Energy Industry Strengthens Software Amid Changes
MWN-AI** Summary
The energy sector is undergoing significant transformation, driven by the integration of advanced software technologies such as artificial intelligence (AI), automation, and digital twins. According to recent research from the Information Services Group (ISG), modern software solutions have become essential for oil and gas, power, and utility companies striving to adapt to rising demand and complex operational challenges.
ISG's study highlights that enterprises within the energy industry are actively evaluating new technologies to enhance operational resilience and efficiency, especially in light of aging infrastructure and evolving regulatory landscapes. As the sector shifts towards greater electrification and renewable energy sources, the emphasis on predictive maintenance and coordinated asset management is more critical than ever.
Mark Smith, a partner at ISG, emphasizes that these changes create both challenges and opportunities for companies to modernize their technology infrastructure. The move away from manual, reactive maintenance towards predictive and data-driven strategies enables firms to anticipate issues and optimize operation workflows.
ISG's research evaluates 33 software providers, identifying leaders across various categories including enterprise asset management (EAM), predictive maintenance, and digital twin technologies. Notable leaders include IFS, Oracle, and GE Vernova, each recognized for their exemplary rankings in multiple evaluation criteria. They provide platforms that not only enhance safety and reliability but also prepare organizations for future demands.
As the energy sector navigates this era of rapid change, ISG's findings underscore the necessity for companies to choose software solutions that are integrative and driven by AI technologies, enabling them to stay ahead in a competitive landscape. For comprehensive insights, ISG offers detailed reports and rankings to guide energy enterprises in optimizing their software investments.
MWN-AI** Analysis
The energy industry's ongoing transformation is significantly influenced by technological advancements, particularly in software that enhances operational resilience. As reported by Information Services Group (ISG), companies in oil, gas, power, and utilities sectors are increasingly adopting AI, automation, and predictive maintenance technologies to tackle the dual challenges of aging infrastructure and rising demand.
For investors and enterprises, this shift suggests a pivotal opportunity. As the need for cleaner, efficient, and more resilient energy systems grows, the strategic adoption of next-generation software platforms is no longer optional but essential. ISG's research highlights leaders in this space—specifically IFS, GE Vernova, and Oracle—who excelled across critical evaluation metrics. Their success underscores a trend: enterprises must prioritize providers that offer robust, integrated software solutions capable of streamlining workflows and enhancing performance metrics.
Investors should consider companies that not only embrace these technologies but also demonstrate a consistent commitment to innovation. The top-ranked providers are characterized by their comprehensive advisories and capabilities in digital twin technology and predictive maintenance, which are crucial for anticipating operational failures and maintaining asset longevity.
Moreover, as the industry expands toward digitalization, the potential barriers posed by geopolitical disruptions and regulatory changes must be factored into investment decisions. The emphasis on reliability and safety in energy operations compels enterprises to invest in advanced software that can adapt to these evolving challenges.
In conclusion, as the energy sector transforms, there lies substantial upside potential for those engaged with innovative software providers committed to smart grid management and operational excellence. With strategic investment in this area, stakeholders can better position themselves for sustainable growth in a rapidly modernizing landscape.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Enterprises in oil and gas, power and utilities turning to AI, automation, predictive maintenance to boost resilience, prepare for future, new research says
Modern software platforms are increasingly vital to the energy sector as operators seek to meet rising demand while addressing evolving operational challenges, according to new research from global AI-centered technology research and advisory firm Information Services Group ( ISG ) (Nasdaq: III ).
The ISG Buyers Guides™ for Energy, produced by ISG Research, provide the rankings and ratings of 33 software providers and their products to support energy industries. The research finds that both oil and gas and power and utilities operators are evaluating and adopting new technologies, including AI, automation and digital twins, as they upgrade aging infrastructure and improve efficiency and resilience. Increasing electrification, expansion of renewable energy, changing regulations and geopolitical disruptions are reshaping all aspects of energy production and distribution.
