New IDC MarketScape Evaluates Worldwide Enterprise Asset Management Software Providers for Energy and Water Delivery Utilities

  New IDC MarketScape Evaluates Worldwide Enterprise Asset Management Software
  Providers for Energy and Water Delivery Utilities

Business Wire

MILAN -- July 24, 2014

IDC Energy Insights has released an IDC MarketScape study that provides
utility companies, specifically those focused on energy and water delivery
(both transmission and distribution), with an insight into the current
capabilities and future strategies of enterprise asset management (EAM)
vendors and guidance on how to approach planning for a new EAM implementation.

The report, IDC MarketScape: Worldwide Enterprise Asset Management Software
for Energy and Water Delivery Utilities, 2014 Vendor Assessment (Doc
#EIOS06W), evaluates eight vendors: CGI; IBM; IFS; Infor; Oracle; SAP;
Schneider Electric; and Ventyx, an ABB company.

Concerning market offerings, IDC Energy Insights highlights:

  *Vendors are systematically enriching their product features and
    functionalities. Many of them have very broad capabilities and a future
    vision that meets and anticipates the utility industry needs.
  *The majority of solutions incorporate compatible unit (CU) capabilities. A
    CU is a template that defines labor, materials, services, and tools
    resources required to perform work.
  *Linear asset management capabilities have become available in the majority
    of products evaluated in this IDC MarketScape. Additionally, some vendors
    have aligned applications to guidelines and good practices defined by
    PAS-55, or with emerging ISO 55000 standards.
  *Some EAM solutions have embedded a mobility component for field work. The
    majority integrate with the vendors' own mobile field force management
    (MFFM) solution, but integration with third-party MFFM is also supported.
  *Business analytics and insights are made available via embedded dashboards
    and in many cases via integration with business intelligence solutions.
  *Some vendors evaluated in this IDC MarketScape need to improve and
    modernize their user interface. They are addressing the issue with
    dedicated investments.
  *Customer satisfaction with regard to pricing, contractual conditions, and
    ongoing support needs to be more carefully managed by some vendors.
  *Even if energy and water delivery utilities still seem to prefer
    on-premises installations, the cloud option is becoming available in the
    market. Some players are even exclusively offering cloud as a possible
    delivery model.

"Enterprise asset management [EAM] applications are core to any electric, gas,
and water utility. Over the years, there has been an evolution in the best
approaches to asset management, enlarging the scope from pure maintenance to
managing the assets, including their economic value, across their entire life
cycle. EAM is becoming a strategic planning tool for asset investments," said
Roberta Bigliani, Associate Vice President and head of Europe, Middle East,
and Africa, IDC Energy Insights. "Energy and water delivery utilities planning
to invest in an EAM application should consider this study to get a first
independent assessment of software providers."

For more information about this study, or to arrange a one-on-one briefing
with IDC Energy Insights' analyst team, please contact Kanupriya at +44 20
8987 7111 or by email at kanupriya@idc.com. Studies are available to qualified
members of the media. For information on purchasing studies, contact
insights@idc.com; reporters should email kanupriya@idc.com.

About IDC MarketScape

The IDC MarketScape vendor analysis model is designed to provide an overview
of the competitive fitness of ICT (information and communications technology)
suppliers in a given market. The research methodology utilizes a rigorous
scoring methodology based on both qualitative and quantitative criteria that
results in a single graphical illustration of each vendor's position within a
given market. IDC MarketScape provides a clear framework in which the product
and service offerings, capabilities and strategies, and current and future
market success factors of IT and telecommunications vendors can be
meaningfully compared. The framework also provides technology buyers with a
360-degree assessment of the strengths and weaknesses of current and
prospective vendors.

About IDC Energy Insights

IDC Energy Insights assists energy businesses and IT leaders, as well as the
suppliers that serve them, in making more effective technology decisions by
providing accurate, timely, and insightful fact-based research and consulting
services. Staffed by senior analysts with decades of industry experience, our
global research analyzes and advises on business and technology issues facing
the utility and oil and gas industries. International Data Corporation (IDC)
is the premier global provider of market intelligence, advisory services, and
events for the information technology market. IDC is a subsidiary of IDG, the
world's leading technology, media, research, and events company. For more
information, please visit www.idc-ei.com, email info@idc-ei.com, or call
508-935-4400.

Contact:

IDC Energy Insights
Kanupriya, +44 20 8987 7111
kanupriya@idc.com
 
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