# Best Asset Performance Management Software - Page 3 *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 ### Category Stats (May 2026) - **Average Rating**: 4.36/5 - **New Reviews This Quarter**: 136 - **Buyer Segments**: Mid-Market 48% │ Small-Business 31% │ Enterprise 21% - **Top Trending Product**: Octave Attune EAM (HxGN EAM) (+0.071) *Last updated: May 18, 2026* ## 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** ### eWorkOrders CMMS 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 [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=431&secure%5Bdisplayable_resource_type%5D=Category&secure%5Bmedium%5D=sponsored&secure%5Bplacement_reason%5D=neighbor_category&secure%5Bplacement_resource_ids%5D%5B%5D=663&secure%5Bplacement_resource_ids%5D%5B%5D=2498&secure%5Bplacement_resource_ids%5D%5B%5D=431&secure%5Bplacement_resource_ids%5D%5B%5D=336&secure%5Bprioritized%5D=false&secure%5Bproduct_id%5D=11966&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%3D3&secure%5Btoken%5D=868b8dbc603d6bc1636f564cfe96a5b2e8e259e49bab6fac64c097f5f61f4fdb&secure%5Burl%5D=https%3A%2F%2Feworkorders.com%2FLandingPages.asp&secure%5Burl_type%5D=product_website) --- ## What Are the Top-Rated Asset Performance Management Software Products in 2026? ### 1. [cpmPlus](https://www.g2.com/products/cpmplus/reviews) cpmPlus OEE is a real time performance measurement and analysis software solution that improves plant productivity by identifying ways to increase Overall Equipment Effectiveness (OEE). OEE is a standard industry KPI for measuring productivity. It consists of three components; Availability, Performance, and Quality and suits any industry or process. **Average Rating:** 4.5/5.0 **Total Reviews:** 1 **How Do G2 Users Rate cpmPlus?** - **Forecasting:** 10.0/10 (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 cpmPlus?** - **Seller:** [ABB](https://www.g2.com/sellers/abb-b65635da-d823-49ab-9548-322dfdaf36ab) - **HQ Location:** Zurich - **Twitter:** @ABBgroupnews (151,648 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/abb/ (138,121 employees on LinkedIn®) - **Ownership:** NYSE:ABB - **Total Revenue (USD mm):** $26,134 **Who Uses This Product?** - **Company Size:** 100% Enterprise ### 2. [IoTFlows](https://www.g2.com/products/iotflows/reviews) IoTFlows is an AI-powered manufacturing intelligence platform that gives manufacturers real-time visibility into machine performance, production output, and operational efficiency. The platform combines plug-and-play IoT hardware - including SenseAi vibration and acoustics sensors, SenseAi Embedded industrial-grade monitors, and BeamTracker LIDAR-based production counters, with a cloud-based analytics dashboard to help factories reduce downtime, improve OEE, and make data-driven decisions. SenseAi uses artificial intelligence to continuously analyze vibration and acoustic signatures from industrial equipment, automatically detecting machine states, identifying anomalies, and classifying downtime, without requiring PLC integration, wiring, or IT infrastructure changes. The magnetic-mount hardware attaches to machines in minutes and connects via built-in 4G/LTE cellular or Wi-Fi, delivering immediate insights with zero disruption to existing operations. The IoTFlows platform unifies machine monitoring, production tracking, downtime root cause analysis, automated alerting, operator collaboration, and advanced reporting into a single dashboard accessible from any device. Manufacturers use IoTFlows to track OEE, monitor part counts and cycle times, analyze downtime Pareto charts, set shift-based production goals, and manage operations across multiple facilities, all from one place. Trusted by over 100 industrial customers including Delta Air Lines, the U.S. Navy, Siemens, Tesla, Parker Hannifin, Stanley Black & Decker, Textron, and Allegion, IoTFlows delivers an average 35% reduction in downtime with typical ROI payback in under three months. **Average Rating:** 5.0/5.0 **Total Reviews:** 2 **How Do G2 Users Rate IoTFlows?** - **Has the product been a good partner in doing business?:** 9.2/10 (Category avg: 8.8/10) **Who Is the Company Behind IoTFlows?