Accruent has signed an expanded partnership with Singapore-based ABP Solutions, which will, under a new agreement, distribute, implement and support all of its software products in Singapore, Malaysia, Indonesia, Brunei, India and China.
The new agreement includes cloud and on-premises implementations of maintenance connection - cloud-based CMMS/CAFM - and Meridian - engineering document management - software products.
“We are pleased to be aligned with a market leader such as Accruent,” said Andrew Yip, managing director at ABP Solutions. “Their robust product portfolio and breadth of vertical market presence will help maximise our opportunities and give us confidence that together we can solve customer problems for a broad range of clients."
It is worth noting that while 94 per cent of organisations consider maintenance, repair and operations (MRO) critical to their success according to a 2018 Peerless Research Group survey, only 45 per cent have implemented such software to manage maintenance, representing an untapped opportunity.
The use of CMMS software can help companies reduce asset failures, shorten asset downtime, optimise maintenance workflows, and lower the cost of maintenance and repair across the organisation, and that number is expected to continue growing.
“Expanding our relationship with ABP is a win for us,” said Hans de Groot, senior vice president of channels and partnerships at Accruent. “Global growth is a strategic focus for Accruent, and we see APAC as a huge opportunity.
“There are many organisations across the region that can benefit from Accruent's facilities and physical asset management software.
"ABP Solutions' local presence and expertise will help deliver that technology and expertise to an important, and rapidly growing region."
Furthermore, an increasing number of organisations are turning to engineering document management systems (EDMS) to manage technical information. EDMS, such as Accruent's Meridian, establish an always-available, secure, repository for engineering documentation.
Use of an EDMS can help organisations ensure regulatory compliance, avoid injuries, reduce maintenance expenses, and streamline handoffs between construction, project, and operating teams. Use of EDMS is growing rapidly globally, especially in Asia.
The combination of maintenance management and asset information software will provide even more long-term opportunities for asset-intensive organisations.
Connecting often disparate engineering and maintenance teams to ensure the accuracy of asset information helps close work orders more efficiently, improves safety, and reduces operational expenses.