“The unprecedented changes occurring across the energy sector present both challenges and opportunities for enterprises to modernize, govern and secure their critical technology infrastructure,” said Mark Smith, partner and chief AI & Software analyst at ISG. “This groundbreaking, comprehensive research is a guide to software providers that are transforming their software portfolios to meet this unique moment and ensure their software is ready for intelligent energy systems of the future.”
The complex infrastructure used in energy operations requires coordinated maintenance, field service, grid oversight and continuous monitoring to ensure safety, reliability and productivity. The industry has moved away from manual processes and reactive maintenance as it faces aging systems, a shrinking workforce and tighter regulations, the research finds. Basic supervisory systems have evolved into platforms that use AI, cloud technologies, IoT data and other advanced components. Digitally connected operations now anticipate problems before they arise, and modern software platforms continue to improve visibility, streamline workflows and strengthen performance.
The key software domains in the energy sector form an integrated ecosystem that supports reliable and efficient operations in both utilities and oil and gas companies, ISG’s research finds. Enterprise asset management (EAM) and asset performance management systems are essential for coordinating maintenance, supply chains and other functions to maintain asset health. Digital twins of systems such as wells, pipelines and power plants help operators improve performance through analytics and simulation. Predictive maintenance uses analytics to anticipate failures, reducing downtime and extending asset life.
Enterprises expect next-generation software to reduce manual effort, streamline workflows and deliver measurable efficiency gains, whether in grid management, customer engagement, digital twins, field service or other functions, the research finds. They should choose providers that improve safety and long-term performance by making operations more data-driven, governed and ready for future requirements.
For its 2025 Buyers Guides™ for Energy, ISG produced three Buyers Guides — Energy, Oil and Gas and Power and Utilities — each with software categories for the essential products in that segment of the energy sector. A total of 33 providers were assessed: ABB, AspenTech, AssetWorks, Bentley Systems, CGI, Comarch, Eaton, ETAP, Fluentgrid, GE Vernova, Hexagon, Hitachi Energy, IBM, IFS, Itron, Kapture CX, KloudGin, Landis+Gyr, Microsoft, Minsait, OATI, Oracle, OverIT, Praxedo, PTC, Ramco, Salesforce, SAP, Schneider Electric, ServicePower, Siemens, Tantalus, Uplight.
ISG Research ranks software providers in five evaluation categories: Overall, Product Experience (incorporating Capability and Platform) and Customer Experience. Providers ranked in the top three for each evaluation category are named as Leaders. Within each platform category, those with the most Leader rankings are named as Overall Leaders.
The Overall Leaders of the 2025 Buyers Guide™ for Energy were the following:
Energy: IFS was the top Overall Leader, followed by Oracle and GE Vernova. IFS was designated a Leader in five evaluation categories, Oracle in five and GE Vernova in four. All three Overall Leaders were rated Exemplary. No providers were rated Innovative.
The Overall Leaders of the 2025 Buyers Guide™ for Oil and Gas were the following:
Oil and Gas: IFS was the top Overall Leader, followed by GE Vernova and Oracle. IFS was designated a Leader in five evaluation categories, GE Vernova in four and Oracle in four. All three Overall Leaders were rated Exemplary. SAP was rated Innovative.
Oil and Gas Digital Twin: GE Vernova was the top Overall Leader, followed by IFS and PTC. GE Vernova was designated a Leader in five evaluation categories, IFS in five and PTC in three. GE Vernova, IFS, IBM and SAP were rated Exemplary. PTC was rated Innovative.
Oil and Gas EAM: GE Vernova was the top Overall Leader, followed by IFS and Oracle. GE Vernova was designated a Leader in four evaluation categories, IFS in five and Oracle in five. All three Overall Leaders were rated Exemplary, along with IBM and SAP. PTC was rated Innovative.
Oil and Gas Field Service Management: IFS was the top Overall Leader, followed by Oracle and GE Vernova. IFS was designated a Leader in five evaluation categories, Oracle in five and GE Vernova in three. All three Overall Leaders were rated Exemplary, along with Salesforce and SAP. IBM was rated Innovative.
Oil and Gas Predictive Maintenance: GE Vernova was the top Overall Leader, followed by IFS and Oracle. Each was designated a Leader in five evaluation categories. All three Overall Leaders were rated Exemplary, along with IBM and SAP. Hitachi Energy was rated Innovative.
