When customers elect to host one of the solutions from Datastream's Oracle-based asset management software family, as an alternative to traditional implementation, they are "connected" via our hosting services.
Customers have a single point of contact for the complete asset management application—handling all software, hardware, and support concerns.
Hosting services provide significant economic and operational advantages over traditional asset management software packages. With a hosted application, companies do not have to worry about implementing a vast network of additional software and hardware components—giving companies the freedom to focus on what they do best. In addition, hosting provides the customer with the lowest total cost of ownership (TCO) in the market because it eliminates the technical and administrative burden of traditional implementations.
In today's fast-changing world, operating enterprise-wide systems has become one of the greatest challenges an organization faces. The headaches of configuring, installing, maintaining, and supporting these applications has multiplied. Over the next few years, the majority of enterprise technology solutions will migrate to a centrally hosted, Internet-delivered service-offering model. We are a leading enabler of this migration.
Datastream 7i offers a comprehensive, Internet-based asset performance management solution that allows end-users worldwide access from any standard Internet connection. This eliminates capital costs and reduces setup time. In addition, software upgrades and patches are part of the hosting service, saving customers time and resources. From a single database, customers control maintenance operations in the various locations they serve. Employees easily access parts inventory, design, and maintenance information for equipment and systems. There are also over 40 currency exchange rates and multiple languages configured into the hosted solution, which allows for true global implementation.