| | October 20194VOL 7 · ISSUE 10 - 4 · OCTOBER, 10 - 2019Printed and published by Alok Chaturvedi on Behalf of Bizprint Media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2019 Bizprint Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.EditorialIn the industry today, there is an increasing need for organizations to reduce their procurement and maintenance costs. This need is driving the demand for Enterprise Asset Management across the world. Enterprise asset management system capabilities are expanding to better meet and exceed the evolving needs of asset-intensive organizations. These next-gen solutions offer the visibility required to manage assets and operations within an organization. By virtue of these capabilities, EAM is being adopted across large and small enterprises. The global enterprise asset management (EAM) market is expected to grow at a CAGR of more than 13 percent with its market size predicted to reach USD 8.8 billion by 2024. The increasing adoption of EAM for effective utilization of assets, and reduced maintenance and procurement expenses are the major factors leading to the high demand of EAM in the global market. Enterprises are inclined toward cloud-based EAM solution to streamline work and manage facilities. SMEs are expected to register fast growth during the 2019-2024, as they are rapidly deploying EAM software to maintain their assets and improve their operational efficiency. One of the key trends emerging in the enterprise asset management market is the integration of Internet of Things (IoT) with EAM solutions. This can be attributed to the growing deployment of IoT in mobile devices like smartphones, personal digital assistance, and laptops, globally. Another area of growth for players operating in the enterprise asset management market lies in the integration of AI and drone-based asset management. AI is used to improve data handling wherein data can be analyzed from the records which can enable mid-level management to make better decisions. In this issue, CIOReviewIndia brings to you a list of 20 Most Promising EAM Solution Providers who have proved their mettle in this domain with their innovative approach. These companies pride themselves on keeping abreast of the latest technological advancements in this domain and leveraging them to their full potential. We hope this issue gives you helpful insights into this market landscape. Sudhakar SinghEditorsudhakar@cioreviewindia.comBeing Asset-intensive is No Longer a BaneOffice Editorial queries editor@cioreviewindia.comAdvertising queriessales@cioreviewindia.comBangaloreTel 080 46441103NoidaTel 120 4639300 To subscribeVisit www.cioreviewindia.com/magazineor send email to: subscription@cioreviewindia.comCover price is Rs 150 per issueSales & MarketingAmrit SinghNagendra KumarRohit RaghubanshiRavi KalgiAshok KumarGroup Art DirectorVirupakshi PattarVP - Sales & MarketingMagendran PerumalCirculation ManagerEditorial TeamSuchita Gonsalves Vinisha PaivaLakshmi GJanifha EvangelineTeja BoncheruvuSamrat PradhanCIOReviewIndiaNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Mohana KrishnanSiva SankarVisualizers PublisherEditorAsst. Managing EditorAlok ChaturvediSudhakar SinghEmmanuel Christi Das | |February 201819CIOReview
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