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
05-Nov-2015
REGION
Global
Global
Research Code: 9AAC-00-24-00-00
SKU: IA00031-GL-MR_02182
$1,500.00
Special Price $1,125.00 save 25 %
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SKU
IA00031-GL-MR_02182
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
Popular Topics
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.
No Index | No |
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Podcast | No |
Author | Piyush Dewangan |
Industries | Industrial Automation |
WIP Number | 9AAC-00-24-00-00 |
Is Prebook | No |