Octave Named a Leader in IDC MarketScape for Enterprise Asset Management

Octave, a dedicated software company preparing to spin off from Hexagon (headquartered in Alabama, USA), 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, assessing their ability to meet evolving requirements such as maintenance, reliability, mobility, customizability, and AI-driven workflows. The report comprehensively evaluated Octave's strategies and capabilities, positioning its Enterprise Asset Management (EAM) solution, "Octave Attune EAM" (formerly HxGN EAM), in the Leader category.

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

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

The IDC MarketScape noted: "Hexagon's (now Octave) partner ecosystem is extensive, with a total of 340 HxGN EAM partners, including independent software vendors (ISVs) and consulting and 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 Q4 2024 and becoming 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, with support for agentic AI expected in 2026."

Joe Nichols, Vice President of Product Management for the Operate segment at Octave, commented: "Being positioned as a Leader in the IDC MarketScape is a testament to Octave's ongoing commitment to helping organizations manage, maintain, and optimize critical assets throughout their entire lifecycle. This recognition reflects our innovation..."