How AI Is Dramatically Impacting Cost Savings For Maintenance & Field Operations

How can asset and maintenance-heavy companies evolve their operations while keeping an eye on future implications? Industry experts point to operational software embedded with artificial intelligence as the answer. But it’s important to take a closer look at why AI-enabled field service and work or asset management software are able to achieve significant cost savings over legacy systems and proprietary cloud solutions—and how it’s changing the very structure of the industry.

The Evolution of Field Service

Three things have contributed to the evolution of field service in recent years: the growth of digital transformation, the recognized need for unification of field service and asset management, and the shift in field service’s role from a cost center to a true revenue-generating component of the larger enterprise.