Hexagon's Asset Lifecycle Intelligence division announced it has expanded its portfolio in Asia Pacific and can support customers in their digital asset transformation and maintenance journey with the addition of HxGN EAM.
HxGN EAM (formerly Infor EAM) was recently named a leader in the enterprise asset management market in the Green Quadrant: Enterprise Asset Management Software 2022 report from Verdantix, an independent research and advisory firm with expertise in digital strategies for Operational Excellence, Smart Buildings, Environment, Health & Safety and ESG & Sustainability.
According to Verdantix, the global spending on enterprise asset management (EAM) software will reach US$5.4 billion in 2026, compared to US$3.6 billion in 2021, and that acquisitions and funding are reshaping the EAM market.
This growth is spurred on by initiatives for digital transformation and a need to improve asset reliability and maintenance in a standardised and cost-efficient manner with the sustainability goals of corporations in mind.
"HxGN EAM is the world's best-rated solution for maximising asset performance in any industry, with unique capabilities for managing risks and sustainability, and we're excited to be able to bring HxGN EAM to our Korean customers and help them with their digital asset transformation journey to achieve the ever-changing and ever-challenging business outcomes," said Supratim Mukhopadhyay, APAC Director of Sales – EAM, Hexagon's Asset Lifecycle Intelligence division. "We have more than 3,250 customers in industries such as manufacturing, power and energy, transportation and more, globally utilising HxGN EAM to monitor and track assets, digitalise maintenance throughout their enterprise-wide operations and extract more value from their assets."
"HxGN EAM is a best-in-class next generation asset management solution with unparalleled user-friendliness from a management level all the way to the end user's fingertips with native mobile capability. Leading customers worldwide, including one of Australasia's leading transport companies, Singapore's healthcare organisations, Korea's largest eCommerce and logistics company and an energy company in Japan, are utilising HxGN EAM to optimise asset utilisation for higher production output and therefore increased revenue, achieve decarbonisation targets through compliant and auditable operations, and digitalising their assets to harness the data for safe operations," said Mr Mukhopadhyay.
Built upon 36 years of experience and continuous innovation, HxGN EAM provides all the tools needed to help solve critical asset performance challenges. HxGN EAM is a strategic, asset management solution that empowers customers to increase efficiency of their assets – today and tomorrow.
