New IDC MarketScape Evaluates Worldwide Enterprise Asset Management Software Providers for Power Generation
28 Jul 2014
- 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 supported.
- Business analytics and insight are made available via embedded dashboards, and in many cases via integration with business intelligence solutions.
- 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 on the market. Some players are even exclusively offering cloud as a possible delivery model.
RAMCO SYSTEMS LIMITED, INFOR, INC., SAP AG, ABB Ltd, ORACLE CORPORATION, Industrial and Financial Systems, IFS Aktiebolag, SCHNEIDER ELECTRIC SA, Mainsaver. Inc., INTERNATIONAL BUSINESS MACHINES CORPORATION
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