Launches new solution to assist enterprises cut cost and drive efficiency in Physical Assets Management
SBI Life Insurance has deployed the solution to boost operational efficiency
Bangalore-based Reachwell Software has launched an Enterprise 
Asset Management (EAM) solution which leverages Microsoft’s Technologies, to help businesses manage their IT and Non IT assets (e.g., software, hardware, furniture, plant and machinery, vehicles, land and buildings, etc).
The EAM solution from Reachwell is designed to help organizations gain visibility of their assets at all times; track when, how and from where they were purchased, where they are physically located and who is using them. The solution covers the Asset Lifecycle and includes management of asset inventory with procurement, fixed asset register, depreciation, contracts, maintenance, work order, property, space and help desk with built in features for generating Barcode / RFID. It integrates seamlessly with IT Discovery Tools and tracks what assets are available on the network with what is bought. This solution has been deployed, on premise, at SBI Life Insurance across India and is aimed at reducing overheads while assisting in audit, compliance and increasing productivity.
Sangramjit Sarangi, CFO, SBI Life Insurance Co. Ltd. said, “Reachwell has provided us with a Fixed Asset Management Solution which has helped reduce dependence on individuals, optimize resource utilization, minimize costs and improve visibility and transparency to assist decision-making.”
Mr. Gouri Shankar, Director, Reachwell Software Services, said, “Reachwell Asset Management solution is useful for diverse industry verticals, especially BFSI, IT, ITES, Manufacturing, Hospitals, Hospitality, Infrastructure, Defense and Education. These sectors have a range of assets that are not just mobile in nature but also need to be tracked with precision about the state of their usability. Microsoft Azure integrates well with existing IT infrastructure across organizations and allows us to provide our services practically across the entire industry.
Srikanth Karnakota, Director – Server and Cloud Business, Microsoft India said: “Microsoft Azure automates the creation, deployment, monitoring, and maintenance of resources – better and faster. It also provides high security features that ensure highest level of data sovereignty on the platform. Using the Reachwell EAM solution built on Azure, customers can make significant gains by way of lowered IT costs and improved efficiency by saving time.”
Microsoft Azure is an open and flexible cloud platform that enables customers to quickly build, deploy and manage applications across a global network of Microsoft-managed datacenters. The platform today hosts large-scale mission-critical applications for businesses across verticals, with seamless integration with existing infrastructure and financially backed SLAs.
