Enterprise asset management in the energy sector requires a strategic approach. "Many utilities invest in asset management systems without getting the required input data," reported Energy Tech Review. "To ensure optimum performance and total ROI, a quality information system approach is necessary for the utility asset management system."
Utilities require dozens, if not hundreds of management tools to monitor the health, status and location of thousands of individual assets. While no single system can offer total oversight, solutions that provide condition based monitoring and sensors and tracking for critical assets can deliver the insight utilities need for business continuity.