As urbanisation increases — an additional 2.5 billion people will live in urban areas by 2050 — cities and suburbs must undergo a significant transformation to create sustainable living conditions for their residents. Energy is a key pillar of this transformation, as energy companies seek to meet demographic and economic growth expectations in an environmental friendly way. Electricity and gas companies can enhance efficiency and performance from existing capital investments by improving asset performance, made possible in part by the Industrial Internet of Things (IIoT).
“Optimising asset performance is critical to maintaining profitability, especially given the challenge of operating within highly dynamic environments,” said Kim Custeau, Asset Performance Business Lead at AVEVA. “We support our customers as they embark on their digital transformation journey, focusing on improvement areas that will have a positive impact to their business.”