The asset management industry is on the verge of a paradigm shift to meet the ever-evolving demand for more reliable asset management. When organizations raise their corporate importance, risk, cost, and also when they increase investment on capital assets, they see a consistent increase in the interest of management in maintaining control and visibility of these assets. Besides, governments, regulatory bodies, shareholders, and other key stakeholders have exerted pressure on public and private sector organizations to locate and track the whereabouts of assets and lease obligations. The higher the risk or opportunity cost of not knowing where an asset is located, the greater the management incentive to implement an asset tracking system.
In this new era of mobile, cloud, and analytics technologies, there are more possibilities than ever to collect, merge, and analyze data about assets to assist fine-tune performance. Enterprise asset management can present real-time insight and visibility into virtually all physical assets, and across the maintenance, repair, and overall supply chain. Foundational capabilities of asset management are inevitable to manage an organization’s smarter infrastructure. Such abilities include tracking, monitoring, and managing information around asset reliability, asset usage, and performance.
With the help of Enterprise Asset Management solution providers, asset-intensive organizations can find these core capabilities within a range of industry-specific solutions. For example, AbeTech, a solution provider, featured in this edition, helps to simplify the management of an enterprise’s mobile device environment with its enterprise mobility management platform, Abe360. We have many such companies in this edition that support the company’s business goals and also offers timely maintenance of assets and reduces machine downtime.
We present to you the “Top 10 Enterprise Asset Management Solution Providers - 2019.”
