engineer woman working with machine in factory for the right asset lifecycle management with sap.

Asset Lifecycle Management: Process Overview

Asset Lifecycle Management refers to the holistic management of assets throughout their entire lifecycle. From strategy and planning to maintenance, procurement, and end-of-life – sustainable Asset Lifecycle Management supports every key phase. Effective management enhances productivity, cost efficiency, and the longevity of assets.

The lifecycle of an asset This typically includes the following phases

  1. 1

    Planning and Development

    In this phase, the requirements for the asset are identified, procurement is planned and the corresponding budgets are allocated (investment decision).

  2. 2

    Construction and installation

    The asset is procured, built or installed and handed over to the company.

  3. 3

    Operation and usage

    Use, maintenance and condition monitoring of the asset in normal business operations in order to maintain its performance.

  4. 4

    Optimization and modernization

    During operation, improvements can be made to increase efficiency or adapt the asset to changing requirements. This often involves the use of specialized software to track asset information, create maintenance schedules, monitor operating costs and make decisions about repairs, refurbishments and retirements.

  5. 5

    Decommissioning and disposal

    At the end of its service life, the asset is taken out of operation and either sold, disposed of or recycled.

Asset lifecycle management involves tracking and managing these phases. This often involves the use of specialized software to track asset information, create maintenance schedules, monitor operating costs and make decisions about repairs, refurbishments and retirements. The purpose is to extend the life of assets, minimize operating costs and maximize overall performance and profitability.

Asset Lifecycle Management in the rail industry

Trendtalk with Michael Zangl, Head of Business Management

Topic: The future on rails

Scarce resources, increasing maintenance requirements and the pressure to digitalize: The rail industry is facing massive challenges.

In the new episode of our valantic TrendTalk, you will learn how SAP APM & SAP EAM enable change in asset management – with digital twins, AI and predictive planning.

Savings and optimization potential in the area of maintenance

The added value for our customers

Technical systems are becoming increasingly complex these days. This not only presents challenges, but also opens up significant potential for savings and optimization, particularly in the area of maintenance. In order to do justice to this potential, it is essential to rely on standards and best practice processes that meet the increasing legal requirements and industry standards.

Maintenance plays a decisive role in competition and is a key factor for customer satisfaction. Innovative solutions such as predictive maintenance can reduce maintenance costs and minimize unplanned downtime, which in turn increases customer satisfaction and security of supply.

Close cooperation between plant operators, manufacturers and maintenance technicians is becoming increasingly important in order to enable automated data exchange. This promotes condition improvement and planning and helps to increase asset availability.

Together we will achieve your goals

By combining the following elements, we create added value for our customers and help them to manage their plants efficiently and effectively:

Ensuring adherence to legal requirements (compliance)

The SAP solutions we implement ensure that your maintenance processes always comply with current legal requirements.

Improving satisfaction among your end customers

Our SAP solutions help to achieve end customer satisfaction through security of supply (energy), reliability and punctuality (rail) and product safety (pharmaceuticals).

Enhancing the ROI of your investments

With our SAP solutions, you maximize the return on investment of your assets and secure their long-term value.

Maximize asset availability

Our solutions reduce downtimes and increase system availability to ensure fault-free operation of your processes.

Plannable condition improvements

We use integrated SAP solutions to help you plan and efficiently implement measures to improve the condition of your assets.

Real-time transparency over the entire lifecycle

Our SAP solutions provide you with up-to-date data to optimally monitor and control the entire lifecycle of your assets.

Full integration in supply chain, accounting and asset accounting

Our SAP solutions optimize the supply chain, ensure cost transparency and support informed decision-making through asset accounting.

Enhancing sustainability goals

It is important to us that sustainability goals are not only defined but also implemented in a measurable and realistic way. We place particular emphasis on continuous optimization to harmonize ecological, social, and economic aspects.

Always up to date – with our blog articles

Four people in meeting, discussing generative ki and use cases

SAP Asset Lifecycle Management April 16, 2025

Generative AI in maintenance: Three use cases 

Generative AI helps automate manual maintenance, reduce costs, and improve decision-making. Through three practical examples, we show how companies can avoid downtime, optimize maintenance, and allocate resources more effectively.

Generative AI in maintenance: Three use cases 
People in business meeting discussing ai in maintenance strategy

SAP Asset Lifecycle Management April 16, 2025

Six Success Factors for the Effective Use of AI in Maintenance

Six key success factors for applying AI in industrial maintenance – from data management and IT infrastructure to change management and governance. Learn how to unlock the full potential of Generative AI and turn it into real business value.

