openPR Logo
Press release

Work Order Management System Market Growth Opportunity By Key Players; NetSuite, Microsoft, IBM, Astea, IFS, ClickSoftware, ServiceMax, ServiceNow, eMaint, Hippo CMMS, Corrigo, Coresystems, Infor, Maintenance Connection, Loc8, MEX

03-12-2019 08:34 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Work Order Management System Market

Work Order Management System Market

Work Order Management System Market solutions are adopted in various application verticals including BFSI, IT & Telecom, healthcare, manufacturing, consumer goods & retail, transportation, and construction. The manufacturing vertical holds the highest market adoption rate as these systems assist in effectively managing all types of manufacturing and repair work activities. It offers flexibility in managing the production as per customer specifications with enhanced material capacity & availability, cost auditing, and order tracking capabilities.

Request for an in-depth table of contents for this report @ www.gminsights.com/request-toc/upcoming/2982

The increasing requirement for having centrally-managed work orders is a major parameter driving the work order management system market growth. The rising customer requirements necessitate enterprises to have a scalable work order management system capable of managing all tasks and work orders from centralized platforms, thus saving time & cost and avoiding loss of information. The work order management system can easily configure work orders to manage fields, providing a better flow of information to the field workers. The growing use of wearable devices primarily among the field workers also showcases huge market growth capabilities.

The rising advent of cloud-based and intelligent work order management systems has created tremendous growth opportunities. By making task handling more efficient, it provides real-time data monitoring and analyzing capabilities, increasing operational visibility. The incorporation of Maintenance Repair and Operations (MRO) tools into the work order management system allows technicians to easily add missing technical information, supplier pricing, and information to supplies & asset records. This assists them in finding missing parts, getting reviews, and comparing the pricing, thereby efficiently managing the vendors and assets. A work order management system is essential to ensure that preventive maintenance gets done regularly, thereby abolishing redundant emergency breakdown service calls. Various developing countries lack required infrastructure, which acts as a market barrier. Furthermore, the lack of knowledge about the use of work order management systems among the field workers acts as a major challenger to the market growth.

Global Work Order Management System Market will grow exponentially to 2024 due to increasing demand for advanced technologies including AI and IoT along with a rise in adoption of mobile applications. Work order management system assists in maintaining timely and proper processing of work orders. It handles various processing work requests, resource availability & assignment, downtime, warranty & work order tracking, extensive data mining, inventory management, and creating scheduled & non-scheduled work orders.

Request for customization of this report @ www.gminsights.com/roc/2982

The cloud deployment model is anticipated to grow at a higher rate as compared to the on-premise model. The major factors responsible for this growth include improved security, real-time data information, interactive dashboard, ease of use, affordability, and enhanced scalability & flexibility. The work order management system market is segmented into solution and service with the solution segment holding the largest market share as it assists organizations in managing and organizing field resources.

North America dominates the global work order management system market due to the increasing adoption of latest technologies. The companies operating in this region are increasingly adopting work order management systems to manage and track their work orders and routine, accelerating the market growth. The Asia Pacific region is projected to grow at the fastest rate due to rapid globalization, economic developments, and the increasing adoption of cloud-based technologies. The country is also investing in R&D to develop innovative automation solutions for meeting workforce optimization requirements, further leading to the market growth.

The work order management market is fragmented with the existence of a considerable number of vendors. Some of the major players present in the market are NetSuite, Microsoft, IBM, Astea, IFS, ClickSoftware, ServiceMax, ServiceNow, eMaint, Hippo CMMS, Corrigo, Coresystems, Infor, Maintenance Connection, Loc8, MEX, Fingent, and ServiceChannel. These players are entering into strategic partnerships and collaborations to expand their market presence for developing innovative solutions, thereby gaining the potential benefits of work order management systems.

Browse Full Reports: https://www.gminsights.com/industry-analysis/work-order-management-system-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
Blog: www.industry-source.org

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Work Order Management System Market Growth Opportunity By Key Players; NetSuite, Microsoft, IBM, Astea, IFS, ClickSoftware, ServiceMax, ServiceNow, eMaint, Hippo CMMS, Corrigo, Coresystems, Infor, Maintenance Connection, Loc8, MEX here

News-ID: 1647724 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for Work

Aerial Work Platforms Market
The global AERIAL WORK PLATFORMS market report offers the complete market share, size, and the growth rate of different segments at both the country and regional levels. It provides an in-depth study of the market subtleties such as the current trends, drivers, opportunities, and even the restraining factors. The report also highlights the qualitative aspects in the study. Additionally, the unit takes in the key findings, in terms of market
Is LED Work Light Efficient Enough in the Work Place? – Arizton
The LED work light demand is driving the competition between the replacement and new implementation According to the latest Arizton's market research report, the LED work light market size to cross USD 31 billion by 2025, growing at a CAGR of 8% during the forecast period. LED Work Light Market Growth The LED work lights are better than the traditional work light models. The demand for LED work light is driving the
Coronavirus' Remote Work Nightmare
Since being discovered in late 2019, COVID-19 has sadly killed thousands and disrupted much of the world economy. Northern Italy is in lockdown, SXSW and other major world events are cancelled, and a slew of large companies are increasingly telling their employees to "stay home". Yet as more workers operate remotely, Orange County cybersecurity startup, Active Cypher, sees IT departments struggling to ensure the same levels of cybersecurity as provided
Work exchange platform Work For Lodgings launched
Announcing the launch of Work For Lodgings (www.workforlodgings.com), a new platform that caters for the exchange of work for accommodation. Work For Lodgings is a new work exchange platform connecting hosts from all over the world with guest-workers who are happy to work in exchange for food and accommodation. Work For Lodgings is all about direct exchange, gaining new experiences, making new friends and enabling alternative ways of living. “I created Work
Temporary Work Permit
While recruiting, i.e. matchmaking between employer and employee, is not subject to restrictions, temporary work employers needs to apply for a permit (§1 I 1AÜG). Until your company has this permission, it is fully permissible to provide recruiting services. When operating prior to having received permission, be very sure that you are not engaging in temporary work. Authorities are very cautious about illegal temporary work and will often conduct spontaneous inspections
The 1000 Club: Making Work Experience Work for You
Tower Hamlets Education Business Partnership (THEBP) is a charity established in 1991 and are now celebrating 25 years. The company aims to raise the aspirations and understanding of the world of work and different opportunities to young people. This is done by brokering links between businesses in the City and Canary Wharf and the schools in Tower Hamlets. Currently THEBP work with 63 primary schools and 15 secondary schools within