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APM

Asset performance management software

for the electric utility industry

Maximizing asset performance for electric utilities relies on dynamic processes that capture and maintain quality information. Well-informed decisions about repairs and replacements impact the bottom line, but also have an integral relationship with both customer satisfaction and regulatory requirements. Generating actionable information about the health of transformers, breakers and other vital equipment has not always been easy, and is often based on tribal knowledge.

APM for electric utilities

The monitoring and management of utility equipment can be automated, transparent, efficient and effective. This, combined with powerful analytics using timely and relevant data about equipment health and performance, means that utilities can make well-informed decisions, realizing measurable savings in day-to-day operations as well as long term capital planning.

Definition of asset performance management

Asset performance management is a combination of data capture, integration, visualization and analytics and reliability and can also include asset risk management, reliability-centered maintenance, predictive asset management and condition-based management. Utilities are increasingly adopting these elements, which also helps to achieve certified compliance with asset management standards ISO 55000 and PAS 55.

A better APM approach

Many utilities have been basing asset maintenance schedules purely on time intervals, taking transformers out of service every few years for cleaning and changing parts. A better approach is based on the current health and performance of a fleet of assets. Utilities can improve their asset performance management programs by developing health index ratings for all assets, paying particular attention to equipment in bad health and “bad actors.” A bad actor is a piece of equipment that has shown a high percentage of failure due to design or build. A good actor in mediocre health has less of a chance of failure than a bad actor in very good health. Over the course of compiling these health index scores in a computerized maintenance management system, utilities are able to identify with confidence the assets most vulnerable to failure.

Software designed for the electric utility industry

Designed specifically for the electric utility industry, Cascade is a utility asset management software tool that can help companies just beginning to shape their asset performance management strategy as well as those that have already made significant progress.

Find out more

  Asset Performance Management checklist

Asset Performance Management checklist

Are you missing any critical features? Review the most important criteria an APM solution should meet.

  News update

News update

Gartner recognizes DNV in Market Guide for Asset Performance Management Software

  Cascade platform for asset performance management (APM)

Cascade platform for asset performance management (APM)

Cascade collects and aggregates data, monitors and perform analyses, providing insights to support decisions

  What you should know about APM

What you should know about APM

Asset performance management for electric utilities

 

Cascade Foresight

Transformer preventive maintenance and asset health index

 

Utility veteran turned APM expert

Maynard Coulson makes impact on industry level

 

Cascade Insight

Grid analytics and substaion maintenance

 

Whiteboard video: Introduction to APM

Asset performance management for electric utilities

 

Industry Insight Report: APM

Asset perfomance management for electric utilities

What can Cascade software do for your company?

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