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ABB Ability Asset Suite EAM vs IFS Cloud Platform vs Oracle Enterprise 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 February 2026, in the Enterprise Asset Management (EAM) category, the mindshare of ABB Ability Asset Suite EAM is 3.4%, down from 6.5% compared to the previous year. The mindshare of IFS Cloud Platform is 7.0%, down from 9.0% compared to the previous year. The mindshare of Oracle Enterprise Asset Management is 8.5%, down from 10.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Enterprise Asset Management (EAM) Market Share Distribution
ProductMarket Share (%)
IFS Cloud Platform7.0%
Oracle Enterprise Asset Management8.5%
ABB Ability Asset Suite EAM3.4%
Other81.1%
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.
Nadun Gamage - PeerSpot reviewer
Controller Software Applications support at SAUDI CEMENT
The product is not user-friendly, and it is very expensive, though it is highly stable
I rate the ease of initial setup a five out of ten. It's not so difficult to set up and configure the product, but it is not entirely easy. We need a set of experienced people to deploy the solution. However, people with experience in Oracle are not difficult to find.
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Top Industries

By visitors reading reviews
Government
27%
Energy/Utilities Company
18%
Insurance Company
8%
Performing Arts
8%
Computer Software Company
13%
Manufacturing Company
12%
Comms Service Provider
7%
Financial Services Firm
6%
Manufacturing Company
12%
Government
9%
Computer Software Company
9%
Energy/Utilities Company
6%
 

Company Size

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

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...
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Also Known As

Asset Suite EAM
IFS Applications, Assyst, IFS Cloud
No data available
 

Overview

 

Sample Customers

EPZ, NRG Gladstone
China Airlines, Electrolux Group, Babcock, Cimcorp, Sky, Multiplex, Veolia. 
averda, Eaton Corp., Hover Automotive India Pvt. Ltd., Kalpataru Ltd, SITA, United Automotive Electronic Systems Co. Ltd., Yarra Valley Water, KEC International Ltd., eVerge Group, Cerner Corp., Standard Life, Company RS a.d. Banja Luka (Telekomunikacije RS a.d., Banja Luka Telecommunications
Find out what your peers are saying about IBM, Prometheus Group, Infor and others in Enterprise Asset Management (EAM). Updated: January 2026.
881,757 professionals have used our research since 2012.