** - **Seller:** [IoTFlows](https://www.g2.com/sellers/iotflows) - **HQ Location:** Atlanta, US - **LinkedIn® Page:** https://www.linkedin.com/company/iotflows/ (3 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 50% Enterprise, 50% Small-Business ### 3. [MapTrack](https://www.g2.com/products/maptrack/reviews) MapTrack is the AI AssetOps Platform built to unify asset tracking, maintenance, compliance & scheduling/planning for industrial and field-based teams. Designed for heavy-duty environments like construction contractors, mining, industrial maintenance, and facilities services, MapTrack helps organizations know where every asset is, who has it, and what condition it’s in - in real time. The platform combines QR, BLE, and GPS hardware with intelligent software workflows to deliver full visibility and control of tools, equipment, fleet, and consumables. From pre-start forms and maintenance scheduling to digital audits and depreciation tracking, MapTrack centralizes every asset, document, and workflow in one secure system hosted securely in the cloud. AI-powered features like AI Asset Creation, AI Form Builder, AI data import mapping, AI Account setup & AI data enrichment automate manual data entry, reduce admin time, and increase compliance accuracy. With simple per-asset pricing (unlimited users), flexible role-based permissions, and rapid setup, MapTrack helps teams eliminate lost tools, prevent downtime, and stay compliance audit-ready at all times. Key Differentiators: Integrated GPS, BLE & QR tracking hardware AI-driven automation for asset creation, forms & account setup Smart compliance alerts, audits & reporting Unlimited users, unlimited fields, simple pricing Work Order management & scheduling Modern API for ERP, procurement, and work order integration Australian-based support & implementation team Who It’s For: Asset-heavy teams managing 200–10,000+ assets across multiple sites. Used by operations, maintenance, HSEQ, and compliance teams in construction, civil,mining, utilities, and facilities services industries. **Average Rating:** 4.9/5.0 **Total Reviews:** 14 **How Do G2 Users Rate MapTrack?** - **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 8.8/10) **Who Is the Company Behind MapTrack?** - **Seller:** [MapTrack](https://www.g2.com/sellers/maptrack) - **Year Founded:** 2019 - **HQ Location:** Coorparoo, AU - **LinkedIn® Page:** https://www.linkedin.com/company/map-track (14 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Construction - **Company Size:** 57% Mid-Market, 21% Small-Business #### What Are MapTrack's Pros and Cons? **Pros:** - Ease of Use (10 reviews) - Features (7 reviews) - Tracking (6 reviews) - Efficiency (5 reviews) - Time-saving (4 reviews) **Cons:** - Bug Issues (1 reviews) - Complex Setup (1 reviews) - Inaccurate Location Tracking (1 reviews) - Integration Issues (1 reviews) - Integration Problems (1 reviews) ### 4. [Mobideo](https://www.g2.com/products/mobideo/reviews) The company’s flagship product, MobideoSTO, is a dSTO (digital Shutdown, Turnaround, Outage) Operating System that establishes a fundamentally different way for turnaround groups to manage the full STO lifecycle. Built on experience in over $3 billion of STO projects in the refining, chemical and power industries, it directly addresses the dynamic and complex nature of STOs and dramatically improves manageability of the key factors that determine STO success – scope, cost, schedule, quality, and EHS. **Average Rating:** 5.0/5.0 **Total Reviews:** 1 **How Do G2 Users Rate Mobideo?** - **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 Mobideo?** - **Seller:** [Mobideo](https://www.g2.com/sellers/mobideo) - **Year Founded:** 2008 - **HQ Location:** Katy, US - **LinkedIn® Page:** https://www.linkedin.com/company/mobideo (40 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 100% Mid-Market ### 5. [Modla](https://www.g2.com/products/modla/reviews) Modla is an online asset modelling platform that performs two main functions. The first is to facilitate collaboration and sharing of asset knowledge and data within industry. This is achieved using a standardised framework with a reliability engineering foundation, to develop knowledge repositories termed “Models”, representing current thinking around an asset class. The second function is to use these “Models” as an input to answer common business queries in a live and automated way. This process can be used to produce budgets, programs of work, optimise maintenance strategy and spares holdings, produce job plans and more. **Average Rating:** 5.0/5.0 **Total Reviews:** 1 **How Do G2 Users Rate Modla?