ABS Consulting partners with Ultimo to enhance asset management
The arrangement will see ABS Consulting providing end-to-end implementation, seamless data integration and ongoing support for Ultimo's cloud-based enterprise asset management (EAM) platform. According to both companies, this is intended to enable clients to transition from reactive maintenance approaches towards proactive, data-driven asset strategies, aiming to maximise asset value, mitigate operational risks and achieve cost efficiencies.
Partnership details
Harriett Turner, Vice President, Operational Risk at ABS Consulting, said the partnership would enhance the company's ability to support clients in asset management. In her statement, she noted: "Our collaboration with Ultimo enhances our ability to deliver innovative asset management solutions. By integrating Ultimo's cutting-edge technology with our decades of expertise in risk management and operational reliability, ABS Consulting is well placed to help clients maximise the value of their assets. This collaboration allows us to provide specialised strategies that not only optimise operations but also influence long-term value through enhanced safety, reduced downtime and measurable cost savings."
Maddy Hawkins, Head of Partnerships for Americas at Ultimo, commented on the strengths that ABS Consulting brings to the collaboration: "ABS Consulting brings an incredibly talented team of asset management and reliability experts with a phenomenal track record of customer success to our growing network in North America. As AI and advanced technologies become increasingly important in asset management, Ultimo is committed to leading the way in shaping the future of EAM, and we are confident that ABS Consulting will help us deliver tangible results."
The partnership is positioned to help industrial businesses apply EAM solutions that suit their sectors' specific needs, covering both operational technology and digital asset oversight. ABS Consulting's experience and Ultimo's cloud-based technology are expected to play a part in improving maintenance practices and asset visibility for clients.
Enterprise asset management focus
ABS Consulting stated that the collaboration reflects its own standards for innovation and customised solutions for clients. Ultimo's ongoing product development, focus on research, and commitment to expanding its network were cited as factors that complement ABS Consulting's mission.
The integration of EAM technology with ABS Consulting's risk management services will be aimed at supporting global industrial firms to maintain regulatory compliance, operate safely and seek long-term financial resilience. The companies expect their combined approach will deliver value by aligning maintenance processes with data-led decision making and operational best practices.
Background on the firms
ABS Consulting provides risk management, engineering and data science services, with experience supporting marine and offshore, oil, gas and chemical, government, power and energy, and industrial clients. The company employs more than 700 people worldwide.
Ultimo delivers EAM solutions to more than 2,400 customers internationally, supporting over 120,000 technicians who oversee more than 15 million assets. Its software suite is designed to address maintenance, uptime, safety, cost control and efficiency requirements for clients in manufacturing, logistics and healthcare.
With the new partnership, ABS Consulting and Ultimo aim to help industrial firms respond to challenges around maintenance, asset reliability and compliance, supporting them in adopting EAM systems that are tailored to sector-specific operational priorities and safety objectives.
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