| | November 20236CIOReviewEnterprise asset management is becoming increasingly significant with the influx of complex assets, underscoring the need for centralizing asset information across the entire lifecycle to reduce downtime. Organizations are proactively seeking to optimize their time and resources by leveraging modern, efficient EAM solutions that enhance asset tracking and operational efficiency. According to a report by marketresearch.com, the global EAM market size is estimated to peak from $4.15 billion in 2023 to $8.45 billion by 2032, at a compound annual growth rate (CAGR) of 9.30 percent between 2022 - 2032. Technology is a key driver behind this growth, offering incredible value in asset management scenarios. The booming sector is experiencing a rapid transformation with the recent advancements in technologies like AI, IoT, mixed reality, mobile functionalities, and other digital resources. These innovations and developments are enabling organizations to gain efficiency with data-based recommendations, remotely perform crucial tasks, and predict equipment failures. This edition of CIOReview delivers a bird's-eye view of the recent developments in the EAM arena and insights into how organizations are aligning with these trends to transform legacy practices and improve outcomes. We have curated thought leadership articles from industry experts, including Ron Adams, Vice President Risk Management, Baker Roofing Company, and Jennifer Garone, Sr. Director, North American OpCo Privacy Leader at Carnival Cruise Line.We also took a deep dive into market trends to narrow down the list of companies delivering innovative EAM solutions and services. Equipped with innovative technological capabilities, companies like Software Consulting Services help transform businesses at the cloverleaf of various disruptive technologies.We hope this edition of CIOReview on Enterprise Asset Management solutions providers helps you build the partnership you and your organization need to foster an environment driven by efficient technology.Let us know your thoughts!EditorialThe Power of Tech-Driven Enterprise Asset ManagementCIOReviewEmail:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com November - 14 - 2023, Vol 12, Issue - 116 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffAaron PierceCarolynn WaltersShirley FaithRussell ThomasVisualizersJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithDean WinchesterAsher BlakeCopyright © 2023 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.Disclaimer: *Some of the Insights are based on our interviews with CIOs and CXOs
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