Latest news with #AssetPerformanceManagement
Business Wire
3 days ago
- Business
- Business Wire
CAMS Named One of the Americas' Fastest-Growing Companies by the Financial Times
HOUSTON--(BUSINESS WIRE)--Consolidated Asset Management Services (CAMS), a fully-integrated service provider for owners of energy infrastructure assets, announced today that it was ranked one of the Americas' Fastest-Growing Companies in 2025 by the Financial Times. This award is granted to 300 companies who experienced the strongest revenue growth from 2020 to 2023. This achievement underscores the dedication of our team and our commitment to innovation in the energy sector. The Financial Times and Statista's annual ranking assesses North and South American companies by their three-year revenue compound annual growth rate (CAGR). CAMS was selected from thousands of applicants across various industries and has been named to the list for the second time, with the previous recognition occurring in 2023. 'We are thrilled to be recognized by the Financial Times for our rapid growth,' said Joseph W. Sutton, CEO and Founder of CAMS. 'This achievement underscores the dedication of our team and our commitment to innovation in the energy sector. By expanding our renewable energy footprint and introducing new service offerings, we continue to push the boundaries of what's possible in providing comprehensive solutions for our clients. As we look ahead, we remain focused on enhancing our services and exploring new avenues to support the evolving needs of the energy infrastructure industry.' CAMS' revenue grew by more than 70% from 2020 to 2023. This increase in revenue was facilitated by the expansion of its renewable energy footprint through CAMS' Energy Transition Services. CAMS acquired a U.S. solar operations and maintenance company and partnered with a leading battery energy storage and software technology providers to deliver the first comprehensive service offerings to the battery energy storage market in the U.S. In 2023, CAMS introduced two new service offerings, Strategic Control Services, which allows CAMS to monitor and control power generation assets in real time through its next-generation remote operations center, and Staffing Solutions, designed to streamline workforce management and provide cost-effective services for clients to address their staffing needs. CAMS continually seeks innovative methods for expansion. In 2024, the company introduced Asset Performance Management (APM), which utilizes real-time predictive analytics to enhance plant management. This service integrates anomaly detection, thermal performance, and machinery dynamic tools, ensuring optimal efficiency and precision. By 2025, CAMS launched a solution aimed at securing reliable, scalable, and cost-effective power for data centers, thereby paving the way for new opportunities. About CAMS CAMS is a privately held company providing Operations and Maintenance (O&M), Asset Management, Environmental, Social, and Governance (ESG), and Optimization services for energy and infrastructure assets. Our founding principle is to add value through superior management and operation of our clients' energy infrastructure assets. To this end, we empower our employees to pursue creative and sustainable business practices in the field and at our corporate office that contribute to operational excellence, financial performance, a safe workplace, and a better community and environment. We do not take this responsibility lightly: We treat the assets with which we are entrusted as our own. For additional information, visit
Yahoo
11-04-2025
- Business
- Yahoo
Asset Performance Management (APM) Market on a Steady Growth Path: Projected to Grow Through 2030 at CAGR 12.20%
Sustainable 12.20% CAGR Reflects Enduring Asset Performance Management Demand Across Sectors Middleton, Massachusetts, April 11, 2025 (GLOBE NEWSWIRE) -- QKS Group, a premier market intelligence and advisory firm, has released its latest in-depth analysis of the global Asset Performance Management (APM) Market, projecting a compound annual growth rate of 12.20% through 2030. The new reports - 'Market Share: Asset Performance Management (APM), 2024, Worldwide & Regional Report' and 'Market Forecast Asset Performance Management (APM), 2025-2030, Worldwide & Regional Report' - the market is expected to grow at a compound annual growth rate of 12.20% through 2030. This analysis equips businesses with the strategic intelligence needed to navigate the dynamic APM landscape and make informed decisions as the market continues to evolve. The Next Growth Frontier in Asset Performance Management Platforms APM solutions are transitioning from reactive maintenance to AI-driven predictive and prescriptive frameworks. Industries like energy, manufacturing, oil & gas, and utilities now prioritize systems that enhance asset reliability, reduce downtime, and optimize lifecycle costs. With aging infrastructure and sustainability mandates, enterprises are adopting APM to balance operational resilience with capital efficiency. According to Akaash R, Senior Analyst at QKS Group, 'APM is no longer just about maintenance - it's a strategic lever for operational excellence. The fusion of IoT, digital twins, and machine learning is enabling real-time asset health monitoring, transforming how industries mitigate risks and maximize ROI.' Key Market Insights from QKS Group's Report Global and Regional Market Analysis: A deep dive into worldwide and regional APM platform adoption trends, competitive landscapes, and future growth projections. Competitive Benchmarking: A comparative analysis of top APM vendors, their market positioning, and strategic differentiators. Industry Adoption Trends: Insights into which sectors are investing most heavily in APM solutions and why. Technology Disruption & AI's Role: AI-powered predictive maintenance, cloud-based analytics, and integration with GIS systems are redefining asset management paradigms. Market Leaders & Competitive Landscape The report covers key industry players, including ABB, Aspen Technology, AVEVA, Baker Hughes, Bentley Systems, Cognite, Emerson, GE Vernova, Hexagon AB, Hitachi Energy, IBM (Maximo), IPS Energy, Honeywell, Rockwell Automation, SAP, SymphonyAI, Yokogawa, Upkeep, and Xempla. Why This Matters for Asset Performance Management Vendors? For CEOs, CFOs, and CSOs of Asset Performance Management solution providers, these insights are critical for uncovering unmet industrial needs, sharpening product-market fit, and future-proofing competitive positioning. As industries double down on digital operations and predictive maintenance, APM vendors must ensure their offerings deliver scalable deployment, seamless IT/OT integration, and advanced analytics capabilities that unlock measurable asset longevity, safety, and return on assets (ROA). Get Access to Exclusive Market Insights (single report or subscription offering) Market Share: Asset Performance Management (APM), 2024, Worldwide: Market Forecast Asset Performance Management (APM), 2025-2030, Worldwide: The comprehensive research package includes: Most Comprehensive Market Forecast Analysis: A separate market forecast report for each of the regions, including North America, Asia Pacific, European Union, MEA, Latin America Unmatched Competitive Analysis: A separate market share report for each of the regions, including North America, Asia Pacific, European Union, MEA, Latin America QKS TrendsNXT on APM market QKS TAMSAM Insights report on the Asset Performance Management market Exclusive Analyst Advisory Sessions for strategic decision making and validation About QKS Group QKS Group, formerly Quadrant Knowledge Solutions, is a leading global advisory and research firm, dedicated to empowering technology innovators to accelerate their growth journeys and enable technology adopters to achieve their digital transformation objectives. Click below to learn more about Competitive Intelligence Service: To gain access to the full market insights, growth forecasts, and competitive analysis, Connect: Shraddha Roy PR & Media Relations QKS Group Regus Business Center 35 Village Road, Suite 100, Middleton Massachusetts 01949 United States Email: shraddha.r@ Content Source: Connect with us on LinkedIn- CONTACT: Shraddha Roy PR & Media Relations QKS Group Regus Business Center 35 Village Road, Suite 100, Middleton Massachusetts01949 United States Email:shraddha.r@ in to access your portfolio
