Green Quadrant: Industrial Asset Management Technology Implementation Services 2024
Hugo Fuller
Access this research
Access all Asset Maintenance Software content with a strategic subscription or buy this single report
Need help or have a question about this report? Contact us for assistance
Executive Summary
This report provides a detailed fact-based comparison of the most prominent industrial asset management (IAM) technology implementation service vendors in the market. Based on the proprietary Verdantix Green Quadrant methodology, the analysis comprised two-hour live briefings, desktop research and vendor responses to a 117-point questionnaire covering 18 capability and nine market momentum categories. Verdantix also conducted interviews with 11 implementation customers and reviewed the data from our global survey of 304 operational excellence decision-makers. Verdantix research finds that the IAM tech services market is growing rapidly, with industrial organizations pushing digitization initiatives to boost productivity and reach decarbonization goals. Among the firms analysed in this study, four providers – Wood, Cohesive, Stork and Arcadis – demonstrated leading asset management tech implementation capabilities.The industrial asset management (IAM) tech implementation market is booming
Industrial firms leverage service providers’ expertise with digital tools and change management
IAM tech implementation service providers have varied heritages
IAM tech implementation services are invariably part of broader consulting engagements
Strategic services ensure smooth implementation of the appropriate technologies
Ancillary technologies unlock greater efficiencies when implemented in tandem with asset management systems
Post-implementation support helps maintain implementations, to ensure continued value
Green Quadrant for IAM technology implementation services
Green Quadrant methodology
Evaluated firms and selection criteria
Plotting a Green Quadrant
Accenture overview
Analyst insight: Accenture leverages its global presence to deliver strong technical implementation support
Arcadis overview
Analyst insight: Arcadis offers AIP and EAM software implementation expertise to firms in rail, water and road
Capgemini overview
Analyst insight: Capgemini delivers strong technical implementation services through its IT heritage
Cohesive overview
Analyst insight: Cohesive offers market-leading EAM and asset reliability software implementation services
MaxGrip overview
Analyst insight: MaxGrip proves its deployment know-how in EAM and APM implementations for manufacturing firms
Pinnacle overview
Analyst insight: Pinnacle draws on its integrity and reliability heritage in APM implementation services for oil and gas firms
Sapphire overview
Analyst insight: Sapphire leverages its ERP heritage to enhance its HxGN EAM implementation offering
Stork overview
Analyst insight: Stork excels in asset reliability tech services, underpinned by strong data management capabilities
Wood overview
Analyst insight: Wood stands out for its market-leading asset management technology implementation services for energy firms
WSP overview
Analyst insight: WSP draws on engineering knowledge to deliver broad asset management tech implementation services
Figure 2. Service providers’ industry penetration
Figure 3. IAM technology implementation service provider landscape
Figure 4. IAM technology implementation service lines
Figure 5. Capabilities criteria for IAM technology implementation services
Figure 6. Momentum criteria for IAM technology implementation services
Figure 7. Service provider scores (capabilities)
Figure 8. Service provider scores (momentum)
Figure 9. Green Quadrant for IAM technology implementation services 2024
About the Authors
Hugo Fuller
Senior Analyst
Hugo is a Senior Analyst in the Verdantix Industrial Transformation practice. His current research agenda explores the technologies within the industrial asset management soft...
Malavika Tohani
Research Director
Malavika is a Research Director at Verdantix, guiding research that explores how digital technologies and services are reshaping industrial operations to become safer, more ef...
View ProfileOther related content
On June 26, 2025, IFS announced the acquisition of TheLoops, an autonomous AI agent platform provider, to accelerate the deployment and enhance the capabilities of AI agents in the...
22 September, 2025
Property and facilities leaders are being asked to do more with less — extend asset life, deliver reliable service, and keep tenants satisfied. At the same time, innovations like A...
14 October, 2025
On July 9, MaintainX announced a $150 million Series D funding round, spread among at least 10 investors. Founded in San Francisco in 2018, the EAM and CMMS software provider is be...
14 July, 2025
On March 20, 2025, a fire at National Grid’s North Hyde substation plunged Heathrow Airport into darkness, grounding more than 270,000 passenger journeys and costing airlines up to...
11 July, 2025
The global market for industrial computerized maintenance management systems (CMMS) continues to expand, as firms across asset-intensive industries seek to enhance uptime, increase...
02 July, 2025
Struggling to move beyond reactive maintenance and achieve real performance gains? You're not alone. Asset-intensive firms are under pressure to reduce downtime, cut costs, and mee...
31 July, 2025