Companies that have automated some or all of their asset management operations achieve such benefits as improved asset utilization and performance, improved budgeting and planning procedures, and improved overall profitability, according to Aberdeen Group’s new “Enterprise Asset Management Benchmark Report: Maximizing Value in What You Own,” based on a joint study conducted with Supply & Demand Chain Executive magazine.
“The Enterprise Asset Management Benchmark Report “suggests that the degree to which asset management professionals understand and communicate the location, health and performance of their companies’ fixed, physical and capital assets has a direct impact on overall corporate financial performance. Enabling technologies like enterprise asset management (EAM) solutions can help, particularly in asset-intensive industries like manufacturing, utilities, and transportation.
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