{"id":415951,"date":"2021-01-15T15:11:59","date_gmt":"2021-01-15T20:11:59","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=415951"},"modified":"2021-01-15T15:11:59","modified_gmt":"2021-01-15T20:11:59","slug":"idc-marketscape-names-ge-digital-a-leader-in-four-worldwide-asset-performance-management-vendor-assessments","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/idc-marketscape-names-ge-digital-a-leader-in-four-worldwide-asset-performance-management-vendor-assessments\/","title":{"rendered":"IDC MarketScape Names GE Digital a Leader in Four Worldwide Asset Performance Management Vendor Assessments"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>IDC MarketScape Names GE Digital a Leader in Four Worldwide Asset Performance Management Vendor Assessments<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li class=\"bwalignc\"><b>GE Digital\u2019s APM recognized for leadership in capabilities across Oil &amp; Gas, Utilities, Mining, and Manufacturing industries<\/b><\/li>\n<li class=\"bwalignc\"><b>Reports show that as demand for operational asset optimization strategies increases around the world, APM software and services have become more valuable<\/b><\/li>\n<li class=\"bwalignc\"><b>GE Digital\u2019s focus on customer intimacy seen as an important differentiator<\/b><\/li>\n<\/ul>\n<p>SAN RAMON, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nGE Digital today announced that it has been recognized by IDC\u2019s new Worldwide Asset Performance Management 2020-2021 MarketScapes: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ge.com%2Fdigital%2Flp%2Fidc-marketscape-names-ge-digital-leader-oil-gas-asset-performance-management&amp;esheet=52362919&amp;newsitemid=20210115005548&amp;lan=en-US&amp;anchor=Oil+%26amp%3B+Gas&amp;index=1&amp;md5=8064510fd5dcba567a3a25e9e9599466\">Oil &amp; Gas<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ge.com%2Fdigital%2Flp%2Fidc-marketscape-names-ge-digital-leader-utilities-asset-performance-management&amp;esheet=52362919&amp;newsitemid=20210115005548&amp;lan=en-US&amp;anchor=Utilities&amp;index=2&amp;md5=7c3f1b50f69e368ea8be2b0f091e35c9\">Utilities<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ge.com%2Fdigital%2Flp%2Fidc-marketscape-names-ge-digital-leader-mining-asset-performance-management&amp;esheet=52362919&amp;newsitemid=20210115005548&amp;lan=en-US&amp;anchor=Mining&amp;index=3&amp;md5=bd17d27e634c5eadb010fb25e1bc8aa3\">Mining<\/a>, and Manufacturing. GE Digital\u2019s Asset Performance Management (APM) is a suite of software and service solutions designed to help optimize the performance of assets for industrial companies. APM connects disparate data sources and uses advanced analytics and Digital Twin technology to turn data into actionable insights while fostering collaboration and knowledge management across an organization.\n<\/p>\n<p>\nIn both the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ge.com%2Fdigital%2Fcustomers%2Foil-gas&amp;esheet=52362919&amp;newsitemid=20210115005548&amp;lan=en-US&amp;anchor=Oil+%26amp%3B+Gas&amp;index=4&amp;md5=d1c1a3f45cc0526a2df6bff7556b5412\">Oil &amp; Gas<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ge.com%2Fdigital%2Fcustomers%2Fmanufacturing-digital-plant&amp;esheet=52362919&amp;newsitemid=20210115005548&amp;lan=en-US&amp;anchor=Manufacturing&amp;index=5&amp;md5=e7f94966e263de2e634925005957add4\">Manufacturing<\/a> industries, the report cites GE Digital\u2019s scale and experience as a leadership strength, saying that this is a key consideration for customers looking for industry expertise in APM solutions that can scale beyond pilots and proofs of concept (POCs). Additionally, IDC pointed to the user interface (UI) of the GE Digital APM solution as an advantage. With increasing focus on digital twin development and delivery, this strength is poised to continue to advance for GE Digital, the report notes.\n<\/p>\n<p>\nAcross all four of the industries studied in this MarketScape cycle, IDC believes that GE Digital\u2019s focus on customer intimacy and willingness to listen to customer suggestions and incorporate them into the product road map, coupled with agile development cycles to implement new requirements, is important in the future, and an important differentiator.