Strategic Focus: APM Software Applications For The Oil And Gas Industry

Access this research

Access all Asset Performance Management 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

In this report, we look at the significance of APM software for the oil and gas industry and the presence of APM software suppliers in terms of the number of customers they have across the four different segments of the oil and gas value chain. Oil and gas accounted for the highest share of spend on APM solutions in 2020. This research finds that the downstream segment is the strong point of most vendors; GE Digital and Honeywell have a particularly large number of customers here. AVEVA, Bentley Systems and GE Digital have a large number of offshore customers, while DNV has a strong presence in midstream. 
 
APM Software Applications Are Crucial For The Oil And Gas Industry  
Three Factors Drive Buyers In The Oil And Gas Industry To Focus On APM Software Applications 
Only A Selection Of Software Suppliers Have A Robust Customer Base Across The Oil And Gas Value Chain
Buyers In The Oil And Gas Industry Should Select APM Software Applications With An Industry Track Record
Figure 1. APM Software Vendor Presence Within The Oil And Gas Industry
Figure 2. Capabilities Of APM Software Applications For The Oil And Gas Industry 

About the Authors

Joe Osborne

Joe Osborne

Analyst

Joe is an Analyst in the Verdantix Operational Excellence practice. His research agenda focuses on covering industrial risk management technologies and the use of Digital Twin...

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

Blog
Asset Performance Management Software
Ignoring Asset Management? The Cost Is ...

Asset management is no longer a maintenance function; it’s a growth strategy. Digital transformation, net zero commitments and AI-driven analytics have made APM and EAM boardroom p...

28 November, 2025

Blog
Asset Performance Management Software
Baker Hughes And Antea: A Strategic Ste...

Baker Hughes has taken a bold step to strengthen its position in the asset integrity software market. By integrating Antea’s mechanical integrity technology into its Cordant Asset ...

25 November, 2025

Blog
Asset Maintenance Software
PTC Doubles Down On Its Core Solutions ...

PLM software specialist PTC has agreed to sell its Kepware industrial connectivity and ThingWorx Internet of Things (IoT) businesses to global alternative asset management firm TPG...

14 November, 2025

Blog
AEC
Connecting The Built And Natural Worlds...

At the 2025 Year in Infrastructure (YII) conference in Amsterdam, Bentley Systems (Bentley) showcased how its ongoing investments in digital engineering and infrastructure lifecycl...

10 November, 2025

Webinar
AEC
Digital Twins: The Next Generation & Ho...

Organizations are under growing pressure to boost asset performance and project outcomes through tighter data integration and smarter building controls. Digital twins are shifting ...

Upcoming / 09 December, 2025

Webinar
AEC
What Your Asset Integrity Strategy Shou...

Asset integrity is key to an effective asset strategy, and new technology is transforming the space. After 30 years of reliance on manual inspections, developments in AI and comput...

25 November, 2025