** - **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 Modla?** - **Seller:** [Modla](https://www.g2.com/sellers/modla) - **Year Founded:** 2019 - **HQ Location:** Brisbane, AU - **LinkedIn® Page:** https://www.linkedin.com/company/modla-co/ (2 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 100% Mid-Market ### 6. [seventhings](https://www.g2.com/products/seventhings/reviews) seventhings is the all-in-one platform for smart and circular asset management. We enable companies worldwide to keep an easy overview of all objects in their company by digitizing and automating asset management. 100% on German servers and GDPR compliant. USPs: - 24/7 Inventory: Inventory assets continuously at any time and on any day. - Intuitive software: Manage assets efficiently and get the information you really need. - Digital product passport: All information about your inventory in one app offline and online directly at a glance. - Circular Asset Tracking: Return all resources to employees and refurbishers in a climate-friendly way. Benefits: - Save 80% of the time: In the manual inventory process, employee capacities, such as their working time, are heavily involved. Working with lists as well as constantly searching inventories is very time-consuming and costly. All of this is eliminated with a digital asset management solution, making the process simple and time-saving. - Save 70% on costs: Costs incurred are significantly minimized with a digital solution, as employee resources are conserved, and inventory can be used more efficiently. - Save 60% CO2: By using a digital solution, companies not only save on the "paperwork" associated with inventory management, but with a newfound overview of all items, can use existing resources efficiently and make smart purchasing decisions. **Average Rating:** 4.6/5.0 **Total Reviews:** 39 **How Do G2 Users Rate seventhings?** - **Has the product been a good partner in doing business?:** 9.7/10 (Category avg: 8.8/10) **Who Is the Company Behind seventhings?** - **Seller:** [seventhings](https://www.g2.com/sellers/seventhings) - **Year Founded:** 2015 - **HQ Location:** Dresden, DE - **Twitter:** @seventhings_app (95 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/3975656 (18 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Hospital & Health Care - **Company Size:** 63% Mid-Market, 33% Small-Business #### What Are seventhings's Pros and Cons? **Pros:** - Efficiency (1 reviews) - Efficiency Improvement (1 reviews) - Time-saving (1 reviews) - Updates (1 reviews) **Cons:** - Navigation Difficulty (1 reviews) - Poor Usability (1 reviews) ### 7. [SmartMaintenance](https://www.g2.com/products/smartmaintenance/reviews) It develops a user-friendly software preventing breakdowns, boosting quality and driving business value **Average Rating:** 5.0/5.0 **Total Reviews:** 1 **How Do G2 Users Rate SmartMaintenance?** - **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 SmartMaintenance?** - **Seller:** [Clover Group](https://www.g2.com/sellers/clover-group) - **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:** 100% Small-Business ### 8. [Strategy Optimizer](https://www.g2.com/products/strategy-optimizer/reviews) Nexus Global's new Strategy Optimizer (formally PMO2000®) software was designed to assure the greatest Return on Capital Employed (ROCE) can be managed, measured, and controlled through the desired equipment lifecycle. Built into the Nexus Global APM Optimizer Suite, Strategy Optimizer serves as the master knowledge management and rapid deployment system for all activities performed against every physical asset within the asset hierarchy. **Average Rating:** 3.0/5.0 **Total Reviews:** 1 **How Do G2 Users Rate Strategy Optimizer?** - **Forecasting:** 6.7/10 (Category avg: 8.4/10) - **Performance:** 5.0/10 (Category avg: 8.5/10) - **Reliability:** 6.7/10 (Category avg: 8.8/10) **Who Is the Company Behind Strategy 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% Mid-Market ### 9. [TilliT](https://www.g2.com/products/tillit-tillit/reviews) The TilliT Digital Manufacturing Operations software enables fully paperless operations by integrating production, quality, and maintenance processes in a single low-code cloud platform. Light-weight and easily deployed TilliT combines asset performance monitoring, OEE, work order execution, quality management, knowledge management and production scheduling driven by workflow automation and AI optimization. By connecting to existing equipment or by using our suite of IoT sensors, TilliT brings together people, products, processes and equipment for complete operational control. **Average Rating:** 4.0/5.0 **Total Reviews:** 1 **How Do G2 Users Rate TilliT?