Strategic Focus: The Latest Wave Of CMMS Investment Is Upon Us

Executive Summary

Computerized maintenance management systems (CMMS) are utilized in building operations to assist facilities management teams with digitized asset and maintenance management. The CMMS market is mature and many solutions in use today have existed for several years, with stagnant functionality. Findings from the latest Verdantix global corporate survey of real estate executives reveal that buyers are looking to invest in their maintenance solutions, with a significant proportion seeking to replace their existing solution entirely. This is being driven by advancements in solutions with new functionality and integrations, alongside external financial and sustainability pressures.

This report should be leveraged by existing users of CMMS software, and those in facilities management positions, to better understand the evolving functionality of this traditionally stagnant software and the primary drivers behind changing investment plans. Verdantix has adopted a forward-looking approach and – through vendor interviews, desk research and interviews with maintenance decision-makers – established a key priority list to assist users with solution selection criteria.