# Best Asset Performance Management Software - Page 2 *By [Nathan Calabrese](https://research.g2.com/insights/author/nathan-calabrese)* Asset performance management (APM) encompasses software tools designed to optimize essential operational assets, such as plants, equipment, and infrastructure, which are critical to a business’ success. Asset performance management helps companies track the performance of their fixed assets to optimize their use. Companies use asset performance management solutions to extend the life of their fixed assets and to reduce the costs of maintenance. Asset performance management is mainly used by maintenance managers, but can also be used by finance professionals to monitor fixed asset costs. Additionally, APM tools help businesses comply with regulatory requirements for asset inspection and maintenance. APM solutions use data capture, integration, visualization, and analytics to refine operations and schedule maintenance more effectively. By analyzing data, APM systems help determine the most impactful maintenance and inspection activities, improving the reliability of mission-critical assets. Asset performance management software can be delivered as part of an [enterprise asset management (EAM) software](https://www.g2.com/categories/enterprise-asset-management-eam) package, or as a separate solution. Some [business intelligence software](https://www.g2.com/categories/business-intelligence) providers also offer solutions customized for asset performance. To qualify for inclusion in the Asset Performance Management category, a product must: - Consolidate fixed assets data from multiple sources - Provide standard KPIs to track asset performance - Identify trends and potential risks that may impact assets - Deliver suggestions on how to improve asset utilization - Track the financial performance of fixed assets ## How Many Asset Performance Management Software Products Does G2 Track? **Total Products under this Category:** 103 ## How Does G2 Rank Asset Performance Management Software Products? **Why You Can Trust G2's Software Rankings:** - 30 Analysts and Data Experts - 6,100+ Authentic Reviews - 103+ Products - Unbiased Rankings G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category. ## Which Asset Performance Management Software Is Best for Your Use Case? - **Leader:** [MaintainX](https://www.g2.com/products/maintainx/reviews) - **Highest Performer:** [Tenna](https://www.g2.com/products/tenna/reviews) - **Easiest to Use:** [MaintainX](https://www.g2.com/products/maintainx/reviews) - **Top Trending:** [MaintainX](https://www.g2.com/products/maintainx/reviews) - **Best Free Software:** [IBM Maximo Application Suite](https://www.g2.com/products/ibm-maximo-application-suite/reviews) --- **Sponsored** ### Fiix CMMS Fiix CMMS by Rockwell Automation is a premier, cloud-based maintenance management platform designed to help organizations plan, track, and optimize maintenance work. It combines asset, work order, scheduling, and parts management tools all in one place, providing a consumer-grade experience on both desktop and mobile. The Fiix CMMS mobile app empowers maintenance technicians to access work orders, view asset information, and update parts records in real time from anywhere— even offline. Advanced features like AI-powered analytics dashboards generate insights to help teams understand performance, costs, and KPIs to support better decision-making. And a highly open API integrates the CMMS with business, ERP, and operational systems to keep data synced. Most recently, Fiix has partnered with FactoryTalk Optix to make hardware integrations and condition-based maintenance accessible for the average team. Fiix CMMS also boasts numerous quality-of-life tools for maintenance departments, such as a comprehensive Audit Trail feature that makes standards compliance easier. Founded in 2008 in Toronto, Canada by a team of former maintenance professionals, Fiix CMMS was built from the ground up with a “by maintenance, for maintenance” philosophy. Its founders strongly believed that maintenance teams need their own dedicated digital tools, and spreadsheets or borrowed ERPs won’t cut it. The company’s focus on in-house maintenance expertise continues to this day, with over 400 years of industry experience on staff. A core belief is that partnership is just as important as product. In 2020, Fiix was acquired by Rockwell Automation, the world’s largest company dedicated to industrial automation, bringing over 120 years of tech leadership and new resources to the growing CMMS platform. No matter where you are in your maintenance journey, from beginner to advanced, Fiix CMMS provides tools to facilitate and transform operations. Over 4,200 companies use Fiix CMMS to increase uptime, reduce costs, and plan maintenance based on real data instead of guesswork. Find out more at www.fiixsoftware.com. [Visit website](https://www.g2.com/external_clickthroughs/record?secure%5Bad_program%5D=ppc&secure%5Bad_slot%5D=category_product_list&secure%5Bcategory_id%5D=1734&secure%5Bdisplayable_resource_id%5D=1734&secure%5Bdisplayable_resource_type%5D=Category&secure%5Bmedium%5D=sponsored&secure%5Bplacement_reason%5D=page_category&secure%5Bplacement_resource_ids%5D%5B%5D=1734&secure%5Bprioritized%5D=false&secure%5Bproduct_id%5D=11912&secure%5Bresource_id%5D=1734&secure%5Bresource_type%5D=Category&secure%5Bsource_type%5D=category_page&secure%5Bsource_url%5D=https%3A%2F%2Fwww.g2.com%2Fcategories%2Fasset-performance-management%3Fpage%3D2&secure%5Btoken%5D=e5bb10774df630e5e5b6eb4bfc496c0c0eed05a3b2f956564aac07deb10e42a5&secure%5Burl%5D=https%3A%2F%2Ffiixsoftware.com%2Fcmms%2Fcmms-software%2F%3Futm_source%3Dg2%26utm_medium%3Dcpc%26utm_campaign%3DG2PPC1&secure%5Burl_type%5D=custom_url) --- ## What Are the Top-Rated Asset Performance Management Software Products in 2026? ### 1. [AML Information Management (AMADAS)](https://www.g2.com/products/aml-information-management-amadas/reviews) AML Information Management (AMADAS) provides real-time data from online instruments/systems (process, diagnostic, historical, and maintenance) to remote monitor, maintain, determine and improve the performance of online equipment, like process analyzers. The purpose is to go from problem-solving to preventing errors. AML Information Management (AMADAS) results in a more profitable, safer, and sustainable environment for the organization and its employees. **Average Rating:** 4.3/5.0 **Total Reviews:** 15 **How Do G2 Users Rate AML Information Management (AMADAS)?** - **Forecasting:** 7.2/10 (Category avg: 8.4/10) - **Performance:** 6.7/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 6.7/10 (Category avg: 8.8/10) - **Reliability:** 6.7/10 (Category avg: 8.8/10) **Who Is the Company Behind AML Information Management (AMADAS)?** - **Seller:** [Hint Europe BV](https://www.g2.com/sellers/hint-europe-bv) - **Year Founded:** 1992 - **HQ Location:** Wapenveld, NL - **LinkedIn® Page:** https://www.linkedin.com/company/63287 (40 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Insurance - **Company Size:** 40% Enterprise, 33% Small-Business ### 2. [Oracle Cloud EPM Narrative Reporting](https://www.g2.com/products/oracle-cloud-epm-narrative-reporting/reviews) Oracle Enterprise Performance Reporting Cloud is a secure, collaborative, and process driven service for defining, authoring, reviewing, and publishing financial, management, and regulatory report packages. **Average Rating:** 4.0/5.0 **Total Reviews:** 19 **How Do G2 Users Rate Oracle Cloud EPM Narrative Reporting?