EAM


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EAM

(computer science)
electric accounting machine
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.

EAM

(1) (Enterprise Asset Management) The management and control of the information technology assets within the enterprise. The asset management repository includes a description of the asset as well as contract information pertaining to its acquisition. The purpose of enterprise asset management is to keep track of and lower the cost of ownership of technology resources.

(2) (Electronic Accounting Machine) Another name for punch card tabulating equipment. EAM equipment (tabulating machines) was the mainstay of data processing for more than 70 years following the advent of Hollerith's card system for the 1890 census.


The EAM Room
This was a typical EAM room in a medium-sized business. Huge rooms full of tabulating machines were common in large companies. (Image courtesy of IBM.)
Copyright © 1981-2019 by The Computer Language Company Inc. All Rights reserved. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction is strictly prohibited without permission from the publisher.
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"Broadly defined, an EAMs' platform is a regulated independent legal entity providing EAM the possibility to access easily to specialised resources that enable each asset manager to effectively delegate his administrative tasks to the platform, leaving him or her, free to give his full attention to managing clients' assets.
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Utopia's MDG for EAM solution provides a governance platform for master data objects specific to enterprise asset data, such as equipment master or functional locations.
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