According to a report released by Future Market Insights, a premier provider of market intelligence and consulting services, the global enterprise asset management market is expected to grow considerably between 2016 and 2026, with a year-over-year growth rate of 6.8%. In the report, AssetWorks was named a leading provider of enterprise asset management software solutions.
The main drivers of this growth? According to the report, cloud services, ROI with EAM software solutions and the Internet of Things (IoT) are expected to help drive the EAM industry’s growth over the next decade.
“Major asset management solution providers are laying emphasis on introducing cloud-based enterprise asset management solutions to cater to the growing demand across various verticals, especially small and medium enterprises. Providers are also looking to integrate predictive analytics and ERP with their enterprise asset management solution offerings,” stated a FMI analyst in the report.
AssetWorks EAM software solution helps organizations manage complex networks of roadways, waterways and boundary-based assets, like parks and buildings.
Choosing the right EAM software solution for your organization can be a difficult task. Learn 5 reasons to choose AssetWorks EAM in this quick video:
For more information on enterprise asset management software, visit this page.