Smart Innovators: Asset Integrity And Risk Management Software
27 Jun, 2025
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Executive Summary
This report presents a detailed analysis of the asset integrity and risk management market, highlighting 37 providers with comprehensive capabilities tailored to various industries and use cases. It provides buyers with a high-level assessment of these vendors and their offerings, while helping executives understand how their capabilities compare across seven key assessment criteria: asset information management; asset criticality and risk analysis; inspections management; integrity analytics; integrity operating windows; reporting and compliance; and process safety and risk management. The report also explores the key benefits, drivers and innovations shaping the asset integrity and risk management software market.
Summary for decision-makers
Asset integrity and risk management software is a tenet of asset lifecycle management
Safeguarding asset integrity is critical to long-term operational strategies
Market appetite for asset integrity and risk management software is far from fading
Introducing the asset integrity and risk management software market
Asset integrity and risk management software has diverse origins
Asset integrity and risk management solutions have seven core capabilities
Asset integrity and risk management software improves asset performance, operational safety and regulatory compliance
Dynamic analyses and AI-driven insights are fuelling the next wave of innovation in asset integrity and risk management solutions
Buyers must select vendor solutions offering flexibility across asset types and inspection strategies
Asset integrity and risk management software is a tenet of asset lifecycle management
Safeguarding asset integrity is critical to long-term operational strategies
Market appetite for asset integrity and risk management software is far from fading
Introducing the asset integrity and risk management software market
Asset integrity and risk management software has diverse origins
Asset integrity and risk management solutions have seven core capabilities
Asset integrity and risk management software improves asset performance, operational safety and regulatory compliance
Dynamic analyses and AI-driven insights are fuelling the next wave of innovation in asset integrity and risk management solutions
Buyers must select vendor solutions offering flexibility across asset types and inspection strategies
Figure 1. Evolution of asset integrity and risk management software
Figure 2. Change in spend on industrial transformation initiatives in the next 12 months
Figure 3. Asset integrity and risk management workflow
Figure 4. Asset integrity and risk management software providers: capabilities assessment
Figure 2. Change in spend on industrial transformation initiatives in the next 12 months
Figure 3. Asset integrity and risk management workflow
Figure 4. Asset integrity and risk management software providers: capabilities assessment
Petkim, TWI Software, Yokogawa, Sogatech, Sirfull, Credosoft, ONEIntegrity, OGC, International Organization for Standardization (ISO), ANYbotics, DNV , Vidya Technology, Irth, Equity Engineering, Asint, Cenosco, Imrandd, Fortino Capital, US Pipeline and Hazardous Materials Safety Administration (PHMSA), Hexagon, Velosi, Baker Hughes, US Occupational Safety And Health Administration (OSHA), Elementz, Bentley Systems, Akselos, Asset Integrity Engineering, SOCAR Türkiye, Metegrity, GE Vernova, MentorAPM, SAP, Penspen, Summit Partners, PROtect, ATP, Pinnacle, ROSEN Group, Lloyd’s Register, LifeTech Engineering, Améthyste, AVEVA, VisualAIM, MISC, AllAssets, IBM, MISTRAS Group, Shell, API (American Petroleum Institute), Intertek, Dynamic Risk, World Economic Forum (WEF), Siemens Energy, CorrosionRADAR, Antea Tech, Wood, Aize, PIPECARE Group, Emerson, SABIC
About the Authors
Sayanh Alam
Analyst
Sayanh is an Analyst in the Verdantix Industrial Transformation practice. Prior to joining Verdantix, she completed an MSc in Chemistry with Molecular Physics at Imperial Coll…
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Malavika Tohani
Research Director, Industrial Transformation
Malavika leads the Verdantix Industrial Transformation practice. Her current research agenda focuses on digital technologies for Operational Excellence including digital twins…
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