Published 4 Jul 2023
Free version: Available for teams of up to 10
Pricing: Premium plan $24/month (with a free 30-day trial period)
Platforms supported: Available on mobile app (iOS and Android) or a web-based software
Why use SafetyCulture?
SafetyCulture offers businesses the most efficient way to manage assets for optimal use. With their numerous asset-related templates, comprehensive analytics solutions, and straightforward communications systems, companies can make the most of their assets, minimize risk and cost, and generate gains. They are consistently rated the top asset performance management (APM) software.
Why use Aveva?
The Aveva (formerly Avantis) APM system addresses common organizational challenges using powerful tools like AI and cloud computing. With its comprehensive suite of modules, the company can accurately analyze its operations, detect and reduce errors, and increase overall productivity.
Free version: None
Pricing: Quote-based plan (45-day free trial available)
Platforms supported: Web, Desktop (needs installation), Android, iOS
Why use IBM Maximo?
IBM Maximo, first created over three decades ago and then purchased by tech giant IBM, is also a top asset performance management software because of its impressive use of analytics, AI, and IoT for workflow improvement and asset optimization.
Pricing: Quote-based plan (30-day trial provided upon request)
Platforms supported: Web, Desktop, Android, iOS
Why use Honeywell Forge?
Honeywell Forge has always been committed to best practices, evident in their comprehensive suite of asset-related digital tools that involve real-time analytics to drive quick problem-solving. Their APM software has four modules: Health, Predict, Optimize, and Excellence, all aimed at overall operational optimization.
Pricing: Quote-based subscription
Platforms supported: Web
Why use Bently Nevada?
Bently Nevada, part of the Baker Hughes conglomerate, has been a leading provider of AMP solutions for the past 60 years in various industries. With hardware and software capabilities enriched by strategic services and data analytics, they can help organizations manage their asset performance with little risk and cost.
Why use Intertek?
With a century-long experience as a quality assurance provider, Intertek is now offering APM software to support its partners’ goals in asset performance optimization and higher profitability. Although their system may be beneficial in a wide array of industries, this is most suited for those in the oil, gas, and petrochemical sector.
Pricing: Available upon request
Why use Cascade by DNV?
A trusted advisor in the maritime sector, DNV has extended their service to other industries by providing digital solutions like Cascade to manage risk and improve the asset performance of organizations in oil and gas, renewables, health care, and so many more.
Pricing: Not available
Platforms supported: Android, iOS
Asset performance management software is a digital tool that provides a comprehensive view of an organization’s assets. It’s a tool that helps managers make better decisions in utilizing, maintaining, and improving these physical and intangible resources to ensure positive performance and profitable returns.
Managing asset performance has always been integral to any organizational process to make the most of operational resources. While traditional APM strategies are still effective, these are not enough in today’s fast-paced IT environment. Incorporating new techs like data optimization, AI, and IoT is the only way to go.
When planning to integrate or upgrade to a better asset performance management software in your processes, the following features are what you should look for:
To help you see which of the listed systems may work best for your operations, here’s the asset performance management software comparison at a glance.
Eunice Arcilla Caburao
Eunice is a content contributor for SafetyCulture. A registered nurse, theater stage manager, Ultimate Frisbee athlete, and mother, Eunice has written a multitude of topics for over a decade now.