360Quadrants Releases Quadrant of Best CMMS Software Vendors
Computerized Maintenance Management System (CMMS) Software is a computer-based software that manages and simplifies maintenance. This software helps organizations plan, track, measure, and optimizeall maintenance-related tasks on a single platform, enabling workers to become more productive and efficient and management teams to make managerial decisions in less time. Leading CMMS software can easily be integrated with existing organizational processes. Theincreasing adoption of CMMS software can be attributed to the rising demand for cloud-based CMMS systems and deep insights into preventive maintenance.
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CMMS Software Quadrant Highlights
30+ companies offering Top CMMS Software were analyzed out of the best 13 companies were placed and categorized on a quadrant under Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Leaders.
UpKeep, Hippo CMMS, Asset Essentials, and eMaint CMMS have been identified as Visionary Leaders, as they have established product portfolios and a robust market presence and business strategy.
Maintenance Connection and Fiix have been identified as Innovators, as they have focused product portfolios and innovative business strategies, with which they are able to set new trends in the market.
MicroMain CMMS, AssetNet, and ServiceChannel have been identified as Emerging Companies, as they have niche product offeringsand decent business strategies which help them in having consistent growth.
MVP Plant, Limble CMMS, MaintainX,and ePAC have been recognized as Dynamic Differentiators, as they have innovative portfolios of solutions and services.
The 360Quadrants platform provides the most granular comparison between Best CMMS Software vendors.
360Quadrants conducts an in-depth SWOT analysis and accurately analyzes the companies considered for evaluation. This helps service providers learn about new opportunities and areas where they lag behind their peers. It also helps clients choose the most appropriate vendor for their requirements.
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360Quadrants Scoring Methodology
The top companies in the CMMS Softwaremarket will be rated using the following methodology:
- A highly experienced team of researchers and senior analysts conducts extensive research to generate a list of vendors (competitors).
- A patent-pending algorithm is used to collect inputs from key stakeholders—industry experts, buyers, vendors, and 360Quadrants analysts—based on criteria for Product Maturity and Company Maturity.
a). Criteria under Product Maturity include breadth and depth of product/service offering, product features and functionalities, product differentiation, and their impact on customer value.
b). Criteria under Company Maturity include geographical footprint, partner ecosystem, financial stability, and client coverage or sector footprint.
- Approximately 20+ in-depth parameters will be considered for research into the CMMS Software market. These parameters will be updated every six months to ensure the latest developments are taken into consideration.
- A weight is assigned to each stakeholder based on information gathered pertaining to the above criteria as well as inputs from stakeholders. These inputs follow the order of priority given below:
b. Industry Experts
c. 360Quadrants Analysts
d. Vendors (Competitors)
- The inputs are analyzed, and a final rating is assigned to each vendor (competitor).
- After the finalization of ratings, each vendor is placed in the most relevant quadrant based on its score.
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