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With business environments getting extremely competitive, the need for continuous monitoring of assets is also growing. Lockstep is the escalated adoption of Enterprise Asset Management (EAM) to track billions of indoor assets in real-time and optimizes processes, while reducing costs. Powerful and comprehensive EAM solutions not only help organizations monitor and control their assets but also enhance their lifecycles.
Today, the landscape for asset tracking is increasingly being driven by the data set that steer decisions in the various industries. There is an increase in the demand for real-time data and analytics. Clients need to know where their assets are, the availability and how they are being used. Companies are using this as an opportunity to redefine the EAM space, with asset management tools and cloud-based solutions to manage the lifecycle of their assets. Asset tracking is also seeing more implementation, with improved accuracy and reliability of asset positioning and the addition of Wi-Fi networking technology being incorporated into lighting and other objects in the workspace. This opens up a completely reliable way to monitor assets, allowing companies to gain location-awareness. The Internet of Things (IoT) is another area where EAM solutions are making strides, opening doors for predictive maintenance of company assets. In addition, the use of Artificial Intelligence (AI) is enabling EAM solution providers to accurately pinpoint assets that need replacement or service in real-time to increase efficiency, further optimizing their client's workflows.
This edition of CIO Applications brings you the “Top 25 Enterprise Asset Management Solution Providers - 2017.” this edition features some of the most prominent EAM solution providers in the industry that will empower organizations to proactively optimize their operations.
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