What Assetsmart does

AssetSmart, operated since 1971 under its legal entity PMS Systems Corporation, is a privately held, family-owned US software vendor that builds modular Commercial Off-The-Shelf (COTS) Enterprise Asset Management software marketed under the Asset Management 360 (AM360) suite. Its flagship SMART | PEMS module provides government-property and equipment lifecycle management compliant with FAR Parts 45/52, DFARS 252.245-7005 (2024), NASA FAR supplements, ISO 55000, ITAR, and NIST 800-53, and is integrated with companion modules for warehouse inventory (TMAS), movement and shipment logistics (EZ-Move), disposition and plant clearance (EZ-Dispose), order fulfillment (EZ-Order), mobile tracking (TRAXX), service and calibration work orders (WORKMAN), IT software and hardware asset management (SLAM), AI-powered data cataloging (SLAM-CATS), and regulatory reporting (SMART | Reporting). The platform runs on a Microsoft .NET / Windows Server architecture with SQL Server and Oracle database support and is delivered as a pure browser-based application across on-premises, customer-cloud, and AssetSmart-managed single-tenant AWS GovCloud (FedRAMP High) deployments, with APIs (BAPI, CAPI, WAPI), SAML/SSO integration, and ERP connectors to SAP, Oracle, Deltek Costpoint, and Workday.

The company primarily serves US federal contractors, federal agencies (DoD, NASA, DOE national labs, GSA), and large high-tech, aerospace, defense, and MRO organizations, with named customers including ManTech and Northrop Grumman; it claims 9 of the top 12 federal IT contractors as clients and a 95% client retention rate, with several modules in continuous production at customers for over 20 years. It monetizes through quote-based modular software licenses and subscriptions, implementation and customization professional services, and managed AWS GovCloud SaaS hosting, distributing exclusively via direct enterprise field sales and inside sales with no channel partners or resellers. Headcount is 11–50, all development and support is performed within CONUS by US citizens, and the company is registered as a small business in SAM (ZB3QZL8FHK73); founder Phillip Chase passed away in 2024, with continuity under President and CEO Christopher Campbell (in role since 2004).

Name

Assetsmart

Legal name

PMS Systems Corporation

Website

https://assetsmart.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

11–50 employees

Short description

AssetSmart (PMS Systems Corporation) provides modular COTS Enterprise Asset Management software (AM360) to federal contractors, government agencies, and high-tech organizations, delivering FAR/DFARS-compliant property tracking, logistics, and AI-powered asset cataloging from its Westlake Village, California headquarters.

Ownership category

akta.pro rank

Product category

Enterprise Asset Management Software

NAICS

Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

IT Asset Lifecycle Services (Procure-to-Retire) (BPAEAOAF)

akta.pro secondary industries

IT Asset Discovery, Inventory & CMDB Services (BPAEAOAE), Endpoint & Mobile Asset Management (UEM/MDM Asset Controls) (BPAEAOAI)

Keywords

• Enterprise asset management
• Government property management
• FAR/DFARS compliance software
• Property equipment tracking
• Calibration management software

Headquarters

HQ city

Westlake Village

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licenses and Subscriptions: Commercial Off-The-Shelf (COTS) enterprise asset management software sold with modular architecture. More than 75% of customers deploy the standard system 'out-of-the-box' without customization. Revenue derived from software licenses, modules, and ongoing subscription/maintenance fees.
2. Professional Services: Implementation services including legacy data migration, software installation, system configuration, integrations, custom report creation, training, and technical consulting. Services team provides project management, data mapping and migration, interface development, and custom software development.
3. SaaS Cloud Hosting: Managed hosting services in AWS GovCloud with FedRAMP High authorization. Single-tenant dedicated server instances for each customer. Provides turnkey cloud-hosted option unbundling internal IT support resources.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

AssetSmart sells the Asset Management 360 (AM360) suite, a modular Commercial Off-The-Shelf (COTS) enterprise software platform that delivers 360-degree asset portfolio visibility and cross-functional process automation for government property, equipment, warehouse inventory, logistics, calibration, and software license management. The platform is offered as on-premises, customer-managed cloud, or AssetSmart-managed single-tenant AWS GovCloud (FedRAMP High) deployments, targeting federal contractors, government agencies, and high-tech organizations that must comply with FAR/DFARS/NASA property regulations.

Product overview

AssetSmart offers a modular platform-plus-products architecture called Asset Management 360 (AM360) that delivers 360-degree asset portfolio visibility and cross-functional process automation. The flagship SMART | PEMS module provides property and equipment management, which integrates with SMART | TMAS for warehouse inventory, SMART | EZ-Move for movement/shipment tracking, SMART | EZ-Dispose for disposition reporting, SMART | EZ-Order for logistics fulfillment, SMART | TRAXX for mobile tracking, SMART | WORKMAN for service/work order management, SMART | SLAM for software license management, SMART | SLAM-CATS for AI-powered intelligent cataloging, and SMART | Reporting for automated government compliance reporting. Each module can stand alone or operate as a single integrated system with common reference data and location/movement protocols.

