Gartner defines the asset performance management (APM) software market as the software and applications that optimize the reliability and availability of industrial operational assets. The market is particularly attractive to asset-intensive industries, including power, utilities, manufacturing, oil and gas, natural resources, telcos, and transportation (excluding aviation, which has specialized requirements). In these industries, asset failure can have a significant impact on service delivery, the bottom-line revenue, and safety and reputation. APM is primarily deployed on industrial assets, including fixed industrial plants and equipment, linear assets or infrastructure, fleets, and facilities.
Computer-Aided Design software is used by designers, engineers, architects, and drafters across several industries to create two-dimensional and three-dimensional models. These 2D and 3D models can be used to explore design ideas, visualize concepts and simulate the physical behavior of a design in the real world. The software provides in-built templates such as flowcharts, mind maps, wireframes, network diagrams, and org charts to create quality as well as detailed design models. The software also allows for instant changes to models enabling collaborative work between team members.
Data and Analytics refers to products and services that enable organizations to collect, integrate, analyze, and act on data to drive informed decision-making and business outcomes. This category includes markets that focus on empowering enterprises to manage data pipelines, ensure data quality and governance, extract insights through advanced analytics, and machine learning across structured and unstructured data environments.
Manufacturing refers to products and services that support the design, production, monitoring, and optimization of industrial and discrete manufacturing operations. This category includes markets that focus on production execution, asset and environmental management, and advanced manufacturing services-enabling organizations to enhance efficiency, quality, sustainability, and innovation across the production lifecycle.