AberdeenGroup, the provider of fact-based research for the technology-driven value chain, revealed that best-in-class companies are developing optimized asset management strategies that include enhancing existing maintenance management systems, gathering additional real-time data, providing analytic tools to operators and executives, and incorporating critical engineering data and maintenance procedures into unified data models.

According to the research presented in "The Asset Management Benchmark Report: Moving Toward Zero Downtime," best-in-class manufacturers are: 1) using smart devices six times more frequently than industry average and laggard organizations; 2) empowering decision-makers 55 percent more frequently with performance analytics tools; and 3) seeking solutions that unify data across core asset management systems (CMMS/EAM, PDM, document management) more than twice as frequently as their poorer performing counterparts.

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