| | October 20156CIOReviewCopyright © 2015 CIOReview. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewOCTOBER - 02 - 2015Mailing AddressCIOReview44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.402.1463, F:510-894-8405 OCTOBER - 02 - 2015, Volume 4 SE-75 Published by CIOReview To subscribe to CIOReviewVisit www.cioreview.com Managing EditorJeevan GeorgeEditorial StaffSalesAlex D' Souza Derek JamesJoe PhilipMathew Jacob Vanishree BhattSonia SacharT:510.556.2400VisualizersStephen ThomasAlexandra Watsonalexandra@cioreview.comManjith FernandezLouis Fernandes louis@cioreview.comEAM SpecialCIOReviewMegan Delfinomegan@cioreview.comTo combat the impediments in boosting the lifecycle performance of their assets, organizations today are turning towards smarter, physical infrastructure that integrates process and data throughout the asset lifecycle. This has placed Enterprise Asset Management (EAM) solutions at the cornerstone of many enterprise strategies. These new EAM solutions, by their integration with cloud and big data have created strong business opportunities for the players in the market. The maximization of return on assets, higher need for supervision of aging assets, connectivity of various applications and operations in a single data base through EAM are also major contributing factors for the growth of this market. To win the battle of harsh economic conditions and indecisive markets, the software vendors in the EAM market space are constantly designing and innovating their software applications. This process would soon allow traditional asset management activities to develop into a complete standard approach. The players have adopted various developments mobile asset tracking and radio frequency identification (RFID) in EAM to enable organizations to track their physical assets and inventory across the globe through mobile. These advancements are expected to propel the EAM industry's growth from $2,903 billion in 2015 to $4,751 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 10.3 percent from 2015-2020. While the future of EAM looks bright, the selection of right technology and partners will be a key factor for companies to create a competitive advantage in the market. On that note, we present you a special edition on EAM technology. In this edition, we are featuring 20 most promising EAM solution providers, along with insights from CIOs who shared their wisdom on leveraging technology to deal with the wide array of challenges. Reading through these insights will give you a peek into the varied business environments and help you solve critical EAM challenges.Jeevan GeorgeManaging Editoreditor@cioreview.comA Comprehensive Approach to Enterprise Asset Management Editorial
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