CIOReview
| | August 20166CIOReviewCopyright © 2016 ValleyMedia,Inc. 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.CIOReviewAUGUST - 23 - 2016Mailing AddressCIOReview44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.402.1463, F:510-894-8405 August - 23 - 2016, Vol 05 SE 65 Published by ValleyMedia,Inc To subscribe to CIOReviewVisit www.cioreview.com ENTERPRISE ASSET MANAGEMENT SPECIALCIOReviewEditorial StaffSalesT:510. 565. 7627Louis Fernadneslouis@cioreview.com510-556-2400VisualizersStephen ThomasAjay K DasManaging EditorJeevan GeorgeThe wide-spread adoption of enterprise asset management (EAM) solutions unfold as a new chapter for organizations that are rethinking business and operational strategies to slim down their spending and augment returns on investments with philosophy of "doing more with less". Owing to the varied benefits of EAM software applications that manifest profitability, sustainability, and effective energy and resource management; firms across asset-intensive, manufacturing and energy sector are driving market growth by harnessing the potential of enterprise-grade, configurable solutions. Findings from a recent EAM market survey reveal an overall growth rate from $ 3.15 bn to $ 5.24 bn by the end of 2021. Today, asset management solutions are no longer restricted to maintenance scheduling tasks. In fact, the solutions are equipped to manage and streamline complex assets in an organization to provide managers a holistic view on the resources and open up new perspectives that help modify workflow and operations related to physical assets. The cloud-based EAM solutions are designed taking into consideration that organizations are highly data-driven and conform to the mobile and BYOD practices to save time and automate menial, repetitive tasks. The high level of functionality and applicability of the EAM software finds use cases in industries dominated by large corporations that thrive on vast number of asset and frequently seek to achieve business productivity while minimizing risks that emerge with aging assets and physical infrastructure. As the trending rise in the implementation of EAM solutions gain impetuous, the goals of companies across other sectors such as healthcare, transportation and logistics, field services, government, and utilities are also undergoing radical shift. The EAM software vendors too are doing their bit by keeping in pace with the changing demands and distinct needs of customers against the backdrop of stiff competition and changing regulatory policies. With a goal to steer companies to keep up with the technological transformation and revamp their asset management strategies by bringing on board the repertoire of EAM solutions and services, we the thought leadership of emerging players in EAM landscape. Write to us your thoughts. Jeevan George Managing Editoreditor@cioreview.comEditorialEnabling an Asset-driven CultureAaron PierceJade RayVanishree BhattChithra VijayakumarKathy ArnoldVivian Murray
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