What PHM Technology does

PHM Technology is an Australian engineering software company that develops model-based RAMS (Reliability, Availability, Maintainability, and Safety) tooling for organizations operating complex, safety- and mission-critical systems. The company's product portfolio centers on two integrated platforms: MADE (Maintenance Aware Design Ecosystem), a design-phase tool that rapidly creates a Digital Risk Twin from SysML, CAD, or BOM inputs and automates FMEA, Fault Tree Analysis, Hazard Analysis, and Reliability-Centered Maintenance work; and MODE (Maintenance Optimization & Diagnostics Ecosystem), an operations-phase platform that extends the Digital Risk Twin into sustainment and incorporates its proprietary Causation-based AI engine, Syndrome Diagnostics, for real-time fault detection and isolation. The Digital RAMS Backbone connects the two platforms, enabling a closed loop between design and operations, with native integration to Siemens Teamcenter and a documented JSON-based API. PHMT serves primarily defence, aerospace, space, naval, energy, oil and gas, mining, datacenters, and semiconductor manufacturing customers, with named deployments at NASA, US Army, Northrop Grumman, LAM Research, Navantia, General Dynamics Land Systems, Rheinmetall/Siemens, KBR, Royal Australian Navy, and HyperloopTT.

The company operates a privately-held, founder-led model under CEO Chris Stecki, with a small headcount (11–50 employees) and a single Australian headquarters in North Fitzroy, Melbourne. Revenue is generated through enterprise quote-based subscription licensing of MADE and MODE, supplemented by training services, with a free trial plus guided walkthrough serving as a product-led entry point. Distribution combines direct enterprise field sales in Oceania and North America with channel partners — notably CDT for Turkey/Middle East/Central Asia and SYPAQ Systems for the Australian Defence Force — alongside an active conference and technical-paper presence at industry events including RAMS Symposium, ISSS, PHM Society, and the Small Satellite Conference. There is no disclosed institutional equity funding beyond a 2016 N47 investment and a 2020 Australian Government Accelerating Commercialisation grant.

Name

PHM Technology

Legal name

PHM Technology

Website

https://phmtechnology.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

PHM Technology is an Australian engineering software firm that builds the MADE and MODE platforms — model-based RAMS tools with a Digital Risk Twin and causation-based AI for predictive maintenance — serving defence, aerospace, naval, energy, and semiconductor manufacturers globally.

Ownership category

akta.pro rank

Product category

Model-Based RAMS Engineering Software

NAICS

Computer Systems Design and Related Services (54151), Computer Systems Design and Related Services (5415), Computer Systems Design Services (541512), Electronic and Precision Equipment Repair and Maintenance (811210)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

Reactor Monitoring, Diagnostics & Predictive Maintenance (Sensors, Digital Twin, PHM) (EUAKADAM)

Keywords

• Model-based RAMS software
• Digital Risk Twin
• Predictive maintenance software
• FMEA FMECA analysis tools
• Reliability engineering software

Headquarters

HQ city

North Fitzroy

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software Licensing (MADE & MODE Platforms): PHM Technology generates revenue primarily through licensing its MADE and MODE software platforms. The platforms are released as versioned software (current release: MADE 3.9.0) with a customer portal for licensed users. Licensing appears to be subscription or term-based, with a portal for license management and customer support.
2. Professional Services & Training: PHM Technology offers training programs alongside its software platforms. A training page is listed in the site navigation, suggesting paid training services as a secondary revenue stream for onboarding and upskilling customers on the MADE and MODE platforms.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

PHM Technology develops and licenses model-based RAMS (Reliability, Availability, Maintainability and Safety) software platforms — MADE for design-phase analysis and MODE for operational-phase diagnostics. The platforms build and utilize Digital Risk Twins of complex safety and mission-critical systems, enabling automated FMEA, Fault Tree Analysis, Reliability-Centered Maintenance, and Hazard Analysis workflows, with Causation-based AI used to predict failures and optimize maintenance across the system lifecycle.

Product overview

PHM Technology offers two integrated software platforms: the MADE (Maintenance Aware Design Ecosystem) Software Platform for design-phase Reliability, Availability, Maintainability and Safety (RAMS) analysis, and the MODE (Maintenance Optimization & Diagnostics Ecosystem) Software Platform for operational-phase maintenance optimization and diagnostics. MADE is a model-based RAMS tool with modules for Modelling, Safety & Risk Assessment (SRA), Reliability/Availability/Maintainability (RAM), and Prognostics & Health Management (PHM), supporting FMEA, FTA, RCM, Hazard Analysis, and Fault Tree Analysis — all generating and utilizing a Digital Risk Twin. MODE extends the Digital Risk Twin into operations via the Digital RAMS Backbone, incorporating Syndrome Diagnostics (causation-based AI for real-time failure detection), GRIT (Guided Reporting & Inspection Tool), FRACAS, and AOAI (Availability Optimisation AI). Together, the MADE and MODE platforms provide integrated, through-life risk management from concept through sustainment for complex, safety and mission-critical systems.

