Prometheus Group has acquired Actenum Corporation to enhance its enterprise asset management capabilities by integrating Actenum's AI-driven scheduling technology.

Target Information

Actenum Corporation, headquartered in Vancouver, Canada, specializes in AI-powered scheduling and optimization software tailored for asset-intensive industries, particularly within the oil and gas sector. Their flagship product, Actenum Decision Support and Optimization (DSO) software, is designed to simplify intricate scheduling challenges, enhance capital efficiency, and lower operational costs associated with well delivery, turnarounds, and asset development planning.

The innovative technology developed by Actenum transforms complex operational data into actionable insights that enhance throughput and resource utilization, making it a key ally in improving productivity and profitability for organizations targeting efficiency in their operations.

Industry Overview

The enterprise asset management (EAM) software industry is essential for companies that depend on assets to drive revenue. The market has seen noteworthy growth globally, reflecting the increasing need for enhanced efficiency and operat