\n<\/p>\n<p>\nIn the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ge.com%2Fdigital%2Fcustomers%2Futilities&amp;esheet=52362919&amp;newsitemid=20210115005548&amp;lan=en-US&amp;anchor=Utilities&amp;index=6&amp;md5=c8da7eb642b7f6a98f16e7bc929801ee\">Utilities<\/a> industry, versatility of GE Digital\u2019s APM products was cited as a solution strength, as the software is used by customers of different sizes across various geographies for all types of assets. Customers further noted that they are able to grow their implementation based on their current needs due to the solution\u2019s modularity. And, because the GE Digital Utility adjacent portfolio is broad and goes beyond APM, it meets the varied needs of the industry; Advanced Distribution Management Systems (ADMS), Energy Management Systems (EMS), Geographic Information Systems (GIS), remote operations, control, and vegetation management are complementary products. And, IDC noted that GE Digital\u2019s commitment to multiyear support is key in this utility sector where solution longevity is considered extremely important.\n<\/p>\n<p>\n\u201cWe appreciate the recognition of GE Digital as an APM leader, reflecting our commitment to meeting the needs of companies in the industries we serve,\u201d said Pat Byrne, CEO of GE Digital. \u201cOur goal is to bring simplicity, speed, and scale to our customers\u2019 digital transformation initiatives with software that helps them to better run their business operations. To be recognized as a company that pays attention to customer needs affirms our purpose: transforming how our customers solve their toughest challenges by putting industrial data to work.\u201d\n<\/p>\n<p>\nThe capabilities of GE Digital\u2019s APM offering, according to the Mining industry MarketScape, are considered as a key strength as they encompass the entire requirement for the solution including prescriptive maintenance recommendations. This is supplemented and enhanced by the solution\u2019s existing library of mining-specific asset models. Broad experience in the industry, has enabled GE Digital to develop its offering and improve it over the years, the report says.\n<\/p>\n<p>\n\u201cA strategic approach to APM is to provide industries including Oil and Gas, Utilities, Mining and Manufacturing with a condition-based approach to managing, optimizing, and maintaining assets that can ultimately result in operational efficiency gains, increased asset performance, and cost savings on maintenance and labor costs,\u201d said Kevin Prouty, IDC Group Vice President, Energy and Manufacturing Insights. \u201cWhen selecting a vendor, evaluate industry specific domain knowledge and capabilities and consider an APM offering with existing or future-road-map digital twin capabilities.\u201d\n<\/p>\n<p>\nMore information about GE Digital\u2019s Asset Performance Management solutions can be found <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ge.com%2Fdigital%2Fapplications%2Fasset-performance-management&amp;esheet=52362919&amp;newsitemid=20210115005548&amp;lan=en-US&amp;anchor=here&amp;index=7&amp;md5=9ed6786aafa08f2e60855c013c54e8ea\">here<\/a>.\n<\/p>\n<p><b>About IDC MarketScape<br \/>\n<br \/><\/b>IDC MarketScape vendor assessment 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\u2019s 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.\n<\/p>\n<p><b>About GE Digital<br \/>\n<br \/><\/b>GE Digital is transforming how industry solves its toughest challenges. GE Digital\u2019s mission is to bring simplicity, speed and scale to its customers\u2019 digital transformation activities, with software that helps them to better operate, analyze and optimize their business processes. GE Digital\u2019s product portfolio \u2013 including grid optimization and analytics, asset and operations performance management, and manufacturing operations and automation \u2013 helps industrial companies in the utility, power generation, oil &amp; gas, aviation, and manufacturing sectors put their industrial data to work. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Furldefense.proofpoint.com%2Fv2%2Furl%3Fu%3Dhttp-3A__www.ge.com_digital%26d%3DDwMGaQ%26c%3D9wxE0DgWbPxd1HCzjwN8Eaww1--ViDajIU4RXCxgSXE%26r%3DQFFnSYYqFRbRRg49SEjkb4GVb-WiSSZlnJkLWRFEps9TSOsDXwkSU8QCqgpW4bVK%26m%3DHajC3gVrb6H_W2geKXyrDYcYwNb2tsNGPO1xsJG4zQs%26s%3DmWpGXYyeBtTAvDgY-Qr5zv0DJCNZzkcr3nsVHs8-igI%26e%3D&amp;esheet=52362919&amp;newsitemid=20210115005548&amp;lan=en-US&amp;anchor=www.ge.com%2Fdigital&amp;index=8&amp;md5=33cb7defabf0822afebfc7af129a64e1\">www.ge.com\/digital<\/a>.\n<\/p>\n<p><b><i>Source Material:<br \/>\n<br \/><\/i><\/b><i>IDC MarketScape: Worldwide Oil and Gas Asset Performance Management 2020-2021 Vendor Assessment, Doc #EUR147032820, Dec 2020<br \/>\n<br \/>IDC MarketScape: Worldwide Utilities Asset Performance Management 2020\u20132021 Vendor Assessment, Doc #US46211820, Dec 2020<br \/>\n<br \/>IDC MarketScape: Worldwide Mining Asset Performance Management 2020 Vendor Assessment, Doc #US46211620, Dec 2020<br \/>\n<br \/>IDC MarketScape: Worldwide Manufacturing Asset Performance Management 2020\u20132021 Vendor Assessment, Doc # US47031020, Dec 2020<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210115005548r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210115005548\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210115005548\/en\/<\/a><\/span><\/p>\n<p>\nRachael Van Reen<br \/>\n<br \/>GE Digital<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Rachael.VanReen@ge.com\">Rachael.VanReen@ge.