** - **Forecasting:** 9.0/10 (Category avg: 8.4/10) - **Performance:** 8.7/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.2/10 (Category avg: 8.8/10) - **Reliability:** 9.0/10 (Category avg: 8.8/10) **Who Is the Company Behind Oracle Cloud EPM Narrative Reporting?** - **Seller:** [Oracle](https://www.g2.com/sellers/oracle) - **Year Founded:** 1977 - **HQ Location:** Austin, TX - **Twitter:** @Oracle (827,981 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/1028/ (199,301 employees on LinkedIn®) - **Ownership:** NYSE:ORCL **Who Uses This Product?** - **Company Size:** 48% Enterprise, 29% Mid-Market #### What Are Oracle Cloud EPM Narrative Reporting's Pros and Cons? **Pros:** - HR Management (1 reviews) - Time Management (1 reviews) **Cons:** - Complexity Issues (1 reviews) ### 3. [Ecotrak](https://www.g2.com/products/ecotrak/reviews) Ecotrak is a top-rated platform designed to simplify facilities, asset and project management for multi-site businesses. Founded in 2018 and headquartered in Irvine, California, we are on a mission to empower people with actionable information to make better business decisions. Our cloud-based platform is increasing efficiency, reducing repair & maintenance spend and helping businesses grow & scale quickly. Learn more at ecotrak.com. **Average Rating:** 4.8/5.0 **Total Reviews:** 13 **How Do G2 Users Rate Ecotrak?** - **Forecasting:** 7.5/10 (Category avg: 8.4/10) - **Performance:** 9.4/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 8.8/10) - **Reliability:** 9.4/10 (Category avg: 8.8/10) **Who Is the Company Behind Ecotrak?** - **Seller:** [Ecotrak](https://www.g2.com/sellers/ecotrak) - **Year Founded:** 2018 - **HQ Location:** Irvine, US - **Twitter:** @EcoTrakFM (165 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/ecotrak-facility-management/ (60 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Restaurants - **Company Size:** 43% Enterprise, 29% Mid-Market #### What Are Ecotrak's Pros and Cons? **Pros:** - Asset Management (1 reviews) - Customer Support (1 reviews) - Ease of Use (1 reviews) - Efficiency (1 reviews) - Productivity (1 reviews) ### 4. [Aladdin SGE](https://www.g2.com/products/aladdin-sge/reviews) Aladdin, based in Dubai (U.A.E), is a cloud-based asset lifecycle management solution powered by Microsoft Azure. Aladdin's Web and Mobile Applications give you real-time visibility of all your fixed assets wherever they may be. It ensures you can identify and address emergency maintenance issues whilst ensuring that planned and preventative maintenance reduces the overall cost of asset maintenance. Aladdin Asset Lifecycle Management software and specialist services draw upon years of experience by skilled professionals from all over the world. We offer a 360 approach to physical asset management to ensure you achieve optimal return on your asset base. **Average Rating:** 4.4/5.0 **Total Reviews:** 7 **How Do G2 Users Rate Aladdin SGE?** - **Forecasting:** 9.4/10 (Category avg: 8.4/10) - **Performance:** 9.2/10 (Category avg: 8.5/10) - **Reliability:** 9.6/10 (Category avg: 8.8/10) **Who Is the Company Behind Aladdin SGE?** - **Seller:** [Aladdin SGE](https://www.g2.com/sellers/aladdin-sge) - **Year Founded:** 2014 - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps **Who Uses This Product?** - **Company Size:** 43% Small-Business, 29% Enterprise ### 5. [eWorkOrders CMMS](https://www.g2.com/products/eworkorders-cmms/reviews) eWorkOrders CMMS is a powerful, affordable, and web-based Computerized Maintenance Management System (CMMS) that helps organizations streamline work orders, preventive maintenance, and asset management. Designed for maintenance teams of all sizes, eWorkOrders makes it simple to track assets, manage inventory, schedule maintenance, and generate detailed reports—all from any device, anywhere. Key features include: • Work Order Management – create, assign, and track tasks efficiently. • Preventive Maintenance (PMs) – plan and automate maintenance schedules. • Asset & Inventory Management – keep assets and spare parts organized. • Employee & Service Management – manage staff, contractors, and service requests. • Documentation & Meter Tracking – record vital maintenance data and readings. • GIS Tracking & Scheduling – optimize operations across multiple locations. • AI Assistant with Automatic Assignments, PM Recommendations, Work Orders Assist, Reporting & Help Assistant. No software installation or hardware purchase required. Upgrades and technical support are included, so you can be up and running in a single day. Discover why eWorkOrders is consistently one of the highest-rated CMMS solutions. Request a live demo today by calling us at 888-333-4617 and learn how it can reduce downtime, improve compliance, and enhance asset reliability **Average Rating:** 4.9/5.0 **Total Reviews:** 31 **How Do G2 Users Rate eWorkOrders CMMS?** - **Forecasting:** 8.8/10 (Category avg: 8.4/10) - **Performance:** 8.8/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 8.8/10) - **Reliability:** 10.0/10 (Category avg: 8.8/10) **Who Is the Company Behind eWorkOrders CMMS?** - **Seller:** [eWorkOrders](https://www.g2.com/sellers/eworkorders) - **Year Founded:** 2017 - **HQ Location:** Whitehouse Station, NJ - **Twitter:** @eworkorders (1,005 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/information-professionals-association/ (89 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 42% Mid-Market, 26% Small-Business #### What Are eWorkOrders CMMS's Pros and Cons? **Pros:** - Ease of Use (30 reviews) - Efficiency (29 reviews) - Setup Ease (28 reviews) - Data Management (25 reviews) - Implementation Ease (25 reviews) **Cons:** - Difficult Setup (2 reviews) - Limited Customization (2 reviews) - Missing Features (2 reviews) - Poor Reporting (2 reviews) - Slow Performance (2 reviews) ### 6. [Accruent Maintain](https://www.g2.com/products/accruent-maintain/reviews) Accruent Maintain is a cloud maintenance management platform designed for multi‑site retail organizations, delivering automate maintenance workflows, and purpose-built work order, asset, inventory and vendors management to maximize asset performance and ensure compliance at scale. Key features and benefits include: • Automated workflow • Improved asset uptime • Compliance & document storage • Real time dashboards (any device) • Enterprise visibility • Robust work order creation • Time & attendance tracking • Planned Maintenance at asset Level • Asset validation (every work order) • Automated invoicing & accruals • Warranty management • Contractor management • Refrigerant management Accruent was founded in 1995 and joined Fortive group, a Fortune 500 company. Today, Accruent provides data-driven, world-class SaaS experience solutions that help organizations maximize the performance of their buildings, technology, workplace and asset investments. **Average Rating:** 3.9/5.0 **Total Reviews:** 5 **How Do G2 Users Rate Accruent Maintain?** - **Forecasting:** 10.0/10 (Category avg: 8.4/10) - **Performance:** 10.0/10 (Category avg: 8.5/10) - **Reliability:** 10.0/10 (Category avg: 8.8/10) **Who Is the Company Behind Accruent Maintain?** - **Seller:** [Accruent](https://www.g2.com/sellers/accruent) - **Year Founded:** 1995 - **HQ Location:** Austin, TX - **Twitter:** @AccruentLLC (1,301 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/accruent (1,048 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 60% Small-Business, 40% Mid-Market ### 7. [APMSmartApps](https://www.g2.com/products/apmsmartapps/reviews) MaxGrip APMSmartApps are SAP integrated solutions for optimizing asset and plant performance. APMSmartApps drastically reduce complexity and give you the insight you need on asset performance optimization. **Average Rating:** 4.5/5.0 **Total Reviews:** 6 **How Do G2 Users Rate APMSmartApps?