** - **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 TilliT?** - **Seller:** [TilliT](https://www.g2.com/sellers/tillit-05abfe48-8715-4f6b-9215-9346c3b64576) - **Year Founded:** 2021 - **HQ Location:** Brisbane City, AU - **Twitter:** @GoTilliT (11 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/gotillit/ (8 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 100% Mid-Market ### 10. [VAIL-PLANT](https://www.g2.com/products/vail-plant/reviews) VAIL-PLANT is a leading fully certified (API 580 and ASME B31.8S) Asset Integrity Software Solution specifically designed for Oil & Gas, Power and Petrochemical industries which facilitates inspection and maintenance management cycles by using RBI, RCM, SIL and FMECA approaches. VAIL-Plant is an effective asset management tool that contributes to ensuring the company's assets health and performance by enabling the plant operators to improve overall control of their asset condition by optimizing inspection, asset monitoring and linking to their maintenance systems. **Average Rating:** 4.0/5.0 **Total Reviews:** 1 **Who Is the Company Behind VAIL-PLANT?** - **Seller:** [Velosi](https://www.g2.com/sellers/velosi) - **Year Founded:** 1982 - **HQ Location:** Rabdan, Abu Dhabi Emirate, United Arab Emirates - **Twitter:** @Velosi_Ltd (98 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/velosiaims (506 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 100% Small-Business ### 11. [YOUTILIGENT Connected Consumer Solution](https://www.g2.com/products/youtiligent-connected-consumer-solution/reviews) YOUTILIGENT brings On-Site visibility to the FMCG & HORECA industries. Our solution tracks actual usage of appliances such as commercial freezers and fridges, coffee machines, Ice cream machines, and any other electrical appliances, and converts the usage data to actionable business insights. **Average Rating:** 2.5/5.0 **Total Reviews:** 1 **How Do G2 Users Rate YOUTILIGENT Connected Consumer Solution?** - **Forecasting:** 1.7/10 (Category avg: 8.4/10) - **Performance:** 1.7/10 (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 YOUTILIGENT Connected Consumer Solution?** - **Seller:** [Youtiligent](https://www.g2.com/sellers/youtiligent) - **Year Founded:** 2018 - **HQ Location:** Tel Aviv, IL - **LinkedIn® Page:** https://www.linkedin.com/company/youtiligent/ (11 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 100% Small-Business ### 12. [Abyss](https://www.g2.com/products/abyss/reviews) Abyss Fabric is an advanced inspection solution developed by Abyss Solutions, designed to provide comprehensive condition visualization and assessment of critical infrastructure across various industries. By leveraging cutting-edge technologies such as artificial intelligence, robotics, and machine learning, Abyss Fabric enables asset owners to conduct thorough inspections efficiently and safely, even in challenging environments. Key Features and Functionality: - Autonomous Inspections: Utilizes autonomous systems to perform inspections, reducing the need for human intervention and enhancing safety. - Reality Capture: Employs reality capture techniques to create detailed visual representations of assets, facilitating accurate condition assessments. - Advanced Data Analytics: Integrates AI and machine learning algorithms to analyze inspection data, providing actionable insights for maintenance and decision-making. - Multi-Environment Operation: Capable of operating across various environments, including subsea, splash zones, and topside areas, ensuring comprehensive asset coverage. Primary Value and Problem Solved: Abyss Fabric addresses the challenges associated with traditional inspection methods, which often involve high costs, safety risks, and limited coverage. By automating the inspection process and utilizing advanced data analytics, Abyss Fabric enables asset owners to: - Enhance Safety: Minimize human exposure to hazardous environments by deploying autonomous inspection systems. - Reduce Costs: Lower operational expenses through efficient and rapid inspections that require fewer resources. - Improve Decision-Making: Gain accurate and comprehensive insights into asset conditions, allowing for informed maintenance prioritization and resource allocation. - Ensure Regulatory Compliance: Meet industry standards and regulatory requirements by maintaining up-to-date and precise asset condition records. By providing a scalable and reliable inspection solution, Abyss Fabric empowers industries such as energy, marine, infrastructure, agriculture, and space to protect their valuable assets and optimize operational performance. **Who Is the Company Behind Abyss?