Work Order Management Market 2021 Strategic Assessment- Salesforce.com, Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation

The report presents an in-depth assessment of the Work Order Management Market including enabling technologies, key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Work Order Management investments from 2021 till 2025.

The Work Order Management Market is expected to register a CAGR of approximately 10% during the forecast period. 

Click the link to get a Sample Copy of the Report:

https://www.marketinsightsreports.com/reports/10192358098/work-order-management-market-growth-trends-and-forecasts-2020-2025/inquiry?Mode=48   

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Work Order Management Market: Salesforce.com, Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, IFS AB, Infor Inc., Hippo CMMS, ServiceMax, Inc., Innovapptive Inc., eMaint Enterprises, LLC

Key Developments:

- September 2019 - Arora expanded their services to include managing the full, technological integration of infrastructure systems through the Arora ATLAS platform, which will significantly enhance the customer experience as well as vastly improve a facilitys overall operational efficiency. The platform also includes ATLAS Work Management (AWM). ATLAS Work Management (AWM) introduces mobility and Geospatial integration into the Enterprise Asset Management (EAM) landscape.

Market Overview:

Enterprises worldwide are increasingly moving towards digital transformation, adopting various solutions to oversee maintenance and management. The customer propensity toward smart factories is increasing. According to Capgemini, in 2019, about 68% of the organizations had ongoing smart factory initiatives.
Reducing costs, equipment downtime, and optimizing operations are augmenting the digitalization of facilities across the globe. With the adoption of a work order management system, enterprises can opt for preventive maintenance making it easy to place service requests and gain real-time updates. According to a customer service satisfaction study of more than 550 companies that use maintenance management software, enterprises using the software experienced approximately a 20% reduction in equipment downtime and material costs.

Regional Analysis:

For comprehensive understanding of market dynamics, the global Work Order Management Market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Key Market Trends
Manufacturing Expected to Exhibit Significant Adoption
- Industry 4.0 is transforming industries, from having legacy systems to smart components and smart machines, to facilitate digital factories and development of an ecosystem of connected plants and enterprises. Industry 4.0 has persuaded OEMs to adopt IoT across their operations.
- A survey by Industrial IoT (IIoT) provider Microsoft, states that approximately 85% of companies have at least one IIoT use case project. This number is expected to increase, as 94% of respondents claimed that they would implement IIoT strategies by 2021.
- The benefits offered by IoT in the manufacturing industry are driving the adoption rates, benefits such as increased machine utilization, predictive maintenance and production, data analytics, monitoring, automation, and cost benefits.
- With the growing demand for IoT in manufacturing, companies are entering into strategic partnerships to leverage the growing demand. In 2019, the BMW Group collaborated with Microsoft to develop an open manufacturing platform to develop and encourage more collaborative IoT development in the manufacturing sector. The collaboration majorly focuses on smart factory solutions and building standards to develop them in areas like machine connectivity and on-premises systems integration.

The report has 150 tables and figures browse the report description and TOC:

https://www.marketinsightsreports.com/reports/10192358098/work-order-management-market-growth-trends-and-forecasts-2020-2025?Mode=48       

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Work Order Management Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Finally, Work Order Management Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.