Exciting news for the Asset Performance Management (APM) industry! Hexagon, a recognized leader in digital reality solutions, recently acquired Itus Digital, a Roanoke, Virginia-based provider of innovative APM software. This strategic move strengthens Hexagon's position in the APM market by integrating Itus Digital's capabilities with their industry-leading HxGN EAM platform.

This acquisition promises significant benefits for customers, including:

• Enhanced asset reliability and availability
• Minimized downtime and operational costs
• Improved decision-making through data-driven insights

Quadrant Knowledge Solutions chimes in!

As this acquisition underscores the growing importance of APM, we're thrilled to announce the completion of our brand new study titled "Asset Performance Management (APM)." This in-depth analysis explores the key trends, challenges, and opportunities shaping the APM landscape.

By combining the insights from our study with the capabilities of leading vendors like Hexagon, organizations can make informed decisions to optimize their asset performance and achieve significant operational gains.

Stay tuned! We'll be sharing more details about our APM study soon.

Author: IGNATIUS DANIEL T., Analyst at Quadrant Knowledge Solutions