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Data Management Technology Utilities Oil\/Gas Energy Software<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210115005548\/en\/852658\/3\/GE_Digital_Logo_Sans_Blue.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>IDC MarketScape Names GE Digital a Leader in Four Worldwide Asset Performance Management Vendor Assessments GE Digital\u2019s APM recognized for leadership in capabilities across Oil &amp; Gas, Utilities, Mining, and Manufacturing industries Reports show that as demand for operational asset optimization strategies increases around the world, APM software and services have become more valuable GE Digital\u2019s focus on customer intimacy seen as an important differentiator SAN RAMON, Calif.&#8211;(BUSINESS WIRE)&#8211; GE Digital today announced that it has been recognized by IDC\u2019s new Worldwide Asset Performance Management 2020-2021 MarketScapes: Oil &amp; Gas, Utilities, Mining, and Manufacturing. GE Digital\u2019s Asset Performance Management (APM) is a suite of software and service solutions designed to help optimize the performance of assets for industrial companies. APM &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/idc-marketscape-names-ge-digital-a-leader-in-four-worldwide-asset-performance-management-vendor-assessments\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IDC MarketScape Names GE Digital a Leader in Four Worldwide Asset Performance Management Vendor Assessments&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-415951","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IDC MarketScape Names GE Digital a Leader in Four Worldwide Asset Performance Management Vendor Assessments - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/idc-marketscape-names-ge-digital-a-leader-in-four-worldwide-asset-performance-management-vendor-assessments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IDC MarketScape Names GE Digital a Leader in Four Worldwide Asset Performance Management Vendor Assessments - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"IDC MarketScape Names GE Digital a Leader in Four Worldwide Asset Performance Management Vendor Assessments GE Digital\u2019s APM recognized for leadership in capabilities across Oil &amp; Gas, Utilities, Mining, and Manufacturing industries Reports show that as demand for operational asset optimization strategies increases around the world, APM software and services have become more valuable GE Digital\u2019s focus on customer intimacy seen as an important differentiator SAN RAMON, Calif.&#8211;(BUSINESS WIRE)&#8211; GE Digital today announced that it has been recognized by IDC\u2019s new Worldwide Asset Performance Management 2020-2021 MarketScapes: Oil &amp; Gas, Utilities, Mining, and Manufacturing. GE Digital\u2019s Asset Performance Management (APM) is a suite of software and service solutions designed to help optimize the performance of assets for industrial companies. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/idc-marketscape-names-ge-digital-a-leader-in-four-worldwide-asset-performance-management-vendor-assessments\/","og_locale":"en_US","og_type":"article","og_title":"IDC MarketScape Names GE Digital a Leader in Four Worldwide Asset Performance Management Vendor Assessments - Market Newsdesk","og_description":"IDC MarketScape Names GE Digital a Leader in Four Worldwide Asset Performance Management Vendor Assessments GE Digital\u2019s APM recognized for leadership in capabilities across Oil &amp; Gas, Utilities, Mining, and Manufacturing industries Reports show that as demand for operational asset optimization strategies increases around the world, APM software and services have become more valuable GE Digital\u2019s focus on customer intimacy seen as an important differentiator SAN RAMON, Calif.&#8211;(BUSINESS WIRE)&#8211; GE Digital today announced that it has been recognized by IDC\u2019s new Worldwide Asset Performance Management 2020-2021 MarketScapes: Oil &amp; Gas, Utilities, Mining, and Manufacturing. GE Digital\u2019s Asset Performance Management (APM) is a suite of software and service solutions designed to help optimize the performance of assets for industrial companies. 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