15-05-2012
ABB strengthens global lead in enterprise asset management software market
ABB, the leading power and automation technology group, has advanced its position as a world-leading supplier of enterprise asset management (EAM) software, according to newly released findings from ARC Advisory Group, a leading research and advisory firm. The results are part of ARC’s annual market and technology analysis, titled “Enterprise Asset Management and Field Service Management Worldwide Outlook.”
According to the report, ABB is now the second-largest supplier of EAM software worldwide. Regionally, ABB remains the leading EAM supplier in Asia and Latin America, and was ranked second in North America.
The company was also ranked the leading global EAM supplier to the mining and minerals, electric power generation, and electric transmission and distribution sectors. It was ranked second in aerospace and defense, and refining.
Ralph Rio, ARC’s author of the study comments, “Through its acquisition of market leaders Mincom and Ventyx, ABB has become one of the world’s foremost EAM suppliers. Our newest research findings show ABB has catapulted itself into the number-two position amongst all EAM vendors worldwide.”
“ABB offers an unmatched portfolio of enterprise asset management solutions that uniquely supports the requirements of asset-intensive industries,” said Jens Birgersson, head of the Network Management business, a part of ABB’s Power Systems division. “By maximizing the performance of mission-critical assets, ABB’s market-leading solutions enable customers to further improve productivity and overall business performance.”
EAM solutions facilitate the management of an organization’s physical assets over their entire lifecycle, from design and production, through commissioning, operations and maintenance, to decommissioning and recycling. Managing these aspects on a company-wide basis reduces downtime, optimizes investment and maintenance costs and extends the operational life of installations, thereby enhancing operational performance and minimizing total cost of ownership.
ARC Advisory Group is a recognized thought leader for industrial and supply chain needs, offering market research, advisory services and consulting.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
MOL inaugurates its polyol complex in Tiszaújváros
MOL's EUR 1.3 billion polyol complex in Tiszaújváros, boasting a capacity of around 200,000 tonnes of polyol per year, has been inaugurated. The ceremony, addressed ...
15-05-2024
-
NEXTCHEM completes the acquisition of GasConTec
Further to the announcement made on 4 March 2024, MAIRE announces that NEXTCHEM has finalized the acquisition of 100% of GasConTec GmbH, an innovative company specialized ...
15-05-2024
-
KBR awarded digital solutions contract by OCI
KBR announced today it has been awarded a contract by OCI Global to design and deploy its proprietary operator training simulator for OCI's 3,000 metric tonnes ...
13-05-2024
-
Worley awarded Bayou Bend CCS carbon capture and storage facility contract
We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend ...
13-05-2024
-
Black & Veatch delivers feasibility study for Andes Energy LNG Terminal
Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification ...
09-05-2024
-
Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC
Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company ...
08-05-2024
-
Integrated Global Services recognized for role in mega turnaround
Integrated Global Services has been recognized as a major contributor to the successful Ras Tanura Refinery 2024 Mega Turnaround and Inspection for Saudi Arabian Energy ...
08-05-2024
-
Ebara Elliott Energy to provide compressor for SAF project in Thailand
Ebara Elliott Energy, formerly Elliott Group, announces it has been contracted to provide a motor-driven recycle compressor with a variable frequency drive (VFD) for ...
07-05-2024
-
ETH Zurich select hte to provide high throughput test system designed for CO2 electroreduction
hte – the high throughput experimentation company was awarded a contract by the technical university ETH Zurich to provide a high throughput test system designed for ...
07-05-2024