It’s understandable that management wants to understand the asset management ROI of a CMMS. Depending on your company and what areas you're trying to improve, there are many measurements and KPIs that you can employ. Here are a few major considerations:
According to the U.S. Department of Energy, a company can save 12 to 18 percent of the costs associated with repair and emergency asset maintenance when it switches to predictive maintenance.
A report from Jones Lang LaSalle states that a company can generate an ROI of 545 percent over 20 years from switching to preventive maintenance over reactive maintenance.
Uptime levels from plants typically employing reactive maintenance achieve an uptime of 83.5 percent, while those that focus on planning, scheduling, and predictive maintenance can boost that number to 98 percent, according to Reliability Incident Management.