The industrial asset management (IAM) market, encompassing computerized maintenance management systems (CMMS) and enterprise asset management (EAM), asset performance management (APM) and asset investment planning (AIP) solutions, has grown significantly in recent years, due to factors such as worker shortages, the decarbonization agenda, digitization pressures and both macro- and microeconomic dynamics. The surge in investment has heightened demand for implementation services, with providers facing intense competition to capture market share. Industrial firms increasingly rely on systems integrators and consultants to deploy and scale solutions across multiple sites, train workers, resolve data management challenges and ensure digital resilience.
This report draws on data collected via questionnaires from IAM technology implementation service providers, as well as information contained in complementary reports, such as the Verdantix 2024 IAM implementation services Green Quadrant (see Verdantix Green Quadrant: Industrial Asset Management Technology Implementation Services 2024).
This report provides an overview of the market for IAM services, with a focus on specific capabilities and recent developments in technology implementation. It is designed to support decision-makers at industrial organizations – such as heads of operations, engineering and maintenance, and plant managers – in selecting the best-fit providers for IAM technology implementation services. Additionally, it will help decision-makers at IAM software providers, such as CEOs and partnership VPs, identify potential implementation partners.
