The field service management software market is set to grow by USD 3.43 billion, accelerating at a CAGR of over 17%, during the period spanning over 2020-2024. One of the key factors driving growth is the adoption of various pricing strategies by vendors. Vendors are adopting customer-centric pricing strategies to gain an edge in the market. The increasing demand for SaaS-based FSM solutions is a significant trend that will further stimulate market growth. The rising adoption of cloud-based solutions has led several enterprises to deploy their software solutions off-site.
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Technavio has announced its latest market research report titled Global Field Service Management (FSM) Software Market 2020-2024 (Graphic: Business Wire)
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Parent Market Analysis
Technavio categorizes the global field service management (FSM) software
Dynamic Risk Pathways is the first software application to provide the real-time capture and easy-to-understand, predictive visualization of risk pathways to help organizations proactively manage and mitigate process safety risk
Sphera’s Dynamic Risk Pathway
C1151 Gas Compressor Risk Pathway
CHICAGO, Oct. 21, 2020 (GLOBE NEWSWIRE) — Sphera, a leading global provider of Integrated Risk Management software, data and consulting services, today announced its Dynamic Risk Pathways solution, the industry’s first real-time, process safety management Digital Twin solution.
Sphera’s Dynamic Risk Pathways is the industry’s next generation Operational Risk Management (ORM) Digital Twin technology for modeling and predicting process safety risk exposure for defined risk scenarios. By using the real-time status information from asset integrity inspections, safety critical equipment, Internet of Things (IoT) sensor data, maintenance and operational activity, and deviations from normal operating conditions, operational teams are provided with a single, shared view of the
This article series spotlights key business trends identified by the expert members of Forbes Councils. Find out if you qualify for Forbes Technology Council here.
Traditionally, the concept of risk has been associated with asset protection. Today, however, organizations are shifting to think about risk mitigation as it relates to revenue generation. This means organizations are working to quantify and prioritize risk with a proactive strategy that allows them to take on more strategic risk with the goal of generating revenue.
However, the Covid-19 pandemic has been so fundamentally disruptive that many companies have been forced into a reactive state of risk management. Without a comprehensive contingency plan for unpredictable and disruptive events such as natural disasters, cybersecurity breaches, terrorist attacks, fraud or embezzlement, companies are unable to navigate uncertain times
NEW YORK, Oct. 21, 2020 /PRNewswire/ — Amid the COVID-19 crisis, the global market for Identity Management Software estimated at US$10.9 Billion in the year 2020, is projected to reach a revised size of US$23.2 Billion by 2027, growing at a CAGR of 11.3% over the analysis period 2020-2027. Cloud, one of the segments analyzed in the report, is projected to record a 10.7% CAGR and reach US$4.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hybrid segment is readjusted to a revised 10.7% CAGR for the next 7-year period.
Read the full report: https://www.reportlinker.com/p05817634/?utm_source=PRN
The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 15.1% CAGR
The Identity Management Software market in the U.S. is estimated at US$3 Billion in the year 2020.
Data storage provider NetApp Inc. is updating its software services to help its customers take better advantage of their hybrid information technology infrastructure.
The company said today it’s adding new capabilities to its NetApp ONTAP data management software that provide deeper cloud integration, greater consolidation and continuous data availability, helping to simplify and improve the efficiency of business critical applications that run in the cloud or on-premises.
In addition, NetApp said it’s adding more options to its Keystone Flex Subscription, which provides more flexible pay-as-you-grow subscriptions for companies that wants a more “cloudlike” experience on-premises. Finally, the company announced a new NetApp SolidFire Enterprise SDS solution, a software-defined storage offering that it says can be deployed on any hardware to serve as the foundation for customer’s private clouds.
NetApp has traditionally been a seller of data storage hardware, but with that business under intense pressure from public cloud providers such
Group expands education footprint in UK, US, and international markets
IRIS Software Group, one of the UK’s largest privately held software companies is today announcing it has acquired iSAMS, a leading, fully integrated, online school management system.
Set to grow the scope of the education portfolio for IRIS, iSAMS is closely aligned with the Group’s vision to be the most trusted provider of mission critical software and services. iSAMS provides management information system (MIS) solutions to over 500 UK independent schools and over 500 international schools across 80 countries.
iSAMS complements IRIS’ objective to be at the heart of school management, ensuring education leaders stay ahead of regulatory change; streamline school management by automating mundane and complex operational tasks to drive success; and engage employees, parents and pupils to exchange important information and build valuable relationships.
Kevin Dady, Executive Chairman of IRIS Software Group says, “As part of our growth
The “Business Spend Management (BSM) Software Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 To 2028” report has been added to ResearchAndMarkets.com’s offering.
Streamlining the business processes to optimize the spending is improving adoption of BSM software worldwide
Using BSM software solution, enterprises can reduce their cost of goods & services, increased procurement leverages, process efficiency, and also mitigate the risk which may cause by supplier non-performance or supplier non-compliance. Additionally, the increased transparency in the procurement process and increased visibility into spending and contract provides enhanced financial control, organizational agility, and increased productivity.
With the growth of enterprises, it is difficult to manage the spending of a large number of vendors and transactions. Also, with rising cost-effective software solutions, high growth start-ups and companies are data-driven and diligent in the way to manage and regulate their spending. This shifts the
The cloud-based suite of tools delivers smart, trouble-free access to software, data and services
Linedata (Paris:LIN) (LIN:FP), a global provider of credit and asset management technology, data and services, unveiled its latest innovation, Asset Management Platform – Linedata AMP. The dynamic suite of tools provides asset managers with an always-on approach to software, data and services by leveraging cloud technology to offer continuous integration and drive adaptability.
The rapidly changing nature of the asset management industry has increased the pressures to adapt to digital transformation, overcome regulatory hurdles, streamline business costs and meet the needs of a globalized customer base. Linedata created AMP with a modular design to help the industry solve these challenges and ensure asset managers can constantly and quickly serve their customers.
“Linedata AMP was developed with more than 20 years of business intelligence expertise in mind. The platform enables clients to embrace market volatility and remote
SEOUL (Reuters) – Shares in Big Hit Entertainment defied the pre-listing hype to dip on their first day of trade on Thursday, giving the management label of South Korean superstar K-pop group BTS a market valuation of 8.7 trillion won ($7.61 billion).
Big Hit, which relies heavily on the boy band for revenue, doubled its initial public offering price to debut at 270,000 won per share, for a 9.6 trillion won valuation. Shares surged by as much as 30% in early trade before dropping back.
Analysts said the closing share price of 258,000 won, still around 90% above the IPO price, should be viewed as a more reasonable price based on fundamentals, rather than a sign of listing failure.
“The closing price is already around analysts’ average target price for 2022, based on estimations of profit increases,” said eBest Investment & Securities analyst Jina An.
DUBLIN–(BUSINESS WIRE)–The “Farm Management Software and Services – Global Market Outlook (2019-2027)” report has been added to ResearchAndMarkets.com’s offering.
Global Farm Management Software and Services Market accounted for $1,004.2 million in 2019 and is expected to reach $3,984.29 million by 2027, growing at a CAGR of 18.8% during the forecast period.
Increasing implementation of cloud computing in real-time farm data management, rising demand for food and government support to adopt modern agricultural techniques are some of the factors propelling the growth of the market. However, high initial capital investment is hampering the growth of the market.
Farm management software and services is a foreseeable part of farming techniques. It plays a vital role in advanced agriculture techniques and assists farmers in managing financials, and labour management, which, in turn, improves productivity and profitability. Farm management software and services keep farm production high, as well as enforces traceability and