ServiceNow Enterprise Asset Management (EAM) is a comprehensive software solution that helps organizations track, manage, and optimize the lifecycle of their physical assets. This platform provides tools for asset acquisition, maintenance, and disposal, ensuring that businesses can maintain an accurate and up-to-date record of their assets at all times. ServiceNow EAM allows organizations to create asset management workflows that include preventive maintenance schedules, repair tracking, and warranty management. It also integrates with financial systems, enabling businesses to track the total cost of ownership (TCO) and maximize the value of their assets. The software’s real-time tracking capabilities ensure that businesses can monitor asset conditions, usage, and performance, enabling them to make informed decisions about asset procurement and replacement. With ServiceNow EAM, businesses can reduce downtime, extend asset lifecycles, and improve overall asset performance, leading to significant cost savings and enhanced operational efficiency across the organization.