Brightly Software, the global intelligent asset management solutions provider, announced it has been recognized as “a Leader” in the Verdantix Green Quadrant®: Asset Investment Planning Software 2023 report. In the report, Brightly is acknowledged for delivering advanced, all-around AIP software capabilities to the global market, including strengths in user interfaces, asset performance modelling, and long-term investment planning capabilities.
Why was Brightly named a leader by Verdantix?
Additionally, the new Verdantix report also acknowledges Brightly’s momentum in financial resources, organizational resources, vision and commercial strategy, and partnerships. This Verdantix Green Quadrant® report analyzes prominent Asset Investment Planning Software vendors worldwide and surveys corporate users and operational efficiency decision makers.
The analysis outlines trends driving growth in the AIP space, including aging assets and the greater integration of KPIs within operational strategies and benefits like improved decision-making, reduced risk, compliance with regulations and access to climate risk analysis (Source: Verdantix, Green Quadrant: AIP Software 2023). Based on market momentum and product capabilities within the Green Quadrant, Brightly earned a top position in the Quadrant.
“Spend on Asset Investment Planning software is set to grow, with providers across the globe looking to differentiate by offering end-to-end asset lifecycle capabilities, enhancing ESG capabilities, leveraging machine learning (ML) analytics, developing lightweight applications, upgrading usability and improving connectivity with other asset management solutions,” commented Kiran Darmasseelane, Senior Analyst, Operational Excellence at Verdantix.
“Brightly Software, as a Leader in the market, is well positioned to deliver a strong Asset Investment Planning offering with visual what-if scenario modelling for custom long-term investment plans, test funding scenarios and manage budgets,” Darmasseelane added.
What does the recognition mean for Brightly?
Kevin Kemmerer, CEO at Brightly, said, “As firms face economic pressures and a heightened emphasis on ESG, capital planning and operational efficiency remain critical for organizations to make strategic decisions about asset management, maintenance and capital investment.”
“Efficiency is everything, and with our ability to predict asset performance over 1-100 years with non-linear optimizations and industry-specific deterioration patterns, we’re supporting organizations in making optimal short- and long-term investment planning decisions. Being recognized as a Leader is validation of our mission to lead the way to a bright future.”
“The landscape for AIP has evolved and the report supports our work developing a solutions portfolio to address our global clients’ greatest asset management challenges. We’re pleased to see our innovation efforts recognized by an independent analyst firm like Verdantix and we will continue to partner with organizations on their journey toward sustainable asset lifecycle prediction and management,” said Brian Bell, Senior Vice President, Strategy at Brightly.
Brightly recently celebrated the one-year mark since its acquisition by Siemens Smart Infrastructure (SI) to deliver superior performance and sustainability for built infrastructure. Together with Siemens, Brightly continues to invest in its portfolio of asset and energy management solutions and asset investment planning software to better support global organizations in making smarter, data-driven decisions to improve asset outcomes.
For more about the report, visit the website. For more about Brightly’s offerings, visit here.
