Convergence in the Plant Asset Management (PAM) Market

Convergence in the Plant Asset Management (PAM) Market

IoIT is Driving Next Generation of Performance Improvement through Predictive/Prescriptive Insights

RELEASE DATE
05-Nov-2015
REGION
Global
Research Code: 9AAC-00-24-00-00
SKU: IA00031-GL-MR_02182

$1,500.00

Special Price $1,125.00 save 25 %

In stock
SKU
IA00031-GL-MR_02182

$1,500.00

$1,125.00 save 25 %

DownloadLink

Pay by invoice

ENQUIRE NOW

Description

Plant Asset Management (PAM) technologies are shifting the next generation of performance improvements from the current practices that are focused on preventing asset failure towards practices focused on optimizing asset performance. Industry initiatives, including Industry 4.0, Smart Manufacturing, and applications of Internet of Industrial Things (IoIT) technologies are revolutionizing operations and maintenance, enabling the cost-effective connectivity of a wide variety of asset classes. PAM suppliers should leverage IoIT technologies for increased value from PAM investment.

Table of Contents

Key Findings

Asset Management Strategies—From Reactive to Predictive/Proactive

Asset Management Technologies

Plant Asset Management (PAM)—Overview and Segmentation

Condition Monitoring System (CMS)

Asset Reliability System

Asset Performance Management (APM) System

Changing Landscape of Plant Asset Management Market

Partnership Trend—Providing Solutions from Condition Monitoring to Predictive Maintenance

Consolidation Trend—Quest for Providing Comprehensive Asset Management Solutions

Consolidation Trend—Gaining Expertise for Integrated Offering from Plant to Enterprise Level

Emerging Service Trend—Performance-based Asset Analytics Services

Drivers and Challenges for the Plant Asset Management Market

Drivers Explained

Drivers Explained (continued)

Challenges Explained

Challenges Explained (continued)

Key IoIT Technologies Driving the Next Generation of PAM Solutions for Predictive/Prescriptive Analysis

Pervasive Sensing—Enhancing the Value of PAM Solutions through Improved Data Availability

Industrial Wireless Networks—Expands Connectivity for a Wide Range of Asset Classes

Big Data Storage and Processing—Streamlining Data Gathering and Processing for Asset Analytics

Cloud Computing—Connectivity and Interoperability of Wide Range of Asset Information for PAM Applications

Advanced Analytics—Enabling Transformation from Predictive to Prescriptive Insights

Mobility—Improving PAM Performance Enabling Asset Tracking and Inspection On-the-Go

Strategic Recommendations

Strategic Recommendations (continued)

Legal Disclaimer

The Frost & Sullivan Story

Value Proposition: Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

Related Research
Plant Asset Management (PAM) technologies are shifting the next generation of performance improvements from the current practices that are focused on preventing asset failure towards practices focused on optimizing asset performance. Industry initiatives, including Industry 4.0, Smart Manufacturing, and applications of Internet of Industrial Things (IoIT) technologies are revolutionizing operations and maintenance, enabling the cost-effective connectivity of a wide variety of asset classes. PAM suppliers should leverage IoIT technologies for increased value from PAM investment.
More Information
No Index No
Podcast No
Author Piyush Dewangan
Industries Industrial Automation
WIP Number 9AAC-00-24-00-00
Is Prebook No