Asset Performance Management Adoption Among the Global Top 100
Asset Performance Management Adoption Among the Global Top 100

This report delves into the adoption of Asset Performance Management by the Global Top 100 companies, both privately-held and publicly-traded, as ranked by size, including employee count and revenue metrics, such as those found in the Fortune 1000 and Global 2000 listings. We explore how these leading enterprises are leveraging Asset Performance Management to pursue strategic goals and drive lasting benefits across various business functions.

The adoption of Asset Performance Management within these top companies reveals significant investments in ERP Services and Operations technology, highlighting a broad and diverse approach. These organizations frequently partner with multiple vendors, integrating complementary ERP Services and Operations solutions to achieve their business objectives. This multi-vendor approach allows them to tailor ERP Services and Operations deployments that drive competitive advantages, operational efficiencies, and overall sustainability.

Our latest findings detail the software purchases related to Asset Performance Management among these top 100 enterprises, their technology investments span a range of ERP Services and Operations tools and solutions, underscoring the complexity of ERP Services and Operations adoption at this level.

Asset Performance Management Vendors Among the Global Top 100

Hitachi Vantara currently holds a 16% market share in the Asset Performance Management space, making it the leading provider among the Global Top 100, followed by Bentley Systems, AspenTech, AVEVA Group, and Uptake.

VendorsAsset Performance Management AppsMarket Share
Hitachi VantaraHitachi Ventyx FocalPoint Suite16%
Bentley SystemsAssetWise ALIM, AssetWise Asset Reliability7%
AspenTechAspen Fidelis Reliability, Aspen Mtell, Aspen ProMV6%
AVEVA GroupAveva APM Assessment, AVEVA Historian, AVEVA Predictive Analytics, AVEVA Wonderware6%
UptakeUptake Asset Strategy Library Explorer6%
Baker HughesARMS Reliability OnePM, Bently Nevada System 16%
SAPSAP Asset Strategy and Performance Management, SAP Service and Asset Manager5%
C3.aiC3 AI Reliability5%
Emerson Automation SolutionsEmerson Asset Management, Emerson DeltaV Automation System5%
GE DigitalGE Digital Predix APM4%
Honeywell ForgeHoneywell Forge Asset Performance Management4%
AuguryAugury Machine Health4%
Seeq CorporationSeeq Workbench3%
FracttalFracttal X3%
PTCPTC ThingWorx Asset Advisor3%
Rockwell AutomationRockwell FactoryTalk InnovationSuite3%
AssetWorksAssetWorks Asset Performance Assessment2%
CopperleafCopperleaf Asset Investment Planning & Management2%
DNVDNV Cascade2%
InforInfor CloudSuite EAM Asset Performance2%
Nexus GlobalNexus Global APM Optimizer Suite2%
ABB Enterprise Software GroupABB Ability Ellipse APM2%
CogniteCognite InField2%
Grand Total100%

The insights derived from our research will empower marketers, product managers, and IT professionals to better understand the adoption trends shaping the future of Asset Performance Management. These trends can potentially lead to significant shifts within the competitive landscape, impacting strategies and market positioning for years to come.

By monitoring these top enterprises and their technology choices, we equip our clients with the knowledge needed to anticipate changes and stay ahead in the rapidly transforming world of enterprise software and ERP Services and Operations
innovation.

Custom data cuts related to the Asset Performance Management Market are available:

  • Top Asset Performance Management Vendors, Market Size and Market Forecast 2023-2027
  • Asset Performance Management Market By Vertical Market (21 Industry)
  • Asset Performance Management Market By Country (USA + 45 countries)
  • Asset Performance Management Market By Region (Americas, EMEA, APAC)
  • Asset Performance Management Market By Customer Size (revenue, employee count, asset)
  • Asset Performance Management Market By Channel (Direct vs Indirect)
  • Asset Performance Management Market By Vendor or Product
    Buyer Intent: Companies Reading this Research Report
    ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively reading this research report. Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively accessing this research report include:
    1. PayPal, a United States based Professional Services organization with 27200 Employees
    2. PayPal, a United States based Professional Services company with 27200 Employees
    3. Sitech Iazi, a Netherlands based Professional Services organization with 15 Employees
    LogoCompanyIndustryEmployeesRevenueCountryEvaluated

Global Top 100 adopting Asset Performance Management

The influence of these top 100 organizations on the broader ERP Services and Operations market is profound, despite their representation of only a small segment of the digital transformations we track annually. These companies often serve as early adopters and trendsetters, shaping the future of ERP Services and Operations and driving innovations that impact the industry at large.

Our Buyer Insight Technographics Database provides a closer look at these major organizations, capturing the size and intricacy of their IT stacks, along with the frequency of their technology investments. This unique database reveals patterns in ERP Services and Operations adoption and highlights emerging trends, which are crucial for understanding the evolving landscape of Asset Performance Management.

