Energy · head to head
ABB Ability vs Novity

Novity
Energy
Hybrid physics and machine learning prognostics that estimate remaining useful life for process equipment
- From
- On request
- Rated
- -
The short version
- Each has a real cost: ABB Ability the Internet Archive's capture of ABB Ability's page on 19 December 2021 showed it is sold only through a 'Find Your Sales Partner' channel across industry verticals (Automotive, Buildings, Data Centers, EV Charging, Manufacturing, Mining, Oil & Gas, Power, and others), with no price list published.; Novity novity is a small venture-backed company with a strategic investor rather than a profitable business, so continuity risk is real and the Tokyo Gas investment signals a likely eventual acquisition that would reset the roadmap.
- They diverge on capability: ABB Ability covers Asset health monitoring, Novity covers TruPrognostics engine.
- Prices and features above were last checked on 1 September 2026.
Where they differ
Only the attributes on which ABB Ability and Novity actually diverge.
| Attribute | ABB Ability | Novity |
|---|---|---|
| Platforms | Web, Mobile, Api | Web, Cloud |
| Founded | 1988 | Unknown |
Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated), category (Energy).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in ABB Ability
- Asset health monitoring
- Predictive maintenance
- Performance optimization
- Energy management
- Grid automation
- Remote diagnostics
- Advanced analytics
- Digital twin technology
Only in Novity
- TruPrognostics engine
- Cold-start modelling
- Fault mode diagnosis
- Remaining useful life
- Existing sensor reuse
- Recommended actions
- Historian connectors
- Asset class libraries
What people use each for
The jobs each tool is most often brought in to do.
ABB Ability
- Asset performance managementnot Novity
- Predictive maintenancenot Novity
- Grid optimizationnot Novity
- Energy efficiencynot Novity
Novity
- A gas processing plant that needs a defensible time-to-failure number before deferring a turnaroundnot ABB Ability
- An LNG terminal with critical compressors and no run-to-failure history to train a conventional modelnot ABB Ability
- A wastewater operator whose existing vibration alarms are ignored because they carry no severity or horizonnot ABB Ability
- A generator operator supplying data centre load where an unplanned trip carries contractual penaltiesnot ABB Ability
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
ABB Ability
- The Internet Archive's capture of ABB Ability's page on 19 December 2021 showed it is sold only through a 'Find Your Sales Partner' channel across industry verticals (Automotive, Buildings, Data Centers, EV Charging, Manufacturing, Mining, Oil & Gas, Power, and others), with no price list published.
Novity
- Novity is a small venture-backed company with a strategic investor rather than a profitable business, so continuity risk is real and the Tokyo Gas investment signals a likely eventual acquisition that would reset the roadmap.
- Physics-based models must be configured per equipment class, so each new asset type is an engineering engagement rather than a configuration screen, and rollout speed is limited by Novitys own capacity.
- Prognostics depend on the quality and sampling rate of your historian data; plants recording ten-minute averages will not get useful remaining-useful-life estimates without new instrumentation.
- Nothing about pricing is published and there is no self-service entry point, so evaluation always starts with a sales-led pilot on a handful of assets.
- The deployment footprint is concentrated in oil and gas, LNG and water, so reference customers and pre-built asset models outside those industries are limited.
Pricing, plan by plan
ABB Ability
On requestNo published plan breakdown. See the ABB Ability review.
Novity
On request- TruPrognostics$undefined/year
- Quoted per asset class and monitored equipment count
- Model configuration and commissioning quoted as a project
- Typically an annual subscription tied to a pilot then a rollout
Which should you pick?
Choose ABB Ability if
- You need asset health monitoring.
- You work on Web, Mobile, Api.
- You also want predictive maintenance.
Choose Novity if
- You need truprognostics engine.
- You work on Web, Cloud.
- You also want cold-start modelling.
Questions people ask
- Is ABB Ability or Novity better?
- Neither clearly leads. ABB Ability starts at On request and Novity at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, ABB Ability or Novity?
- ABB Ability starts at On request and Novity at On request.
- Does ABB Ability or Novity run on more platforms?
- ABB Ability runs on Web, Mobile, Api. Novity runs on Web, Cloud.
- What is ABB Ability best used for?
- ABB Ability is most often used for asset performance management, predictive maintenance, grid optimization, energy efficiency. Of those, asset performance management and predictive maintenance are not what Novity is typically brought in for.
- What can ABB Ability do that Novity cannot?
- ABB Ability covers Asset health monitoring, Predictive maintenance, Performance optimization, Energy management. Novity covers TruPrognostics engine, Cold-start modelling, Fault mode diagnosis, Remaining useful life.
Answered from the vendors’ own pages
Novity: What does Novity actually output?
A named failure mode and an estimated remaining useful life with a confidence band, not just an anomaly alert.
Novity: Do we need failure history to train it?
No. The physics component is what lets it produce useful prognostics on equipment with little or no run-to-failure data.
Novity: Do we need new sensors?
Often not. It reads from your existing historian, but low sampling rates or missing measurements can require additional instrumentation.
Novity: Who backs the company?
It was spun out of Xerox PARC and took a strategic investment from Acario Innovation, the venture arm of Tokyo Gas, in 2026.
Related pages
More on ABB Ability
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