Green Quadrant: Asset Investment Planning Software 2023
17 Aug, 2023
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Executive Summary
This report provides a detailed fact-based comparison of the most prominent asset investment planning (AIP) software vendors in the market today. Based on the proprietary Verdantix Green Quadrant methodology, our analysis encompassed one-hour live product demonstrations with pre-set scenarios, and considered vendor responses to a 70-point questionnaire covering five technical, five functional and eight market momentum categories. We also conducted interviews with 15 corporate users of AIP software and reviewed the data from our global survey of 301 operational excellence decision-makers. Spend on AIP software is set to grow, with providers looking to differentiate by offering end-to-end asset lifecycle capabilities, enhancing ESG capabilities, leveraging machine learning (ML) analytics, developing lightweight applications, upgrading usability and improving connectivity with other asset management solutions. Among the software vendors featured in the Leaders’ Quadrant, four firms – Arcadis Gen, Brightly Software, Copperleaf and DIREXYON – demonstrated the most advanced all-round AIP software capabilities.
1898 & Co. (part of Burns & McDonnell), ABB, AECOM, Affinity Water, American Water Works Association, Anglian Water, ARCADIS Gen, Arizona Public Service, AspenTech, Assetic, Australian Energy Regulator (AER), AVEVA, Banner Health, BPD Zenith, Brightly Software, Cadent Gas, Caltrans, Cartegraph, CentralSquare EAM, Charleston Water System, City of Calgary, City of Cape Town, City of Montreal, Cityworks, Cognite, Con Edison, Confirm, Copperleaf, Cosmo Tech, Deighton, DIREXYON, District and City of North Vancouver, District of Columbia, Dŵr Cymru Welsh Water, EA Technology, ECMWF (European Centre for Medium-Range Weather Forecasts), Electricity North West, Endeavour Energy, Endevor, Energex, Entergy, Eptura, Evergy, Florida Highways, GE Digital, Georgia Department of Transportation, Groupe E, Gurobi, Hertfordshire County Council (UK), Hexagon, Hitachi Energy, Hydro-Québec, IBI Group, IBM, ICS Consulting, IFS, IFS Ultimo, Infrastructure Data Solutions (IDS), Infrastructure Solutions (ISI), Institute of Nuclear Power Operations (INPO), International Organization for Standardization (ISO), Iowa Department of Transportation, LinkedIn, Microsoft, National Grid Electricity Distribution, National Grid USA, Network Rail, Nexans, Oakland County Michigan, Ofgem, Ofwat, OpenAI, Oracle, Ovarro, PowerPlan, Pragma, Probit Consulting, Prometheus Group, QAD, RTE, SAP, Scottish and Southern Electricity Networks, Severn Trent, Siemens, Southern Water, Tableau, TasNetworks, Tennessee Valley Authority, Tetra Tech, Thames Water, Town of Newmarket, Town of Walkerville, TRL Software, United Utilities, US Environmental Protection Agency (EPA), US National Oceanic and Atmospheric Administration (NOAA), Vancouver Fraser Port Authority, Waka Kotahi NZ Transport Agency, Wood Group, Woodhouse Partnership, World Bank
About the Authors
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...
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Kiran Darmasseelane
Principal Analyst
Kiran is a Principal Analyst at Verdantix, delivering data-driven insights on emerging technologies and global market trends for asset-intensive sectors such as energy, manufa...
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