Asset Management Software – What is it & why do businesses need it?
Businesses are unique and so are their assets! In the business world “What’s not an asset?” Right from the IT Department and Construction to Education & Sales, every business is well-equipped with valuable items that need to be protected and taken care of to stay upright in the digital world. There exist different types of assets in an organization, some are fixed, some are IT, and some are Financial, while some are consumable items that need to be taken care of! Are you a company struggling with knowing the location and operational status of the company’s assets? Look no further as Asset Management Software is here! The "Asset Management Software Industry Data Book, 2023 – 2030” says that, “The global asset management software industry size stood at USD 56.76 billion in 2022 and will depict a healthy CAGR of 11.1% during the forecast period 2023
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