|[July 29, 2014]
New IDC MarketScape Evaluates Worldwide Enterprise Asset Management Software Providers for Power Generation
MILAN --(Business Wire)--
Energy Insights has released a new IDC (News - Alert) MarketScape study that
provides power generation companies managing any type of generation
plant (including fossil, nuclear, water, wind, and solar) with insight
into the current capabilities and future strategies of enterprise asset
management (EAM) vendors and guidance on how to approach planning for a
new EAM implementation. IDC
MarketScape: Worldwide Enterprise Asset Management Software for Power
Generation, 2014 Vendor Assessment (Doc #EIOS05W) evaluates nine
vendors: IBM (News - Alert); IFS; Infor; Mainsaver; Oracle; Ramco Systems; SAP;
Schneider Electric; and Ventyx, an ABB company.
Concerning current market offerings, IDC Energy Insights found the
Vendors are systematically enriching their product features and
functionalities. Many of them have very broad capabilities and future
visions that meet and anticipate the needs of the utility industry.
With their solutions, EAM vendors handle all types of power generation
plants. Few of them, however, are really capable of supporting the
complexities of nuclear power plants.
The majority of solutions incorporate compatible unit (CU)
capabilities. A CU is a template that defines labor, materials,
services, and tool resources required to perform work.
Some vendors have aligned their applications to guidelines and good
practices defined by PAS-55, or with emerging ISO 55000 standards.
Some EAM solutions have embedded a mobility component for field work.
The majority integrate with their own mobile field force management
(MFFM) solution, but integration with third-party MFFM is also
Business analytics and insight are made available via embedded
dashboards, and in many cases via integration with business
Some of the vendors evaluated in this IDC MarketScape need to improve
and modernize their user interface. These companies are addressing the
issue with dedicated investments.
Customer satisfaction with regard to pricing, contractual conditions,
and ongoing support needs to be more carefully managed by some vendors.
Even if power generation companies still seem to prefer on-premises
installations, the cloud option is becoming more available oin the
market. Some players are even exclusively offering cloud as a possible
"Enterprise asset management applications for power generation have
matured, with more attention on assessing asset health, predicting asset
failure, and developing tailored maintenance approaches. In essence, EAM
is becoming a strategic planning tool for asset investments," said Roberta
Bigliani, Associate Vice President and head of Europe, Middle East,
and Africa, IDC Energy Insights. "Power generation companies should look
for solutions that are effective in handling both individual plants and
fleets and that are capable of economically managing any type of power
generation plant. Look for solutions that provide real-time visibility
into plant-floor operations and powerful analytics for predictive
For more information about this study, or to arrange a one-on-one
briefing with IDC Energy Insights' analyst team, please contact
Kanupriya at +44 20 8987 7111 or by email at email@example.com.
Studies are available to qualified members of the media. For information
on purchasing studies, contact firstname.lastname@example.org;
reporters should email email@example.com.
About IDC MarketScape
MarketScape vendor analysis model is designed to provide an overview
of the competitive fitness of ICT (information and communications
technology) suppliers in a given market. The research methodology
utilizes a rigorous scoring methodology based on both qualitative and
quantitative criteria that results in a single graphical illustration of
each vendor's position within a given market. IDC MarketScape provides a
clear framework in which the product and service offerings, capabilities
and strategies, and current and future market success factors of IT and
telecommunications vendors can be meaningfully compared. The framework
also provides technology buyers with a 360-degree assessment of the
strengths and weaknesses of current and prospective vendors.
About IDC Energy Insights
IDC Energy Insights assists energy businesses and IT leaders, as well as
the suppliers that serve them, in making more effective technology
decisions by providing accurate, timely, and insightful fact-based
research and consulting services. Staffed by senior analysts with
decades of industry experience, our global research analyzes and advises
on business and technology issues facing the utility and oil and gas
industries. International Data Corporation (IDC)
is the premier global provider of market intelligence, advisory
services, and events for the information technology market. IDC is a
subsidiary of IDG,
the world's leading technology, media, research, and events company. For
more information, please visit www.idc-ei.com,
email firstname.lastname@example.org, or call
[ InfoTech Spotlight's Homepage ]