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Asset Management System Market Size to Surpass USD 28.80 Billion by 2031, Growing at a 6.9% CAGR - The Insight Partners
Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter US & Canada, April 30, 2025 (GLOBE NEWSWIRE) -- According to a new comprehensive report from The Insight Partners, the global asset management system market is observing significant growth owing to technology innovations and cost efficiency and ROI. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the asset management systems are applicable in a vast array of applications that are expected to register strength during the coming years. To explore the valuable insights in the Asset Management System Market report, you can easily download a sample PDF of the report - https://www.theinsightpartners.com/sample/TIPTE100000930/ Overview of Report Findings Market Growth: The asset management system market is expected to reach US$ 28.80 billion by 2031 from US$ 18.01 billion in 2024, at a CAGR of 6.9% during the forecast period. The asset management systems market is experiencing strong growth, driven by increasing demand for digital transformation, regulatory compliance, and real-time asset tracking. Cloud-based solutions, IoT integration, and AI-driven analytics are key trends. Enterprises across industries -- especially finance, manufacturing, and IT -- are adopting these systems to optimize asset utilization, reduce costs, and enhance operational efficiency in a competitive landscape.Technology innovations: Asset management is always evolving to meet the demands of a dynamic global environment as a result of industries navigating through shifting landscapes. The integration of IoT is one of the most important developments in asset management and is a crucial advancement in the field. This trend involves incorporating IoT into asset management procedures in a smooth manner. Because they provide real-time data on asset performance, connected devices are essential. Because of its crucial role in predictive maintenance, artificial intelligence (AI) is completely changing asset management. AI examines past data, looks for trends, and predicts probable equipment breakdowns by utilizing machine learning algorithms. By drastically reducing unscheduled downtime, this proactive approach improves operational efficiency.Cloud-based asset management systems: Cloud-based asset management solutions, which provide flexibility, accessibility, and scalability, track and manage assets using internet-based software. With advantages including cost-effectiveness, centralization, and improved security, they offer a consolidated platform for managing, storing, and analyzing digital assets. In June 2024, Trimble announced a new asset lifecycle management software suite called Trimble Unity. This suite enables owners of capital projects and public infrastructure to efficiently plan, design, build, operate and maintain their assets using centralized data and connected digital workflows. Trimble Unity brings together cloud-first solutions for capital project and infrastructure management, providing owners with unprecedented data visibility and process control.Geographical Insights: In 2024, North America led the market with a substantial revenue share, followed by Asia Pacific and Europe. Asia Pacific is expected to register the highest CAGR during the forecast period. For Detailed Asset Management System Market Insights, Visit: https://www.theinsightpartners.com/reports/asset-management-system-market Market Segmentation Based on the type, the market is segmented into financial asset management, enterprise asset management, infrastructure asset management, public asset management, IT asset management, fixed asset management and digital asset management.Based on solutions, the market is segmented into RFID, RTLS, barcode, GPS, and others.Based on the industry, the market is segmented healthcare, retail, transportation and logistics, oil and gas, mining, and others.The Asset Management System market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America. Stay Updated on The Latest Asset Management System Market Trends: https://www.theinsightpartners.com/sample/TIPTE100000930/ Competitive Strategy and Development Key Players: A few major companies operating in the Asset Management System market include Stanley Black & Decker, Inc., Trimble Inc., Datalogic S.P.A., Topcon Corporation, Impinj, Inc., Zebra Technologies Corporation, Ubisense Group Plc, Sato Holdings Corporation, Honeywell International Inc., TomTom International BV.Trending Topics: Artificial Intelligence and Machine Learning, Internet of Things (IoT), Augmented Reality (AR), Blockchain Technology, and others. Global Headlines on Asset Management System TrackX Partners with Impinj on Enterprise Asset ManagementUbisense announced the general availability of its new dual-technology tracking tagTrimble Launches End-To-End Asset Lifecycle Management Software Suite Purchase Premium Copy of Global Asset Management