** - **Seller:** [Abyss](https://www.g2.com/sellers/abyss) - **Year Founded:** 2014 - **HQ Location:** Houston, Texas, United States - **LinkedIn® Page:** https://www.linkedin.com/company/abyss-solutions-ltd (200 employees on LinkedIn®) ### 13. [Accruent Vx Observe](https://www.g2.com/products/accruent-vx-observe/reviews) Vx Observe is an enterprise IoT remote monitoring, control and energy management solution for multiple equipment types, to help in deliver energy and operational efficiencies, predict asset failures, improve air quality and wellness and ensure commercial refrigeration compliance. Key features include: CONNECT: Hardware agnostic; Strong Integration capabilities (Controller + EMS/BMS + several CMMS); Connection to the physical controller; BMS on-site and Data normalization; Digital version. MONITOR: Alerts and workflow mgmt: real-time alerting and intelligent alarm triage; advanced multi-site analytics and priority-based workflow. PREDICT: Telemetry data-based anomaly detection; Condition-based maintenance; Predictive-based workflows/ rules engine; Pre-warning notifications. CONTROL: Remote global command actions, reversions & validations; Integrated and automated control actions to prevent failure (Excellent enterprise-level control); Energy demand response actions. 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. **Who Is the Company Behind Accruent Vx Observe?** - **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®) ### 14. [APM Optimizer Suite](https://www.g2.com/products/apm-optimizer-suite/reviews) Working seamlessly within our APM solutions, the Nexus Global APM Optimizer Suite provides a full circle, integrated approach to developing, implementing, and managing your living reliability program. Driving the Nexus Global core competency of delivering Asset Management and Reliability & Integrity process improvements, APM Optimizer Suite is the one solution you need to optimize your business roadmap, equipment data, equipment strategies, work planning, and incident investigation initiatives. **Who Is the Company Behind APM Optimizer Suite?** - **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®) ### 15. [Arkion](https://www.g2.com/products/arkion/reviews) Arkion is a web-based platform that transforms inspection data into structured condition assessments for transmission and distribution grid assets, enabling fast and accurate decision-making. By leveraging AI-powered computer vision technology, Arkion provides utilities with comprehensive insights into their grid's health, enhancing resilience and operational efficiency. **Who Is the Company Behind Arkion?** - **Seller:** [Arkion](https://www.g2.com/sellers/arkion) - **Year Founded:** 2019 - **HQ Location:** Stockholm, SE - **LinkedIn® Page:** https://www.linkedin.com/company/arkionsolutions (47 employees on LinkedIn®) ### 16. [Aspen Mtell](https://www.g2.com/products/aspen-mtell/reviews) Aspen Mtell delivers the earliest, most accurate warning of asset failures and unplanned downtime using failure agents that autonomously detect patterns in data. **Average Rating:** 2.5/5.0 **Total Reviews:** 1 **Who Is the Company Behind Aspen Mtell?** - **Seller:** [Aspen Technology](https://www.g2.com/sellers/aspen-technology) - **Year Founded:** 1981 - **HQ Location:** Bedford, MA - **Twitter:** @AspenTech (4,752 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/4446/ (4,046 employees on LinkedIn®) - **Ownership:** NASDAQ: AZPN **Who Uses This Product?** - **Company Size:** 100% Small-Business #### What Are Aspen Mtell's Pros and Cons? **Pros:** - Asset Management (1 reviews) - Communication (1 reviews) **Cons:** - Feature Limitations (1 reviews) - Limited Features (1 reviews) - Poor Reporting (1 reviews) - Process Improvement (1 reviews) ### 17. [aspenONE Asset Performance Management (APM)](https://www.g2.com/products/aspenone-asset-performance-management-apm/reviews) Drive uptime with actionable insights from models and machine learning. **Who Is the Company Behind aspenONE Asset Performance Management (APM)?