IPS named as representative vendor in the latest Gartner Report

Gartner Market Guide for Asset Performance Management

After being acknowledged as the highest performing Niche Player in Gartner® Magic Quadrant for EAM Software in 2019, we are now recognized as a Representative Vendor in Gartner® Market Guide for Asset Performance Management Software Report.

Get your copy of the Gartner® Market Guide for APM Software Report!

According to Gartner, asset-centric industries are facing increasing operational challenges, changing business dynamics, and impacts from global events such as the COVID-19 pandemic, the Russian invasion, recession, climate change, and the energy crisis, driving the need for technology investment to support resilience. As organizations progress their asset management practices, they look to asset performance management (APM) to inform intelligent operations with optimization of asset maintenance and associated costs.

 

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    WHY IPS®APM?

    IPS®SYSTEMS offers a combination of software and services for efficient maintenance and control of assets and equipment in the power utility industry. Using effective APM tools will improve asset reliability and help utilities identify and address potential equipment failures before they occur, reducing the likelihood of unplanned outages and equipment downtime.

     

    Asset Performance Management (APM) - 24-hours-03-50x50

    Improve Asset Availability

    Asset Performance Management (APM) - Extend asset lifetime

    Reduce Costs

    Asset Performance Management (APM) - Reduce costs

    Extend Asset Lifetime

    IPS®APM enables utilities to optimize the performance of their assets, resulting in greater energy efficiency and cost savings. It improves decision-making by providing real-time data and analytics about their assets so they can make more informed decisions about maintenance, repair and replacement. Efficient APM management can also help utilities meet regulatory requirements by providing accurate, up-to-date information about the condition and performance of their assets.

    IPS®APM goes hand in hand with IPS®EAM and IPS®AIP solutions to better understand your data. IPS tools used for Asset Performance Management rely on the asset hierarchies from EAM. IPS®APM solution provides continuous insights to optimize asset performance and reliability.

    In general, IPS®SYSTEMS are distinguished by modular design. Individual Module Groups can be added and removed based on the customer needs – starting with basics and implementing complete functionality step by step.

    Gartner Asset Investment Planning Market Guide

    Optimization of capital and investment planning is taking up more important places in energy and utility companies. IPS is listed as a representative vendor in Gartner Market Guide for Asset Investment Planning. Read more about the importance of AIP for asset-centric companies.

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    Whether you are starting a new project, just researching or you have any questions about any of our solutions, we are here for you. Get in touch with us, and our solution experts will contact you!