Octave Recognized as a 'Leader' in Enterprise Asset Management by IDC MarketScape

Octave (Headquarters: Alabama, USA), a pure-play software company slated to spin off from Hexagon, announced today that it has been named a Leader in the IDC report titled "IDC MarketScape: Worldwide AI-Enabled Asset-Intensive Enterprise Asset Management Applications 2025–2026 Vendor Assessment" (#US52977525, December 2025).

The IDC MarketScape evaluated vendors serving organizations with complex, asset-intensive environments on their ability to meet evolving requirements in areas including maintenance, reliability, mobility, customizability, and AI-enabled workflows. The report comprehensively assessed Octave's strategy and capabilities, resulting in the positioning of its Enterprise Asset Management (EAM) solution, "Octave Attune EAM" (formerly HxGN EAM), in the Leader category.

Octave is further strengthening its presence in the EAM market by combining rich domain expertise, an extensive partner network, and a unique approach to customer engagement. The Octave Attune EAM platform supports both cloud and on-premises environments, helping organizations efficiently process work orders, track assets, manage inventory, and handle safety compliance within large-scale and complex operations.

Octave's AI approach focuses on three key areas: "enhancing the value of data," "improving employee productivity," and "utilizing the generative AI engine 'Octave Aria' (formerly HxGN Alix) to provide insights across the entire asset lifecycle." Additionally, Octave plans to add more advanced agentic AI capabilities later this year.

The IDC MarketScape notes: "Hexagon's (now Octave) partner ecosystem is extensive, totaling 340 HxGN EAM partners including independent software vendors (ISVs) and consulting/sales partners."

Brian O'Rourke, Research Manager for Enterprise Asset Management and Smart Facilities at IDC, stated: "Hexagon's (now Octave) generative AI strategy is already underway, with the AI-powered assistant 'Octave Aria' (formerly HxGN Alix) introduced in the fourth quarter of 2024 and available across the company's entire product portfolio throughout 2025. Furthermore, Octave is well-positioned to support asset-intensive industries in many markets around the world, and support for agentic AI is expected to be provided in 2026."

Joe Nichols, Vice President of Product Management for the Operate area at Octave (Joe Nichols), said: "Being positioned as a Leader in the IDC MarketScape is a testament to Octave's ongoing commitment to helping organizations manage, maintain, and optimize their critical assets throughout their entire lifecycle. We believe this recognition confirms our 'innovation mindset,' our 'dedication to listening to our customers,' and our commitment to 'providing practical AI tools that help organizations make better decisions.'"

Octave was also positioned as a major player in two other EAM-specific IDC MarketScapes announced this year:

• IDC MarketScape: Worldwide AI-Enabled Utilities Enterprise Asset Management Applications 2026 Vendor Assessment (#US52984926, February 2026) – The report notes that "Hexagon's (now Octave) linkage and integration of HxGN EAM (now Octave Attune EAM) with HxGN NetWorks (now Octave NetWorks) and GIS platforms enables essential spatial information-enabled asset planning, outage response coordination, and maintenance optimization for electric, water, gas, and multi-utility operators."

• IDC MarketScape: Worldwide Oil and Gas AI-Enabled Enterprise Asset Management 2026 Vendor Assessment (#US52984326, January 2026) – The report states that "Hexagon's (now Octave) strengths in highly customizable workflows, robust data integration and management, extensibility via Python Studio, and rich visualization tools that help organizations make faster, more informed decisions demonstrate its superiority in the EAM market."

About IDC MarketScape

The IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of IT suppliers and service providers in a given market. This study uses a rigorous scoring methodology based on both qualitative and quantitative criteria to represent each company's position within a specific market in a single graphical figure. The IDC MarketScape provides a clear framework that allows for the meaningful comparison of the product and service offerings, capabilities, and strategies, and current and future market success factors of IT vendors. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About Octave

The asset lifecycle of critical infrastructure demands high levels of performance, safety, and reliability at every stage—from design and construction to operation, maintenance, and protection. Octave provides mission-critical software that enables organizations to make informed decisions even in these challenging environments. By transforming complex operational data into actionable intelligence, and combining domain expertise with situational insights and enterprise-wide data, Octave helps organizations improve performance, resilience, and incident response where it matters most. Octave has approximately 7,200 employees and operations in 45 countries. For more information, please visit octave.com. You can also follow our official LinkedIn page.