target audience: TECH SUPPLIER Publication date: Dec 2023 - Document type: Market Perspective - Doc Document number: # US51448923
Sustainability Goals and ALM Applications Are a Good Fit, But Barriers Exist
Content
List of Figures
Get More
When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.
Related Links
Abstract
This IDC Market Perspective analyzes the state of sustainability and ESG goals within the enterprise with an emphasis on asset life-cycle management (ALM) or enterprise asset management (EAM) applications. It includes profiles of the sustainability strategies of some large ALM applications vendors, namely, Hexagon, IBM, IFS, and Oracle.
"ALM applications both increase the efficiency and extend the life of assets, which matches up well with environmental, social, and governance (ESG) and sustainability goals of reducing power consumption, emissions, and industrial waste," says Brian O'Rourke, research manager, Enterprise Asset Management and Smart Facilities at IDC.