In the last decade, the surge in technological advancements in the energy space, particularly in better conventional energy generation, wider storage capabilities, and the inception of smart grids has driven a digitalization wave in the sector. However, the increase in digital and tech-driven assets came with a rise in complexity with respect to data security, privacy, and transfer. Due to this complexity, a majority of energy firms struggle to gain the desired ROI from their deployments, which in turn, can also lead to increased downtime and disruptions in service. To mitigate this challenge, the energy arena has witnessed a meteoric rise in asset management solution providers that leverage innovative technologies to boost the efficiency of operations and maintenance processes. For instance, these solution vendors offer solutions powered by AI and analytics to proactively mitigate the risk of electrical failures and repair operations. Similarly, some providers also leverage IoT and automation to continuously monitor the performance of their energy assets and minimize human error respectively.
Taking into account the ever-increasing number of intuitive energy asset management solutions entering the market, choosing the right solution provider has become a critical task for firms. In order to assist firms in the task of finding prominent asset management solutions, we have compiled this issue of Energy Tech Review. In this edition, we have listed the top 10 asset management solution providers to showcase the organizations that can help you unlock new opportunities. We hope this issue of Energy Tech Review helps you build the partnership you and your organization need to foster sustainable and highly cost-efficient operations driven by robust and innovative technology.
We present to you, Energy Tech Review’s “Top 10 Asset Management Solution Providers – 2021.”