The document discusses enterprise asset management (EAM) 2.0 and the need for remote monitoring of assets with real-time accuracy due to the increasing number and geographic diversity of installations. It states that analyzing continuously collected asset data can build predictive algorithms to improve performance, efficiency, and uptime by anticipating issues. EAM 2.0 combines predictive analytics, which identifies potential issues, with suggestive analytics, which proposes solutions, to transform EAM. Benefits include increased performance, improved risk management, and lower maintenance costs. The document also maps EAM and asset management terminology to common IT terms.