MRO Magazine

Research and Markets: Convergence in the Plant Asset Management (PAM) Market 2015 – Key IoIT Technologies Driving the Next Generation of PAM Solutions for Predictive/Prescriptive Analysis

November 11, 2015 | By Business Wire News


Research and Markets ( has announced the addition of the “Convergence in the Plant Asset Management (PAM) Market” report to their offering.

Plant Asset Management (PAM) technologies are shifting the next generation of performance improvements from the current practices that are focused on preventing asset failure towards practices focused on optimizing asset performance. Industry initiatives, including Industry 4.0, Smart Manufacturing, and applications of Internet of Industrial Things (IoIT) technologies are revolutionizing operations and maintenance, enabling the cost-effective connectivity of a wide variety of asset classes. PAM suppliers should leverage IoIT technologies for increased value from PAM investment.

Key Topics Covered:

1. Executive Summary

Key Findings

2. Industrial Asset Management-Strategies and Technologies

  • Asset Management Strategies-From Reactive to Predictive/Proactive
  • Asset Management Technologies
  • Plant Asset Management (PAM)-Overview and Segmentation
  • Condition Monitoring System (CMS)
  • Asset Reliability System
  • Asset Performance Management (APM) System
  • Changing Landscape of Plant Asset Management Market

3. Major Trends of the Plant Asset Management Market

  • Partnership Trend-Providing Solutions from Condition Monitoring to Predictive Maintenance
  • Consolidation Trend-Quest for Providing Comprehensive Asset Management Solutions
  • Consolidation Trend-Gaining Expertise for Integrated Offering from Plant to Enterprise Level
  • Emerging Service Trend-Performance-based Asset Analytics Services

4. Key Drivers and Restraints for the Plant Asset Management Market

  • Drivers and Challenges for the Plant Asset Management Market
  • Drivers Explained
  • Challenges Explained

5. Plant Asset Management in an IoIT World

  • Key IoIT Technologies Driving the Next Generation of PAM Solutions for Predictive/Prescriptive Analysis
  • Pervasive Sensing-Enhancing the Value of PAM Solutions through Improved Data Availability
  • Industrial Wireless Networks-Expands Connectivity for a Wide Range of Asset Classes
  • Big Data Storage and Processing-Streamlining Data Gathering and Processing for Asset Analytics
  • Cloud Computing-Connectivity and Interoperability of Wide Range of Asset Information for PAM Applications
  • Advanced Analytics-Enabling Transformation from Predictive to Prescriptive Insights
  • Mobility-Improving PAM Performance Enabling Asset Tracking and Inspection On-the-Go

6. Strategic Recommendations for Plant Asset Management Solution Providers

For more information visit

Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
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Sector: Computing and Technology


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