target audience: TECH BUYER Publication date: Dec 2023 - Document type: IDC MarketScape - Doc Document number: # US49760023
IDC MarketScape: Worldwide Smart Manufacturing Asset Management Service Providers 2023-2024 Vendor Assessment
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Abstract
This IDC MarketScape assesses smart manufacturing service providers that support asset management projects in production.
"Increasing the availability of intelligent sensors onboard equipment and production assets enables real-time measurement of asset condition as well as modern predictive and condition-based maintenance activities. Advanced analytics applications enable constant reviews of production asset management strategies to ensure activities are managed in coordination with production activities, therefore doing 'the right amount of maintenance, in the right place, at the right time.' Moreover, energy management has become a crucial initiative to drive sustainability targets," said Lorenzo Veronesi, associate research director, Smart Manufacturing Strategies at IDC. "In this context, the role of service providers is very important as they deliver the necessary breadth of portfolio and strategic vision to enable manufacturers to fully embrace smart manufacturing opportunities for their asset management through IT."