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ARC market research report lauds MRO Software
MRO Software, a provider of asset and service management solutions, announced Wednesday results from a newly released market research report by ARC Advisory Group showing that the company extended its worldwide market share leadership in enterprise asset management (EAM) software during 2005. It marks the fourth consecutive year in which MRO Software has captured the analyst group’s top market position.
The report, “Enterprise Asset Management/Computerized Maintenance Management Systems (EAM/CMMS) Solutions Worldwide Outlook,” names MRO Software as the overall global market leader, and cites other wins in numerous regional, industry and asset-type market segments, including:
North and
Process Manufacturing
Chemical, Oil and Gas
Government
Transportation
Facilities Management
Fleet Assets
IT Assets
According to the report, MRO Software improved its market position thanks partly to its integration of IT asset and service management into the company’s Maximo Enterprise Suite (MXES).
“Its acquisition of MainControl provided the company with an IT asset management solution that was integrated into its Maximo solution in 2005. MRO Software focuses on strategic asset and service management, asset-centric procurement, and an ITIL compliant service desk for production, facilities, fleet and IT asset management. Maximo enjoys major brand recognition and also supports an important services practice for many strategic partners including IBM which promotes the combined EAM and ITEAM focus,” the report said.
The study continues ARC’s annual tracking of the market for EAM/CMMS and Information Technology Enterprise Asset Management (ITEAM) solutions. Market shares and forecasts were estimated for 2005 based upon available financial reports and 2004 base year supplier inputs. It echoes similar market studies from analysts such as the Gartner Inc. and the META Group who have consistently named MRO Software the industry leader year to year.
“ARC Advisory’s report is one of the most exhaustive studies of the EAM industry. Our consistent market leadership shows that our strategy and go-to-market approach is helping to solve our customers’ asset and service management requirements,” said Patricia C. Foye, executive vice president, Global Marketing & Alliances of MRO Software. “We look forward to building on our strong market presence with MXES.”
