58% of respondents either have, or are planning to have, a strategy leveraging the Internet of Things (IoT) for asset management and 55% reported the importance of asset management has increased over the past 12 months. Some 80 percent held IT-OT integration for asset management as valuable. A global survey of over 200 executives at electricity, gas and water utilities increasingly believe that IT-OT integration is a key component of any effective asset management strategy.
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