10 Most Promising Enterprise Asset Management Consulting/Services Companies - 2019

10 Most Promising Enterprise Asset Management Consulting/Services Companies - 2019

The modern economic environment constantly poses various operational challenges for organizations worldwide. With increasingly distributed operations across multiple countries, enterprises are finding it onerous to keep track of all their assets and ensure that these assets are aligned with the corporate objectives. Effective enterprise asset management (EAM) not only helps verify the conformity of assets with a company’s business goals but also offers timely maintenance of assets and reduces machine downtime. EAM optimizes the utilization and productivity of organizations’ resources and in turn, increases the return on assets (ROA).

As the EAM landscape continues to evolve by adopting modern technologies, integration of AI and drone-based asset management is one of the growth areas for EAM players. EAM service providers employ AI to improve data handling, collection, and analysis for mid-level management to gain visibility into their assets and make better decisions. Furthermore, drone services enable companies to solicit information from places that are out of human reach, thus solving various EAM problems especially for oil, shipping, rail, and airline industries. Incorporating IoT into EAM solutions has also been a key trend, enabling workers across different locations to input the inspection data directly into a mobile application, and in turn, keeping the asset managers updated in real time.

With a myriad of EAM service providers in the market, companies must opt for the ones that best fit their requirements and assist with the implementation of advanced technologies in the EAM space. Our distinguished panel comprising key decision makers and experts along with CIOReview’s editorial board has shortlisted some of the most promising EAM consulting/service providers.

We present to you CIOReview’s 10 Most Promising Enterprise Asset Management Consulting/ Services Companies 2019.

Top Enterprise Asset Management Companies

Asset Management Advocates

Provides insight into strategic and tactical asset management from an advocate’s point of view

Cartrack

Provides fleet, asset and workforce management solutions underpinned by real-time actionable business intelligence, delivered as a SaaS model

Fulcrum Technologies

A leading provider of asset lifecycle management solutions for telecom providers

IBM Maximo

Leading enterprise asset management solution that keeps most critical assets and resources of an organization operating at maximum efficiency

Pycube

Help hospitals maintain and protect their assets with Enterprise Asset Management Solutions

SEAMS

Provides decision support software and analytics services which help balance risk and cost, optimize asset performance, and satisfy forward planning needs

ABS Group

Provide a range of technical services to support the safety and reliability of high-performance assets and operations

MaxGrip

It delivers APM consultancy services. Its experts connect people, processes and IT/OT systems. The results of our pragmatic and hands-on approach are increased asset availability and reliability, higher efficiency and productivity, and significant cost reductions

NexGen Technologies, Inc.

Provides high-quality, cost-effective business and technological solutions to our government and commercial customers worldwide

PinnacleART

It empowers facilities to make value-based decisions on how to manage risk, resulting in safe and profitable operations