Computerized Maintenance Management System (CMMS) Market Is Growing With the Increasing Adoption of CMMS


The computerized maintenance management system (CMMS) is designed to maintain all the information related to maintenance operations. CMMS is software that centralizes maintenance information and facilitates the processes of maintenance operations. The system helps optimize the use and the availability of physical devices, such as plant infrastructures, communications, machinery, vehicles, and other assets. CMMS includes enterprise asset management (EAM software), computer-aided facility management (CAFM software), and facilities management software. The evolution of CMMS started in the 1960s, when the math-based systems were designed to help document, standardize, and verify manufacturing processes.

One of CMMS’s advantages is that it tracks an organization’s maintenance operations and activities. Thus, there is an increasing demand for computerized maintenance management system. For example, in September 2018, Accruent launched the Computerized Maintenance Management System (CMMS) to offer integrated ordering with GE Healthcare’s Service Shop portal. This portal enables healthcare technology management (HTM) professionals to search, access, and order parts, accessories, and supplies for many of GE Healthcare’s devices. The aforementioned factors are expected to augment the growth of the computerized maintenance management system (CMMS) market.

End-users can use CMMS to schedule maintenance and work orders, as well as locate parts, tools, and supplies within a facility. Choosing the best computerized maintenance management system is an important business decision, and comparing advantages and disadvantages of web-based and on-premises maintenance management systems is a key step in the selection process. CMMS is a set of applications designed to run on a central computer, which can be configured and modified online or offline according to the needs of the organization. Moreover, CMMS is a suite of software that maintains a large-scale database about the operational maintenance activities of an organization.

Due to the aforementioned factors, there is an increasing demand for maintenance management system in various organizations. According to Coherent Market Insights, in 2018, about 72% of enterprises or organizations had at least one application on the cloud or a portion of their computing infrastructure on the cloud. This in turn is also expected to accelerate the growth of the computerized maintenance management system (CMMS) market. The cloud-based system provides flexibility and agility to the user and helps eliminate the need for software/hardware investment. However, data security is one of the major concerns, which is expected to hinder the adoption of the cloud-based CMMS system. This in turn is restraining the growth of the computerized maintenance management system (CMMS) market.

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