Itus Digital Announces Acquisition of nextAPM
Itus Digital and nextAPM join forces to provide integrated solution which enables rapid deployment and ongoing value creation of Asset Performance Management initiatives at scale.
Itus Digital today announced the acquisition of nextAPM to support the growing demand for the implementation of its Asset Performance Management (APM) solution. The acquisition allows Itus Digital to further expand the ability to onboard new clients in addition to providing key operational and support functions as the Itus Digital install base grows.
nextAPM was founded in 2018 by APM industry veterans to provide Asset Performance Management consulting services for those seeking to implement, upgrade or enhance the use of their APM systems. Since its founding, nextAPM has experienced continued growth as clients have leveraged their extensive experience and resources for data integration, system configuration, application support as well as the development of asset strategies and performance dashboards.
“nextAPM has brought together a very experienced team, are trusted advisors to their clients, and have demonstrated a proven track record of successful delivery on APM deployment projects large and small,” said Joe Nichols, President, Itus Digital. “As the Itus client base expands, nextAPM capabilities are a perfect fit to support our rapid onboarding and as-a-service business model and we are excited to have them join the Itus Digital team.”
“We have worked with the Itus Digital team over the last year and are very impressed with the solution they have launched into the APM market,” said Nate Underwood, Managing Partner, nextAPM. “As a combined team there is a natural fit for our core capabilities in client data management, systems integration and application support which will be fully integrated with the Itus solution.” “We also see a significant growth opportunity in the APM consulting services market through expansion of our offerings which accelerate the implementation of asset strategies and twin models which is a core component of the Itus Digital mission and vision. We’re excited to bring our decades of APM implementation experience to Itus Digital and continue to put our focus and energy where we believe it needs to be, on our clients.”
To learn more, check out the whole article below.