Itus Digital Differentiates With An Innovative Approach To APM, Underpinned By Easy-To-Implement Digital Asset Twins

Executive Summary

This report forms one in a series covering software providers for asset performance management (APM) software applications. Founded in 2019 and headquartered in Virginia, USA, Itus Digital offers customers in high-risk sectors, such as oil and gas, manufacturing, life sciences, mining and power a digital twin-based, low-cost APM solution to optimize asset performance and maintenance. Its flagship APM solution leverages Itus Digital’s extensive Asset Twin Library to rapidly create equipment-level twins that map failure modes with corrective actions to assess risk, model protections, monitor health and act on threats. Industrial firms that should consider shortlisting Itus Digital’s APM solution encompass mid-market firms and firms embarking on their digital APM journey and looking for a cost effective, scalable and less complex APM software application. Original equipment manufacturers looking for novel ways to expand their revenue streams as well as technology consultants enhancing their ability to digitally transform their clients’ asset maintenance processes should also work with Itus Digital.