Utilities have existing asset management processes and software solutions to manage maintenance operations. Initially, these systems helped with regulatory adherence, but the vision was to gradually achieve maintenance excellence by moving from a reactive to a predictive stance.
Utilities plan, schedule and dispatch work in a manual or semi-automated way. However, they are not collecting operations parameters from the field. The lack of field data leads to non-performing assets, unavailability of asset analytics, and subsequent reactive maintenance. There is room for improvement to achieve the goal of maintenance excellence.
The Enterprise Asset Management solution is an Industry 4.0 solution that enables businesses to reinvent key business processes, embrace digital technologies, leverage data and take asset management to the next level. Wipro’s proven approach helps companies overcome existing challenges, find opportunities to guide their transformations and utilize their data to become intelligence-driven organizations.
Wipro provides a holistic and comprehensive set of frameworks, industry best practices, tools, methodologies and solutions that help businesses innovate, make informed decisions and quickly reap business benefits that reduce costs, increase revenues and minimize risk.
Enterprise solutions include:
Recently recognized by Gartner and Everest Group as a data analytics leader, Wipro is helping companies leverage their data to move from reactive to predictive. Our solutions include leveraging technologies like IoT, digital twins, augmented reality, robotization, wearables and video with modern analytics solutions. These Industry 4.0 strategies will enable enterprises to become intelligence-everywhere organizations.
The marketplace is currently abuzz with reports of Utilities initiating digital transformations and of service providers drawing up digital roadmaps and offerings. Most of these changes are geared towards the customer end of the Utilities business the retail segment, primarily in the form of establishing Web and mobility front ends and setting up a social footprint. Process automation, digital device integration and usage of advanced analytics are what Distribution Utilities are moving towards. However, there is need and scope for a more pervasive and deeper digital engagement at the distribution level.