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Energy · head to head

Novity vs OATI webOASIS

Novity logo

Novity

Energy

Hybrid physics and machine learning prognostics that estimate remaining useful life for process equipment

From
On request
Rated
-
Full reviewWebsite
OATI webOASIS logo

OATI webOASIS

Energy

Energy trading and transmission management platform

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: 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.; OATI webOASIS no public pricing published; custom enterprise sales model requires direct contact
  • They diverge on capability: Novity covers TruPrognostics engine, OATI webOASIS covers Energy scheduling.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Novity and OATI webOASIS actually diverge.

Attributes where Novity and OATI webOASIS differ
AttributeNovityOATI webOASIS
PlatformsWeb, CloudWeb, Api
FoundedUnknown1998

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 Novity

  • TruPrognostics engine
  • Cold-start modelling
  • Fault mode diagnosis
  • Remaining useful life
  • Existing sensor reuse
  • Recommended actions
  • Historian connectors
  • Asset class libraries

Only in OATI webOASIS

  • Energy scheduling
  • Transmission reservations
  • E-tagging
  • Market operations
  • Balancing authority management
  • Congestion management
  • Settlement processing
  • Real-time dispatch

What people use each for

The jobs each tool is most often brought in to do.

Novity

  • A gas processing plant that needs a defensible time-to-failure number before deferring a turnaroundnot OATI webOASIS
  • An LNG terminal with critical compressors and no run-to-failure history to train a conventional modelnot OATI webOASIS
  • A wastewater operator whose existing vibration alarms are ignored because they carry no severity or horizonnot OATI webOASIS
  • A generator operator supplying data centre load where an unplanned trip carries contractual penaltiesnot OATI webOASIS

OATI webOASIS

  • Energy tradingnot Novity
  • Transmission schedulingnot Novity
  • Market settlementsnot Novity
  • Grid balancingnot Novity

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

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.

OATI webOASIS

  • No public pricing published; custom enterprise sales model requires direct contact

Pricing, plan by plan

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

OATI webOASIS

On request

No published plan breakdown. See the OATI webOASIS review.

Which should you pick?

Choose Novity if

  • You need truprognostics engine.
  • You work on Web, Cloud.
  • You also want cold-start modelling.
Novity review

Choose OATI webOASIS if

  • You need energy scheduling.
  • You work on Web, Api.
  • You also want transmission reservations.
OATI webOASIS review

Questions people ask

Is Novity or OATI webOASIS better?
Neither clearly leads. Novity starts at On request and OATI webOASIS at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Novity or OATI webOASIS?
Novity starts at On request and OATI webOASIS at On request.
Does Novity or OATI webOASIS run on more platforms?
Novity runs on Web, Cloud. OATI webOASIS runs on Web, Api.
What is Novity best used for?
Novity is most often used for a gas processing plant that needs a defensible time-to-failure number before deferring a turnaround, an lng terminal with critical compressors and no run-to-failure history to train a conventional model, a wastewater operator whose existing vibration alarms are ignored because they carry no severity or horizon, a generator operator supplying data centre load where an unplanned trip carries contractual penalties. Of those, a gas processing plant that needs a defensible time-to-failure number before deferring a turnaround and an lng terminal with critical compressors and no run-to-failure history to train a conventional model are not what OATI webOASIS is typically brought in for.
What can Novity do that OATI webOASIS cannot?
Novity covers TruPrognostics engine, Cold-start modelling, Fault mode diagnosis, Remaining useful life. OATI webOASIS covers Energy scheduling, Transmission reservations, E-tagging, Market operations.

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.

OATI webOASIS: How much does OATI WebOasis cost?

OATI does not publish pricing on its website; pricing is customized based on customer needs. Contact sales at 763-201-2000 or [email protected] for pricing information.

Source
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.

OATI webOASIS: What is OATI's pricing model?

OATI uses a custom enterprise software sales model where pricing is tailored to individual customer requirements rather than using standard published tiers.

Source
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.

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