Frost Radar™: Asset Performance Management Market, 2020
Frost Radar™: Asset Performance Management Market, 2020
Benchmarking Future Growth Potential
15-Sep-2020
North America
Description
Asset performance management software solutions use asset-related data, predictive analytics, and Industry 4.0 technologies to anticipate failure or life of an asset and to recommend a maintenance solution that will improve the reliability of the asset. End users in the process industries acknowledge the effectiveness of deploying an APM suite of solutions, as it will help accelerate digital transformation. Asset-heavy end users, such as O&G, and petrochemical and chemical, understand that APM suites integrate risk, finance, inventory management, quality, and operations to bring the highest business value. The shift from site functional excellence to enterprise-wide performance management and the customer preference for above-site management principles will drive the adoption of APM solutions. Automating asset failure prediction is a major focus for industries today, as they move into asset performance autonomy. In a field of more than 20 industry participants, Frost & Sullivan independently plotted the top 15 companies in this Frost Radar™ analysis. The global APM market Frost Radar™ analysis features AVEVA, AspenTech, GE Digital, ARMS Reliability, ABB, Yokogawa, Atonix Digital, IBM, Bentley Systems, Emerson, Infor, Apergy, IPS, Detechtion Technologies, and DNV GL. While there are other companies competing in the market or have recently entered it, Frost & Sullivan has identified these 15 as the market powerhouses on the basis of their revenue for the 2016–2020 time period.
Author: Avinash Kumar
Table of Contents
Strategic Imperative
Growth Environment
Frost Radar™: Asset Performance Management Market, 2020
Frost Radar™: Competitive Environment
Frost Radar™: Competitive Environment (continued)
AVEVA
ABB
Apergy (Champion X)
ARMS Reliability
Aspen Technology
Atonix Digital
Bentley Systems
Detechtion Technologies
Dnv gl
Emerson
GE Digital
IBM
Infor
IPS-Intelligent Process Solutions GmbH
Yokogawa
Strategic Insights
Significance of Being on the Frost Radar™
Frost Radar™ Empowers the CEO’s Growth Team
Frost Radar™ Empowers Investors
Frost Radar™ Empowers Customers
Frost Radar™ Empowers the Board of Directors
Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
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No Index | No |
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Podcast | No |
Author | Avinash Kumar |
Industries | Industrial Automation |
WIP Number | K411-01-00-00-00 |
Is Prebook | No |
GPS Codes | 99EA-A5,9593,9420 |