What is Asset Lifecycle Management? A Comprehensive Guide
Author Sticky
Originally published in the March/April issue of Energy Source & Distribution
Electric utilities are facing exponential data growth across their operations. And much of that volume is directly related to a utility’s network of assets—from geospatial information and connectivity attributes to technical parameters and status information. All of prime importance for the efficient, effective and resilient day-to-day operations of a utility.
GE Vernova’s Geospatial Asset Management solutions empower utilities to develop a connected network-based geospatial model of their real-world assets and all associated data. This consistent, as-built model is shared across related operational departments, reducing redundancy, increasing accuracy, improving consistency and supporting the rapid expansion of network infrastructure required to support modern grid networks.
Through native interoperability with GE Vernova’s industry-leading operational solutions (ADMS, Outage Response, AEMS), and standards-based interoperability with adjacent operational tools, these solutions empower grid operators to improve the value of their data and drive quality and data governance of their connected enterprise network model as follows:
Electric utilities are facing exponential data growth across their operations. And much of that volume is directly related to a utility’s network of assets—from geospatial information and connectivity attributes to technical parameters and status information. All of prime importance for the efficient, effective and resilient day-to-day operations of a utility.
GE Vernova’s Geospatial Asset Management solutions empower utilities to develop a connected network-based geospatial model of their real-world assets and all associated data. This consistent, as-built model is shared across related operational departments, reducing redundancy, increasing accuracy, improving consistency and supporting the rapid expansion of network infrastructure required to support modern grid networks.
Through native interoperability with GE Vernova’s industry-leading operational solutions (ADMS, Outage Response, AEMS), and standards-based interoperability with adjacent operational tools, these solutions empower grid operators to improve the value of their data and drive quality and data governance of their connected enterprise network model as follows:
- Operationalizing assets: Enabling utilities to better operate network and assets, delivering higher ROI
- Analyzing and unleashing the power of data: Enabling utilities to analyze operations and asset data to derive unique, actionable insights
- Leveraging that data to optimize for the best outcomes: Optimizing operations, assets and people, delivering Network Level Optimization
GE Vernova’s solutions also provide the capability to visualize and drive business intelligence across various sources of geospatial data together, without having to replicate data repeatedly, thereby reducing the risk of data degradation. Unlike other GIS systems, GE Vernova’s software is scalable and proven for managing high volumes of network connectivity data and also proficient at enabling the business workflows required to operate across the enterprise at the pace required.
GE Vernova’s solutions empower utilities to connect and orchestrate their geospatial network model and data consistently and confidently throughout the enterprise, successfully navigating the data challenges presented by today’s ever changing operating environment.
Learn more at our geospatial solutions webpage.
GE Vernova’s solutions empower utilities to connect and orchestrate their geospatial network model and data consistently and confidently throughout the enterprise, successfully navigating the data challenges presented by today’s ever changing operating environment.
Learn more at our geospatial solutions webpage.