A leading global chemical company optimizes its asset risk management using SAP IAM with Maventic
Maventic
MaventicA leading global chemical company optimizes its asset risk management using SAP IAM with Maventic
About Client:
The client is one of the world’s largest sustainable chemical companies with 140+ manufacturing facilities and a presence in 35 countries. It produces polyester, synthetic rubber gloves and resins for various commercial applications.
Business Scenario :
Before partnering with Maventic, the client relied on siloed digital solutions to manage data associated with its physical assets. These solutions were internally created spreadsheets and applications, for making decisions in managing the physical assets to avoid safety, environmental, or production-related incidents.
Challenges:
Data silos created by the internal solutions resulted in:
Solution:
The client decided that the best course of action was to migrate the master data pertaining to its physical assets to SAP IAM and integrate this information with its SAP EAM system to create a single source of data.
After evaluating a few SAP BTP partners, they selected Maventic’s proposal to leverage SAP IAM’s ASPM (Asset Strategy and Performance Management) software to enhance data visibility and develop custom algorithms for optimizing the risk management process.
The services utilized for this project were SAP CAP Java, SAPUI5 and SAP Fiori Launchpad.
Benefits:
