Asset Management

As utilities face mounting pressure to do more with aging infrastructure, effective asset management has become essential to grid performance, safety, and long-term planning. This topic explores how utilities are adopting data-driven strategies to assess asset health, prioritize investments, and extend the life of critical infrastructure. Topics include condition-based monitoring, risk modeling, digital twins, GIS integration, and lifecycle planning. Learn how utilities are evolving from reactive maintenance to strategic, value-based asset stewardship that supports reliability, safety, and regulatory compliance.

Core Concepts

  • Lifecycle asset management
  • Condition-based maintenance
  • Predictive maintenance
  • Risk-based asset prioritization
  • Asset health indexing (AHI)
  • Critical infrastructure planning
  • Failure mode analysis
  • Reliability-centered maintenance (RCM)
  • Total cost of ownership (TCO)
  • CapEx vs. OpEx optimization
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