Smart Innovators: Asset Integrity And Risk Management Software
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Executive Summary
This report presents a detailed analysis of the asset integrity and risk management market, highlighting 37 providers with comprehensive capabilities tailored to various industries and use cases. It provides buyers with a high-level assessment of these vendors and their offerings, while helping executives understand how their capabilities compare across seven key assessment criteria: asset information management; asset criticality and risk analysis; inspections management; integrity analytics; integrity operating windows; reporting and compliance; and process safety and risk management. The report also explores the key benefits, drivers and innovations shaping the asset integrity and risk management software market.Asset integrity and risk management software is a tenet of asset lifecycle management
Safeguarding asset integrity is critical to long-term operational strategies
Market appetite for asset integrity and risk management software is far from fading
Introducing the asset integrity and risk management software market
Asset integrity and risk management software has diverse origins
Asset integrity and risk management solutions have seven core capabilities
Asset integrity and risk management software improves asset performance, operational safety and regulatory compliance
Dynamic analyses and AI-driven insights are fuelling the next wave of innovation in asset integrity and risk management solutions
Buyers must select vendor solutions offering flexibility across asset types and inspection strategies
Figure 2. Change in spend on industrial transformation initiatives in the next 12 months
Figure 3. Asset integrity and risk management workflow
Figure 4. Asset integrity and risk management software providers: capabilities assessment
About the Authors
Sayanh Alam
Industry Analyst
Sayanh is an Industry Analyst at Verdantix specializing in industrial asset management and operational risk management solutions. She advises software vendors and services fir...
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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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