Six Success Factors for the Effective Use of AI in Maintenance
Group of people in a meeting room

SAP Asset Lifecycle Management October 23, 2024

Key maintenance figures and risk management | A key to reducing costs

In today's competitive landscape, efficient plant maintenance is a key success factor for companies. But how can you ensure that your maintenance efforts are truly effective while minimizing the risk of costly breakdowns?

Key maintenance figures and risk management | A key to reducing costs

From return on investment (RoI) to return on asset (RoA)

When moving from Return on Investment (RoI) to Return on Asset (RoA), the focus is clearly on the benefits derived directly from the assets themselves, rather than from the overall investment. The benefits of effective asset lifecycle management in terms of RoA can be specified as follows:

  1. 1

    Specific cost optimization

    As a sub-activity of maintenance, servicing aims to maintain the target condition of assets. Regular maintenance allows assets to work more efficiently, which leads to direct cost savings and improves the RoA.

  2. 2

    Improved availability and reliability of assets

    Inspections help to assess the actual condition of assets and take preventative action before failures occur. This leads to higher availability and reliability, which increases RoA through less unplanned downtime and associated costs.

  3. 3

    Value enhancement through repair

    Repair, which includes prompt repairs or the replacement of defective components, helps to get the asset back into working order as quickly as possible. This minimizes downtime and supports a steady flow of value, which has a positive impact on RoA.

  4. 4

    Long-term value retention through improvement

    Modern maintenance also includes the improvement of assets, which enables an increase in value through technical improvements or upgrades. This strategy helps to ensure that assets retain their value beyond their planned operating life, which optimizes RoA.

  5. 5

    Increase in asset efficiency

    With a better understanding of asset performance and condition, companies can optimize their maintenance and repair efforts. This leads to improved asset efficiency and performance, which directly increases RoA.

  6. 6

    Reduction of capital costs

    A more efficient asset management can help to reduce the need for major new investments by extending the useful life of existing assets. This can reduce capital costs and thus improve the RoA.

  7. 7

    Compliance and risk management

    Proper maintenance and improvement of assets in accordance with legal requirements can reduce the risk of penalties and downtime. This helps to safeguard the investment and protects the RoA.
    Overall, the RoA focuses more on direct measures that increase the value and efficiency of individual assets. Maintenance activities such as servicing, inspection, repair and improvement are key components that directly impact RoA by optimizing the value and performance of assets throughout their lifecycle.

Challenges in Asset Lifecycle Management with SAP

Companies face various challenges in asset lifecycle management, such as cost pressure, generational change and a shortage of skilled workers. In order to remain competitive, they must face up to these challenges. This is where we come in:

  1. 1

    Change of legacy systems

    First-time introduction of an SAP EAM solution (paper), replacement of a non-integrated existing solution, heterogeneous EAM applications, switch to S/4HANA, introduction of a cloud solution, etc.

  2. 2

    Cost pressure in maintenance & procurement

    Efficient use of assets (availability, reliability) and/or increased RoA (return on asset), end-to-end cost transparency, etc.

  3. 3

    Generational change & digitalization expertise

    Generational change in employees or maintenance specialists, optimization of employee utilization, better or simplified work processes, reliable decision-making, etc.

  4. 4

    Automation & mobilization

    Automation of tasks, mobile maintenance solutions, consistency, transparency, traceability, legal certainty, etc.

  5. 5

    Investment programs

    Use of government funding opportunities or special investments in the EAM environment, for example to modernize assets, modernize EAM processes and tools, etc.

  6. 6

    High regulatory requirements

    Legal certainty, traceability, increasing regulatory requirements, verification obligations (particularly in the areas of safety and health), etc.

  7. 7

    Harmonization of master data and processes

    Comprehensive asset segmentation, consistency of relationships between different data objects, comparability of processes, cross-system and cross-national standards.

Businesswoman standing in office. Portrait of a confident businesswoman.

Online consulting on asset lifecycle management (ALM) and your challenges

Are you faced with the challenge of efficiently managing the lifecycle of your assets, planning investments in maintenance strategies or want to optimize your asset management processes using digital tools?

Asset Lifecycle Management - we are here to support you! Asset Lifecycle Management - we are here to support you!

SAP products and solutions in Asset Lifecycle Management

SAP Intelligent Asset Management enables companies and organizations to operate their assets efficiently and sustainably throughout their entire lifecycle.

State-of-the-art technologies such as the Internet of Things (IoT) and artificial intelligence (AI) contribute to continuous process optimization and are able to reliably identify even short-term and unusual deviations.

