Sayanh Alam

2 months ago | verdantix.com | Sayanh Alam

With a large number of heavy-industry assets nearing decades of use – and approaching retirement – the risk of failure is an ever-present concern for both operations teams, who prioritize availability, efficiency and uptime; and process safety teams, who want to mitigate asset failure to reduce the risk of major safety incidents and regulatory non-compliance.

Oct 25, 2024 | verdantix.com | Sayanh Alam

Industrial data management software seeks to address the unique needs of asset-heavy and resource-intensive industries, by providing connectivity between information technology (IT) and operational technology (OT) systems; optimizing storage and access to high-volume time-series data – while improving quality by eliminating duplicates, and anomalous and stale data; and adding meaningful context to operational data. In 2023, spend on industrial data management software amounted to $2.1 billion.

Oct 1, 2024 | verdantix.com | Sayanh Alam

Hitachi Digital Services (HDS) held its first EMEA-focused analyst and advisor day on 11th September, 2024 in London, UK. Spun off from Hitachi Vantara in late 2023, HDS primarily offers services across IT and OT (operational technology) integration, data management, cloud computing and enterprise AI solutions.

Jul 15, 2024 | verdantix.com | Sayanh Alam

The 2024 Verdantix Green Quadrant: Asset Performance Management Software report assesses 20 asset performance management (APM) software vendors on their products’ technical and functional capabilities and their market momentum. Our research entailed two-hour live software demos with participants, responses to a 137-point factual questionnaire, interviews with 30 corporate APM software buyers and desk research.

May 9, 2024 | verdantix.com | Sayanh Alam

On April 23rd, 2024, US-headquartered DataOps software provider HighByte announced that it had raised $12 million in a Series A funding round led by Standard Investments, an investment platform focused on industrial technology. Since its founding in 2018, HighByte has received $7.9 million in equity funding, and the provider witnessed triple-digit year-on-year organic growth in 2023.