Press release
Asset Performance Management (APM) Industry 2021-2021 Generate New Growth Opportunities by Top Players:- Infor, Oracle, OSIsoft, Rockwell Automation
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The asset performance management solutions facilitate information sharing and application integration between maintenance and operations. It primarily focuses on predictive maintenance, condition monitoring, reliability-centered maintenance and asset integrity management with the help of advanced technologies such as asset health data collection, analytics and visualization. It helps in optimizing the production process by predicting potential failures before their occurrence. Increased investment in Smart Factory, Industrial Internet of Things (IIoT) and Industry 4.0 is anticipated to fuel the adoption of advanced analytics tools to predict and prevent asset failures in order to optimize production lead time and improve safety of critical assets. This is anticipated to contribute towards the growth of global asset performance management industry in coming years.
Competitive Scenario
The competitive scenario provides an outlook analysis of the various business growth strategies adopted by the industry participants. The competition intelligence represents relevant news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the industry place and competitor's strength and weakness thereby, providing insights to enhance product and service.
Company Usability Profiles
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Asset Performance Management (APM) Industry, including ABB, Aspen Technology, Inc., AVEVA Group plc, BENTLEY SYSTEMS, INCORPORATED, DNV GL AS, General Electric, IBM Corporation, Infor, Oracle, OSIsoft, Rockwell Automation, Inc., SAP SE, SAS Institute Inc., Siemens, and Uptake Technologies Inc.
Industry Statistics
The report helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2017 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2021 to 2031 are considered the forecast period.
Segmental Analysis:
By Component
Solution
Services
By Deployment
Cloud
On-premise
By Organization Size
Large Enterprise
Small and Medium Enterprise
By End-use Industry
Oil & Gas
Energy & Utility
Chemicals
Manufacturing
Pharmaceuticals
Food & Beverages
Metal & Mining
Healthcare
Aerospace & Defense
IT & Telecommunication
Others
Geographic Segment Covered in the Report:
North America
Europe
Asia Pacific
Middle East & Africa
South America
Qualitative Analysis
Qualitative analysis includes industry dynamics, PESTLE analysis and trends also the competitive landscape in terms of domains, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the favorable fit for the vendors to implement successful merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
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industry Segment Share Analysis
The share analysis offers the analysis of vendors considering their contribution to the overall industry. It provides the idea of its revenue generation into the overall domain compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing industry share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the industry characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Industry Penetration: Provides comprehensive information on the industry offered by the key players
2. Industry Development: Provides in-depth information about lucrative emerging industries and analyze penetration across mature segments of the domains
3. Competitive Assessment & Intelligence: Provides an exhaustive assessment of industry shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
4. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the industry size and forecast of the Global Asset Performance Management (APM) Industry?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Asset Performance Management (APM) Industry during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Asset Performance Management (APM) Industry?
4. How is the competition intensity in the Global Asset Performance Management (APM) Industry?
5. What are the technology trends and regulatory frameworks in the Global Asset Performance Management (APM) Industry?
6. What is the industry share of the leading vendors in the Global Asset Performance Management (APM) Industry?
7. What modes and strategic moves are considered suitable for entering the Global Asset Performance Management (APM) Industry?
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About Us:
We are a team of research analysts and management consultants who share a common vision to help individuals and organizations achieve their short-term and long-term strategic goals by expanding high-quality research services. insightSLICE was established to support mature companies, start-ups and non-profit organizations in various industries, including packaging, automotive, healthcare, chemicals and materials, industrial automation, consumer products, electronics and semiconductors, IT and telecommunications, and energy. Our internally experienced team of analysts has extensive experience in the research industry.
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