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Energy · head to head

Novity vs OpenLink Endur

Novity logo

Novity

Energy

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

From
On request
Rated
-
Full reviewWebsite
OpenLink Endur logo

OpenLink Endur

Energy

Enterprise trading and risk management

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.; OpenLink Endur no pricing published on vendor website; enterprise product requires direct contact with ION Group sales
  • They diverge on capability: Novity covers TruPrognostics engine, OpenLink Endur covers Deal capture.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Novity and OpenLink Endur actually diverge.

Attributes where Novity and OpenLink Endur differ
AttributeNovityOpenLink Endur
PlatformsWeb, CloudDesktop, Web, Api
FoundedUnknown1999

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 OpenLink Endur

  • Deal capture
  • Position management
  • Risk analytics
  • Credit management
  • Logistics
  • Settlement
  • Accounting integration
  • Regulatory compliance

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 OpenLink Endur
  • An LNG terminal with critical compressors and no run-to-failure history to train a conventional modelnot OpenLink Endur
  • A wastewater operator whose existing vibration alarms are ignored because they carry no severity or horizonnot OpenLink Endur
  • A generator operator supplying data centre load where an unplanned trip carries contractual penaltiesnot OpenLink Endur

OpenLink Endur

  • Energy tradingnot Novity
  • Risk managementnot Novity
  • Commodity logisticsnot Novity
  • Regulatory compliancenot Novity
  • Settlementnot 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.

OpenLink Endur

  • No pricing published on vendor website; enterprise product requires direct contact with ION Group sales

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

OpenLink Endur

On request
  • Trading$undefined/custom
    • Deal capture
    • Position management
    • P&L analytics
  • Risk$undefined/custom
    • VaR and PaR
    • Credit risk
    • Limit monitoring
  • Enterprise$undefined/custom
    • Full ETRM suite
    • Multi-commodity
    • Global support

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 OpenLink Endur if

  • You need deal capture.
  • You work on Desktop, Web, Api.
  • You also want position management.
OpenLink Endur review

Questions people ask

Is Novity or OpenLink Endur better?
Neither clearly leads. Novity starts at On request and OpenLink Endur at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Novity or OpenLink Endur?
Novity starts at On request and OpenLink Endur at On request.
Does Novity or OpenLink Endur run on more platforms?
Novity runs on Web, Cloud. OpenLink Endur runs on Desktop, 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 OpenLink Endur is typically brought in for.
What can Novity do that OpenLink Endur cannot?
Novity covers TruPrognostics engine, Cold-start modelling, Fault mode diagnosis, Remaining useful life. OpenLink Endur covers Deal capture, Position management, Risk analytics, Credit management.

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.

OpenLink Endur: How much does OpenLink Endur cost?

OpenLink Endur does not publish pricing on the ION Group website. This is an enterprise product requiring direct contact with ION Group sales for custom pricing.

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.

OpenLink Endur: How can I get pricing for OpenLink Endur?

Contact ION Group directly through their contact forms, request a demo, or work with their sales team to receive a custom quote for OpenLink Endur.

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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