Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Integration of IIoT Technologies to Ease Asset Maintenance, Establish Connected Environments and Promote Steady Growth
save 25 %
* Required Fields
Pay by invoice
The objective of this study is to identify and evaluate various growth opportunities for enterprise asset management (EAM) vendors in the present business scenario which is challenged by uncertain economic conditions and the emergence of a new wave of digital manufacturing. There is a pressing need for end-users, particularly in asset-intensive industries, to develop and implement effective strategies to diminish their operational spend and enhance production efficiency; the study elaborates on the significance of EAM in achieving these business goals. The research service also discusses the benefits of integrating Industrial IoT (IIoT) technologies with EAM software. As end-users prefer to continuously monitor the condition of their multiple assets, optimize resources and inventories, and assess their financial performance, the study explains the need and benefits of embracing IIoT technologies such as cloud, Big Data, analytics and mobility. With 2017 as the base year, the study provides estimates of the market size and future growth prospects up to 2022. For this purpose, a specific methodology is followed that includes discussions with senior management of asset management software provider companies and automation giants and secondary research.
Across process, discrete and hybrid industries manufacturers are striving to improve operational and production efficiency. To achieve this, a significant portion of their investments are focused on upgrading their existing plants with modern software solutions. Furthermore, government bodies in several countries are coining regulations to promote health, and safety, and importantly, reduce carbon footprint. This requires strict monitoring and maintenance of their plant operations which has, in fact, led to the integration of EAM into ERP solutions. Despite economic uncertainty, companies have continued to invest in EAM especially, oil and gas, power generation, chemicals and pharmaceutical industries. At present, with the emergence of IIoT, EAM plays a critical role in establishing connected ecosystems, transitioning towards predictive maintenance and promoting digital manufacturing.
Key Issues Addressed
Frost Radar™: Global Autonomous Mobile Robot Market, 2020
Cobots Transforming the Global Industrial Robotics Market—Opportunities Forecast
Metal 3D Printing Revolutionizing Modern Manufacturing
Opportunities of Autonomous Delivery Robots in Warehouse Management
Strategic Analysis of the Global Supervisory Control and Data Acquisition (SCADA) Market, Forecast to 2023
Industrial Air Compressors Market Factbook, Global, Forecast to 2024
European Automation and Control Solutions Market in Oil and Gas Industry, Forecast to 2022
The Emerging IIoT Start-up Ecosystem—Innovative Start-ups in the IIoT Landscape
Global Programmable Logic Controllers Market, Forecast to 2021
Role of Governments in Promoting the Industrial Internet of Things (IIoT) in Asia-Pacific
food waste market
solar energy market
wound care market
digital signage market
residential solar market
thermal spray coatings market
cloud security market
fuel cell market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.