Our research team continuously tracks the adoption of various Asset Performance Management, drawing on both publicly available information, such as press releases and case studies, and proprietary data sources. Each quarter, we update our records to reflect new ERP Services and Operations implementations, providing clients with current and relevant insights into market shifts.

Here are the Global Top 100 companies and their adoption of Asset Performance Management

CustomersIndustryEmployeesRevenueCountryVendorAsset Performance Management AppsWhen
United States Department of DefenseGovernment2870235$721.5BUnited StatesC3.aiC3 AI Reliability2019
The US ArmyGovernment453551$65.3BUnited StatesUptakeUptake Asset Strategy Library Explorer2018
PepsiCoConsumer Packaged Goods318000$91.5BUnited StatesAuguryAugury Machine Health2021
China Southern Power Grid Co LtdUtilities289735$75.6BChinaABB Enterprise Software GroupABB Ability Ellipse APM2019
Brookfield CorporationBanking and Financial Services202500$92.8BCanadaHitachi VantaraHitachi Ventyx FocalPoint Suite2008
U.S. Marine CorpsGovernment180958$90.3BUnited StatesUptakeUptake Asset Strategy Library Explorer2019
General ElectricManufacturing172000$76.6BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2007
Intel CorporationManufacturing124800$54.2BUnited StatesGE DigitalGE Digital Predix APM2017
Koch IndustriesOil, Gas and Chemicals120000$125.0BUnited StatesC3.aiC3 AI Reliability2017
SonatrachOil, Gas and Chemicals120000$23.0BAlgeriaBaker HughesBently Nevada System 12015
Abbott LaboratoriesLife Sciences114000$40.1BUnited StatesSeeq CorporationSeeq Workbench2017
CaterpillarManufacturing113200$67.1BUnited StatesRockwell AutomationRockwell FactoryTalk InnovationSuite2018
Gainesville Regional UtilitiesLife Sciences110000$49.9BUnited StatesDNVDNV Cascade2019
ShellOil, Gas and Chemicals103000$316.6BUnited KingdomC3.aiC3 AI Reliability2017
RocheHealthcare100920$67.8BSwitzerlandSAPSAP Asset Strategy and Performance Management2023
SubscribeHealthcare100920$67.8BSwitzerlandSAPSAP Service and Asset Manager2023
SubscribeProfessional Services99000$33.1BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2012
SubscribeManufacturing96646$41.4BChinaBentley SystemsAssetWise ALIM2020
SubscribeUtilities93830$25.1BMexicoHitachi VantaraHitachi Ventyx FocalPoint Suite2011
SubscribeOil, Gas and Chemicals87800$210.1BUnited KingdomGE DigitalGE Digital Predix APM2017
SubscribeOil, Gas and Chemicals87800$210.1BUnited KingdomBentley SystemsAssetWise ALIM2023
SubscribeOil, Gas and Chemicals87800$210.1BUnited KingdomBentley SystemsAssetWise Asset Reliability2023
SubscribeLife Sciences70212$38.5BUnited KingdomEmerson Automation SolutionsEmerson Asset Management2015
SubscribeOil, Gas and Chemicals70000$6.3BLuxembourgSAPSAP Asset Strategy and Performance Management2020
SubscribeLife Sciences70000$60.1BUnited StatesSeeq CorporationSeeq Workbench2018
SubscribeOil, Gas and Chemicals69784$26.8BJapanAspenTechAspen ProMV2017
SubscribeOil, Gas and Chemicals69784$26.8BJapanAspenTechAspen ProMV2017
SubscribeUtilities65212$154.0BItalyGE DigitalGE Digital Predix APM2018
SubscribeUtilities65212$154.0BItalyC3.aiC3 AI Reliability2019
SubscribeOil, Gas and Chemicals65000$26MUnited Arab EmiratesHoneywell ForgeHoneywell Forge Asset Performance Management2019
SubscribeOil, Gas and Chemicals65000$26MUnited Arab EmiratesAVEVA GroupAVEVA Historian2019
SubscribeOil, Gas and Chemicals65000$26MUnited Arab EmiratesAVEVA GroupAVEVA Predictive Analytics2019
SubscribeOil, Gas and Chemicals65000$26MUnited Arab EmiratesAVEVA GroupAVEVA Wonderware2019
SubscribeOil, Gas and Chemicals62000$398.7BUnited StatesBaker HughesBently Nevada System 12017
SubscribeOil, Gas and Chemicals62000$398.7BUnited StatesSeeq CorporationSeeq Workbench2018
SubscribeManufacturing56158$43.7BChinaHoneywell ForgeHoneywell Forge Asset Performance Management2021
SubscribeOil, Gas and Chemicals54000$55.6BUnited KingdomHitachi VantaraHitachi Ventyx FocalPoint Suite2011
