Utility assets are diverse, complex, and usually spread over large geographical areas. The Internet of Things (IoT) is expanding the boundaries of managing a network of connected grid assets. As utilities gradually move away from age-related maintenance schedules and visual inspections, they are investing in new technologies including remote asset tracking and monitoring, preventive maintenance, condition-based monitoring, and predictive maintenance to drive efficiencies and cut costs. In addition to addressing operational efficiency in asset management, utilities are also focusing on value creation through customer-centric operations and new revenue streams.
Commissioning a new asset or replacing an old asset before it has reached functional failure is expensive. Failure or the unavailability of critical assets may lead to delayed operations, monetary losses, and poor customer service. The Internet of Things (IoT) expands the boundaries of managing a network of connected grid assets. IoT-enabled asset management enhances areas of asset maintenance, field operations, outage management, and planning through the continuous, real-time monitoring and reporting of critical assets. A single, cloud-based repository to store and analyze data from various operational and business applications, created through the use of IoT sensors and third party sources can significantly change the monitoring and management of mission-critical assets. Capgemini has partnered with Intel to develop an end-to-end solution for asset tracking that will reduce expensive preventive maintenance, offline utility outages, and resource-intensive costs.
The open, XIoT-based solution captures different types of data from different types of sensors, business applications and IoT devices to monitor the globally dispersed asset network. In aggregate, these devices provide instant snapshots of asset health and performance with information such as condition, age, location, vibration, flow rates, pressure, temperature, and other operational characteristics.
The proven Capgemini XIoT solution with Intel technologies provides organizations with the ability to automatically collect and analyze data from connected devices, sensors, machines, and people as well as to recommend and take appropriate actions. The fully integrated combination of Intel’s hardware, software, and security ecosystem with Capgemini’s XIoT middleware and analytics capabilities provides a unique, business-case oriented, and secure end-to-end IoT platform solution, available “as-a-service” and ready for industrial deployment.
Related Customer Success World-leading energy and utility company EDF improves safety equipment inspection monitoring and maintenance at its nuclear plants with Internet of Things-enabled asset tracking