Electrical Business

Features Energy & Power Transmission & Distribution

ABB survey: IoT key to utilities’ asset management

March 30, 2016 | By Renée Francoeur

March 30, 2016 – To better understand the progress being made in the utility industry regarding asset management, ABB, Microsoft and Zpryme reached out to 221 utility executives to learn more about their information technology (IT) and operational technology (OT) approaches.

This global survey found these executives increasingly believe that IT-OT integration is a key component of any effective asset management strategy. Some 80% held IT-OT integration for asset management as valuable. 58% of respondents either have, or are planning to have, a strategy leveraging the Internet of Things (IoT) for asset management and 55% reported the importance of asset management has increased over the past 12 months.

“Now more than ever, organizations must be able to bring together once disparate technologies and systems to better understand their increasingly complex asset base. They must also share insights from their assets across the organization,” ABB says.

You can download that free report HERE.


Print this page


Stories continue below