** - **Seller:** [Aspen Technology](https://www.g2.com/sellers/aspen-technology) - **Year Founded:** 1981 - **HQ Location:** Bedford, MA - **Twitter:** @AspenTech (4,752 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/4446/ (4,046 employees on LinkedIn®) - **Ownership:** NASDAQ: AZPN ### 18. [Asset Performance (APM) Platform](https://www.g2.com/products/asset-performance-apm-platform/reviews) Shoreline AI’s cloud-managed and software-driven patented architecture requires no experts to install, no CapEx, or data scientists, operationalizing in minutes per asset and delivering powerful machine-specific analytics. This highly secure, 100% subscription approach creates unprecedented APM economics for the balance of plant equipment and scales easily for new applications such as emissions monitoring. Shoreline AI’s plug-and-play asset performance management delivers breakthrough simplicity and cost efficiencies. Completely self-installed by non-experts, smart sensors automatically connect to the cloud and are auto-provisioned via a rich library of 30,000+ pre-built asset physics models. • Cloud-native approach • No new CapEx required • No on-site experts or data scientists needed • Operationalizes in days, delivering powerful machine-specific analytics • Highly secure, 100% subscription pricing • Scales easily for new applications such as emissions monitoring and energy management Specialties IoT, Embedded Systems, Cloud, Android, iOS, Asset Health Monitoring, Condition Monitoring, Vibration Analysis, Asset Performance Management, APM, ACM, IoT, SaaS, PaaS, O&G, Midstream, Upstream, General Manufacturing, Machinery Diagnostics, Wireless Sensors, LTE, Machine Learning, Energy, and Utilities **Who Is the Company Behind Asset Performance (APM) Platform?** - **Seller:** [Shoreline AI](https://www.g2.com/sellers/shoreline-ai) - **Year Founded:** 2016 - **HQ Location:** Los Gatos, California, United States - **LinkedIn® Page:** http://www.linkedin.com/company/shorelineai (64 employees on LinkedIn®) ### 19. [AtomIQ Asset Management](https://www.g2.com/products/atomiq-asset-management/reviews) Manage Assets using AtomIQ App to reduce downtime and repair costs, increase productivity, and improve product quality. Receive Proactive alerts to plan and resolve issues before they become emergencies. Use barcode labels attached to the assets to track physical assets. **Who Is the Company Behind AtomIQ Asset Management?** - **Seller:** [AtomIQ](https://www.g2.com/sellers/atomiq) - **HQ Location:** Somerset, US - **LinkedIn® Page:** https://www.linkedin.com/company/atomiqus/ (34 employees on LinkedIn®) ### 20. [Bright AI](https://www.g2.com/products/bright-ai/reviews) BrightAI has developed an autonomous infrastructure intelligence to make the invisible state of physical infrastructure visible and actionable, enabling clients to get help in real-time monitoring and proactive asset management. **Who Is the Company Behind Bright AI?** - **Seller:** [Bright AI](https://www.g2.com/sellers/bright-ai) - **Year Founded:** 2019 - **HQ Location:** Palo Alto, US - **LinkedIn® Page:** https://www.linkedin.com/company/brightai/ (101 employees on LinkedIn®) ### 21. [Built AI](https://www.g2.com/products/built-ai/reviews) Built AI helps real estate professionals analyze commercial property opportunities faster and better. **Who Is the Company Behind Built AI?** - **Seller:** [Built AI](https://www.g2.com/sellers/built-ai) - **Year Founded:** 2021 - **HQ Location:** London, England, United Kingdom - **LinkedIn® Page:** https://www.linkedin.com/company/builtai (22 employees on LinkedIn®) ### 22. [Cecil](https://www.g2.com/products/cecil/reviews) Cecil is a comprehensive platform designed to streamline the acquisition, transformation, and analysis of nature datasets. By harmonizing data from various providers, Cecil ensures consistency and interoperability, making it easier for users to conduct spatial and temporal analyses. The platform offers a Python SDK for seamless integration into existing workflows and provides secure SQL access to a database optimized for large-scale time-series and spatial data analysis. Cecil's commitment to scientific rigor and collaboration with industry experts ensures