Best Practices: Asset Maintenance Strategies For Energy Transition

07 Feb, 2024

Access this research

Access all Industrial Transformation Leaders 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 industrial operations managers, and executives across asset-intensive industries, with an overview of best practices for asset maintenance strategies in emerging industries such as renewables, carbon capture and green hydrogen. To gather best practice insights, Verdantix conducted in-depth interviews with asset maintenance solution and service providers and surveyed 304 managers in operations, maintenance and engineering roles. Verdantix research finds that the energy transition initiative is driving firms to invest in emerging industries, but that little consideration has so far been given to best practices for asset maintenance. Experience from industry experts shows that to optimize the performance, longevity and sustainability of assets in emerging industries, practitioners should take the learnings realized from traditional asset maintenance processes, and capitalize on developments in new asset management technology. 
What is the current state of the asset maintenance market?
Energy transition agendas are driving the growth of emerging industries
Process expertise and capital restrictions across emerging industries challenge traditional asset maintenance practices
Effective strategies for maintaining assets in emerging industries are still in their initial phases
Learn from and evaluate existing asset maintenance processes
Digitize asset maintenance processes
Firms in emerging industries have access to a variety of asset maintenance solutions to boost reliability and uptime

About the Authors

Kiran Darmasseelane

Kiran Darmasseelane

Senior Manager

Kiran is a Senior Manager at Verdantix, delivering data-driven insights on emerging technologies and global market trends for asset-intensive sectors such as energy, manufactu...

Malavika Tohani

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 Profile

Other related content

Webinar
Manufacturing Operations Management
Industrial Transformation Leaders
Industrial Design Engineering Software
Asset Performance Management Software
Asset Maintenance Software
Engineering Design Simulation Software:...

Engineering, procurement and construction (EPC) firms and industrial asset owners are under growing pressure to deliver increasingly complex projects on time and on budget. Yet man...

Upcoming / 29 July, 2026

Webinar
Manufacturing Operations Management
Industrial Transformation Leaders
Industrial Design Engineering Software
Asset Performance Management Software
Asset Maintenance Software
The Spare Parts Playbook: Stockouts, Ex...

Uptime depends on having the right part available at the right time. But spare parts strategy hasn't kept pace with the pressure on maintenance and reliability teams to do more wi...

Upcoming / 05 August, 2026

Blog
Industrial Transformation Leaders
The EU AI Act’s High-Risk Deadline Is C...

On August 2, 2026, the next phase of the EU AI Act comes into effect, bringing new obligations for organizations deploying high-risk AI systems. While much of the discussion around...

17 July, 2026

Webinar
Manufacturing Operations Management
Industrial Transformation Leaders
Industrial Analytics & Data Management
Industrial Design Engineering Software
The Always-On Operation: Five Technolog...

Uptime, throughput and quality have always been the measures of operational success. But achieving them is getting harder. Supply chain disruption, energy volatility and ageing as...

25 June, 2026

Webinar
Industrial Transformation Leaders
Manufacturing Operations Management
Asset Maintenance Software
Asset Performance Management Software
AI Platforms & Applications
Digital Transformation Leaders
APM In The Age Of AI: What The 2026 Ven...

Industrial organisations are under pressure to improve reliability, reduce downtime and get more value from existing assets while maintain cost, safety and sustainability requireme...

17 June, 2026

Blog
Industrial Transformation Leaders
Three Takeaways From IFS Connect UK: AI...

Held at Silverstone Circuit, IFS Connect UK covered a wide range of topics. Leaning into its setting, three themes stood out most across the discussions held during the event: “Spe...

12 June, 2026