Utilities are at the convergence of the technology revolution and evolving distributed asset and business processes. When combined with persistent challenges associated with aging infrastructure, an aging workforce and increasing regulatory requirements, today’s utility leaders must identify how to maintain organizational stability, reliability and financial performance.
Holistic enterprise asset management capabilities enable clients to align their people, processes and technologies around strategic objectives and performance outcomes. The benefits are significant and include reduced costs and risk, as well as enhanced customer service and satisfaction, among others.
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