System Market Size and Growth Report (2025-2031) at: https://www.theinsightpartners.com/buy/TIPTE100000930/ Conclusion In conclusion, the asset management system market is poised for sustained growth, fueled by technological advancements and the rising need for efficient asset optimization. As organizations continue to prioritize automation, transparency, and cost-efficiency, the adoption of intelligent asset management solutions will remain a strategic imperative across industries. The report from The Insight Partners, therefore, provides several stakeholders -- including component providers, system technology integrators, system manufacturers and others -- with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. Trending Related Reports: https://www.theinsightpartners.com/reports/3d-digital-asset-market https://www.theinsightpartners.com/en/reports/iot-based-asset-tracking-and-monitoring-market https://www.theinsightpartners.com/reports/data-center-asset-management-market https://www.theinsightpartners.com/reports/enterprise-asset-management-market https://www.theinsightpartners.com/reports/digital-asset-management-market About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us: If you have any queries about this report or if you would like further information, please contact us: Contact Person: Ankit Mathur E-mail: [email protected] Phone: +1-646-491-9876 Home - https://www.theinsightpartners.com/ Market News and Data brought to you by Benzinga APIs
Benzinga
Wed, 30 Apr, 1:42 PM UTC
Netgain launches fixed asset accounting solution to streamline processes in all ERPs
DENVER, Oct. 1, 2024 /PRNewswire/ -- Netgain is excited to announce that its fixed asset management solution, NetAsset, is now available to simplify and streamline accounting processes with any enterprise resource planning (ERP) solution. NetAsset has now been enhanced to work with all ERPs, offering modern accounting teams even greater efficiency through the power of automation and AI. NetAsset provides an advanced cloud-based platform that transforms the management of fixed assets, from acquisition to disposal, while ensuring compliance with both financial and tax regulations. With AI-powered automation, dynamic reporting, and seamless ERP integrations, NetAsset eliminates manual errors, reduces repetitive tasks and ensures a clear audit trail. This makes collaboration easier for both companies and accounting firms. "Accounting for fixed assets is often a tedious and error-prone process, especially when relying on spreadsheets," stated Nathan Smart, CPA, President and Founder of Netgain. "With this expansion of NetAsset, we aimed to take the success of our native app and address those inefficiencies for all companies, regardless of their ERP or accounting system. By providing a solution that automates advanced calculations and generates alternative schedules for tax and book depreciations, Netgain is continuing to deliver on its mission to empower accountants to reclaim time previously spent on manual tasks so they can focus on higher-value initiatives." Key features of NetAsset: AI-powered asset import: Utilize AI to efficiently create new assets, reducing manual entry and minimizing errors.AI-powered chatbot: Get instant support with Netgain's Copilot, whether you need help navigating NetAsset or have questions about fixed asset accounting.Automated advanced calculations: Easily generate CIP reports, apply custom and alternative tax depreciation schedules, and produce detailed, audit-ready reports.Dynamic centralized reporting: Access a comprehensive view of your company's fixed asset portfolio at any time.QuickBooks integration and ERP connectivity: Enhance efficiency with seamless QuickBooks integration or by exporting journal entries to Excel for easy upload into any ERP. "This tool not only streamlines asset management for companies with large, fixed asset portfolios, but also serves as a trusted solution for accounting and advisory firms to manage all their clients' fixed assets efficiently in one platform," said Adam Riches, CPA, CEO and Founder of Netgain. "With NetAsset, firms can simplify book and tax depreciation for their clients' portfolios, improve audit efficiency through centralized documentation and enhance collaboration by consolidating all client data in one accessible system, while providing clients with direct access." See NetAsset in action Netgain is hosting a live demo of the newly enhanced NetAsset product on Tuesday, Oct. 15, 2024, from noon to 1 p.m. EDT. This session will show how accountants and their teams can streamline fixed asset accounting and management across the entire asset lifecycle. Along with a full product demonstration, the demo will address the challenges of managing fixed assets and the risks of relying on spreadsheets. About Netgain Netgain empowers accounting teams to eliminate broken and inefficient operations and reclaim valuable time with modern technology and automation. We help businesses of all shapes and sizes become more confident, agile, and capable of rapidly coming to clear financial decisions fueled by accurate, precise financial insights. For more information about NetAsset by Netgain, visit netgain.tech/fixed-asset-management-software. View original content to download multimedia:https://www.prnewswire.com/news-releases/netgain-launches-fixed-asset-accounting-solution-to-streamline-processes-in-all-erps-302263060.html SOURCE Netgain Solutions Market News and Data brought to you by Benzinga APIs
