BPD Zenith acquires Peacock Engineering to accelerate growth
By Gloria Methri
Asset management solutions provider BPD Zenith has announced the acquisition of Peacock Engineering a cloud-managed and mobility-focused enterprise asset management (EAM) specialist.
The acquisition will strengthen BPD Zenith’s position as a leader in the delivery of asset management technologies, which includes Peacock Engineering’s mobility solution, Fingertip.
Fingertip, which was first developed in 2016, provides a real-time data link for asset-driven organisations, extending IBM’s flagship EAM solution Maximo into the field to any site, any location, and any asset. This transforms a field team’s productivity, enables companies to benefit from better asset visibility, and improves process compliance.
The 100% sale of Peacock Engineering to BPD Zenith includes all assets and intellectual property. Its team of 75, across its technical, support, and sales divisions will also be joining the Zenith team. Alan Cambridge and Roger Walker will remain in new group roles, as Group Head of Strategy and Group Head of Innovation.
BPD Zenith, an IBM Platinum Partner, is a provider of EAM solutions for asset-intensive organisations worldwide.
Speaking on the acquisition, Peacock Engineering’s Alan Cambridge said, “We are delighted to be joining BPD Zenith. BPD Zenith is a company with a rich history in the sector. Sharing very similar values to ourselves, it prides itself on the best-in-class delivery of bespoke, innovative asset management solutions that help customers both improve their operational performance and realise greater value from their EAM investment.
“The acquistion will enable the Peacock Engineering team to deliver our solutions, in particular, Fingertip, but also our other IP, to a wider global audience, helping our existing and new customers to make better-informed data-driven decisions.”
Oliver Garthwaite, CEO of BPD Zenith said, “Peacock Engineering is a respected name in the asset management industry, and their expertise in software development and implementation, including Fingertip, will be a valuable addition to our team. This acquisition will help us to accelerate our growth and better serve our customers.”
IBSi Daily News Analysis
January 16, 2024
Asset Management
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