As a capital-intensive business, you need to ensure your assets are performing optimally, and that any issues are rapidly resolved, around the clock. However, monitoring and maintaining hundreds – if not thousands – of assets can be extremely difficult and time-consuming.
For this reason, more and more capital-intensive businesses are investing in quality Enterprise Asset Management (EAM) solutions – supported by the Internet of Things (IIoT) - which can help automate and streamline the overall process, saving precious time, money and resources.
A recent study conducted by Cisco shows that over the next ten years, the potential bottom-line value that can be created as organisations harness IIoT solutions will be close to 8 trillion dollars, and 25% of this (or 2.1 trillion dollars) will be from Asset Utilisation .
Want to know more? By clicking the image below you can find five reasons why organisations are investing in The Future of Asset Management!
Find out more about EAM solution here.