Differentiator

Problem solved

Functional benefit

Brands

• MADE Software Platform: Model-based RAMS tool that creates Digital Risk Twins for system lifecycle management, optimizing RAMS processes and analyses
• MODE Software Platform

Products and services

• MADE Software Platform Maintenance Aware Design Ecosystem (MADE) is a model-based Reliability, Availability, Maintainability and Safety (RAMS) software platform that rapidly creates a Digital Risk Twin of a system, supporting imports from SysML, CAD or BOM, and providing Safety & Risk Assessment, RAM, Prognostics & Health Management, and RCM analyses for safety and mission-critical industries including defence, aerospace, maritime, energy, mining and semiconductor manufacturing equipment.
• MODE Software Platform Maintenance Optimization & Diagnostics Ecosystem (MODE) is the operational-phase companion to MADE that extends the Digital Risk Twin into sustainment. MODE captures in-service data and applies Causation-based AI (Syndrome Diagnostics) for real-time Fault Detection & Isolation, supplemented by FRACAS, the Guided Reporting & Inspection Tool (GRIT), and Availability Optimisation Artificial Intelligence (AOAI), all connected to MADE via the Digital RAMS Backbone.
• Training Services for MADE and MODE Paid training programmes delivered alongside the MADE and MODE software platforms to onboard and upskill customers on model-based RAMS workflows, FMEA/FTA automation, RCM, Syndrome Diagnostics, and Digital Risk Twin usage, listed as a distinct "Training" item in site navigation.

Quantifiable outcome

• Nuclear Power Station Maintenance Optimization Saves $42m
• +3 more outcomes

Named customers12 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature9 records

Partnerships

Three partnerships are on record, tiered flagship and core.

• SYPAQ Systems Pty LtdflagshipStrategic or Co-development Partner · 25 March 2026PHM Technology and SYPAQ Systems formed a strategic partnership to market PHMT's MADE software to the Australian Defence Force (ADF). The partnership combines PHMT's MADE capability with SYPAQ's defence delivery experience to help ADF programs establish a Digital RAMS Backbone (DRB) and develop Digital Risk Twins (DRTs) that improve the integrity, traceability, and repeatability of engineering analyses across the system lifecycle. SYPAQ CEO Amanda Holt stated the partnership supports ADF and CASG programs with a practical, sovereign approach to digitising RAMS and ILS.
• LAM ResearchcoreStrategic or Co-development Partner · 19 April 2021LAM Research implemented the MADe solution and its Digital Risk Twin to digitize their RAMS process and optimise the design and maintenance of semiconductor manufacturing equipment. The engagement enables LAM Research to concurrently identify potential technical risks early enough in the design process to cost-effectively 'design them out' before cementing them into the production configuration.
• CDT (Computer Design Technologies)coreChannel Partner/ Reseller/ Distributor · 31 July 2019CDT (Computer Design Technologies) is the distributor and solution partner for MADe in Turkey, the Middle East and Central Asia. CDT is a leading software solutions provider for complex systems design with customers in Aerospace, Automotive, Defence, Energy, Industrial Automation and Consumer Electronics industries. CDT provides consulting, training, technical support, and outsourcing services, partnering with global technology leaders such as Siemens, Mentor Graphics, and XJTag.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• ANSYS (Synopsys): ANSYS, now part of Synopsys, provides simulation, reliability, and digital-twin software used across aerospace, defence, and semiconductor industries — a broader incumbent whose reliability and digital-twin capabilities overlap with PHMT's Digital Risk Twin.
• GE Digital (Predix / APM): GE Digital's APM and Predix assets address reliability, predictive maintenance, and digital twin for industrial and aerospace customers — comparable in MODE/PHM scope and a broader incumbent in the operational reliability space.
• Siemens Digital Industries Software (Teamcenter / Simcenter): Siemens offers Teamcenter PLM and Simcenter reliability/availability modules that compete with MADE; PHMT has a native Teamcenter integration via API v2.0, making Siemens both a partner and a broader incumbent with embedded RAMS functionality.
• PTC (Windchill / Creo): PTC's Windchill PLM and Creo product suite includes reliability and service-life management functionality for aerospace, defence, and industrial customers — a broader incumbent addressing some of the same model-based reliability use cases as PHM Technology.
• Dassault Systèmes (3DEXPERIENCE): Dassault's 3DEXPERIENCE platform provides systems engineering, RAM, and digital-twin capabilities used in aerospace, naval, and industrial programs — a broader PLM incumbent competing for design-phase RAMS budgets alongside MADE.
• IBM Maximo Application Suite: IBM Maximo is a leading enterprise asset management platform with reliability, predictive maintenance, and FRACAS-style capabilities — a broader incumbent competing with the MODE ecosystem (FRACAS, AOAI, Syndrome Diagnostics) in operational-phase reliability.

Direct peers

• ReliaSoft (HBK): ReliaSoft, now part of HBK, sells Weibull++, Xfmea, RENO, and BlockSim for reliability engineering, FMEA/FMECA, and reliability block diagrams — a long-standing direct competitor to MADE in model-based RAMS analytics for aerospace, automotive, and industrial customers.
• BQR Reliability Engineering: BQR provides reliability prediction, FMECA, and maintenance optimization software (fiXtress, Care+) for aerospace, defence, and industrial markets — overlapping directly with MADE's RAM and PHM modules on reliability analytics and predictive maintenance.
• Isograph: Isograph offers FaultTree+, Availability Workbench, and RCM software used for reliability, availability, maintainability, and safety analysis across aerospace, defence, and nuclear — directly competing with PHM Technology's MADE platform on FMEA, FTA, and RCM workflows.
• DNV (Synergi Software): DNV's Synergi suite delivers reliability, risk, and integrity management software for oil & gas, energy, and process industries — comparable to PHM Technology on RAM analysis and predictive maintenance for safety-critical assets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PHM Technology