Asset Management Digital Services: Spending Plans And Use Cases By Industry
Access this research
Access all Operational Excellence content with a strategic subscription or buy this single report
Buy now $478.00
Buy Subscription
Need help or have a question about this report? Contact us for assistance
Executive Summary
This report provides chief marketing officers at consulting firms data on industrial firms’ intention for spend on digital consulting services in 2022 on asset management digitization projects. In 2021 Verdantix found that 93% of industrial firms plan to increase their spend on third-party consultants for asset management digitization projects. A deep dive into the data shows that there are both differences between industries’ intended deployment of consultants and an uneven distribution of planned spend increases. While all industries plan to use consultants to help them formulate a vision and strategy for asset maintenance digitization, some industry-specific differences emerge. For example using service providers for plant shutdown and turnaround is one of the top three use cases for oil and gas firms, whereas manufacturing firms are targeting consultants for predictive maintenance software implementation. In this report we break the data down by industry and provide analysis so that consulting firms may adjust their strategy appropriately to capture as much of this growing market as possible.
Table of contents
Use Cases and Spending On Consultants Show Variations By IndustrySpend On Consultants For Asset Management Projects Remains Healthy Across All Industries For 2022
Use Cases For Engaging Consultants See Some Variations By Industry
Oil and Gas and Mining Plan Double Digital Increases In Spend On Consultants In 2022
Service Providers Must Invest In Strengthening Their Industry Specific Expertise To Capitalize On The Rising Spend On Asset Management Digitization Projects
Table of figures
Figure 1. Expected Changes In Spend On Consultants In 2022Figure 2. Operational Excellence Consulting Projects: Expected Use Of Service Providers In 2022
Figure 3. Expected Use Of Service Providers In 2022 By Oil & Gas
Figure 4. Expected Use Of Service Providers In 2022 By Manufacturing
Figure 5. Expected Use Of Service Providers In 2022 By Infrastructure & Transport
Figure 6. Expected Use Of Service Providers In 2022 By Mining & Utilities
Figure 7. Expected Changes In Spend On Consultants In 2022 Industry Breakdown
Organisations mentioned
Accenture, ARCADIS Gen, ARMS Reliability, Baker Hughes, Capgemini, Cognite, Copperleaf, Cosmo Tech, Deloitte, DIREXYON, Endevor, HighByte, Hitachi Vantara, IBM, Infosys, IT Consol, PwC, T.A. CookAbout the authors
Related Reports
Not a Verdantix client yet?
Register with Verdantix for authoritative data, analysis and advice to allow your business to succeed.