Page 13 - EngineerIT June July 2025

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Enhancing collaboration A strategic shift for lasting impact
Top 10 trends at a glance
across procurement and OEM These trends underscore a critical
partnerships shift: asset management’s future
Based on our research, we believe
Historically fragmented, maintenance the following trends will come under isn’t merely digital, it's strategically
and procurement teams now require the spotlight in 2025 and beyond: disciplined and integrated. By
seamless collaboration. Forward- mastering these emerging practices,
looking organisations recognise engineers and asset managers can
this, employing joint criticality unlock greater reliability, profitability,
frameworks and AI-powered data and sustainability, fundamentally
cleansing to harmonise spare parts reshaping their roles as stewards of
management and procurement essential infrastructure.
forecasting. Innovative practices
such as additive manufacturing Discover these transformative
further enable just-in-time insights in full by downloading the
availability, minimising downtime comprehensive Pragma’s 2025 Trends
and cutting inventory costs. in Asset Management Report today.
Additionally, Original Equipment
References
Manufacturers (OEMs) are shifting
1. Gartner Market Guide for Enterprise Asset
dramatically towards service-driven
Management, by Kristian Steenstrup and
models, offering "Maintenance as a
Nicole Faust, February 14, 2023. Available
Service" and "Output as a Service," at: https://hexagon.com/company/
thereby transforming their roles from newsroom/press-releases/2023/
hexagon-listed-as-representative-
suppliers to strategic partners.
vendor-in-gartner-market-guide
These models feature innovative
pricing, shared risk, and
performance-based contracts,
reshaping the landscape of asset
ownership and management.

Strengthening human capital
and sustainability initiatives
The challenges of retiring expertise
and high staff turnover pose a threat
to critical institutional knowledge.
Organisations are actively
addressing this by developing
structured learning paths, leveraging
mobile-first training solutions, and
promoting internal mentorship
programs. Furthermore, embedding
coaching and mentorship into daily
operations ensures sustained skill
development, turning theoretical
knowledge into practical expertise.
In parallel, the Environmental, Social,
and Governance (ESG) sustainability
agenda is becoming an integral
part of maintenance strategy.
Engineers now lead initiatives
such as emissions monitoring,
resource-efficient technologies,
and the implementation of circular
economy principles, playing a
pivotal role in achieving global
sustainability objectives.

13 | EngineerIT June/ July 2025
13 | EngineerIT June/July 2025