Ventyx Named a Leader in North America Distribution Management Market by Prominent Industry Analyst Firm
IDC Energy Insights study helps utilities rank DMS vendors that best meet today's and tomorrow's needs
ATLANTA, May 14, 2012 /PRNewswire/ -- Ventyx, an ABB company, today announced that the company has been named a leader in the North America distribution management system (DMS) market by industry research firm IDC Energy Insights. The IDC Energy Insights MarketScape North America Distribution Management System 2012 Vendor Assessment (Doc# EI232876), February 2012 study recognized Ventyx for its leadership in delivering DMS solutions that help utilities meet today's needs and address future requirements of the market.
"The Ventyx Network Manager product includes DMS, distribution SCADA and an outage management system (OMS) solution, and it interfaces to all of the company's primary systems including business and grid analytics, data warehouse/historian, SCADA, mobile workforce management, enterprise asset management, demand response management system and ABB hardware (RTUs and IEDs)," said Marcus Torchia, research manager, Smart Grid Strategies, for IDC Energy Insights. "With Ventyx's utility enterprise software suite, the combined offering is among the most complete on the market today."
According to IDC Energy Insights, the DMS MarketScape study is based on a comprehensive set of qualitative and quantitative criteria, and on factors expected to be most conducive to success in a given market during the short and the long term. Vendors ranked as leaders in the study rank high in both current capabilities (e.g., offering, go-to-market capabilities, business execution, etc.) and in key indicators of a successful longer-term strategy (e.g., product roadmap, future integration strategy, pricing model and growth strategy).
"As our research shows, Ventyx offers one of the most robust and complete DMS offerings on the market today," said Torchia. "Additionally, Ventyx has been at the forefront of integrating IT and operations technology, which allows its customers to extract greater value across these normally segregated systems by enabling better decision-making enterprise-wide and aligning operational areas with overall business goals."
Simon Crisp, senior vice president, product management for Network Control at Ventyx, said, "We are extremely pleased that IDC Energy Insights has recognized the Ventyx Network Manager DMS solution as a leading application for distribution management. Ventyx has long been the global leader in supplying real-time systems that electric organizations use to manage and optimize power system operations. Now, with integrated volt/VAR optimization and FLISR, our DMS solution promises to deliver even greater value to our clients today, and will assist them with meeting the evolving challenges of operating the smart grid of the future."
The IDC MarketScape vendor-analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single, graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About Ventyx
Ventyx, an ABB company, is a world-leading supplier of Industrial Enterprise Software for essential industries such as energy, mining and public infrastructure. Ventyx solutions bridge the gap between information technologies (IT) and operational technologies (OT), enabling clients to make faster, better-informed decisions in both daily operations and long-term planning strategies. Some of the world's largest organizations rely on Ventyx solutions to minimize risk, enhance operational and financial performance, and execute the right strategies for the future. For more details, see www.ventyx.com.
SOURCE Ventyx
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