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Remote Asset Management Market Expected to Drive Growth by Requirement for Efficient Operational Business Process at Lower Operating Costs

05-23-2018 08:36 AM CET | IT, New Media & Software

Press release from: PS Market Research

Remote Asset Management Market Expected to Drive Growth

Remote asset management is an analytical system that enables remote monitoring and maintenance of assets, machines and systems. Remote asset management provides real-time two-way communication between the organization’s asset and central monitoring application, which results in better control and management of the assets. Remote asset management thus provides advantages of cost-effectiveness, efficient and convenient surveillance operations, which further push the organisations towards the adoption of the technology.

Explore Full Report Description At: https://www.psmarketresearch.com/market-analysis/remote-asset-management-market

Some of the major applications of remote asset management are smart commercial refrigeration, intelligent fleet management, streamlined waste water management, in-depth network security and smart asset tracking.
North America is expected to be the largest market for remote asset management owing to the presence of advanced telecommunication networks for information transfer and increasing proliferation of IoT technology in the region. The presence of number of remote asset management solution providers in North America also contributes in augmenting the growth of remote asset management market in the region. The requirement for efficient operational business process at lower operating costs is expected to drive growth in the remote asset management market.

Connected logistics and fleet management application in connectivity management platform segment of remote asset management, involve integration of IoT, big data and mobile technologies with the existing logistics and transport infrastructure. The integrated system enables automated functions such as real-time information transfer, vehicle maintenance scheduling, vehicle position tracking and related analytics, monitoring of engine performance. The application would assist supply chain managers to track and manage vehicle operations remotely with an added advantage of the ability to enhance customer support services.

Download Free Report Sample At: https://www.psmarketresearch.com/market-analysis/remote-asset-management-market/report-sample

Some of the key players operating in the remote asset management market include AT&T Inc., Cisco Systems Inc., Hitachi, Ltd., Infosys Limited, IBM Corporation, PTC Inc., Rockwell Automation, Inc., SAP SE, Schneider Electric SE, and Verizon Communications Inc. These companies offer number of IT solutions for remote asset management.

About P&S Market Research

P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.

With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

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