SubscribeProfessional Services50000$12.2BIrelandAspenTechAspen Fidelis Reliability2017
SubscribeOil, Gas and Chemicals47669$5.6BMalaysiaAVEVA GroupAVEVA Wonderware2020
SubscribeOil, Gas and Chemicals46730$102.4BBrazilSAPSAP Asset Strategy and Performance Management2024
SubscribeUtilities45892$8.9BSpainFracttalFracttal X2021
SubscribeOil, Gas and Chemicals45600$196.9BUnited StatesGE DigitalGE Digital Predix APM2018
SubscribeConsumer Packaged Goods44000$13.5BUnited StatesAVEVA GroupAVEVA Wonderware2018
SubscribeRetail44000$5.2BChileFracttalFracttal X2019
SubscribeLife Sciences43000$34.1BUnited StatesRockwell AutomationRockwell FactoryTalk InnovationSuite2019
SubscribeUtilities42749$13.8BSouth AfricaHitachi VantaraHitachi Ventyx FocalPoint Suite2007
SubscribeTransportation41659$12.6BUnited KingdomBentley SystemsAssetWise ALIM2020
SubscribeAerospace and Defense41400$20.8BUnited KingdomUptakeUptake Asset Strategy Library Explorer2018
SubscribeOil, Gas and Chemicals35900$44.6BUnited StatesAVEVA GroupAveva APM Assessment2019
SubscribeOil, Gas and Chemicals35900$44.6BUnited StatesAspenTechAspen Fidelis Reliability2017
SubscribeTransportation34200$11.9BSwitzerlandSAPSAP Asset Strategy and Performance Management2020
SubscribeConsumer Packaged Goods33380$19.1BUnited StatesAuguryAugury Machine Health2020
SubscribeOil, Gas and Chemicals33000$4.4BSaudi ArabiaUptakeUptake Asset Strategy Library Explorer2018
SubscribeConsumer Packaged Goods31000$10.7BDenmarkPTCPTC ThingWorx Asset Advisor2019
SubscribeConstruction and Real Estate30181$15.5BUnited StatesBaker HughesBently Nevada System 12014
SubscribeOil, Gas and Chemicals28479$58.2BIndiaBaker HughesBently Nevada System 12012
SubscribeUtilities28000$25.3BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2010
SubscribeUtilities28000$25.3BUnited StatesBentley SystemsAssetWise ALIM2016
SubscribeUtilities27037$29.1BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2017
SubscribeUtilities27037$29.1BUnited StatesCopperleafCopperleaf Asset Investment Planning & Management2008
SubscribeUtilities26010$21.7BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2012
SubscribeManufacturing24000$12.1BUnited StatesEmerson Automation SolutionsEmerson Asset Management2018
SubscribeManufacturing24000$12.1BUnited StatesAuguryAugury Machine Health2022
SubscribeOil, Gas and Chemicals23449$106.8BNorwaySAPSAP Asset Strategy and Performance Management2024
SubscribeManufacturing23184$9.2BFranceAVEVA GroupAVEVA Historian2020
SubscribeOil, Gas and Chemicals22892$12.8BUnited KingdomEmerson Automation SolutionsEmerson Asset Management2017
SubscribeTransportation22500$14.9BUnited StatesAspenTechAspen Mtell2017
SubscribeOil, Gas and Chemicals22400$17.2BAustriaCogniteCognite InField2018
SubscribeManufacturing21803$18.1BUnited StatesUptakeUptake Asset Strategy Library Explorer2018
SubscribeOil, Gas and Chemicals20000$3.9BUnited StatesBaker HughesBently Nevada System 12016
SubscribeOil, Gas and Chemicals20000$3.9BUnited StatesEmerson Automation SolutionsEmerson Asset Management2016
SubscribeOil, Gas and Chemicals20000$3.9BUnited StatesAspenTechAspen Fidelis Reliability2017
SubscribeUtilities19962$21.7BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2013
SubscribeTransportation19500$4.0BUnited StatesInforInfor CloudSuite EAM Asset Performance2020
SubscribeConsumer Packaged Goods18650$11.2BUnited StatesAuguryAugury Machine Health2020
SubscribeEducation18500$2.8BUnited StatesAssetWorksAssetWorks Asset Performance Assessment2018
SubscribeManufacturing18000$16.3BUnited StatesBentley SystemsAssetWise Asset Reliability2014
SubscribeLife Sciences18000$6.3BSwitzerlandEmerson Automation SolutionsEmerson Asset Management2017
SubscribeOil, Gas and Chemicals17780$7.5BChileHoneywell ForgeHoneywell Forge Asset Performance Management2019
SubscribeOil, Gas and Chemicals17780$7.5BChileUptakeUptake Asset Strategy Library Explorer2019
SubscribeManufacturing17365$3.5BJapanC3.aiC3 AI Reliability2018
SubscribeManufacturing17365$3.5BJapanCogniteCognite InField2018
SubscribeConsumer Packaged Goods17354$73MChileFracttalFracttal X2021
