Shrinking Workforce Boosts Demand for Management Software

Katz, Jonathan
January 2008
Industry Week/IW;Jan2008, Vol. 257 Issue 1, p20
Trade Publication
The article predicts the growth of the plant asset management systems market (PAM) by 2011, according to a study by ARC Advisory Group. The market growth will be attributed to the shift of the process industry toward automated systems to maximize plant resources. Cited as benefits of PAM are enabling features like wireless technology, open communications and system integration. PAM market is forecasted to grow faster in developing countries.


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