Projetech: Your Go-to Partner for Maximo Implementation

Top 10 Asset Management Solution Companies - 2021

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.”

    Top Asset Management Solution Companies

  • To support the next generation of solar power, the company has developed a new, integrated model for data collection and analysis based on advanced benchmarking technology using digital twin processing, AI, and IoT interoperability

  • Emera Energy provides customized, round-the-clock solutions and a diverse portfolio of natural gas and electricity products, as well as energy management services, to local distribution companies, gas producers, electric utilities, independent generation owners, load-serving entities, and other industrial consumers of natural gas and electricity

  • Projetech, a Premier IBM Business Partner, offers Maximo® as a Service

  • 3megawatt


    3megawatt is a renewable asset management company that offers software, methodology, and support. There are numerous options for managing a renewable energy portfolio on the BluePoint web-based software from 3megawatt. As a result, asset managers may better manage their solar portfolios with the help of the BluePoint platform, which lowers operational risk. More than 20 GW of operating renewable energy assets worldwide are presently managed with BluePoint's asset management software

  • Avenirre


    Avenirre™ develops novel solutions, processes, and platforms to meet the evolving asset management needs of the oil and gas industry. Our goods are especially well-suited for production staff, production engineers, reservoir engineers, and executive management. Our products enable customers to make more informed and timely decisions while conserving resources and adhering to ESG standards. The company has demonstrated its ability to lessen G&A, CAPEX, and LOE while increasing productivity

  • Enerflex


    Enerflex is a one-stop-shop for natural gas compression, oil and gas processing, refrigeration systems, and electric power production equipment – as well as related technical and mechanical services. The Company's extensive in-house capabilities include engineering, design, manufacturing, construction, commissioning, and servicing hydrocarbon handling systems. Enerflex's expertise spans field production facilities, compression and natural gas processing plants, refrigeration systems, and electric power generation equipment for the natural gas production business

  • Joulon


    JOULON offers a comprehensive portfolio of goods and services, ranging from standalone products and services to fully integrated end-to-end asset management solutions. They leverage the industry's most advanced technologies and procedures to provide our customers with a comprehensive portfolio of solutions for increasing the efficiency of their asset ownership and operations

  • Power Factors

    Power Factors

    Power Factors accelerates the global transition to clean energy by lowering the levelized cost of renewable energy. The Power Factors Drive software platform unifies technical and commercial asset management with enterprise asset management (EAM) to create a cloud-based asset performance management (APM) solution for renewable energy. Globally, Power Factors analyses more than 110 GW of wind, solar, and energy storage assets

  • SEAM Group

    SEAM Group

    As one of the world's largest asset management businesses, SEAM Group provides these capabilities and services in all 50 states and over 80 countries. Each year, their expert and licensed team inspects, assesses, and supports over 2,000,000 pieces of equipment — assisting organizations in a variety of markets, from hospitality and pharmaceutical to food processing and consumer goods, in optimizing the performance of their assets, teams, and processes for increased operational and financial impact

  • ST Power Services

    ST Power Services

    ST Power Services is a consultancy and service company specializing in power generation with a combined 70+ years of industry expertise. They've collaborated with plant operations and maintenance teams, asset management firms, private equity firms, and energy companies to improve plant dependability, efficiency, and profitability while cutting operating expenses. The team has performed numerous projects that have resulted in life cycle cost reductions of over $100 million. Due to this focus and verifiable outcomes, Energy CIO Insights selected ST Power Services as the 2020 Power Generation Consulting / Services Company of the Year

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