Frost & Sullivan is launching an exciting new study on the state of the Mobile Resource Management (MRM) Solutions Market. Through a multi-client customer research opportunity, Frost & Sullivan will examine MRM solutions in vertical areas such as transportation & logistics, telecom/cable, utilities, hi-tech, healthcare, manufacturing and others.
If you are interested in participating in the MRM Solutions Multi-Client Customer Research Opportunity, then send an e-mail to Mireya Castilla - Corporate Communications at mireya.castilla[.]frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. Upon receipt, we will then forward this information to our research team who will contact you at the above information.
Today’s Next Generation MRM solutions encompass far more than just fleet tracking and asset management tools. A new breed of MRM solutions is now integrating multiple technologies—including global positioning systems (GPS), wireless carrier systems and Internet communications into mobile applications that strengthen the ability to manage a mobile workforce. These offerings, combined with either in-vehicle or hand-held hardware help measure and better manage overall mobile workforce performance, reduce operating costs and maximize the ability to deliver high-quality customer service in the field.
Although application adoption will vary by industry, the broad categories expect to fall under the MRM "umbrella," which includes field force management, field service automation and enterprise asset management. Total market revenues also expect to grow exponentially from $723 million in 2005 to approximately $1.5 billion in 2008.
“The winners in the MRM space will enable field service businesses to optimize their operational expenditure through highly efficient and agile field service resources that offer more than simply basic tracking & dispatch software,” says Frost & Sullivan Industry Research Manager Brent Iadarola.
Businesses are facing tremendous pressure to utilize MRM as a means of gaining a competitive advantage as early adopters increasingly demonstrate tangible ROI with deployments. The key tenet of the MRM value proposition is to reduce execution risk in field operations by leveraging location and real time access to mission-critical applications to improve management visibility into field activities, increase field force productivity and reduce operating costs.
Frost & Sullivan’s MRM Solutions Multi-Client Customer Research Opportunity complements the Mobile & Wireless Subscription, which focuses on the deployment of Next Generation network technologies and the search of applications that can take advantage of increased data speeds and bandwidth to provide compelling services to users. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews are available to the press.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.
Mobile Resource Management (MRM) Solutions