The grid of the future calls for an analytics-based, real-time asset strategy that relies on data from the implemented smart grid infrastructure.
Like most infrastructure-intensive industries, the utility industry is not unique in facing the challenge of managing its aging infrastructure in an environment that is increasingly complex and interdependent. With an increasing premium on power quality and reliability, deterioration of the grid infrastructure is not an option.
The growing need for maintaining and replacing aging grid assets combined with ongoing efforts to deploy smart grid technologies are shifting the paradigm to accentuate the importance of prudent and timely asset management practices.
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