Press releases

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London, June 25, 2020. Four vendors – AspenTech, AVEVA, Bentley Systems and GE Digital – lead the market for asset performance management (APM) software. Independent research firm Verdantix compared 11 APM vendors on 116 criteria and assessed their level of success across 18 asset classes. In addition to the four leaders, the study includes ABB Power Grids, BISTel, DNV GL, IBM, Oracle, SAP and Uptake. The analysis is informed by interviews with 284 managers in engineering, maintenance and operations roles.

London – May 27, 2020. The global market for operational risk management (ORM) software will grow from $1.4 billion in 2019 to $2.2 billion in 2024 according to a new study from independent research firm Verdantix. The forecasted annual growth rate of 8.9% will be driven by growing customer demands. Vendors positioned to benefit from this growth include ORM vendors such as Cority, DevonWay, DNV GL, Enablon, Intelex, Prometheus Group, Sphera and TenForce and Yokogawa RAP.

London – May 12, 2020. The global market for space and workplace management software will grow from $833 million in 2020 to surpass $1.3 billion in 2024 according to a new study from independent research firm Verdantix. The forecasted annual growth rate of 12% will be driven by space rationalization programmes, the need to monitor occupancy and support social distancing in offices, the use of visitor management to support contact tracing, and country-level GDP forecasts shaping spend at the country level. Vendors positioned to benefit from this growth include firms offering space and workplace management software, including Accruent, Archibus, FM:Systems, iOFFICE, Mapiq, Planon, Schneider Electric, SpaceIQ, Spacewell, Tango and Trimble. 

London – 23 April, 2020. The global market for Industrial Hygiene and Occupational Health (IH/OH) software will grow from $253 million in 2020 to $403 million in 2020 according to a new study from independent research firm Verdantix. The forecasted annual growth rate of 10% will be driven by emerging regional adoption of EHS software and increased customer demand for IH/OH software to better manage worker health and exposure. Vendors positioned to benefit from this growth include IH/OH software firms such as Cority, DNV GL, Enablon, Enterprise Health, Gensuite, Intelex, ProcessMap, UL and Velocity EHS.

London – April 21, 2020. Building on three years of rapid growth and organizational expansion, independent research and advisory firm Verdantix announced the promotion of Susan Clarke to Research Director for Smart Buildings, Malavika Tohani to Research Director for Operational Excellence and Rodolphe d’Arjuzon to Chief Research Officer and acting Research Director for Environment, Health and Safety. The firm has also announced the promotion of Stuart Neumann to Vice President, Advisory.

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