IFS Ultimo has announced its recognition as “a Leader” in the 2024 Verdantix Green Quadrant® report for Enterprise Asset Management (EAM) Software. In the report, IFS Ultimo is acknowledged for strong capabilities in business intelligence, robust integrations, its slick user interface and flexible pricing. This marks the second consecutive report where Ultimo has achieved Leader status; a consistent standing since 2022.
- IFS Ultimo earns coveted “LEADER” recognition for second consecutive Verdantix Green Quadrant®: EAM Software report
- Industrial software company is acknowledged for strong capabilities in business intelligence, robust integrations, flexible pricing and slick user interface
- Achieves top position for both market momentum and product capabilities
This Verdantix Green Quadrant® analysis benchmarks the most prominent EAM software vendors in the market and surveys decision makers on operational excellence initiatives. The report indicates several trends influencing growth in the EAM space, including mobile functionality, rapid implementations and analytics for predictive maintenance strategies.
Based on the Green Quadrant analysis, Ultimo earned a top position for both market momentum and product capabilities in the Leaders’ Quadrant.
This leader standing is a testament to the investments Ultimo is making in its growth. In the last year, the company has increased investment in research and development, expanded marketing to drive awareness, and has grown its network of certified partners by almost 50 percent – all while maintaining its outstanding 98 percent customer retention rate.
In addition, Ultimo is committed to equipping customers with functionality that can play an important role in the execution of their environmental, social and governance (ESG) initiatives. These capabilities aid customers in maintaining compliant work environments, support reliability and reproducibility of information, map energy consumption and more.
Johan Made, CEO, IFS Ultimo, said, “Receiving recognition from a highly respected research firm like Verdantix underscores the strong momentum behind our growth and success. Since joining IFS Ultimo in January 2024, I’ve been continually impressed by the excellence of our product and the unwavering dedication of our team. Together, we consistently deliver measurable business value to our customers, ensuring their success, as well as offering capabilities that support them on their sustainable asset management journey.”
“IFS Ultimo offers standardized integrations with Microsoft Dynamics 365 and SAP, as well as custom integrations with Oracle and Infor,” explains Hugo Fuller, Senior Analyst, Verdantix. “The firm also has several integrations with connected worker solutions, including those offered by XMReality, Microsoft HoloLens, and POKA, which was also acquired by IFS, in 2023. IFS Ultimo has also built an extensive partnership network with implementation and technology partners. Partners include APM solution provider AVEVA, GIS technology provider Esri, and SAP.”
To learn more about the 2024 Verdantix Green Quadrant®: EAM Software report, visit here.
Frequently Asked Questions
If your organization utilizes capital-intensive assets, IFS Ultimo’s best-of-breed EAM is an invaluable tool for optimizing your asset management. Ultimo excels in manufacturing, logistics, healthcare, infrastructure and utility sectors.
Ultimo excels at managing manufacturing, logistics, healthcare, infrastructure and utility-related assets. The scope of the system is also perfectly suited to combine two or more industry solutions, to make sure all assets within your organization benefit from our best-of-breed EAM product. We even optimize asset management for the BEAT Cycling team in the Netherlands and the AJ Foyt Indy 500 racing team in the United States.
IFS Ultimo offers clarity about your assets, in terms of hierarchy, relation and location. By registering all relevant information about your assets, you build towards a greater understanding of your assets, which will bring you the insight needed to take well-informed decisions to extend their longevity and improve their availability.
