STAMFORD, Conn. and MUNDELEIN, Ill., Jan. 9, 2013 /PRNewswire/ -- Global Enterprise Asset Management (EAM) services provider Vesta Partners and Enterprise Data Solutions provider Utopia announced today a partnership to help clients reduce their annual asset management costs.

Through the combined talents of the Vesta – Utopia team, customers can address all aspects of EAM operational efficiency including business process optimization and EAM system configuration as well as asset data quality and master data management. 

Vesta, an SAP Services and Select Consulting Partner, specializes in SAP EAM consulting and implementation services and technologies to Fortune 500 companies in the utilities, mining, rail, oil and gas and manufacturing industries.  Vesta combines industry best practices with practical technology solutions to help customers shift their maintenance operations from a necessary cost center to an enterprise improvement platform. 

Utopia, an SAP Gold Partner, helps clients optimize their business processes by ensuring data is accurate and managed through the entire lifecycle from creation, reporting, management and until it is archived. Utopia uses proven best practices to help clients make better asset-related decisions, identify cost reductions for labor, parts and inventory, as well as improve asset availability through better scheduling of high-replacement cost items.

"We are very pleased to be working with a leading EAM consultancy," said Doug Jones, GVP of Strategy, Marketing & Alliances. "Utopia is extremely selective in partnering and creating relationships that bring transformational value to clients. By combining Utopia's data expertise with Vesta's in-depth asset management capabilities, we are confident clients will be able to improve EAM productivity and cut unnecessary costs, with results dropping directly to the bottom line."

"Combining the specific expertise of each firm under this partnership will provide customers with a strong value proposition," added Mike Maiolo, CEO of Vesta.  "The ability to assess both your data and systems collectively in order to design a road map for improvement will bring great value and ultimately great savings to a client." 

Vesta and Utopia recently discussed the topic of SAP EAM Data Quality.  To view the recorded version of this webinar please click the link below (registration required):

SAP EAM Data Quality Webinar

About Utopia, Inc.:

Utopia, Inc. is a global Enterprise Data Solutions provider that serves customers in multiple industries, including oil & gas, mining, utilities, manufacturing, high tech, consumer goods and retail, with unique methodologies to deliver significant cost savings and improvements that help unleash the true potential of the enterprise. Utopia's enterprise data solutions include strategic roadmap development, systems integration, data strategy and master data management (MDM), as well as data migration, quality and governance services.

The company has its global headquarters in Mundelein, IL, just north of Chicago and is celebrating its tenth year in business. Utopia's international presence includes offices in USA, Canada, Europe, Middle East, India, Asia Pacific and most recently Latin America. For more information, please visit: www.utopiainc.com.

About Vesta Partners

Founded in 2005, Vesta operates a functional and technical consulting practice focused on EAM solution architecture and configuration for customers in asset intensive industries. The functional consulting practice is focused on architecting and integrating SAP EAM modules, which help customers track, manage and report on capital asset usage, with expertise in utilities, mining, rail and oil & gas. In addition to its consulting services, the Company offers proprietary software solutions addressing niche EAM demands. As a leader in the EAM space and an SAP Select Consulting Partner, the Company is regularly hired by Fortune 500 customers to design and implement master IT roadmaps specifying enterprise application architecture and configuration. For more information, please visit www.vestapartners.com.

SOURCE Utopia, Inc.