Changing conditions

摘要

According to recent research the worldwide Plant Asset Management and Condition Monitoring market, which totalled almost £500m two years ago, will reach almost £750m by the end of 2007. According to Dave Clayton of independent strategic planning and technology assessor ARC Advisory Group, which carried out the research: 'The climate is right for PAM and CM solutions to grow substantially. Capital asset management is once again a key managerial concern. Manufacturers are facing challenging markets and expensive overcapacity. Survival demands cost cuts, and capital assets are becoming the target of these efforts.'