Mobile Asset Management: Revamping the Way Asset-intensive Industries Operate 

Asset-intensive industries, such as oil and gas, chemical, mining and more highly rely on legacy systems to manage their operations. These systems, while functional, can be outdated and inefficient, leading to decreased productivity and increased costs. To address these challenges and improve operational efficiency, companies should adopt mobile solutions. However, implementing change in these industries can also be a challenge. So, effective change management is essential for the successful adoption of new technology in these industries.  

In this article, we will discuss the benefits of mobile solutions in asset-intensive industries, as well as the obstacles associated with change management and how to successfully address them. 

Mobile Asset Management

Why Mobile Asset Management is Critical? 

Organizations should prioritize asset management to increase machinery and equipment life. Digital tools like Mobile EAM for Oracle EAM/Maintenance Cloud can help optimize investments in maintenance.  

All in all, effective change management is critical for achieving success and growth in organizations. Studies show that organizations that effectively manage change are more likely to achieve their goals. According to McKinsey & Company, these organizations are 1.8 times more likely to succeed than those that do not. 

Is Robust Mobile Asset Management Solution a Part of Strategy? 

YES

According to Accenture’s report on the future of asset management, 95% of executives agree that an asset manager’s technology, data and digital capabilities will be differentiators in 2025. 

Replacing legacy systems with mobile solutions can offer numerous benefits to asset-intensive industries. Mobile solutions can help companies automate processes and eliminate manual work, leading to increased efficiency and reduced costs. They can also provide real-time access to critical data, allowing for quicker and more informed decision-making. Additionally, mobile solutions can help companies improve safety and compliance by providing real-time access to information and enabling asset tracking and inventory. 

What Challenges Can This Mobile Asset Management Solution Address? 

Complex Workflows

Asset-intensive industries follow complex workflows, regulatory requirements, and reliance on established processes. Introducing new technology can disrupt these processes, leading to resistance and reluctance among employees. Most employees are non-tech savvy. To overcome these challenges, companies must focus on effective change management strategies. 

Employee Engagement

One key strategy for effective change management is to involve employees in the process. Employees who feel like they have a stake in the change are more likely to be supportive and invested in its success. Companies should involve employees in the planning and decision-making process, communicate clearly and regularly about the change, and provide training and support to ensure successful adoption. 

User-friendliness

Another important strategy for effective change management is to focus on user-friendliness. Employees embrace intuitive mobile solutions. Companies should prioritize selecting mobile solutions that provide good user experience, accessibility, and intuitiveness. 

Adaptive to Change

In addition to involving employees and prioritizing user-friendliness, companies should also be prepared to address any challenges that arise during the change process. This may include issues such as resistance to change, technical difficulties, or unexpected delays. Companies should have contingency plans in place to address these challenges and should communicate proactively with employees to manage expectations and ensure continued support throughout the change process. 

Conclusion 

At Propel Apps, we have built the most user-friendly mobile enterprise applications that transform maintenance and supply chain operations. Our mobile solutions replace manual processes and enhance employee experience. These solutions feature guided work instructions that help end-users perform operations without errors. The solutions seamlessly integrate with your organization’s existing systems and break all data barriers. So, your employees can access real-time data and can make informed decisions. 

Want to see how our mobile enterprise applications work for your business? Get in touch with us now

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