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ABB Ability Asset Suite EAM vs IFS Cloud Platform vs eQuip Asset Management comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Mindshare comparison

As of April 2026, in the Enterprise Asset Management (EAM) category, the mindshare of ABB Ability Asset Suite EAM is 3.2%, down from 5.8% compared to the previous year. The mindshare of eQuip Asset Management is 2.6%, up from 1.1% compared to the previous year. The mindshare of IFS Cloud Platform is 6.3%, down from 9.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Asset Management (EAM) Mindshare Distribution
ProductMindshare (%)
IFS Cloud Platform6.3%
ABB Ability Asset Suite EAM3.2%
eQuip Asset Management2.6%
Other87.9%
Enterprise Asset Management (EAM)
 

Featured Reviews

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Thangaraj Ramasamy - PeerSpot reviewer
Consultant at Arcwide
Has supported project management and business customization through strong modular flexibility
The cloud feature in IFS Cloud Platform is predominantly valuable, especially the enterprise asset management module, which IFS has very good business into, along with strong finance, project management, and supply chain management modules; these are the major modules that are performing well with IFS, and the cloud options along with user-friendly customizations for any technical developments are additional advantages. The integration of IoT with IFS Cloud Platform is performing well, enabling us to integrate with predominantly any third party through the standard inbuilt connectors that are readily available, and if we need to customize the integration, we can certainly do that too.
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Top Industries

By visitors reading reviews
Government
19%
Energy/Utilities Company
17%
Construction Company
10%
Outsourcing Company
10%
No data available
Manufacturing Company
12%
Computer Software Company
12%
Construction Company
8%
Financial Services Firm
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
By reviewers
Company SizeCount
Small Business14
Midsize Enterprise9
Large Enterprise10
 

Questions from the Community

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What is your experience regarding pricing and costs for IFS Applications?
The product is reasonably priced. The costs are justified by the value provided, considering the comprehensive featur...
What needs improvement with IFS Applications?
When it comes to AI, I feel that is the area where we expect something more from IFS Cloud Platform. They are working...
What is your primary use case for IFS Applications?
Currently, I am working with Arcwide, which is a service industry that predominantly focuses on IFS consulting, inclu...
 

Also Known As

Asset Suite EAM
Visual Asset Manager
IFS Applications, Assyst, IFS Cloud
 

Overview

 

Sample Customers

EPZ, NRG Gladstone
Catoosa County School System, Venable LLP, Southeastern Pennsylvania Regional Task Force, United States Coast Guard
China Airlines, Electrolux Group, Babcock, Cimcorp, Sky, Multiplex, Veolia. 
Find out what your peers are saying about IBM, Infor, IFS and others in Enterprise Asset Management (EAM). Updated: March 2026.
886,174 professionals have used our research since 2012.