MODS Management

What MODS Management does

MODS Management is a privately held UK-headquartered (Aberdeen, Scotland) software provider that builds a cloud-based connected industrial software ecosystem targeted at operators, contractors and vendors in the energy sector and adjacent heavy-industrial verticals, including renewables, data centres, civils and utilities, and mining. The core platform, MODS Connect, integrates purpose-built modules for materials management, digital work packaging, joint integrity, completions and a Viewer, augmented by Fab Tracker for fabrication operations and MODS Reality for point cloud capture and 3D digital-twin visual planning across brownfield and greenfield projects.

The technology stack delivers mobile-first interfaces, real-time data centralisation, 3D visualisation and workflow automation that replace paper-based work packs (historically requiring 7-14 day offshore waits) and connect site and office stakeholders in a single source of truth. Documented customer outcomes include up to 25 percent productivity gains via SIMOPS software, 70 percent reductions in inspection test package time, 50 percent reductions in administrative burden for Petrofac, and over $3 million in savings on a single JGC oil refinery expansion.

The company monetises through custom-priced, multi-year software subscriptions layered with a Digital Enablement and DX Partnership consultancy practice that accelerates customer digital transformation. Distribution is direct enterprise field sales with discovery calls, demos and bespoke quotes, supported by content marketing (MODS Blog, MODS Pods podcast, monthly newsletter, Lunch & Learn events, webinars) targeting energy and industrial buyers globally across the UK, North America and Asia Pacific.

Name

MODS Management

Legal name

MODS Management

Website

https://mods.solutions

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

MODS Management is an Aberdeen-based software firm building a cloud-based connected industrial software ecosystem (MODS Connect, Fab Tracker, MODS Reality) for operators, contractors and vendors in oil and gas, renewables, data centres, civils and mining.

Ownership category

akta.pro rank

Headquarters

HQ city

Aberdeen

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Subscriptions: MODS Connect and other software products provided as cloud-based SaaS solutions with modular components for different asset lifecycle phases. Pricing is customized based on project scope and organizational needs.
2. Digital Enablement / DX Consultancy: Digital transformation consultancy services including digital enablement, DX partnership programs, and implementation support to accelerate customer adoption of intelligent industrial software.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

MODS Management builds and sells a connected, cloud-based ecosystem of intelligent industrial software (MODS Connect) that helps energy operators, contractors and vendors manage industrial assets across the project lifecycle, with modules covering materials tracking, digital work packaging, joint integrity, completions, 3D visualization, fabrication tracking (Fab Tracker) and digital twin/laser scanning (MODS Reality). Revenue is generated primarily through SaaS subscriptions of these software products plus digital enablement and DX partnership consulting services.

Product overview

MODS Management offers a connected ecosystem of intelligent industrial software solutions organized around the MODS Connect platform. The platform serves as the central hub integrating multiple modules: Materials (for real-time materials tracking), WorkPack (for digital work packaging), Integrity (for joint integrity management), Completions (for commissioning and handover), and Viewer (for data access). Alongside MODS Connect, the company provides Fab Tracker for fabrication tracking and MODS Reality for digital twin and laser scanning services. These products work together to support the full lifecycle of industrial assets from construction through maintenance, decommissioning, and rebuilding, with a focus on brownfield projects in the energy, renewables, mining, and petrochemical sectors.

Differentiator

Problem solved

Functional benefit

Brands

• MODS Connect: Cloud-based intelligent industrial software ecosystem for asset management including Materials, WorkPack, Integrity, Completions, and Viewer modules.
• MODS Connect Materials
• MODS Connect WorkPack
• MODS Connect Integrity
• MODS Connect Completions
• Fab Tracker
• MODS Connect Viewer

Products and services

• MODS Connect MODS Connect is the core cloud-based platform providing connected digital solutions for industrial asset management across the entire project lifecycle. It serves as the central ecosystem integrating the Materials (real-time materials tracking and inventory control), WorkPack (digital work packages with constraint management, reviews and document control), Integrity (joint integrity management from design through operations), Completions (commissioning and handover), and Viewer (web-based access to project data and 3D models) modules. It is sold to enterprise operators, contractors and vendors in oil and gas, renewables, mining, petrochemicals, data center, and civil/utility sectors.
• Fab Tracker Fab Tracker is a standalone fabrication tracking software product that enables fabrication contractors to digitize their operations with automated workflows to reduce the costs of the fabrication process. It is designed for industrial fabricators in the energy sector and other heavy-industrial verticals that need to manage fabrication projects digitally end-to-end.
• MODS Reality MODS Reality is a digital twin and laser scanning software solution providing 3D visualization of industrial assets. It captures point cloud data and enables visual planning, scheduling and progress tracking for brownfield projects, linking scanned data directly to digital processes that manage engineering, procurement, construction and quality control activities. It is used by industrial operators for offshore repair processes and dimensional control surveys.
• Digital Enablement Services Digital Enablement is a professional services offering that helps industrial operators, contractors and vendors adopt and implement MODS' software ecosystem. The service accelerates digital transformation by providing implementation support, training, and adoption enablement tailored to client project needs.
• DX Partnership Program DX Partnership is a strategic digital partnership program in which MODS collaborates with industrial operators, contractors and vendors as a long-term digital transformation partner (as exemplified by relationships with Petrofac, JGC, and Grand Isle Shipyard). It provides continuous engagement to embed MODS' intelligent industrial software across client projects.

