The decentralized utility is coming. Are you ready to make the shift?
To better manage grid operations, many utilities are turning to risk-based predictive asset maintenance and monitoring technologies. Yet some continue to rely on traditional scheduled or reactive asset management strategies, leaving a lot on the table. Compounding problems for those not being proactive are the increasing number of renewable energy sources and the rise of the “prosumer” relationship with customers, which makes asset management even more challenging for utilities already swamped by operational data, creating a lack in actionable intelligence.
IFS partnered with Zpryme to survey more than 100 utilities to better understand this shifting landscape. This report discusses how to move away from a break-fix model within an asset maintenance strategy, and explores the changing dynamic between utilities and customers.