Radix commended in 2025 Verdantix APM buyers guide report

Radix has been recognised in the 2025 Verdantix Asset Performance Management (APM) Buyers Guide, a notable acknowledgment of its expertise in enhancing operational value for asset-intensive industries.

The Verdantix report highlights Radix's longstanding commitment to assisting clients in overcoming operational challenges through strategic cost reductions, streamlined operations, improved safety, and extending asset longevity.

Kiran Darmasseelane, Senior Analyst at Verdantix, stated: "Industrial organizations are increasing spend on consulting services for industrial maintenance and operations over the next 12 months, with the Verdantix report expecting the IAM digital services market to reach USD $2.5 billion by 2025. Radix is seizing on this growing trend by leveraging strong partnerships with AVEVA and Cognite to deliver comprehensive APM and industrial data management services."

"With a proven track record in bespoke integrations, predictive models, digital twins, multi-site deployments, and navigating complex change management challenges, Radix helps firms in high-risk environments, such as pipelines, FPSOs, and power plants, reduce costs, improve asset integrity, enhance reliability, and achieve regulatory and decarbonization goals."

The Verdantix report underscores Radix's significant experience in delivering digital asset management solutions to high-risk industries, including pipelines, floating production storage and offloading units (FPSOs), and power plants. These capabilities have consistently enabled customers to enhance reliability, reduce operational costs, strengthen asset integrity, and meet strict regulatory and sustainability objectives.

Alex Clausbruch, CEO of Radix North America, commented: "APM for many of our customers is vital to their goals of achieving operational excellence. Here at Radix, we enjoy the unique challenges that we can solve for our customers. As a result, they continue to trust our work and come back for more services as we continue to help customers not just in North America, but globally. It is an honour to be mentioned with a stamp of approval by Verdantix. We look forward to helping other asset intensive companies scale."

The Verdantix 2024 survey indicates that a significant 84% of industrial firms intend to boost maintenance budgets, while 46% plan digital transformations for plant operations within the next year. This trend is steering more businesses towards partnering with industrial asset management (IAM) technology providers to modernise maintenance strategies effectively.

Flavio Guimaraes, Chief Practices & Alliances Officer at Radix, remarked: "As we continue to grow our portfolio at Radix, I am proud of our entire company and everything we have been building in the past 15 years, and we are also honoured for being recognized by Verdantix. This auspicious acknowledgement shows the value of our expertise and the trust our customers have in Radix; highlighting our work in the market in Asset Performance Management."

The Verdantix annual asset management report provides insights into 12 IAM implementation providers, aiding executives in tackling asset maintenance challenges and forming successful asset management partnerships and strategies.