BPD Zenith, a world-leading asset management solutions provider, has today announced the acquisition of managed cloud and mobility-focused enterprise asset management (EAM) specialist, Peacock Engineering Limited.
The acquisition of Peacock Engineering, a gold partner of IBM and IFS, will further strengthen BPD Zenith's position as a global leader in the delivery of asset management technologies, which includes Peacock Engineering’s market-leading mobility solution, Fingertip.
Fingertip - which was first developed by Peacock Engineering’s expert technical team in 2016 - provides a real-time data link for asset-driven organizations, 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 BPD Zenith team. Alan Cambridge and Roger Walker will remain in new group roles, as Group Head of Strategy and Group Head of Innovation.
Peacock Engineering was first established in 2009, by Co-founders Alan Cambridge, Roger Walker, and Mike Knapp. Providing EAM solutions to the defense, energy, utility, manufacturing, life science, and transportation sectors. The company now boasts over 8,000 client users applying its solutions, with over one million assets under client management. Peacock Engineering has undergone a period of impressive growth in recent years, which has seen its team grow by 20% in the last 12 months alone. This growth follows a series of new high-profile customer account wins, and the company opening a second technical facility in Pune, India. Peacock Engineering also has offices in Bangalore, as well as UK offices in Bristol and Leeds, with its headquarters in Little Chalfont, Amersham, Buckinghamshire.
BPD Zenith, an IBM Platinum Partner, is a world-leading provider of EAM solutions for asset-intensive organizations worldwide. First incorporated in 1994, it now has offices in the UK, Canada, the U.S., Australia, New Zealand, Singapore, Hong Kong, and Malaysia.
Speaking on the acquisition, Peacock Engineering’s Alan Cambridge said: “We’re 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 realize greater value from their EAM investment.
“By joining BPD Zenith, it 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.”
He added: "Fingertip is a game-changer for asset management, and we believe that it has the potential to revolutionize the way that assets are managed. We are confident that BPD Zenith is the right partner to help us achieve our vision."
"We are excited to welcome the Peacock Engineering team to BPD Zenith," said Oliver Garthwaite, CEO of BPD Zenith. "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."
To support its expansion and investor strategy, Peacock has been provided growth, quality of earnings, and Board Advisory support by Acresis, the founder-focused advisory company.
Patricia Taylor, Operating Partner at Acresis added, “Acresis is so pleased to have supported another group of founders in the B2B cloud marketplace to achieve their growth ambitions and individual goals. We are confident that the combination of BPD Zenith and Peacock Engineering will create a high growth, dynamic global EAM leader.”
About Peacock Engineering
Established for over 13 years, Peacock Engineering is a world-renowned leader and specialist in delivering Enterprise Asset Management (EAM) solutions that help industries maximize the value of their assets and get in shape for their future challenges, whether that is decarbonization or digital transformation.
With offices in London, Bristol, Leatherhead, Leeds, and Bangalore Peacock Engineering works with some of the biggest names in industry including DHL, Siemens, SSE, and Infinis Energy. It is trusted by customers worldwide across multiple sectors including energy and utilities, FM, life sciences, manufacturing, oil and gas, and travel, transport, and logistics.
Its team of IBM-certified engineers and its flagship products, IBM Maximo and Fingertip, help clients to deliver their asset management strategy through improving asset availability and reducing life cycle costs, whilst ensuring industries remain legally compliant.
An industry-leading asset management solution, IBM Maximo, provides real-time data on the business’ assets using IoT technology, creates a digital audit trail to help organizations remain regulatory compliant, and its predictive maintenance analytics helps increase the life span of assets for a better ROI. Fingertip is Peacock Engineer’s own mobile solution which extends IBM Maximo’s installation into the field so industries can access asset knowledge and data, whether in the office, in the field, or out on site.
Peacock Engineering is an IBM Gold Partner, and ISO27001 accredited.
About BPD Zenith
Since 1994, BPD Zenith has been dedicated to empowering businesses to optimize the benefits and capabilities of their Enterprise Asset Management software solutions, throughout the lifecycle of physical assets. Today, BPD Zenith is recognized as a trusted IBM Maximo Platinum Business Partner, serving asset-intensive organizations worldwide.
With an extensive presence in North America, Europe, and Asia Pacific, BPD Zenith is one of the few Maximo partners to offer comprehensive expertise in Enterprise Asset Management (EAM) and Asset Performance Management (APM) across various industry sectors. We combine local presence with global expertise to deliver tailored asset management solutions and foster trusted partnerships, at every stage of the maintenance journey.
Our leading MaxiCloud platform brings together best-of-breed EAM solutions to future-proof modern businesses. With IBM Maximo at its core, MaxiCloud is a fully managed EAM solution with comprehensive/cost-effective licensing, award-winning industry accelerators, and our exclusive 'Essentials' enhancement toolkit 'built-in'. This includes secure infrastructure, support, and maintenance, with AI-powered insights and real-time analytics to streamline processes for optimal performance and return on investment.
BPD Zenith is an IBM Platinum Partner, and ISO27001 accredited.
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