Benzinga
Tue, 1 Oct, 2:10 PM UTC
Ai-Gruppe.com Launches Powerful Yet Simple Tools for Asset Analysis
FRANKFURT, Germany, March 06, 2025 (GLOBE NEWSWIRE) -- Ai-gruppe.com has introduced a suite of asset analysis tools designed to provide efficiency and accuracy in financial decision-making. The platform offers an intuitive approach to asset evaluation, catering to users seeking comprehensive insights without complexity. The newly launched tools focus on delivering clear and structured data to enhance asset analysis. With a streamlined interface and advanced analytical capabilities, the platform ensures a seamless experience for evaluating market trends, asset performance, and financial projections. These tools serve a wide range of users, from industry professionals to individuals exploring data-driven decision-making in asset management. Designed with accessibility in mind, the platform enables users to conduct in-depth evaluations without requiring extensive technical expertise. The tools integrate various data points to offer real-time insights, allowing for well-informed asset assessments. By simplifying complex financial data, the system facilitates efficient analysis and strategic planning. A key feature of the platform is its ability to process and interpret large volumes of data with speed and precision. This functionality supports users in identifying patterns, trends, and potential risks within various asset classes. Additionally, the platform incorporates automated processes to reduce manual effort, ensuring a more efficient workflow for asset analysis. AI-driven algorithms play a crucial role in enhancing the accuracy and reliability of asset assessments. By leveraging artificial intelligence, the tools provide predictive insights that assist in evaluating future market movements. This technology-driven approach enhances the depth of analysis while maintaining user-friendly functionality. Security and data integrity remain central to the platform's development. The system employs robust security measures to protect user data while maintaining compliance with industry standards. Reliable data sources and encryption protocols contribute to a secure analytical environment for asset evaluation. The introduction of these asset analysis tools aligns with ongoing advancements in financial technology. As the demand for accessible and intelligent financial solutions continues to grow, AI-Gruppe.com remains focused on refining analytical tools that cater to evolving industry needs. Future updates and enhancements will further expand the capabilities of the platform to support more comprehensive asset evaluations. About Ai-gruppe.com Ai-gruppe.com is a company that focuses on structured financial solutions, providing tools that simplify financial analysis. The company ensures that financial tools remain accessible, allowing for structured asset evaluation. Ai-gruppe applies methodologies that prioritize financial clarity, ensuring that financial assessments remain practical and organized. For more information about the asset analysis tools and their functionalities, visit Website. Company Details Company Name: Ai-gruppe Email Address: [email protected] Company Address: Grosse Gallussstrasse 16-18/1st floor, 60312 Frankfurt am Main, Germany. Company Website: https://ai-gruppe.com/ Disclaimer: This content is provided by Ai-gruppe. The statements, views, and opinions expressed in this content are solely those of the sponsor and do not necessarily reflect the views of this media platform. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered as financial, investment, or trading advice. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before investing in or trading cryptocurrency and securities .Please conduct your own research and invest at your own risk. Market News and Data brought to you by Benzinga APIs
Benzinga
Thu, 6 Mar, 10:13 AM UTC
enSights Launches Dedicated Asset Management Suite on its Clean Energy Optimization Ecosystem
Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter Advanced features improve asset performance, business efficiency, and transparency AUSTIN, Texas, May 1, 2025 /PRNewswire/ -- enSights, an AI-powered, cloud-based clean energy management and optimization platform company, is launching a feature-packed asset management suite that provides a comprehensive, real-time view of both operational and financial performance. Providing greater oversight and control of asset and business efficiency, this new suite empowers asset managers with actionable insights, deep analysis, and full control of the entire business cycle - from onsite production through revenue. Key features of the suite include real-time tracking of financial performance based on actual and expected energy production and costs, automatic contract and obligation management, automated report generation for stakeholders, and improved vendor oversight. At the core of the new suite is a dedicated asset management dashboard that displays real-time and dynamic financial information, critical energy performance metrics, CTA reminders, and technical and financial KPIs. Specifically designed by asset managers for asset managers, the customizable dashboard provides a visual breakdown of real-time revenue and expense streams, including automated P&L and cash flow analysis that continuously updates based on real asset performance. While technical KPIs displayed by the dashboard include a live status of alerts, service calls, insurance coverage and durations, and warranty timeframes, to provide asset managers with automated oversight of vendor management and the service level agreement (SLA). Additionally, the dashboard can be leveraged to automatically generate reports for key stakeholders, eliminating manual reporting and data verification. "Asset managers are critical in ensuring that clean energy fleets are performing at their best - both in terms of financial and energy performance. With larger fleets, diverse DERs, rapidly-changing market conditions, and a variety of vendors to manage, this is no easy task," stated Alon Mashkovich, Co-Founder and CEO of enSights. "Up until now, no solution was built specifically for these unique and challenging demands of asset managers. That's why we developed this suite, with direct customer input, to help automate and streamline key asset management responsibilities, while providing greater control and oversight." Key features of the suite include real-time financial asset tracking, automated SLA tracking and enforcement, and quality standards for vendor reporting. The financial asset tracking enables customization of key settings for each project, including income and expenses, that are adjustable per business model. Unlike typical manual SLA oversight, smart reminders and configurable alerts automate SLA monitoring and enforcement to reduce risk and enhance accountability of all vendors. An example of this game changing feature is the configurable alerts for agreed-upon performance standards, such as response times and automatic assignment of technicians per alert type. With this new suite, asset managers can now create quality benchmarking for reporting across all fleets, while also ensuring report customization to meet investor standards. "Even with well-established processes in place, managing a large and growing portfolio came with scale-related challenges. Adopting the enSights asset management suite has allowed us to streamline operations, improve decision-making and gain real-time control, resulting in enhanced asset performance across our portfolio," said Avital Ofek, General Manager IL at Doral Energy, an asset owner and operator with over 500 clean energy assets globally. "This is more than just a tool. It has elevated the way we manage our assets and drive results." Providing asset owners increased visibility and control of O&M technicians, this dedicated suite includes a real-time, dynamic dashboard of all tickets and technicians, plus improved technician oversight. The dashboard displays critical technician statuses, such as location, workload, upcoming service calls by type, availability by customer, and overdue SLAs. In addition, asset managers can assign and customize technician assignments based on experience level and specialization to ensure efficient deployment. Once technicians are onsite, asset managers have instant updates via dynamic forms that meet pre-set reporting standards. The asset management suite is part of enSights' clean energy management and optimization ecosystem that unifies business operations, asset management, and financial performance on one platform. As a 360-degree enterprise solution, the ecosystem leverages AI power for improved insights, cloud-native infrastructure for improved scalability, and extreme interconnectivity to streamline business efficiency. About enSights Founded with the mission of developing the most effective clean energy portfolio management platform, enSights is an innovative SaaS technology company offering an AI-powered, cloud-based optimization platform and battery calculator. Its full-stack platform aggregates, monitors, and manages clean energy assets, empowering renewable energy stakeholders to optimize business, financial, and energy performance. With a global footprint, enSights platform manages over 6,000 C&I and utility-scale clean energy assets across four continents. For more information, visit ensights.ai. SOURCE enSights Market News and Data brought to you by Benzinga APIs
Benzinga
Thu, 1 May, 2:15 PM UTC
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