Advanced collaboration solutions and the mobilization of processes not only increase efficiency, but also improve the quality of data. Various tools for short, medium and long-term planning ensure the timely availability of personnel, service providers, materials and components.

graphic-asset-managemt with sap circle

With our comprehensive SAP Intelligent Asset Management (IAM) and Asset Lifecycle Management services, we offer you innovative tools to efficiently manage and monitor your assets in real time. From predictive maintenance to maximizing asset life – we help you to significantly increase the performance and reliability of your assets.

The perfect SAP solution

SAP Service and Asset Manager

Mobile maintenance with SAP - full integration into the SAP ecosystem

More

Resource planning with SAP RSH & SAP FSM

Revolutionize your resource planning

More

SAP Asset Performance Management

More efficient asset management through innovative technology

More

SAP Business Network: SAP BNAC

Seamless collaboration in real time

More

SAP S/4HANA Asset Management

Efficient and transparent asset lifecycle management

More

Maintenance planning: SAP IBP for MRO

Optimize your maintenance processes

More

Master Data: SAP MDG for EAM

Strengthen your asset management with outstanding master data management

More

Our References

SBB Logo white
Businesswoman with in ear headphones using laptop at train station

Gotthard Base Tunnel: Maintenance for the longest railway tunnel in the world

Learn more
Gotthard Base Tunnel: Maintenance for the longest railway tunnel in the world
SBB Logo white
Business man working in the train.

Modular revision of multiple units with SAP EAM

Learn more
Modular revision of multiple units with SAP EAM
Logo NRS white
Inside the Heavy Industry Factory Female Industrial Engineer Works on Personal Computer She Designs 3D Engine Model, Her Male Colleague Talks with Her and Uses Tablet Computer with SAP Service and Asset Manager

Regionalverkehr Bern-Solothurn AG – Unlock the full potential of SAP EAM

Learn more
Regionalverkehr Bern-Solothurn AG – Unlock the full potential of SAP EAM
Bühler Logo white
Two maintenance workers in a stock environment

Maintenance Master Data Bühler

Learn more
Maintenance Master Data Bühler
Migros Verteilzentrum Suhr Logo white
Young woman checks shopping list in supermarket

Migros Distribution Center Suhr – Automated Maintenance Planning with SAP EAM

Learn more
Migros Distribution Center Suhr – Automated Maintenance Planning with SAP EAM
bls Logo white
Young woman traveling alone by train with a tablet in her hand

BLS AG – Mobile Maintenance Feedback Solution

Learn more
BLS AG – Mobile Maintenance Feedback Solution

Success with internationally recognized standards

We base our projects on internationally recognized standards and guidelines. This makes our approach transparent and comprehensible. The use of DIN standards in industry brings tangible, measurable benefits for companies:

  • cost savings
  • competitive advantages
  • greater security

When implementing asset management solutions, we ensure that our customers comply with the relevant DIN standards.

According to DIN 31051, which defines the basic principles of maintenance, preventive maintenance is a specific sub-area of maintenance.

Inspection

Objective: To determine and assess the current status of technical systems.

Activities: Checking functionality and detecting wear and tear.

Preventive Maintenance

Objective: Maintain the target state of technical systems.

Activities: Measures to delay the depletion of existing wear stocks; these include lubrication, cleaning, readjustment, refilling of operating materials, replacement of wearing parts, etc.

Repair

Objective: To restore the target state if a technical system has failed or its functionality is limited.

Activities: Repair or replace parts that can no longer fulfill their function.

Improvement (modernization)

Objective: To increase the value of the technical system and improve reliability and availability without having to purchase a new system.

Activities: Implementation of upgrades or changes that improve the performance or functions of a technical system.

In terms of return on asset (RoA), each of these activities has a specific impact:

  • Inspection helps to closely monitor the condition and performance of assets, which contributes to data-based decision making.
  • Preventive Maintenance is crucial to keep assets in good working order and extend their lifespan, which has a direct impact on cost efficiency and therefore RoA.
  • Repair ensures that assets can be brought back to operational condition quickly and efficiently, minimizing downtime and production losses.
  • Improvement helps to ensure that assets remain up-to-date, meet changing requirements and thus maximize their long-term value to the company.

In practice, this means that effective asset lifecycle management that focuses on these aspects of maintenance can directly contribute to optimizing RoA by increasing the performance and efficiency of assets throughout their lifecycle.

Other key standards for asset management

Would you like to discuss specific challenges and possible solutions?

Contact our experts directly now for personalized advice!

Your Contact

Ewald Rehm, Founder and CEO at Orianda – a valantic company

Ewald Rehm

Partner & Managing Director

valantic Division SAP Services