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Case Study: Eastman Chemical
Chemical Company Avoids $4.3 Million in Capital Costs with Better Asset Management
"After developing our requirements, it took two people just four months to create AIM on SharePoint Server. This eliminated the $350,000 expense of buying a commercial product and customizing it."
- Ed Montgomery, Project Manager, Information Technology Project Office, Eastman Chemical Company
Eastman Chemical Company is a global chemical company with manufacturing plants around the world. In those plants are tens of thousands of pieces of capital equipment, from pumps to power generators, all of which need to be carefully managed to maximize uptime and performance and minimize maintenance costs. Eastman recently replaced an older capital asset management software program with a custom system built in just four months using Microsoft SharePoint Server 2010. By authoring the new system itself, Eastman avoided spending U.S.$350,000 on a commercial program. Plus, Eastman calculates that it is avoiding $4.3 million in annual capital expenses through better asset management. Further, it will speed up capital project cycles significantly and reduce server costs by 60 percent.
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