Differentiator

Problem solved

Functional benefit

Brands

• AM360: Asset Management 360 (AM360) Suite delivers 360-degree asset portfolio visibility and cross functional process automation in an integrated, enterprise-class application suite.
• LOGMAN
• TRAXX
• EZ-Move
• EZ-Order
• EZ-Dispose
• WORKMAN
• PEMS
• TMAS
• SLAM
• SLAM-CATS
• BAPI
• CAPI
• WAPI

Products and services

• SMART | PEMS (Property and Equipment Management System) Flagship Property and Equipment Management System providing global tracking and lifecycle management of government, company, and customer equipment and tooling assets. Meets Federal Government property requirements including FAR Parts 45 and 52 and DFARS 252.245-7005 and serves as a Fleet Management Information System (FMIS) for federal motor vehicle and equipment fleets. Targets federal contractors and government agencies.
• SMART | TMAS (Warehouse Inventory Management System) Materials and Warehouse Inventory System providing real-time tracking of company, customer, and government materials including expendables, serialized components, durable tools, spares, and supplies. Supports FAR/DFARS-compliant global inventory tracking with closed-loop traceability and serialization for federal contractors and high-tech organizations.
• SMART | EZ-Move (Movement and Shipment Logistics Tracking)

Quantifiable outcome

• 95% client retention rate demonstrates strong customer satisfaction and long-term value delivery
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability3 records

Feature10 records

Partnerships

Five partnerships are on record, tiered core.

• National Property Management Association (NPMA)coreOthersAssetSmart maintains active membership and participation in NPMA, the leading professional association for property management professionals. The company exhibits at NPMA conferences and leverages the association for industry best practices input and market credibility.
• National Defense Industrial Association (NDIA)coreOthersActive membership in NDIA, which brings together government and industry stakeholders in national security. AssetSmart participates in NDIA activities and leverages the association for industry intelligence and networking.
• Logistics Officer Association (LOA)coreOthersAssetSmart is an active member of LOA, connecting with logistics professionals across military and civilian government sectors. The association provides forums for sharing best practices that inform product development.
• National Conference of Standards Laboratories (NCSLI)coreOthersActive membership in NCSLI, the leading organization for calibration and measurement professionals. AssetSmart leverages NCSLI best practices for calibration management features and compliance with ISO 17025 and ANSI/NCSL Z540 standards.
• Amazon Web Services (AWS GovCloud)coreTechnology or IntegrationAssetSmart offers managed cloud hosting using AWS GovCloud, which has received FedRAMP High Impact authorization. All AssetSmart-managed instances are single-tenant with access restricted to vetted US citizens, meeting government security requirements.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• AssetWorks: AssetWorks provides enterprise asset management software for fleet, facilities, and government property management. It is one of the most comparable niche EAM vendors to AssetSmart, particularly in public-sector fleet and asset tracking use cases.
• Infor EAM: Infor EAM is a purpose-built asset management solution widely used in manufacturing, government, and facilities-intensive industries. It is the closest direct competitor to AssetSmart in serving asset-heavy federal contractors with both on-premises and cloud deployment options.

Emerging players

• Maintenance Connection: Maintenance Connection is a CMMS/EAM platform targeting mid-market and asset-intensive organizations. It is a smaller emerging competitor to AssetSmart in the work order, preventive maintenance, and asset lifecycle space, particularly for non-federal customers.
• Ivanti IT Asset Management: Ivanti offers IT asset management, software asset management, and endpoint management capabilities that overlap with AssetSmart's SLAM module. It is a more modern, cloud-native competitor focused on IT asset visibility rather than physical property/government compliance.

Others

• Seagull Scientific BarTender: Seagull Scientific is a technology partner of AssetSmart for barcode and RFID label printing. As a labeling and marking platform, it sits in AssetSmart's ecosystem and represents the kind of adjacent infrastructure provider a comparable EAM vendor would also integrate with.

Broad incumbents

• SAP S/4HANA Plant Maintenance: SAP PM is embedded in SAP's ERP suite and is widely deployed at large federal contractors and manufacturers. It overlaps with AssetSmart's PEMS functionality for asset lifecycle and maintenance, but as part of a much broader enterprise platform that customers may prefer for consolidation.
• ServiceNow IT Asset Management: ServiceNow's ITAM module is embedded in the broader Now Platform and is increasingly used by federal agencies and contractors for hardware and software asset tracking. It competes with AssetSmart's SLAM capability but as part of a much larger enterprise workflow and service management suite.
• Oracle Enterprise Asset Management: Oracle EAM is part of Oracle's utilities and asset management portfolio and integrates natively with Oracle ERP. It is a comparable enterprise-grade option for asset lifecycle management, particularly for asset-intensive industries, and competes head-to-head with AssetSmart in federal and regulated environments.
• IBM Maximo Application Suite: IBM Maximo is the dominant enterprise asset management platform used across federal and commercial organizations. It competes directly with AssetSmart in IT asset lifecycle management but offers a much broader, ERP-adjacent suite with significantly larger scale and deeper IBM backing.

Regional players

• Bentley AssetWise: Bentley AssetWise is an asset lifecycle information management platform focused on infrastructure-intensive industries. While more common in utilities and transportation, it competes for asset-heavy federal accounts where reliability and inspection data management are priorities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/AssetSmart
• LinkedInlinkedin.com/company/assetsmart

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Assetsmart