that users have access to high-quality, ready-to-use nature data. Key Features and Functionality: - Nature Datasets: Access a curated selection of datasets with monitoring capabilities for specific areas of interest, refined by spatial and temporal attributes across both commercial and open-license sources. - Analysis Ready: Easily join spatial data across multiple datasets using recommended settings or customize transformations with project-specific coordinate reference systems and spatial resolutions. - Built to Scale: Integrate data operations securely with the Cecil Python SDK and leverage a modern SQL database optimized for analyzing time-series and spatial data at scale. - Scientific Approach: Utilize a platform grounded in foundational scientific principles, offering objective, transparent, and rigorous nature data curation in collaboration with the research community. - Efficient Analysis: Benefit from datasets that are consistent and joinable by default, consolidated into relational database models with harmonized measurement units and transformed pixel grids to preferred CRS and spatial resolutions. Primary Value and User Solutions: Cecil addresses the challenges associated with accessing and analyzing diverse nature datasets by providing a unified platform that ensures data consistency and readiness for analysis. Users can efficiently acquire and transform data tailored to their specific areas of interest, facilitating more accurate and scalable environmental analyses. By consolidating datasets into a harmonized format and offering robust tools for data manipulation, Cecil empowers researchers, environmentalists, and decision-makers to derive meaningful insights from complex nature data, ultimately supporting informed decision-making and effective environmental management. **Who Is the Company Behind Cecil?** - **Seller:** [Cecil](https://www.g2.com/sellers/cecil) - **Year Founded:** 2021 - **HQ Location:** Sydney, AU - **LinkedIn® Page:** https://www.linkedin.com/company/cecil-earth (27 employees on LinkedIn®) ### 23. [Consilience Analytics](https://www.g2.com/products/consilience-analytics/reviews) Consilience is dedicated to ingesting captured data and creating value through the integration of insights into enterprise platforms. This ensures your team can access data about each asset virtually without spending your valuable time and resources on location. **Who Is the Company Behind Consilience Analytics?** - **Seller:** [Consilience Analytics](https://www.g2.com/sellers/consilience-analytics) - **Year Founded:** 2019 - **HQ Location:** Greenwood Village , US - **LinkedIn® Page:** http://www.linkedin.com/company/consilience-analytics (4 employees on LinkedIn®) ### 24. [Data Optimizer](https://www.g2.com/products/data-optimizer/reviews) Nexus Global's new Data Optimizer is an innovative, easy to use, and robust approach to the critical task of collecting, verifying, and updating asset data. Working seamlessly within the Nexus Global Optimizer Suite of software, Data Optimizer builds and audits your asset structure and taxonomy by understanding processes, equipment classes, and human factors. **Who Is the Company Behind Data 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®) ### 25. [Dematic IQ Insights](https://www.g2.com/products/dematic-iq-insights/reviews) Dematic iQ InSights collects and compiles data for all of your operational and maintenance information systems — as well as manual, semi-automated, and highly automated processes — and delivers an action plan. It mobilizes real-time alerts, analytics, and visualizations across all Dematic and third-party systems. **Who Is the Company Behind Dematic IQ Insights?** - **Seller:** [Dematic](https://www.g2.com/sellers/dematic) - **Year Founded:** 1819 - **HQ Location:** Atlanta, Georgia, United States - **Twitter:** @DematicGlobal (698 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/14074 (8,757 employees on LinkedIn®) ## 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? - [Facility Management Software](https://www.g2.com/categories/facility-management) - [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) - [Predictive Maintenance Software](https://www.g2.com/categories/predictive-maintenance) - [Infrastructure Asset Management Software](https://www.g2.com/categories/infrastructure-asset-management) --- ## 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.