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Utilities Business Review | Wednesday, April 19, 2023
Utility firms may enhance operations and maintenance by having continuous access to technical data and input choices that enable safe knowledge sharing and advanced data analytics.
Fremont, CA: Digital transformation is a well-known aspect that promotes operational efficiencies and the development of a new value chain. It's especially true for utilities attempting to decarbonize and decentralize their sources. As utilities' basic services become commodities, the firms must provide new, enhanced value to compete effectively in the services industry.
Digitalization assists many plants and infrastructure operators in managing plant lifecycles, including ARO (asset retirement obligations) procedures, from design to dismantling. It also delivers solutions to many working areas, such as safety, cooperation, job quality, and environmental effect. Let's take some of these topics.
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• Safety
Digitalization is indeed a game-changer in identifying threats and delivering excellent crisis management. New, user-friendly FSM (Field Service Management) tools ensure complete situation awareness with features including geolocation services, real-time notifications, assisted video-calling, authentic photo or video exchange, remote monitoring of vital signs, and assistance in the case of any emergency, and drone deployment in dangerous areas.
Digital technology also adds an essential layer of communication security. It prevents misunderstanding, mistakes, and incidents by serving as a "single source of truth" and a facilitator of integrity.
• Collaboration
In terms of collaboration, digitization offers a variety of tools enabling operators, business managers, specialists, customers, and communities, to support collaboration and details sharing via collaborative platforms. The technology presents solutions according to the sharing of insights and skills and the relationship of individuals, and it disassembles silos and enables more open details sharing.
Most utility companies go to the next phase of business intelligence: KPI monitoring, risk management, and dashboards, where data may be consolidated and shown at different corporate levels (plant, fleet, or portfolio), enhancing the speed and quality of making decisions.
• Work Quality
Utility firms may improve functions and upkeep by having endless access to technical data and input choices that allow safe understanding sharing and refined data analytics. Therefore, they may yield actionable understandings and improve their operations.
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