** - **Forecasting:** 9.4/10 (Category avg: 8.4/10) - **Performance:** 8.9/10 (Category avg: 8.5/10) - **Reliability:** 9.4/10 (Category avg: 8.8/10) **Who Is the Company Behind APMSmartApps?** - **Seller:** [MaxGrip](https://www.g2.com/sellers/maxgrip) - **Year Founded:** 1997 - **HQ Location:** Utrecht, Utrecht, Netherlands - **Twitter:** @MaxGrip_BV (473 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/maxgrip/ (227 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 83% Small-Business, 33% Mid-Market #### What Are APMSmartApps's Pros and Cons? **Pros:** - Data Management (1 reviews) - Real-time Tracking (1 reviews) - Reliability (1 reviews) **Cons:** - Feature Limitations (1 reviews) - Poor Analytics (1 reviews) - Poor Reporting (1 reviews) ### 8. [SAP Enterprise Portfolio and Project Management](https://www.g2.com/products/sap-enterprise-portfolio-and-project-management/reviews) SAP EAM is a software that manage the entire asset lifecycle with real-time visibility into asset performance and powerful analytics, its easier to optimize asset usage, shrink costs, better manage capital expenditures, and ultimately maximize your return on assets (ROA) including fixed property, plant, and equipment **Average Rating:** 3.3/5.0 **Total Reviews:** 16 **How Do G2 Users Rate SAP Enterprise Portfolio and Project Management?** - **Forecasting:** 9.2/10 (Category avg: 8.4/10) - **Performance:** 9.2/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.2/10 (Category avg: 8.8/10) - **Reliability:** 8.3/10 (Category avg: 8.8/10) **Who Is the Company Behind SAP Enterprise Portfolio and Project Management?** - **Seller:** [SAP](https://www.g2.com/sellers/sap) - **Year Founded:** 1972 - **HQ Location:** Walldorf - **Twitter:** @SAP (297,214 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/sap/ (141,341 employees on LinkedIn®) - **Ownership:** NYSE:SAP **Who Uses This Product?** - **Company Size:** 88% Enterprise, 12% Mid-Market ### 9. [SQL Asset Management System](https://www.g2.com/products/sql-asset-management-system/reviews) by using SQL Asset Management & Rental System from Malaysia, Understand the what, who, where, when, why and how of every single company's asset at the click on a button **Average Rating:** 4.5/5.0 **Total Reviews:** 4 **How Do G2 Users Rate SQL Asset Management System?** - **Forecasting:** 10.0/10 (Category avg: 8.4/10) - **Performance:** 6.7/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 6.7/10 (Category avg: 8.8/10) - **Reliability:** 10.0/10 (Category avg: 8.8/10) **Who Is the Company Behind SQL Asset Management System?** - **Seller:** [SQLAsset](https://www.g2.com/sellers/sqlasset) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 50% Enterprise, 25% Mid-Market ### 10. [Xempla](https://www.g2.com/products/xempla/reviews) Xempla is the world’s first decision support system for enterprise asset management, designed to provide any operations and maintenance team with the tools, resources and assistance they need to make better decisions throughout the asset lifecycle. We are building the most reliable and easy-to-use EAM tool on the market, helping O&M teams thrive in an increasingly digital, data-first environment. We have recognised some of the most pressing challenges facing the industry - from a widening skill gap to an ageing workforce and shortage of newcomers into such roles, creating an urgent need to retain and transfer knowledge, coupled with the significant costs of capacity building. And we’ve made sure we’ve covered it all, so asset and facility management companies can focus on delivering positive outcomes for their customers, driving their teams forward, and growing their business. **Average Rating:** 4.4/5.0 **Total Reviews:** 4 **How Do G2 Users Rate Xempla?** - **Forecasting:** 8.9/10 (Category avg: 8.4/10) - **Performance:** 8.9/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 8.8/10) - **Reliability:** 9.4/10 (Category avg: 8.8/10) **Who Is the Company Behind Xempla?** - **Seller:** [xempla](https://www.g2.com/sellers/xempla) - **Year Founded:** 2017 - **HQ Location:** Docklands, AU - **Twitter:** @xemplahq (509 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/13243275 (13 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 100% Enterprise ### 11. [Aladdin](https://www.g2.com/products/aladdin/reviews) Aladdin, is a cloud-based Asset Lifecycle Management Solution, powered by Microsoft Azure. Supported by our in-field local team of Asset and FM experts, Aladdin helps you enforce compliance to best-practices that automate several labor-intensive, time-consuming and error-prone processes through Web and Mobile Apps that connect the office to the field. Aladdin, fuels iNTELLIGENT business decisions to optimize business operations and boost your profits. **Average Rating:** 2.8/5.0 **Total Reviews:** 3 **How Do G2 Users Rate Aladdin?** - **Forecasting:** 10.0/10 (Category avg: 8.4/10) - **Performance:** 9.2/10 (Category avg: 8.5/10) - **Reliability:** 9.2/10 (Category avg: 8.8/10) **Who Is the Company Behind Aladdin?** - **Seller:** [Aladdin SGE](https://www.g2.com/sellers/aladdin-sge) - **Year Founded:** 2014 - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps **Who Uses This Product?** - **Company Size:** 50% Mid-Market, 50% Enterprise ### 12. [Aptean EAM](https://www.g2.com/products/aptean-eam/reviews) Aptean EAM is a powerful Enterprise Asset Management (EAM) and Computerized Maintenance Management System (CMMS) designed for asset-intensive industries. Created by maintenance professionals, this solution helps you optimize asset performance, reduce downtime, and lower maintenance costs with tools for maintenance planning, inventory management, and work scheduling. Our solution is mobile and easy to use for quicker adoption and is easily configurable, eliminating the need for customization. Whether you choose cloud or on-premises deployment, Aptean EAM is easy to implement and scales with your business as it grows. Features like automated work order requests, real-time tracking, and mobile access make it simple to manage maintenance activities, track equipment history, and handle work orders anytime, anywhere – keeping your operations running smoothly. Key features at a glance: -Comprehensive Asset Management: Keep all asset data—costs, usage, and maintenance history—centralized for better control and decision-making. -Work Order and Request Management: Streamline maintenance tasks with self-service work order requests and mobile-friendly tools that enhance efficiency for field operations. -Inventory and Procurement Efficiency: Manage critical parts effectively to avoid shortages, reduce emergency purchases, and keep your operations moving. -Predictive and Preventive Maintenance: Maximize asset uptime by scheduling routine inspections and anticipating equipment failures before they happen. -Flexible Deployment Options: Choose between cloud-based or on-premises deployment to match your operational and regulatory needs. -Real-Time Notifications and Alerts: Receive instant alerts about critical maintenance needs to reduce response times and prevent equipment failures. Why Choose Aptean EAM? Aptean EAM is purpose-built for industries that rely on high-value, asset-intensive operations. By providing the tools to improve maintenance efficiency and asset visibility, this solution ensures you can focus on minimizing downtime and maximizing operational performance. Who Is This For? Aptean EAM is ideal for medium to large enterprises in industries like manufacturing, energy, chemicals, and food and beverage. If your business depends on efficient asset management to stay productive, this solution is built for you. No matter the size or complexity of your operations, Aptean EAM adapts to your needs with scalable features that grow alongside your business. With Aptean EAM, you’ll have the tools to optimize asset performance, streamline maintenance processes, and reduce costs—helping you stay competitive in asset-heavy industries. Want to see the Aptean EAM in action? Schedule your free no-obligation demo today. **Average Rating:** 4.0/5.0 **Total Reviews:** 3 **How Do G2 Users Rate Aptean EAM?