Equipment maintenance systems/software is a computerized maintenance management system which helps to manage all types of business functions such as enterprises assets management, streamline the workflow, track inventory, eliminate paperwork, plan prevention, reduce downtime & repairing cost, allocate resources, and keep updated on possible equipment failures. Enterprises are more focused on automating the advance planning and scheduling of equipment repairing and its maintenance problems. Advance planning of equipment maintenance prolongs the life of equipment and reduces the overall operating cost of maintenance. Equipment software manages all characteristics of the maintenance process, runs preventive programs, and offers enterprises complete equipment status and history of operation to users in real time.
Equipment maintenance system/software can be operated from any operating system (OS) and can be accessed via any device that includes personal computers, laptops, tablets, and smartphones. Equipment maintenance system software supports all category of operating systems include Windows 7, Windows Vista, Windows XP, Mac OS, Linux, HP-UX, AIX, Solaris, Unix, IBM OS/400, Web browser (OS agnostic), Windows 2000, and Windows 8. Moreover, based on the type of operating system, the vendors provide customized simple and user-friendly dashboard for equipment system operations. Equipment system software can be operated through apps and apps are easy to handle and are able to help enterprise users create projects, assign work orders, manage assets, and other business-related activities. Equipment maintenance system/software is designed for all types of business activity based on end-user requirement.
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The equipment maintenance systems/software market is driven by both large and small & medium enterprises. SMEs are always looking for cost-effective equipment maintenance systems that are scalable and easy to use. Equipment maintenance systems conduct the maintenance daily, weekly, monthly, seasonally, and annually and send advance notification of any repairing requirement according to meter readings. The equipment maintenance systems/software market is expected to show positive growth in the coming years, both in terms of adoption and revenue. Adoption of equipment maintenance systems and software by enterprises in North America and Europe is very high due to technological advancement. Adoption of equipment maintenance systems and software in the Asia Pacific and Middle East & Africa region are expected to grow at a very good pace due to cost saving benefits of the system. In the coming years, enterprises in these regions are expected to deploy automated equipment maintenance systems/software for their business operations, which will in turn create high demand for such systems in the market.
The equipment maintenance systems/software market can be segmented on the basis of components, deployment method, operating system, pricing, enterprise size, industry vertical, and region. In terms of component, the equipment maintenance systems/software market can be bifurcated into solutions and services. Services segment can be segmented into implementation, training, support, and integration. On the basis of deployment method, the equipment maintenance systems/software market can be bifurcated into web-based and cloud server. The cloud server can be further bifurcated into private, public, and hybrid deployment type. Based on operating system, the equipment maintenance systems/software market can be divided into Mac, Windows, Linux, iOS, and Android. In terms of pricing, the equipment maintenance systems/software market can be segmented into three basic plans that include free, freemium, and subscription. Based on enterprise size, the equipment maintenance systems/software market can be bifurcated into small and mid-size enterprises and large enterprises. In terms of industry vertical, the equipment maintenance systems/software market can be segmented into IT & telecom, retail, hospitality, media & entertainment, transportation, warehouse/distribution, healthcare, government, aerospace & defense, and others (utilities, manufacturing etc.). Based on region, the equipment maintenance systems/software market can be bifurcated into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The equipment maintenance systems/software market includes both large as well as mid-size vendors. These vendors are involved in continuous research and development (R&D) in order to make the most efficient computerized software for various businesses. The competition in this market is largely on the basis of pricing, system efficiency, and benefits provided by the equipment maintenance system/software vendors.
Key players operating in the equipment maintenance system & software market are GP Mate, SeeMyMachines, UpKeep, EZOfficeInventory, FieldEZ, Mapcon, B2W Software Inc., AssetPoint, Teletrac Navman US Ltd, and Maxpanda.
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