Green Quadrant: Asset Investment Planning Software 2023
17 Aug, 2023
Access this research
Access all Asset Maintenance Software & Services 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 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.
QAD, TasNetworks, ECMWF (European Centre for Medium-Range Weather Forecasts), Anglian Water, Severn Trent, US National Oceanic and Atmospheric Administration (NOAA), Eptura, IFS Ultimo, Oakland County Michigan, District of Columbia, Town of Walkerville, ABB, Energex, Hydro-Québec, Microsoft, Iowa Department of Transportation, Con Edison, PowerPlan, Cognite, International Organization for Standardization (ISO), Tennessee Valley Authority, Cadent Gas, Charleston Water System, 1898 & Co. (part of Burns & McDonnell), Cityworks, Town of Newmarket, IBI Group, Vancouver Fraser Port Authority, Oracle, Georgia Department of Transportation, Hexagon, Waka Kotahi NZ Transport Agency, IFS, Arizona Public Service, CentralSquare EAM, District and City of North Vancouver, BPD Zenith, TRL Software, Hitachi Energy, Institute of Nuclear Power Operations (INPO), Pragma, American Water Works Association, Ovarro, Confirm, Cosmo Tech, National Grid USA, Endevor, Hertfordshire County Council (UK), Banner Health, City of Montreal, OpenAI, Entergy, Florida Highways, SAP, Network Rail, Caltrans, ARCADIS Gen, Brightly Software, Dŵr Cymru Welsh Water, Prometheus Group, Ofwat, Nexans, Deighton, Probit Consulting, ICS Consulting, EA Technology, Gurobi, Infrastructure Solutions (ISI), AspenTech, National Grid Electricity Distribution, Affinity Water, LinkedIn, Wood Group, AVEVA, Copperleaf, Infrastructure Data Solutions (IDS), IBM, World Bank, GE Digital, RTE, Tableau, City of Calgary, Thames Water, Siemens, Electricity North West, United Utilities, AECOM, Southern Water, DIREXYON, Cartegraph, Ofgem, Endeavour Energy, Tetra Tech, US Environmental Protection Agency (EPA), Assetic, Australian Energy Regulator (AER), Woodhouse Partnership, Evergy, City of Cape Town, Groupe E, Scottish and Southern Electricity Networks
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…
View Profile
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…
View Profile