Energy and Commodities Drive EAM Demand
Enterprise Asset Management (EAM) solutions enable asset owner/operators to manage the maintenance of their complex physical assets. EAM solutions include the following components and application functionality: Asset/Equipment Information Management, Work/Service Order Management, MRO Materials Management, Labor Management, Service Contract Management, Reporting & Analytics, and Mobile Application Software.
The developing regions of the world are investing heavily in new infrastructure and other products manufactured by asset intensive industries to support their rapid growth. This growth and infrastructure investment in the developing regions of the world has contributed to an oil and commodities boom. The subsequent increase in prices for oil and commodities is expected to drive further growth in exploration and refining of oil and mining of other resources that are in high demand. As a result, the oil & gas, mining & metals, and electric power industries are anticipated to offer the greatest opportunity for EAM sales in the near future.
This study provides worldwide EAM/CMMS market shares and market segment breakdowns by industry, revenue type, region, asset type, and customer tier. Five year forecasts for the market and segments are provided for 2008 through 2012.
Strategic Issues
The EAM market continues to experience confusion from strong consolidation among the many leading suppliers. In 2007, a number of mergers and acquisitions were completed. Most notably, Mincom and Indus were privatized through acquisitions and Hansen was acquired by Infor. This study will help to answer questions such as:
- How have mergers and acquisition changed supplier market shares?
- How is the market revenue allocated across industries?
- What are the projected growth rates for the listed industries?
- What is the revenue breakdown by asset type?
- How are revenues allocated across regions?
- Which regions offer the greatest growth opportunities?