The maintenance of data is very important to any organization. Earlier, every maintenance data was stored on pen and paper which was a tedious and time-consuming process. With the evolution of technology, computerized maintenance management systems came into existence. These systems are also known as Enterprise Asset Management (EAM) and are a software that helps the maintenance team of organizations to schedule and track the maintenance task and keep a record of all the past and future tasks. Today, as the number of organizations is growing, the requirement to maintain the computer’s database of maintenance operations is increasing.
The computerized maintenance management systems are majorly used in a manufacturing or service provider firm. These systems assist the maintenance personnel to check how many times a system has broken for a particular fault in past, extending the life cycle of a particular equipment and organizing maintenance workflows.
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Computerized Maintenance Management Systems: Drivers and Restraints
Factors like an efficient accomplishment of maintenance practices, time-saving services, and low cost are majorly driving the market of computerized maintenance management system. Also, facilities provided by computerized maintenance management systems like scheduling tasks, tracking work orders, external work requests, managing inventory and audit, and certification are elevating the market.
The factors restraining the growth of computerized maintenance management systems are the lack of trained professionals and poor upgrade capability.
Increasing adoption of predictive maintenance and cloud are trending in the computerized maintenance management systems market.
Computerized Maintenance Management Systems: Segmentation
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Segmentation based on applications in Computerized Maintenance Management Systems Market:
- Tracking of work orders
- Scheduling of routine maintenance activities
- Control maintenance
Segmentation based on deployment type in Computerized Maintenance Management Systems Market:
- Web based
- Cloud based
Computerized Maintenance Management Systems: Competitive Landscape
The Key players in the market are MicroMain Corporation, IBM Corporation, Parafernalia, Ltd., ServiceChannel, Inc., Infor, Inc., eMaint Enterprises, LLC, NexGen Inc., Schneider Electric SE, Mapcon Technologies, Inc. and mPulse Mobile Inc.
North America is expected to the largest market of Computerized Maintenance Management Systems. The majority of Computerized Maintenance Management Systems vendors such as MicroMain Corporation, IBM Corporation, and ServiceChannel, Inc., are based in North America region. This is attributed to the rising penetration of cloud and mobility in the market. The market is anticipated to grow in Europe region due to rising adoption of cloud-based applications.