Strategic Focus: High Value Use Cases And Benefits Of Asset Investment Planning Software

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Executive Summary

Software applications to assist with capital planning have existed since the early days of enterprise resource planning (ERP) – however, these systems only digitized the previous pen and paper processes. Now, a new wave of more sophisticated solutions are available that use digital twins, probabilistic models and comprehensive data integrations to forecast long-term capital expenditure and model risks and uncertainties, as well as to quantify sustainability values. This report is for senior executives across operations, engineering and finance teams in heavy asset industries who are responsible for long-term capital planning and who are considering software for this need. The report details the drivers behind the growth of the asset investment planning (AIP) software market and considers the various usage scenarios this software addresses. The report concludes by detailing four types of firms that should consider using AIP software.

Table of contents

Asset Investment Planning Software Market Tackles Tough Customer Challenges
Appetite For Asset Investment Planning Software Rises, Driven By Multiple Factors
Industrial Firms Leverage AIP Software To Enhance Long-Term Strategic Decision-Making 
Firms Looking To Benefit Across Four Key Areas Should Consider Using AIP Software

About the authors

Sebastian Winter

Industry Analyst
Sebastian is an Industry Analyst in the Verdantix Operational Excellence practice. His research agenda covers digital twins for industrial facilities, asset management software, and connected worker platforms. Sebastian also delivers market strategy, voice of the customer, thought leadership, CDD, and digital strategy advisory pieces. Prior to joining Verdantix, Sebastian worked for Trucost, a division of S&P Global, and held positions in China, Brunei and Kenya. Sebastian holds an MSc Environmental Technology from Imperial College London.

Malavika Tohani

Research Director

Malavika leads the Verdantix Operational Excellence practice. Her current research agenda focuses on digital technologies for Operational Excellence including digital twins and software solutions for industrial risk and asset management. Malavika has over 15 years’ experience in research and strategy consulting. Malavika previously worked at Frost & Sullivan, managing and delivering advisory projects for clients involving expansion, acquisition, benchmarking and product development strategies. Malavika holds a MSc in Economics from Madras School of Economics.

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