** - **Forecasting:** 9.2/10 (Category avg: 8.4/10) - **Performance:** 9.2/10 (Category avg: 8.5/10) - **Reliability:** 7.5/10 (Category avg: 8.8/10) **Who Is the Company Behind Aptean EAM?** - **Seller:** [Aptean](https://www.g2.com/sellers/aptean) - **Year Founded:** 2012 - **HQ Location:** Alpharetta, Georgia - **Twitter:** @Aptean (1,624 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/2681769/ (3,053 employees on LinkedIn®) - **Phone:** +1-770-351-9600 **Who Uses This Product?** - **Company Size:** 100% Small-Business #### What Are Aptean EAM's Pros and Cons? **Pros:** - Work Order Management (2 reviews) - Work Orders (2 reviews) - Asset Management (1 reviews) - Communication (1 reviews) - Downtime Reduction (1 reviews) **Cons:** - Poor Reporting (2 reviews) - Feature Limitations (1 reviews) - Poor Maintenance Management (1 reviews) ### 13. [DataHub](https://www.g2.com/products/upkeep-datahub/reviews) UpKeep DataHub is an integrated and centralized data ecosystem for collecting asset data, standardizing data into common data models, and automating data-driven asset operations. DataHub helps maintenance, operations, and reliability teams increase capacity, reduce downtime, and optimize asset operations. Integrated & Centralized Data Ecosystem for World Class Asset Operations. **Average Rating:** 4.1/5.0 **Total Reviews:** 4 **How Do G2 Users Rate DataHub?** - **Forecasting:** 6.7/10 (Category avg: 8.4/10) - **Performance:** 7.5/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 8.3/10 (Category avg: 8.8/10) - **Reliability:** 6.7/10 (Category avg: 8.8/10) **Who Is the Company Behind DataHub?** - **Seller:** [UpKeep](https://www.g2.com/sellers/upkeep) - **Year Founded:** 2014 - **HQ Location:** Los Angeles, CA - **Twitter:** @OnUpKeep (4,561 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/on-upkeep/ (162 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 50% Mid-Market, 25% Enterprise #### What Are DataHub's Pros and Cons? **Pros:** - Customer Support (1 reviews) - Customization (1 reviews) - Data Management (1 reviews) - Data Visualization (1 reviews) - Ease of Use (1 reviews) **Cons:** - Difficult Learning (2 reviews) - Complex Usability (1 reviews) - Expensive (1 reviews) - Feature Limitations (1 reviews) - Integration Issues (1 reviews) ### 14. [PlantPAx DCS](https://www.g2.com/products/plantpax-dcs/reviews) The PlantPAx® system helps you make better, faster decisions. This system enables you to respond more quickly to the demands of the customer and fast-changing specifications. Rethink what a modern distributed control system (DCS) can do for you. **Average Rating:** 4.5/5.0 **Total Reviews:** 3 **How Do G2 Users Rate PlantPAx DCS?** - **Forecasting:** 10.0/10 (Category avg: 8.4/10) - **Performance:** 10.0/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 8.3/10 (Category avg: 8.8/10) - **Reliability:** 10.0/10 (Category avg: 8.8/10) **Who Is the Company Behind PlantPAx DCS?** - **Seller:** [Rockwell Automation](https://www.g2.com/sellers/rockwell-automation-da78dc32-f4d9-4343-b833-8c78bb1bf839) - **Year Founded:** 1903 - **HQ Location:** Milwaukee, WI - **Twitter:** @ROKAutomation (44,379 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/2498/ (21,893 employees on LinkedIn®) - **Ownership:** NYSE:ROK **Who Uses This Product?** - **Company Size:** 67% Small-Business, 33% Mid-Market ### 15. [Senseye PdM](https://www.g2.com/products/senseye-pdm/reviews) Senseye PdM is the only leading cloud-based Predictive Maintenance solution to achieve true Industry 4.0 best practices trusted by Fortune 500 industrial companies worldwide. You can achieve a typical ROI of less than 3 months. Senseye PdM is your operations tool for reducing unplanned machine downtime and increasing Overall Equipment Effectiveness (OEE). **Average Rating:** 4.3/5.0 **Total Reviews:** 3 **How Do G2 Users Rate Senseye PdM?** - **Forecasting:** 8.9/10 (Category avg: 8.4/10) - **Performance:** 8.9/10 (Category avg: 8.5/10) - **Reliability:** 7.8/10 (Category avg: 8.8/10) **Who Is the Company Behind Senseye PdM?** - **Seller:** [Siemens Digital Industries Software](https://www.g2.com/sellers/siemens-digital-industries-software) - **Year Founded:** 1980 - **HQ Location:** Plano, Texas - **Twitter:** @siemenssoftware (36,960 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/28423178/ (20,658 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 67% Enterprise, 33% Mid-Market ### 16. [XMPro](https://www.g2.com/products/xmpro/reviews) About XMPro iBOS (Intelligent Business Operations Suite) XMPro iBOS is the world’s only AI-powered suite of tools and frameworks specifically designed to empower industrial companies to rapidly compose intelligent business operations and process solutions at scale. Founded in 2009, XMPro has been a pioneer in digital transformation, enabling clients to streamline operations, enhance efficiency, and achieve significant ROI. Our suite accelerates the journey toward becoming smart, connected enterprises. Why Choose XMPro iBOS? In today's fast-paced industrial landscape, companies face significant challenges in optimizing their operations and driving efficiency. Traditional operations management approaches are no longer sufficient. XMPro iBOS offers a comprehensive solution that integrates advanced AI, automation, and digital twins, empowering businesses to achieve rapid digital transformation. Key Features: Intelligence: XMPro's AI capabilities bring intelligence to solution building by leveraging machine learning, natural language processing, and predictive analytics. Automation: From human workflows to fully autonomous operations, XMPro spans the entire spectrum of automation. Digital Twin Scope: The digital twin scope ranges from discrete assets to systems of systems. Flexible Deployment: XMPro iBOS offers flexible deployment options—on-premise, cloud, or hybrid. Data streams can run on the edge for real-time analysis, ensuring seamless integration and optimized performance. Co-Pilot and GenAI Capabilities: XMPro’s Co-Pilot and GenAI capabilities enable users to interrogate real-time data and perform in-depth analysis effortlessly, providing immediate, actionable insights and recommendations. Unified Framework: XMPro allows companies to advance simultaneously across intelligence, automation, and digital twin dimensions, providing a flexible and scalable framework that adapts to evolving needs. This unified solution drives rapid digital transformation, optimizes processes, and fosters a comprehensive understanding of business operations. Real-World Applications: - Condition Monitoring: Monitor equipment health and performance in real-time to predict failures and reduce downtime. - Predictive Maintenance: Use AI and machine learning to forecast maintenance needs and prevent unexpected breakdowns. - Process Optimization: Improve efficiency and productivity by optimizing operational processes. - Energy Management: Enhance energy efficiency and reduce costs by monitoring and managing energy consumption. - Supply Chain Optimization: Streamline supply chain operations for better inventory management and faster delivery times. - Quality Control: Ensure high-quality production by monitoring and analyzing quality metrics in real-time. - Asset Management: Track and manage assets effectively to extend their lifespan and optimize utilization. - Environmental Monitoring: Monitor environmental parameters to ensure compliance and sustainability. - Production Scheduling: Optimize production schedules to maximize throughput and minimize delays. - Golden Batch: Achieve consistent and optimal production batches by analyzing and replicating best-performing batches. - Asset Performance Management (APM): Maximize asset reliability and performance through comprehensive monitoring and analysis. - Overall Equipment Effectiveness (OEE): Enhance equipment efficiency by measuring and improving availability, performance, and quality. - Environmental, Social, and Governance (ESG): Meet ESG goals by monitoring environmental impact, ensuring social responsibility, and maintaining governance standards. Transform Your Operations: Imagine a world where your operations are seamlessly integrated, and all your data flows freely across systems, providing real-time insights and a unified view of your business. With XMPro, this vision becomes a reality, transforming the future of industrial operations with smarter, more efficient processes powered by AI, automation, and digital twins. Get Started Today: Ready to transform your operations? Discover how XMPro iBOS can help you achieve rapid digital transformation, improve operational intelligence, and maintain a competitive edge. Visit our website for more information and schedule a demo today. For more information, visit www.xmpro.com. **Average Rating:** 4.6/5.0 **Total Reviews:** 14 **How Do G2 Users Rate XMPro?** - **Forecasting:** 8.9/10 (Category avg: 8.4/10) - **Performance:** 8.3/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.6/10 (Category avg: 8.8/10) - **Reliability:** 8.3/10 (Category avg: 8.8/10) **Who Is the Company Behind XMPro?** - **Seller:** [XMPro](https://www.g2.com/sellers/xmpro) - **Year Founded:** 2009 - **HQ Location:** Dallas, TX - **Twitter:** @xmpro (375 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/xmpro-inc/ (49 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 50% Small-Business, 36% Mid-Market #### What Are XMPro's Pros and Cons? **Pros:** - Ease of Use (4 reviews) - Features (4 reviews) - Customer Support (3 reviews) - Easy Implementation (3 reviews) - Features Detail (3 reviews) **Cons:** - Expensive (2 reviews) - Performance Issues (2 reviews) - Time-Consuming (2 reviews) - Complex Setup (1 reviews) - Data Management Issues (1 reviews) ### 17. [Arbox HAP](https://www.g2.com/products/arbox-hap/reviews) Arbox Hap is a software solution for asset managers in renewable energy, helps owners operators, financier, and independent power producers. **Average Rating:** 3.3/5.0 **Total Reviews:** 2 **How Do G2 Users Rate Arbox HAP?** - **Has the product been a good partner in doing business?:** 1.7/10 (Category avg: 8.8/10) **Who Is the Company Behind Arbox HAP?** - **Seller:** [Arbox Renewable Energy](https://www.g2.com/sellers/arbox-renewable-energy) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 50% Mid-Market, 50% Enterprise #### What Are Arbox HAP's Pros and Cons? **Pros:** - Ease of Access (1 reviews) - Ease of Use (1 reviews) - Features (1 reviews) - Organization (1 reviews) ### 18. [Aveva Asset Performance Management](https://www.g2.com/products/aveva-asset-performance-management/reviews) Helps customers exceed reliability, safety, and performance goals. **Average Rating:** 3.8/5.0 **Total Reviews:** 2 **How Do G2 Users Rate Aveva Asset Performance Management?** - **Forecasting:** 6.7/10 (Category avg: 8.4/10) - **Performance:** 8.3/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 8.3/10 (Category avg: 8.8/10) - **Reliability:** 8.3/10 (Category avg: 8.8/10) **Who Is the Company Behind Aveva Asset Performance Management?** - **Seller:** [AVEVA](https://www.g2.com/sellers/aveva) - **Year Founded:** 1967 - **HQ Location:** Cambridge, GB - **Twitter:** @AVEVAGroup (15,401 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/14547/ (7,622 employees on LinkedIn®) - **Ownership:** LSE:AVV **Who Uses This Product?** - **Company Size:** 50% Mid-Market, 50% Small-Business ### 19. [Octave Facets Instrumentation (Intergraph Smart Instrumentation)](https://www.g2.com/products/octave-facets-instrumentation-intergraph-smart-instrumentation/reviews) Octave Facets Instrumentation (formerly Smart Instrumentation) is a purpose-built solution for managing instrumentation engineering data across the full plant lifecycle. It brings together instrument design, specifications, loop diagrams, wiring and calibration into a single, centralized environment — giving engineering teams the consistency and control they need to deliver accurate, compliant projects. Unlike general-purpose tools, Facets Instrumentation is built specifically for instrumentation workflows. A built-in rules engine validates designs as teams work, catching errors early and ensuring every instrument meets project and safety requirements before they become costly problems downstream. Loop diagrams and wiring drawings are generated automatically from the instrument database, eliminating manual drafting and improving overall delivery speed. Centralized tag and data management keeps all project information in one place, supporting better collaboration across disciplines and making it easier to maintain accuracy from design through to operations and maintenance. Integrated change management tracks every revision across instruments, loops and documentation in real time, giving teams full visibility and reducing rework. For distributed teams, global work-sharing tools enable secure, concurrent access across locations, keeping projects aligned without compromising data integrity. Facets Instrumentation also connects with other Octave solutions, including InConcert Core (formerly HxGN SDx) and Facets Electrical (formerly Smart Electrical), supporting smooth data exchange across the engineering lifecycle and helping organizations move toward a fully connected, digital workflow. **Average Rating:** 4.8/5.0 **Total Reviews:** 2 **How Do G2 Users Rate Octave Facets Instrumentation (Intergraph Smart Instrumentation)?** - **Forecasting:** 8.3/10 (Category avg: 8.4/10) - **Performance:** 8.3/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 8.8/10) - **Reliability:** 10.0/10 (Category avg: 8.8/10) **Who Is the Company Behind Octave Facets Instrumentation (Intergraph Smart Instrumentation)?** - **Seller:** [Octave](https://www.g2.com/sellers/octave-9e5a428c-f303-4735-9417-dff1ef5736d4) - **HQ Location:** Madison, US - **LinkedIn® Page:** https://www.linkedin.com/company/octaveintelligence/ (1 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 50% Enterprise, 50% Mid-Market ### 20. [Paradigm AssetMetrics](https://www.g2.com/products/paradigm-assetmetrics/reviews) Paradigm has a Ready-to-go proven hack-tested Web App solution that works on all devices and can plug your business into web profits while meeting your compliance and prudential risk requirements without the risk and cost of in-house solutions. **Average Rating:** 4.0/5.0 **Total Reviews:** 2 **How Do G2 Users Rate Paradigm AssetMetrics?