Frost Radar—What Are the Growth Opportunities in Asset Performance Management?
A benchmarking system to spark companies to action—innovation that fuels new deal flow and growth pipelines
Overview
Asset performance management (APM) systems are critical tools for asset-heavy industries, including oil and gas, petrochemicals and chemicals, mining and metals, and manufacturing, to effectively manage costs and risks in today’s volatile business climate. The APM landscape comprises a mix of traditional industrial automation vendors, hyperscalers, IT companies, and emerging disruptive tech startups competing to expand their product portfolios and offer asset management applications to a wide range of new industry verticals.
- What are the main technological enablers driving the maintenance capabilities of asset-intensive industries?
- How will artificial intelligence (AI), machine learning, Big Data management, advanced analytics, cloud/edge computing, digital twins, virtual reality (VR)/augmented reality (AR)/mixed reality (MR), and intelligent sensors impact this space?
- What is the positioning of the leading companies in this evolving landscape?
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