REPORT

Gartner recognizes DNV GL in Market Guide for Asset Performance Management Software

Asset Performance Management for electric utilities

APM is becoming a standard way for asset-intensive industries to improve business operations by maximizing reliability, availability and safety. But not all APM software vendors can deliver comprehensive, cross-industry solutions.

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DNV GL is one of the representative vendors mentioned in the Gartner report. The report evaluates vendors in four functional APM categories: asset risk management, reliability-centered maintenance, predictive asset management and condition-based management. See Figure 5, ‘Capabilities of Representative APM Vendors’, below. We believe our asset-centric software solutions for the energy and oil and gas industries put us in a strong position in these markets.

APM - Capabilities of representative APM vendors - 616x442   
This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from DNV GL.

Read the report to learn why, according to Gartner:

  • Asset performance management (APM) is becoming a core competency to improve overall business operations in asset-intensive industries.
  • Organizations realize the need for a combination of asset maintenance strategies to support a variety of asset types and situations across the business through a toolbox approach.
  • Evaluate potential vendor products by creating a portfolio that creates a complete repertoire of capabilities your organization will need.
Gartner, Market Guide for Asset Performance Management Software, 26 June 2019, Nicole Foust, Kristian Steenstrup.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.