By moving to the cloud, organizations can focus on improving asset management practices, rather than on implementing and maintaining an IT infrastructure. For example, they might concentrate on finding ways to reduce inventory carrying costs, boost production line effectiveness, or minimize unplanned downtime. At the same time, organizations gain a scalable, reliable,
secure, and accessible solution that enables them to take advantage of modern data analytics and maintain compliance with changing regulations—all for a predictable monthly or annual cost.