** - **Forecasting:** 8.3/10 (Category avg: 8.4/10) - **Performance:** 9.2/10 (Category avg: 8.5/10) - **Reliability:** 9.2/10 (Category avg: 8.8/10) **Who Is the Company Behind Paradigm AssetMetrics?** - **Seller:** [Paradigm Designs](https://www.g2.com/sellers/paradigm-designs) - **Year Founded:** 1974 - **HQ Location:** Grand Rapids, US - **LinkedIn® Page:** https://www.linkedin.com/company/paradigm-design (90 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 50% Mid-Market, 50% Small-Business #### What Are Paradigm AssetMetrics's Pros and Cons? **Pros:** - Data Management (1 reviews) - Ease of Use (1 reviews) - Features (1 reviews) **Cons:** - Complexity (1 reviews) - Complex Setup (1 reviews) - Integration Issues (1 reviews) - Time-Consumption (1 reviews) ### 21. [ProxiTrak](https://www.g2.com/products/proxitrak/reviews) Technology that builds your virtual RFID/IoT infrastructure and synchronizes it with your real-world RFID/IoT infrastructure. ProxiTrak gives you complete control over modelling your IoT environment via CAD-design. Digital twin of your building will be a powerful mastermind to enhance performance, with the most advanced monitoring, analytical, and predictive capabilities. **Average Rating:** 4.5/5.0 **Total Reviews:** 2 **How Do G2 Users Rate ProxiTrak?** - **Forecasting:** 8.3/10 (Category avg: 8.4/10) - **Performance:** 10.0/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 8.8/10) - **Reliability:** 9.2/10 (Category avg: 8.8/10) **Who Is the Company Behind ProxiTrak?** - **Seller:** [ProxiGroup](https://www.g2.com/sellers/proxigroup) - **Year Founded:** 2011 - **HQ Location:** Knoxville, US - **Twitter:** @proxigroup_rfid (86 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/proxigroup/ (3 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 50% Mid-Market, 50% Small-Business ### 22. [The Asset Guardian](https://www.g2.com/products/the-asset-guardian/reviews) Meet TAG Mobi – AI-Powered EAM & CMMS for Asset-Intensive Operations TAG Mobi is an AI-powered EAM and CMMS that helps asset-intensive organizations prevent downtime and extend asset lifecycles. Embedded in Microsoft Dynamics 365 Business Central, it lets technicians manage assets, create and complete work orders, and access maintenance data from any device, online or offline. Paired with mobiMentor AI, a specialized agentic AI ecosystem, TAG Mobi automates data entry, shift handovers, PM planning, and dispatching. Maintenance teams gain more wrench time, faster onboarding, and real-time insights to scale operations safely and efficiently. **Average Rating:** 4.5/5.0 **Total Reviews:** 10 **How Do G2 Users Rate The Asset Guardian?** - **Has the product been a good partner in doing business?:** 8.6/10 (Category avg: 8.8/10) **Who Is the Company Behind The Asset Guardian?** - **Seller:** [The Asset Guardian](https://www.g2.com/sellers/the-asset-guardian) - **Year Founded:** 2001 - **HQ Location:** Laval, Qc - **Twitter:** @TheTAG_Software (282 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/verosoft-design-vsd/people/ (45 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 50% Mid-Market, 40% Small-Business ### 23. [WebView](https://www.g2.com/products/webview/reviews) Maintenance Strategies Inc. focuses on equipment asset management and maintenance optimization. We implement condition-based maintenance software and programs to cost effectively improve reliability / maintainability, reduce life cycle costs, increase energy efficiency and extend useful life of equipment. **Average Rating:** 5.0/5.0 **Total Reviews:** 2 **Who Is the Company Behind WebView?** - **Seller:** [Msicorp](https://www.g2.com/sellers/msicorp) - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 50% Mid-Market, 50% Enterprise ### 24. [Business Optimizer](https://www.g2.com/products/business-optimizer/reviews) Apart of the Nexus Global APM software suite, Business Optimizer is a two-fold, comprehensive software and methodology solution to properly assess your organization against World Class standards while simultaneously building the improvement plan needed to drive business excellence. **Average Rating:** 5.0/5.0 **Total Reviews:** 1 **How Do G2 Users Rate Business Optimizer?** - **Forecasting:** 8.3/10 (Category avg: 8.4/10) - **Performance:** 8.3/10 (Category avg: 8.5/10) - **Reliability:** 8.3/10 (Category avg: 8.8/10) **Who Is the Company Behind Business Optimizer?** - **Seller:** [Nexus Global](https://www.g2.com/sellers/nexus-global) - **Year Founded:** 1998 - **HQ Location:** Wake Forest, US - **Twitter:** @nexusglobalinc (154 Twitter followers) - **LinkedIn® Page:** http://www.linkedin.com/company/nexus-global-business-solutions-inc- (36 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 100% Small-Business ### 25. [Caddis Systems Advanced Machine Monitoring](https://www.g2.com/products/caddis-systems-advanced-machine-monitoring/reviews) The Caddis machine monitoring device is an excellent solution created to monitor any machine. The device requires no in-depth machine integration and leverages cloud based architecture to avoid on premise server requirements. The core of the Caddis system are machine based utilization metrics that are derived from a user defined schedule and then compared with actual machine run time as captured from the device. The machine data can be viewed on any device at any time through a user dashboard. Some specialties of Caddis include: Machine to Machine, Uptime Monitoring, Downtime Analysis, Process Monitoring, Robotic Integration, Machine Utilization, Capacity Management, CNC Integration, SPC, Machine Data, Manufacturing, Preventive Maintenance Management, Machining, and Efficiency. Caddis can be integrated throughout a variety of organizations looking to improve efficient, track machine conditions, predict downtimes and asset failures in advance, and gain real time visibility into a production environment.sx **Average Rating:** 5.0/5.0 **Total Reviews:** 1 **Who Is the Company Behind Caddis Systems Advanced Machine Monitoring?** - **Seller:** [Caddis Systems](https://www.g2.com/sellers/caddis-systems) - **Year Founded:** 2017 - **HQ Location:** Bettendorf, US - **LinkedIn® Page:** https://www.linkedin.com/company/caddis-m2m/ (4 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 100% Mid-Market ## What Is Asset Performance Management Software? [Asset Management Software](https://www.g2.com/categories/asset-management) ## What Software Categories Are Similar to Asset Performance Management Software? - [CMMS Software](https://www.g2.com/categories/cmms) - [Enterprise Asset Management (EAM) Software](https://www.g2.com/categories/enterprise-asset-management-eam) - [Asset Tracking Software](https://www.g2.com/categories/asset-tracking) --- ## How Do You Choose the Right Asset Performance Management Software? ### What You Should Know About Asset Performance Management Software ### What is asset performance management (APM) software? Asset performance management solutions help companies track the performance of fixed assets to optimize their use by providing a detailed view of asset performance, asset health, quality of product, and production. Companies use this type of software to extend the life of their fixed assets and to reduce the costs of maintenance. Asset performance management tools are mainly used by maintenance managers but can also be used by finance professionals to monitor fixed asset costs and ROI. This software is used to improve the availability and asset reliability while minimizing cost and risk. APM can be delivered as part of an[enterprise asset management (EAM) software](https://www.g2.com/categories/enterprise-asset-management-eam) package or as a separate solution. Some business intelligence software providers also offer solutions customized for asset performance. ### Types of asset performance management solutions APM solutions vary depending on how the product is sold and implemented, its features, and the software's delivery model. #### **Standalone or part of EAM** Asset performance management software can be implemented on its own or as part of EAM software, which enables businesses across multiple industries to acquire, manage, and analyze physical assets. Asset performance management software is sometimes integrated into EAM for asset-intensive industries such as manufacturing, construction, energy, and utilities. The primary users of EAM software are maintenance teams who leverage the software to identify issues and perform inspections or repairs. #### **Cloud or on-premises** Cloud-based asset performance management software doesn’t require additional hardware, is accessible from anywhere with an internet connection, and does not require an onsite support team. All of this information and support is hosted by a 3rd party which allows companies to pay on an as-needed basis and effectively scale up or down depending on overall usage, user requirements, and the growth of a company. On-premises software, on the other hand, resides within an organization’s premises and sometimes requires a license to operate. There are also additional costs associated with managing and maintaining on-premises software, such as server hardware, integration capabilities, and IT employees on hand to support and manage potential issues that may arise. #### **Agnostic or industry-specific** Agnostic APM software can receive data in multiple formats or from multiple sources and effectively process the data. This software does not need to be hardcoded to deal with all different kinds of data and also allows users to change the fields and format quickly and easily without having to compile or hardcode programs. Industry-specific asset performance management software is designed exclusively for asset-heavy industries and offers unique features that directly apply to the company using the software. Organizations use industry-specific software to avoid investing large amounts of money in developing or customizing a software solution that fits their specific needs.  ### What are the common features of APM tools? The following are some core features within the best asset performance management software that can help users track and manage the asset lifecycle: **Tracks the financial performance of fixed assets:** Accountants and financial analysts use APM software solutions to track the financial performance of fixed assets to achieve the fastest ROI possible. This is done by minimizing maintenance expenses, replacing non-performing assets, allocating assets to proper locations, and writing off assets that are at the end of their life. **Provides standard KPIs to track asset performance:** Key performance indicators provide an analytical basis for companies using asset performance management software by assisting in decision-making and helping implement an effective asset strategy. Oftentimes, these KPIs can be broken up by production and maintenance and include metrics such as on-time delivery, production costs, uptime, reliability, and asset maintenance costs. **Consolidates fixed** **asset data from multiple sources** : Tracking performance relies on accurate and timely data gathered from all sources containing asset information. APM platforms consolidate asset data from CMMS, EAM, ERP, databases, and spreadsheets, as well as usage and condition monitoring information captured by intelligent sensors and [Supervisory Control and Data Acquisition (SCADA)](https://www.g2.com/categories/supervisory-control-and-data-acquisition-scada) systems. **Optimizes asset performance** : Asset performance management software helps to optimize asset performance across departments such as operations, quality management, and maintenance and can improve waste, inefficiencies, and any other dysfunctional areas. Optimization in these areas can help improve customer satisfaction, revenue, margins, and inventory issues. **Integrates with enterprise software** : Asset performance management systems integrate mostly with ERP and EAM solutions because ERP software helps align assets with the core functions of production and accounting, while EAM software helps companies further acquire, manage, and analyze physical assets. ### Benefits of asset performance management software The main benefits of asset performance management software are: **Reduce maintenance costs:** Asset performance management software can help reduce asset maintenance costs by generating maintenance reports for advanced analytics to identify non-performing assets (assets that are constantly down or underperforming) that need to be replaced by new ones. These reports can also assist in planning preventive maintenance of assets to reduce the chance of sudden and costly asset failures in the future. **Decrease downtime:** Asset downtime, either planned or unplanned, interrupts daily operations, causes backups in production and ultimately costs the company money. Asset performance management software tracks asset usage and can help managers schedule routine maintenance so equipment failure and unplanned downtime can be minimized. **Improve asset ROI and profitability:** When assets are managed correctly, they result in increased productivity and better return on investment (ROI) because maintenance expenses are decreased, and performance is optimized. ** ** Asset performance management software assists in managing these assets so the organization can fully benefit from the investments it made in them. ### Who uses APM software? **Asset managers:** Asset managers use asset performance management software to optimize and streamline maintenance activities, such as preventive maintenance, inspections, and planned downtime, and to identify opportunities to optimize the performance of the critical assets used by the company. **Operations:** Operations teams and managers use asset performance management software to optimize asset allocation based on department performance, such as production and logistics. With this software, they can move assets to where the company will get the greatest productivity out of each asset and achieve ROI faster.  **Accountants:** Accountants use asset performance management software to track and analyze each asset's financial performance. This data is used to properly record depreciation, write off assets that are at the end of their life, minimize maintenance expenses, replace non-performing assets, allocate assets to proper locations, and achieve the fastest ROI possible. ### What are the alternatives to APM software? Alternatives to asset performance management software can replace this type of software, either partially or completely: [EAM software](https://www.g2.com/categories/enterprise-asset-management-eam): EAM software enables businesses across multiple industries to acquire, manage, and analyze physical assets. Using a holistic approach helps optimize management strategies by tracking the lifecycle of all company-owned assets. EAM software aims to control and measure asset performance, maintenance costs, and usage across the company. This software type is most beneficial to companies from asset-intensive industries such as manufacturing, construction, energy, and utilities. The primary users of EAM software are maintenance teams who leverage the software to identify issues and perform inspections or repairs. [ERP systems](https://www.g2.com/categories/erp-systems): ERP systems are complete, integrated systems that manage all aspects of a production-based or distribution business. They align financial management, human resources, supply chain management, and manufacturing or distribution with the core function of accounting. ERP systems provide transparency into the entire business process by tracking all aspects of production or distribution, financials, and the back office. ### Software related to APM tools Related solutions that can be used together with asset performance management solutions include: [Predictive maintenance](https://www.g2.com/categories/predictive-maintenance) **:** Predictive maintenance software uses machine learning to help companies proactively identify issues that may harm their fixed assets. This type of software uses statistical process control principles and predictive analytics to determine the best time to perform maintenance. It’s also able to improve safety and lower the number of accidents caused by faulty equipment. Predictive maintenance is mostly beneficial to companies from asset-intensive industries such as manufacturing, utilities, oil and gas, and mining. Maintenance managers use this type of software to reduce downtime and optimize condition-based maintenance. [Industrial IoT](https://www.g2.com/categories/industrial-iot) **: ** Industrial IoT software, or IIoT software, assists with configuring, managing, and monitoring the Internet of Things (IoT) devices used in manufacturing operations. Smart technology allows factory operators and workers to optimize resource usage, improve product quality, and automate certain routine tasks while generating valuable data across the operation. Industrial IoT solutions may include unique hardware or assets that are specially designed for use in these areas. In some cases, these IoT solutions sync with other connected devices that are preconfigured for IoT or that are connected using third-party sensors. IoT can also be used to create digital twins or virtual simulations of fixed assets that help companies estimate asset performance in multiple scenarios. [Manufacturing execution system](https://www.g2.com/categories/manufacturing-execution-system) **:** Manufacturing execution system (MES) software is used by manufacturers to monitor the production process. Manufacturing companies benefit from MES by tracking real-time production data, which they can use to optimize the production output. An MES is used mostly by production managers, shop floor supervisors, and the employees involved in the production process. Managers and supervisors utilize MES to implement production plans, monitor efficiency, detect potential issues and implement corrective actions. ### Challenges with APM solutions Asset performance management tools can come with its own set of challenges, the most important being: **Complexity:** Asset performance management is not always easy to implement and maintain, mostly because it relies on data from other systems to provide optimal results. This means that any change to or replacement of ERP or EAM software can disrupt the data flow between asset performance management and these solutions. Replacing fixed assets may also require a reconfiguration of the asset performance management software, especially when it comes to intelligent equipment or robots. **Market consolidation:** Asset performance management software tends to be acquired by ERP and EAM vendors, which aim to provide a complete solution for asset lifecycle management. Since these vendors usually incorporate asset performance management into their ERP and EAM offerings, it will be difficult for buyers to find standalone products.  ### Which companies should buy APM software? **Asset-intensive companies:** Any company that requires heavy investments in assets to operate can benefit from asset performance management software. Some examples of industries that should use this technology are manufacturing, construction, retail, energy, or other utility companies.  **Maintenance services providers:** Maintenance service providers can benefit from asset performance management software because they are responsible for services such as preventive maintenance, emergency repairs, scheduled servicing, component testing, and parts replacement. These services require extensive planning, coordination, and communication between the service provider and the company receiving the service, and asset performance management software can assist in handling these responsibilities. ### How to choose the best asset performance management software #### Requirements Gathering (RFI/RFP) for Asset Performance Management Software APM requirements can include standard features like consolidating fixed asset data, providing standard KPIs to track asset performance, and identifying trends and potential risks that may impact assets. Technical requirements include the delivery model (cloud or on-premises), mobile versions of the software, or integration with other systems such as ERP and EAM. #### Compare Asset Performance Management Software Products ##### **Create a long list** A long list should include all asset performance management products that have the core features for asset-heavy companies of all sizes, such as tracking the financial performance of fixed assets and delivering suggestions on how to improve asset utilization. ##### **Create a short list** Next, buyers should research the long list of solutions further to create a short list. There is lots of research (articles and videos) and documentation that explains and reviews different products from different perspectives. Buyers should find research that caters to their industry. G2.com’s ‘Compare’ feature will help stack software side by side to compare specific features and learn how real users rate them. ##### **Conduct demos** A demo should focus on the buyer's critical functionality, not on generic features provided by most asset performance solutions. Ideally, buyers should see how the system manages operations similar to theirs. Other factors to consider are the system's ease of use, its compatibility with existing hardware, or the ability to generate custom reports with advanced analytics.  #### Selection of Asset Performance Management Software ##### **Choose a selection team** The selection team includes asset managers and members of the operations and accounting teams that will use the software. Depending on the buyer's industry, other managers may be involved, such as production managers in manufacturing or project managers in professional services. ##### **Negotiation** While price and incentives like discounts can be essential in negotiation, functionality should take precedence over cost. Software that doesn't cover the buyer's main requirements may be affordable, but the company may need to invest in additional technology. For example, if the solution does not provide EAM functionality, the buyer will have to buy separate software for EAM. ##### **Final decision** Now that buyers know which software solution they want to purchase, they should ask for a trial run of the product to test how it will be implemented and adopted by their teams. If it is well integrated with existing technology and the teams receive it well, the buyer can be confident that they are purchasing the best asset performance management software for their needs. If not, they must go back to the drawing board.