Schneider Electric Ranked Top Asset Performance Management (APM) Provider by Navigant Research
Schneider Electric’s Enterprise APM platform is a comprehensive solution for improving asset reliability, availability and performance
LAKE FOREST, Calif. – Oct. 12, 2016 – Schneider Electric, the global specialist in energy management and automation, today announced that it has been named an industry leader in Navigant Research’s report on Asset Performance Management (APM). In the report’s inaugural edition, Schneider Electric was positioned as a leading contender and a top three provider among the 10 companies that were considered in the report. Scoring was based on product strategy and ability to execute.
Source: Navigant Research Leaderboard Report: Asset Performance Management
“We are a pioneer in the Industrial Internet of Things (IIoT), and our placement in this Navigant Research report is a testament to the breadth and versatility of our Enterprise APM platform and the value it provides for our customers,” said Kim Custeau, Director of Asset Management, Schneider Electric. “Our proven ability to seamlessly integrate with existing systems and deliver continuous return on asset investments has enabled our customers to achieve significant savings in maintenance costs and move from reactive to predictive maintenance strategies.”
Schneider Electric’s Enterprise APM leverages IIoT to close the loop between business and operations in an end-to-end platform that allows for open integration. With Enterprise APM, industrial customers in the power, oil and gas, water wastewater, metals, mining and minerals, and other industries are able to maximize their return on assets by reducing unscheduled downtime, increasing asset utilization and streamlining operations.
“Utilities are currently facing an evolving marketplace and regulatory challenges, so ensuring optimal asset performance is critical,” said Lauren Callaway, Research Analyst, Navigant Research. “Successful APM vendors are able to harness big data and predictive analytics to produce valuable performance insights, allowing utilities to drive more value from existing resources.”
Navigant Research ranked companies based on 11 criteria spanning strategy and execution including vision, go-to-market strategy, partners, technology, product performance, geographic reach and staying power.
The complete APM Leaderboard Report can be accessed here. For more information on Schneider Electric’s Enterprise APM solution, visit http://software.schneider-electric.com/eapm or contact your local Schneider Electric representative.
Download this announcement in PDF format.
About Schneider Electric
Schneider Electric is the global specialist in energy management and automation. With revenues of ~€25 billion in FY2016, our 144,000 employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies reshape industries, transform cities and enrich lives. At Schneider Electric, we call this Life Is On.
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