Remote asset performance monitoring is gaining traction as it allows organizations to monitor asset performance from a remote location. This eliminates the need for manual inspections and reduces the risk of human error. Enterprise asset intelligence solutions enable organizations to remotely monitor asset health, performance, and predict potential failures.
This has become crucial for organizations with assets located in remote or hazardous locations, where manual inspections are not feasible. Additionally, remote monitoring allows organizations to optimize maintenance schedules and reduce costs associated with on-site inspections.
Key Players:
The report profiles some of the key players in the enterprise asset intelligence solutions market including IBM, SAP, ABB Group, Hexagon, and Schneider Electric. These players are focusing on strategic partnerships and collaborations to enhance their product offerings and expand their market presence.