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INOVX Solutions: Asset Management for Oil and Gas

Top 10 Asset Management Solution Companies - 2018

In today’s market, with utility enterprises at a standoff with ageing infrastructures and its stringent regulatory benchmarks, and with the rising demand for consumption of services, companies need to employ distinct strategies now more than ever. With growing pressure from investors, they are looking for ways to be more economical with capital and O&M expenditures. Asset management provides critical information on capital assets and timing of investments to help firms make efficient informed decisions.

Technology has enabled companies to take asset management to a completely new level. Utilities providers can choose from a varied range of technologies to empower their asset management strategies that include AMI technology, data analytics, sensor technology for outage detection and prediction, advanced load and storage management, and DER visualization and management.

Major trends influencing utility asset management strategies revolve around budget allocation, regulatory changes, customer preference, and grid complexity. Utility asset management strategies have evolved proportionally with technologies that enable actionable data-driven decisions that are based on the actual condition of distribution assets. As the adoption of these enabling technologies grows, new strategies will emerge, redefining the asset management discipline and providing new avenues for utilities to derive the greatest value from their asset investments.

To uphold a delicate balance, it has become critical for enterprises to choose proper technology and select best vendors that are at the forefront of efficiently tackling the impediments across the asset management realm. In the last few months, based on these technological advances, a distinguished panel comprising of CEOs, CIOs and analysts, along with Utilities Tech Outlook’s editorial board reviewed and shortlisted the top companies that are at the forefront of delivering turnkey asset management solutions. We present to you Utilities Tech Outlook’s “Top 10 Asset Management Solution Providers - 2018,” featuring the companies that add value to the asset management domain.

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    Top 10 Asset Management Solution Companies

  • Atonix Digital

    Atonix Digital

    Provides a cloud-based analytics platform and asset management solutions that provide real-time awareness and planning confidence

    atonix.com

  • Edgewaveserve

    Edgewaveserve

    Offers cloud-based EAM solutions and services combined with support for clients

    www.edgewaveserve.com

  • INOVX Solutions

    INOVX Solutions

    Provides a platform and solutions for 3D Asset Integrity Management to companies in the process industries worldwide

    www.inovx.com

  • On Now Digital

    On Now Digital

    Provides tablet and cloud-based applications to manage assets, streamline, and analyze complex field & equipment data

    www.onnowdigital.com

  • Osmose

    Osmose

    Delivers inspection, life-extension, and rehabilitation services for poles and towers to electric and telecom service providers across America

    www.osmose.com

  • RedZone

    RedZone

    Provides cutting edge robots and analytical solutions for municipalities and government to improve wastewater asset management

    redzone.com

  • ABB [ABBN: SIX Swiss Ex]

    ABB [ABBN: SIX Swiss Ex]

    The company is a leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally

  • Accela

    Accela

    Enables utlities providers to track, manage and maintain their assets

  • CGI [NYSE: GIB]

    CGI [NYSE: GIB]

    With experience in both regulated and unregulated markets, CGI offers services and solutions across the utilities industry, including the electricity, downstream natural gas, and water and waste sectors

  • Cityworks

    Cityworks

    The company delivers a ost-effective GIS-centric Asset Management Solution (AMS)

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