Abstract

This paper explores the business drivers, challenges and innovations in the industry to maximize reliability in the power grid through Asset Performance Management.It highlights the role of digitization in delivering reliable and data-driven decisions through bringing together information from different organization silos and performing analysis in a methodical, consistent manner. Digital technologies such as mobile tools, industrial internet, big data and predictive analysis are some of the technologies that can be leveraged.An actual cases study is used to illustrate how an asset performance management project is implemented and how customer achieved extremely positive return on investment in a short time with practical technologies.

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