What’s the real benefit of AI in Asset Management?

Published on January 29, 2025

AI is transforming physical asset management by improving efficiency, cutting costs, and enabling predictive maintenance. The global AI in asset management market, valued at $2.61 billion in 2022, is expected to grow at a 24.5% CAGR through 2030. While AI offers significant operational benefits, its success depends on proper implementation—otherwise, it risks becoming an expensive misstep.

 
About the Author: Jason Apps is an Executive Level Asset Management Consultant, providing support to organisations in pursuit of high-reliability world-class asset management practices. He is the Author of ASMx: Asset Strategy Management - A Leaders Guide to Reliability Transformation in the Digital Age, a regular presenter, workshop facilitator and trainer.
Jason has delivered significant performance improvement, cost reduction, and risk management to global, blue-chip clients, for the last 20+ years. With a proven, unique, pragmatic approach to identifying improvement initiatives, implementing and structuring for enduring success.
Email Jason at Jason[email protected] or visit exar-am.com
 
 
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