TRM Expands as HxGN Alliance Partner with Acquisition of Stratum Consulting

In a significant move to strengthen our position as a global leader in enterprise asset management (EAM) and digital transformation, we have acquired Stratum Consulting Partners. This strategic acquisition accelerates our growth strategy and expands our asset management and HxGN EAM consulting capabilities, reinforcing our commitment to delivering world-class strategic advisory and technology solutions that drive operational efficiency and reliability.

About Stratum Consulting Partners

Stratum Consulting Partners, founded in 2003 and headquartered in Broomfield, CO, is a respected consultancy specializing in Hexagon’s HxGN Enterprise Asset Management solutions. Stratum has established itself as a trusted provider of tailored HxGN EAM solutions for various industries, including energy, transit, water & wastewater, food & beverage, manufacturing, pharmaceuticals, healthcare, and hospitality. Stratum’s expertise lies in maximizing clients’ HxGN EAM investments through quicker time-to-value implementations, ensuring seamless integration with business systems and deploying industry-accepted KPIs and metrics.
Stratum is an Alliance Partner of HxGN, a leading supplier of EAM products and services. Stratum’s methodologies focus on four complementary EAM areas: software platform capabilities, reporting and business intelligence services, integration technology services, and mobility applications.

Expanded impact for our client

The acquisition of Stratum Consulting Partners is a key milestone in TRM’s journey. We are committed to building a firm that stands alongside the world’s most esteemed consultancies by offering unmatched expertise in leading enterprise asset management systems. By integrating Stratum’s specialized expertise in HxGN EAM, we strengthen our capacity to deliver exceptional solutions, solidifying TRM’s position as the top advisory and technology partner for industries with significant asset management needs.

Clay Bush, Founder of Stratum Consulting Partners, agreed, stating “This marks a new era for both Stratum and TRM. TRM’s leadership and vision align perfectly with our dedication to asset management excellence. By combining our expertise, we will be able to deliver cutting-edge digital transformation solutions that will aid our clients in accelerating their maintenance and asset management maturity and gaining competitive advantage”.

Future Prospects

As Stratum joins TRM, its team gains access to a broader suite of solutions, resources, and industry-leading expertise, including renowned reliability and maintenance advisory and training services from IDCON, which we acquired in 2022, to further enhance the value we deliver to our clients. This partnership aligns with our mission to provide forward-thinking, technology-agnostic solutions that empower organizations to navigate complex digital transformations and achieve operational excellence. Clients of both TRM and Stratum can expect a seamless transition with continued access to best-in-class expertise and cutting-edge EAM solutions.

In summary, our acquisition of Stratum Consulting Partners is a strategic move that strengthens TRM’s position in the global EAM market. With Stratum’s expertise and certifications, TRM is poised to deliver unparalleled asset management solutions, driving higher levels of operational efficiency and reliability for our clients worldwide.