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Addressing Complex Project and Asset Management Needs in the Utilities Industry

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An Infoys Limited Guest Contribution The electrical utility industry is characterized by huge and geographically widespread organizational structures. Moreover, the processes followed by industry players across their several business functions are cumbersome and complex. Today’s utilities face numerous challenges like high operational efficiency, stringent safety levels, high reliability and proactive customer service. Also, being asset intensive, emphasis on critically tracking assets availability and performance has become an  important  priority. With these ever growing demands, the work and asset management in the utility is changing and striving for excellence. Enterprise packages populated  by  best-of-breed applications have been supporting utility work and asset management processes effectively for a long time. However, a futuristic outlook and ever growing demands of utilities has forced them to look beyond the boundaries of these work and asset management applications.  Greater emphasis is now being given to the functions which are more relevant to business, and address […]