Quantifiable outcome

• 70% reduction in inspection test package time (from 82 to 22 minutes per test)
• +8 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature9 records

Partnerships

Three partnerships are on record, tiered core.

• PetrofaccoreStrategic or Co-development Partner · 1 January 2020MODS partnered with Petrofac in January 2020 to remove manual processes from their brownfield development projects. Petrofac uses MODS Connect for 'connected delivery' across Materials Manager, Work Packs, Completions, and Progress Tracking systems. This partnership enabled Petrofac to capture all project data in one centralized system, reducing administrative burdens by 50% and providing remote project oversight with real-time performance dashboards.
• Grand Isle Shipyard (GIS)coreStrategic or Co-development Partner · 1 January 2013GIS and MODS formed a partnership in 2013 to drive transformation with technology. This mature partnership has evolved to include commissioning, joint integrity, leak testing and torquing services. MODS technology helped GIS develop new service lines and become the turnkey service provider they are today. The partnership continues to develop with expansion into different industries and countries.
• JGCcoreStrategic or Co-development PartnerJGC, a leading EPC company, partnered with MODS for digital transformation of their EPC business. MODS software stack is described as their gateway to faster, safer and more convenient operations. The partnership follows a pyramid DX approach starting with foundational digitalization of information. JGC won an Advanced Work Packaging (AWP) project award and has committed to digital transformation prioritizing sustainability.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Aspen Technology: AspenTech provides asset performance management, digital twin and process optimization software for process manufacturers, energy and chemicals customers. It is a broad incumbent in the industrial software space with overlap to MODS's asset integrity and operations modules in process-industry verticals.
• Hexagon PPM: Hexagon's PPM division (formerly Intergraph) provides engineering, procurement, construction and asset management software for process and power industries. It is a broad incumbent that overlaps with MODS's EPC-focused modules (WorkPack, Completions, Integrity) while also serving broader plant design and operations workflows.
• Autodesk Construction Cloud: Autodesk Construction Cloud offers BIM, project management and construction execution software used by EPC contractors and industrial owners. It is a broad incumbent in the construction software space that competes with MODS's project execution and digital work-package modules at the broader enterprise level.

Others

• Petrofac (as a customer/partner archetype): Petrofac is an EPC services company and a core MODS customer since 2020. Listed here as an ecosystem reference rather than a software competitor, it illustrates the type of strategic EPC partner relationships that shape MODS's go-to-market in oil & gas.

Direct peers

• AVEVA: AVEVA provides industrial software including plant design, operations, asset performance and digital twin solutions for process industries and energy customers. It directly overlaps with MODS's MODS Connect ecosystem in serving operators and EPCs in oil & gas, petrochemicals and power — making it the most direct competitor in the asset-management software space.
• Oracle Aconex: Oracle Aconex is a leading cloud collaboration platform for construction and EPC project information management. It directly competes with MODS Connect's work packaging, document control and project collaboration functionality for the same enterprise EPC and owner-operator customer base.
• Bentley Systems: Bentley's iTwin Platform and AssetWise serve infrastructure and energy operators with digital twin, asset integrity and project delivery software. It directly competes with MODS Reality and MODS Connect's integrity/completions modules in the brownfield energy and infrastructure asset-management category.

Emerging players

• ClearEdge3D: ClearEdge3D provides point cloud processing and dimensional control software for construction and industrial scanning workflows. It is an emerging player with overlap to MODS Reality's laser scanning and dimensional control capabilities for brownfield industrial projects.
• Safrr (formerly Reason Software): Safrr provides digital safety and operations management software for industrial sites. It is an emerging player that addresses adjacent workflow challenges (permit-to-work, safety management) that overlap with MODS Connect's WorkPack and SIMOPS offerings for energy operators.
• HUVR: HUVR is an industrial inspection data platform that captures and structures asset inspection data with 3D and drone workflows. It is an emerging player with partial overlap to MODS Reality's laser scanning and dimensional control capabilities in the inspection and asset integrity segment.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Customer concentration

• YouTubeyoutube.com/c/MODSSolutions
• LinkedInlinkedin.com/company/mods-management
• Xx.com/modsmanagement
• Facebookfacebook.com/modsmanagement

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 MODS Management