SLAM SOLUTIONS

SLAM | Service Management | Data Intelligence| End User Computing |EATS

With the slowdown in global demand for manufactured goods, manufacturers are deferring the replacement cycles of their working assets. Accordingly EAM tools are necessary to help enterprises establish preventive maintenance to both extend the useful life and monitor the performance of equipment and machinery. Furthermore, with increased attention on the bottom line enterprises will also be able to monitor their asset-based expenses and embark on corrective measures if required.

"Worldwide economic recession will drive down the growth of EAM market in both the industrialized as well as the emerging markets. In these hard economic times, EAM solutions will remain important to customers, as they look for ways to reduce costs and maximize the life and usage of their existing assets," says Sanjeev Pal, IDC's research manager for Product, Project, and Portfolio Management Solutions service.