Touchstone Energy

What Touchstone Energy does

Touchstone Energy (trading name of Touchstone FMS Limited, a subsidiary of Touchstone Group Plc) is a London-headquartered enterprise IT consultancy that implements and supports business systems for asset-intensive industries. Founded in 1982 and employing 101–250 staff, the firm operates as an Infor Gold Channel Partner and key delivery partner for Octave (formerly Hexagon) EAM/APM solutions, with additional partnerships across Proactis, Yooz, TimeXtender, Sharperlight, Systems@Work, and Professional Advantage. Its core offerings span enterprise asset management (Octave Attune EAM), asset performance management (Octave Attune APM), financial management (Infor SunSystems Cloud), AP and P2P automation (Yooz, Proactis), enterprise performance management and reporting (Infor EPM, Infor Q&A, Sharperlight), data integration (TimeXtender, Touchstone Data Services), and time/expense management (Systems@Work), all built on the Infor OS cloud platform and delivered alongside managed services via TouchstoneCloud.

The company serves enterprise clients across oil and gas, renewable energy, utilities and power generation, mining, ports, transportation, construction, and facilities management, with named customers including Anasuria Operating Company, AMPYR Distributed Energy, Serengeti Energy, Sahara Energy, responsAbility, Breedon Group, Addax Petroleum, Ports of Jersey, Endeavour Mining, Sinopec, Greater Anglia, Prax, and Lightsource bp. It claims 400+ successful implementations spanning finance, asset and maintenance management, and procurement, with stated geographic reach across the UK, USA, Europe, Africa, and the Middle East. Touchstone is ISO 9001, ISO 22301, and ISO/IEC 27001:2022 certified (British Assessment Bureau, 2023) and is a member of RenewableUK (2024).

Revenue is generated through two primary streams: software solutions and licensing (SaaS subscriptions, perpetual licenses, or usage-based models from partner products) and professional services (implementation, integration, training, support, optimisation, and managed cloud hosting). Pricing is quote-based, with no public disclosure. The go-to-market is direct enterprise field sales augmented by vendor partner channels (Infor, Octave, Proactis), supported by content marketing, case studies, industry events such as Maintec, and LinkedIn outreach. A dedicated UK-based support desk operates Monday–Friday 08:30–18:00 GMT under Essential and Premium support plans.

Name

Touchstone Energy

Legal name

Touchstone FMS Limited

Website

https://touchstoneenergy.co.uk

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

101–250 employees

Short description

Touchstone Energy is a London-based enterprise IT consultancy and Infor Gold Channel Partner that implements and supports ERP, EAM, APM, and finance automation systems for asset-intensive industries including oil and gas, renewable energy, mining, and utilities across the UK, EMEA, and beyond.

Ownership category

akta.pro rank

Product category

Enterprise IT Consulting & Systems Integration for Energy Sector

NAICS

Other Scientific and Technical Consulting Services (54169), Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Energy Systems & Power Engineering Consulting (BPAHAIAG)

akta.pro secondary industries

Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal) (EUAEAMAB), Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ)

Keywords

• Enterprise asset management
• Energy sector software
• ERP implementation services
• Asset performance management
• Cloud hosting services

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Software Solutions & Licensing: Revenue from implementing and supporting enterprise software solutions including Infor SunSystems, Octave Attune EAM/APM, Yooz, Proactis, TimeXtender, and other partner products. Typically involves SaaS subscriptions, perpetual licenses, or usage-based models depending on the software partner.
2. Professional Services: Implementation, integration, training, and support services. Includes system audits, business system integrations, cloud hosting and managed services, system optimisation, implementation and upgrades.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Touchstone Energy is a specialist IT consultancy that implements, integrates, and supports enterprise business systems for asset-intensive industries. Its portfolio centers on Enterprise Asset Management (Octave Attune EAM/APM), financial management (Infor SunSystems Cloud), procurement automation (Yooz, Proactis), and data/reporting platforms, delivered alongside implementation, integration, training, and managed support services including its own TouchstoneCloud private hosting.

Product overview

TouchstoneEnergy provides a portfolio of integrated enterprise solutions for asset-intensive industries, centered on Octave Attune EAM for enterprise asset management and Infor SunSystems Cloud for financial management. The ecosystem includes Octave Attune APM for asset performance management, complemented by procurement solutions (Proactis P2P), AP automation (Yooz), and reporting/BI tools (Infor Q&A, Infor EPM, Sharperlight). Data management is handled through TimeXtender and Touchstone Data Services, with time and expense managed via Systems@Work. All solutions are built on the Infor OS cloud platform, enabling integration, analytics, and extensibility across the portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Octave Attune EAM Cloud-based Enterprise Asset Management solution (formerly HxGN EAM) that optimises management of physical assets and infrastructure through AI, machine learning, predictive analytics, and mobile workforce technology, providing real-time asset data and performance visibility for energy, utilities, mining, and infrastructure operators.
• Octave Attune APM Asset Performance Management solution (formerly HxGN APM) that integrates operational data monitoring with asset failure prediction using digital twin technology, AI/ML, and advanced analytics to maximise asset value while balancing performance, cost, and risk.
• Infor SunSystems Cloud Financial management software (FMS) available as SaaS or self-hosted, providing centralised financial processes through a unified ledger, real-time visibility into financial performance, and compliance with international accounting standards.
• Yooz AI-powered e-invoicing and Procure-to-Pay (P2P) automation solution using deep learning and big data to eliminate manual AP processing, featuring touchless document capture, automated GL coding, and fraud detection.
• Proactis P2P Web-based eProcurement and spend management platform for SunSystems users that controls the entire purchasing process from purchase request to invoice matching, with AI-enhanced coding through Proactis Rego Cai.
• Infor EPM Enterprise Performance Management suite combining planning, budgeting, forecasting, financial consolidation, and scenario analysis, featuring AI predictions for sales planning and what-if scenario modelling.
• Sharperlight

Quantifiable outcome

• 100% of clients say TouchstoneEnergy fully meets objectives
• +5 more outcomes

Named customers21 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability14 records

Feature9 records

Partnerships

Ten partnerships are on record, tiered core, secondary and minor.

