Together, the companies will help utility customers reduce outage frequencies and cut the time required to make repairs when outages do occur. The proactive approach to asset management optimization enables utilities to provide reliable service to their customers while also allowing utilities to make better use of capital expenditures.
The announcement was made today at the 2014 Americas Software Summit.
“Incorporating Meridium’s advanced software solutions into our Smallworld platform will propel our distribution management offerings to a new level by strengthening our network data collection capabilities,” said
“Our Asset Performance Management Solution provides the framework for performance-driven, goal-oriented asset management optimization by addressing all aspects and challenges of an APM program in a single, comprehensive system,” said
In addition, the technological capabilities of the two companies will allow utility operators and maintenance personnel to view their entire distribution network and assets. Displayed in a geographic map view,
“The combination of technologies brought to life as a result of our collaboration with GE will help to position utilities to make more informed decisions surrounding asset investment and maintenance,” Nicholscontinued.
GE's Digital Energy business is a global leader in transmission and distribution solutions that manage and move power from the power plant to the consumer. Its products and services increase the reliability of electrical power networks and critical equipment for utility, industrial and large commercial customers. From protecting and optimizing assets such as generators, transmission lines and motors, to delivering analytic tools to help manage the power grid, GE's Digital Energy business delivers industry-leading technologies to solve the unique challenges of each customer. For more information, visit http://www.gedigitalenergy.com/.
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.
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