Abstract

This IDC Perspective provides an overview of the IoT-enabled asset performance management (APM) market and provides guidance on how to approach the buying decision in this emerging space.

"When a new technology solution emerges with transformative potential, an executive's dilemma is to decide whether to jump in early or wait for the new market to shake out and stabilize," says Kevin Prouty, GVP, IDC Manufacturing and Energy Insights. "A great example of this strategic choice is unfolding in the asset performance management space. Fundamentally, this choice should be made in the context of the company's overall risk tolerance, scale, and existing technology footprint and strategy."


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