• ProactiscoreTechnology or Integration · 1 January 2025Proactis is a global leader in spend management and procurement automation. TouchstoneEnergy reignited strategic partnership in 2025 to deliver integrated P2P (Purchase-to-Pay) solutions for Infor SunSystems clients, enabling end-to-end source-to-pay process control.
• RenewableUKsecondaryOthers · 1 January 2024RenewableUK is the leading renewable energy trade association in the UK advocating for green electricity. TouchstoneEnergy joined as a member in 2024 to access industry insights, research, networking opportunities, and influence the future of renewable energy in the UK.
• OctavecoreTechnology or IntegrationOctave (formerly Hexagon) is a global leader in digital reality solutions providing Octave Attune EAM (Enterprise Asset Management) and Octave Attune APM (Asset Performance Management) platforms. TouchstoneEnergy is a key implementation partner providing cloud-based enterprise asset management solutions with AI, machine learning, and predictive analytics capabilities for asset-intensive industries.
• InforcoreTechnology or IntegrationInfor is a global leader in business cloud software products with over 65,000 organisations worldwide. TouchstoneEnergy holds Gold Channel Partner status and has been recognised for dedication to Infor SunSystems implementation, ensuring financial management software is configured to client business processes.
• TimeXtendersecondaryTechnology or IntegrationTimeXtender is a data integration and automation platform enabling organisations to build modern data estates. TouchstoneEnergy offers TimeXtender-powered Touchstone Data Services for managed data pipelines and analytics-ready data delivery.
• YoozsecondaryTechnology or IntegrationYooz is a leading cloud-based accounts payable automation solution using AI and Deep Learning. TouchstoneEnergy integrates Yooz for AP automation and P2P processing for SunSystems users with intelligent document capture and ERP integration.
• Professional AdvantagesecondaryTechnology or IntegrationProfessional Advantage has over 30 years of global technology delivery experience. TouchstoneEnergy partners with Professional Advantage to support client banking business objectives using proven technologies complementing Infor SunSystems.
• SharperlightsecondaryTechnology or IntegrationSharperlight is a self-service enterprise reporting suite providing web reporting, dashboarding, and Microsoft Excel integration. TouchstoneEnergy works with Sharperlight to enable intelligent, timely business decisions across multiple enterprise systems.
• Systems@WorksecondaryTechnology or IntegrationSystems@Work is a leading European provider of expense management, time recording, PSA, and workflow systems. Fully integrated with Infor SunSystems, their suite supports complex multi-currency and multilingual environments for professional services automation.
• Shape AssociatesminorImplementation/ SI/ Consulting PartnerShape Associates is a client-side consultancy specialising in ERP and business transformation with experience across ports, logistics, manufacturing, and public services. They provide independent expertise in digital readiness, procurement, and change management.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Lemongrass Consulting: Infor-specialist cloud transformation consultancy delivering SunSystems and Infor CloudSuite migrations. Closest direct comparable to TouchstoneEnergy given the shared Infor-led ERP/EAM delivery model and similar asset-intensive vertical exposure.
• Cadeon: Specialist ERP and asset-management consultancy serving energy, mining, and utilities clients with Infor SunSystems and EAM implementations. Closest peer in terms of size, vertical focus, and delivery model.

Broad incumbents

• DXC Technology: Global IT services firm with established Infor and enterprise asset management practices serving energy, utilities, and industrial clients. Competes with Touchstone on large multi-region rollouts while offering a broader portfolio.
• Capgemini: Global systems integrator with deep energy, utilities, and asset-management consulting practices. Competes for the same enterprise EAM/ERP transformation deals in oil & gas, renewables, and mining that anchor TouchstoneEnergy's book.
• Accenture: World's largest IT services firm with significant energy and industrial asset-management practices. Frequently displaces specialist partners on enterprise digital-transformation programmes targeting the same asset-intensive verticals as TouchstoneEnergy.
• Infosys: Global SI with established Infor and asset-management practices serving energy and utilities clients worldwide. Comparable to Touchstone on enterprise ERP delivery, with far greater scale and offshore leverage.
• Sopra Steria: European-headquartered IT services group with a UK public-sector and energy practice. Overlaps with TouchstoneEnergy in enterprise ERP/EAM delivery across UK and EMEA asset-intensive industries.
• Hitachi Energy: Global vendor of asset-management and grid-software solutions for utilities and renewables. Both a potential technology partner and competitor for utility-grade EAM/APM deployments that TouchstoneEnergy currently delivers on the Octave Attune platform.
• Tata Consultancy Services (TCS): Global IT services and consulting firm with deep energy, utilities, and mining client base. Competes with TouchstoneEnergy on large-scale Infor and EAM enterprise programmes while offering broader digital-transformation capabilities.

Emerging players

• Augury: Industrial AI platform combining vibration and temperature sensing with predictive maintenance software. Adjacent emerging player competing for the predictive-maintenance budget that Octave Attune APM addresses at TouchstoneEnergy clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/touchstoneenergy-systems

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

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 Touchstone Energy