SubscribeUtilities17250$19.0BUnited StatesCopperleafCopperleaf Asset Investment Planning & Management2021
SubscribeUtilities17200$17.2BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2003
SubscribeUtilities17026$12.0BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2010
SubscribeUtilities17026$12.0BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2010
SubscribeUtilities17026$12.0BUnited StatesCopperleafCopperleaf Asset Investment Planning & Management2016
SubscribeOil, Gas and Chemicals16558$46.6BCanadaBentley SystemsAssetWise ALIM2018
SubscribeOil, Gas and Chemicals16558$46.6BCanadaUptakeUptake Asset Strategy Library Explorer2018
SubscribeManufacturing16000$3.6BUnited StatesPTCPTC ThingWorx Asset Advisor2020
SubscribeEducation15114$2.1BUnited StatesAssetWorksAssetWorks Asset Performance Assessment2017
SubscribeLife Sciences15000$5.0BUnited StatesRockwell AutomationRockwell FactoryTalk InnovationSuite2019
SubscribeManufacturing15000$4.4BFinlandBentley SystemsAssetWise Asset Reliability2017
SubscribeTransportation14767$2.6BUnited StatesAssetWorksAssetWorks Asset Performance Assessment2017
SubscribeTransportation14048$3.0BBrazilHoneywell ForgeHoneywell Forge Asset Performance Management2021
SubscribeOil, Gas and Chemicals14000$53.7BUnited StatesBaker HughesARMS Reliability OnePM2018
SubscribeManufacturing14000$9.2BUnited StatesEmerson Automation SolutionsEmerson DeltaV Automation System2012
SubscribeOil, Gas and Chemicals13500$41.0BIndonesiaHoneywell ForgeHoneywell Forge Asset Performance Management2020
SubscribeUtilities12788$9.1BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2014
SubscribeAutomotive12656$3.4BItalyPTCPTC ThingWorx Asset Advisor2020
SubscribeManufacturing12483$8.9BUnited StatesBentley SystemsAssetWise Asset Reliability2019
SubscribeManufacturing12483$8.9BUnited StatesSeeq CorporationSeeq Workbench2019
SubscribeUtilities12335$12.5BUnited StatesABB Enterprise Software GroupABB Ability Ellipse APM2017
SubscribeUtilities12335$12.5BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2010
SubscribeUtilities12335$12.5BUnited StatesDNVDNV Cascade2016
SubscribeDistribution12000$6.1BAustraliaAVEVA GroupAVEVA Wonderware2020
SubscribeUtilities12000$13.8BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2008
SubscribeConsumer Packaged Goods12000$8.0BIsraelAuguryAugury Machine Health2020
SubscribeUtilities11982$15.3BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2002
SubscribeBanking and Financial Services11000$2.1BChileFracttalFracttal X2019
SubscribeGovernment11000$1.3BUnited Arab EmiratesGE DigitalGE Digital Predix APM2019
SubscribeOil, Gas and Chemicals10984$6.4BKuwaitBaker HughesBently Nevada System 12018
SubscribeEducation10475$3.3BAustraliaPTCPTC ThingWorx Asset Advisor2020
SubscribeUtilities10102$19.2BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2012
SubscribeManufacturing10000$1.0BUnited StatesNexus GlobalNexus Global APM Optimizer Suite2015
SubscribeOIl, Gas and Chemicals10000$7.0BChinaAspenTechAspen Mtell2017
SubscribeOIl, Gas and Chemicals10000$7.0BChinaAspenTechAspen ProMV2017
SubscribeAutomotive10000$2.8BUnited StatesRockwell AutomationRockwell FactoryTalk InnovationSuite2017
SubscribeManufacturing10000$4.6BUnited StatesNexus GlobalNexus Global APM Optimizer Suite2015
SubscribeUtilities10000$12.3BUnited StatesHitachi VantaraHitachi Ventyx FocalPoint Suite2011
SubscribeUtilities10000$12.3BUnited StatesC3.aiC3 AI Reliability2017
SubscribeConsumer Packaged Goods10000$2.5BUnited StatesInforInfor CloudSuite EAM Asset Performance2013
SubscribeUtilities11520$2.0BCroatiaHitachi VantaraHitachi Ventyx FocalPoint Suite2016

Source: APPS RUN THE WORLD, October 2024

Research Methodology

Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market. We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than ten million software purchases and records on the enterprise software landscape of over 2 million organizations around the world.

The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.