Green Quadrant: Asset Performance Management Solutions
In the report, Verdantix compared 20 asset performance management (APM) software providers using the Green Quadrant methodology. The analysis included two-hour live product demonstrations based on pre-set scenarios, desktop research, and vendor responses to a 137-point questionnaire covering eight technical, ten functional, and nine market momentum categories. Additionally, Verdantix interviewed 30 software users and incorporated data from a global survey of 304 operational excellence decision-makers.
Among the vendors researched in the report, Cenosco was identified as a leading provider in two main categories: Integrity management and process safety & risk management. This year, Cenosco has been featured as an Innovator, moving up from our Challengers position in less than two years. This is a testament to our ongoing commitment to excellence in asset integrity management. This recognition highlights our progress in expanding our solutions.
Top Capabilities in Asset Performance Management
Cenosco’s top three capabilities, as outlined by the report, were as follows:
A comprehensive solution for asset integrity management.
Cenosco obtained the second-highest score for this capability among the benchmarked vendors in the Green Quadrant, highlighting them as a leader in the category. The report references, in particular, their capabilities with their Pressure Equipment Integrity software and their Pipeline and Subsea System software.
Market-leading process safety and risk management capabilities.
Cenosco’s Safety Instrumented Systems software scored the highest in the Green Quadrant analysis for the process safety & risk management category. This recognition is a testament to the tool’s capabilities, including the framework for identifying hazards and minimizing risks across the design-test-operate life cycle.
Future plans to further integrate AI and third-party data sources into its IMS Suite.
Finally, Cenosco was recognized for its commitment to helping customers achieve safer, more reliable, and more sustainable operations by working with partners to deliver innovative AI use cases to its platform, including participating in the Open AI Energy Initiative.
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