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Enterprise Asset Management (EAM) Market Analysis By Manufacturers IBM, SAP SE, Oracle, ABB, IFSAB, Infor, Ultimo Software Solutions BV

Growing investment by organizations in EAM software is expected to drive the global enterprise asset management market during the forecast period
Increasing investment by organizations on enterprise asset management software is expected to drive growth of the global enterprise asset management market during the forecast period. Various governmental and corporate organizations around the world are employing EAM software, in order to optimize the company’s work efficiency and save money. For instance, in August 2019, Infor, Inc., a U.S.-based enterprise software company, received the contract for EAM solution from Auckland Transport (AT) to manage its asset in future. AT manages a public transport system that includes assets of US$ 1.02 billion with 43 railway stations, 21 ferry wharves, and 2,337 bus stations.

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