The Overall Leaders of the 2025 Buyers Guide™ for Power and Utilities were the following:
Power and Utilities: GE Vernova was the top Overall Leader, followed by Oracle and IFS. Each was designated a Leader in five evaluation categories. All three Overall Leaders were rated Exemplary, along with SAP. No providers were rated Innovative.
Power and Utilities Customer Engagement: IFS was the top Overall Leader, followed by Oracle and Salesforce. IFS was designated a Leader in five evaluation categories, Oracle in five and Salesforce in three. All three Overall Leaders were rated Exemplary, along with GE Vernova, Hitachi Energy, IBM, PTC and SAP. Kapture CX, KloudGin and Praxedo were rated Innovative.
Power and Utilities Digital Twin: GE Vernova was the top Overall Leader, followed by IFS and Oracle. GE Vernova was designated a Leader in five evaluation categories, IFS in four and Oracle in three. All three Overall Leaders were rated Exemplary, along with Siemens. Hitachi Energy and PTC were rated Innovative.
Power and Utilities EAM: GE Vernova was the top Overall Leader, followed by IFS and Oracle. GE Vernova was designated a Leader in four evaluation categories, IFS in five and Oracle in five. All three Overall Leaders were rated Exemplary, along with IBM, PTC and SAP. Hitachi Energy was rated Innovative.
Power and Utilities Field Service: IFS was the top Overall Leader, followed by GE Vernova and Oracle. IFS was designated a Leader in five evaluation categories, GE Vernova in four and Oracle in five. All three Overall Leaders were rated Exemplary, along with IBM, Microsoft, PTC, Salesforce and SAP. Hitachi Energy was rated Innovative.
Power and Utilities Grid: GE Vernova was the top Overall Leader, followed by Oracle and Hitachi Energy. GE Vernova was designated a Leader in five evaluation categories, Oracle in five and Hitachi Energy in three. All three Overall Leaders were rated Exemplary, along with AspenTech, CGI, Schneider Electric and Siemens. ETAP and Hexagon were rated Innovative.
Power and Utilities Predictive Maintenance: GE Vernova was the top Overall Leader, followed by IFS and Oracle. Each was designated a Leader in five evaluation categories. All three Overall Leaders were rated Exemplary, along with IBM and SAP. Hitachi Energy and PTC were rated Innovative.
“Integrated software platforms using AI, automation and analytics enable companies to prepare for ongoing change in the energy sector,” said David Menninger, executive director, ISG research. “This research analyzes providers and their products across the energy spectrum, with rankings and ratings that allow energy enterprises to find the best fit for their requirements.”
The ISG Buyers Guides™ for Energy are the distillation of more than a year of market and product research efforts. The research is not sponsored nor influenced by software providers and is conducted solely to help enterprises optimize their business and IT software investments.
Visit this webpage to learn more about the ISG Buyers Guides™ for Energy and read executive summaries of each of the three reports. The complete reports, including provider rankings across seven product and customer experience dimensions and detailed research findings on each provider, are available by contacting ISG Research.
About ISG
ISG (Nasdaq: III ) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world’s top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260123553043/en/
Press Contacts:
Laura Hupprich, ISG
+1 203 517 3100
laura.hupprich@isg-one.com
Julianna Sheridan, Matter Communications for ISG
+1 978 518 4520
isg@matternow.com
FAQ**
How does Information Services Group Inc. III define the role of AI and automation in transforming the operational efficiency of oil and gas enterprises in its research findings?
Can you elaborate on the specific criteria used by Information Services Group Inc. III to evaluate the software providers in the energy sector?
What challenges do you believe enterprises in the oil and gas and power sectors face as identified by Information Services Group Inc. III, and how can AI help mitigate these issues?
In what ways does Information Services Group Inc. III recommend that enterprises leverage predictive maintenance to enhance asset life and resilience in the energy industry?
**MWN-AI FAQ is based on asking OpenAI questions about Information Services Group Inc. (NASDAQ: III).
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