Enterprise Asset Management for Utilities and Power Companies
Utilities and power generation companies make the world go round. Without utilities, regular daily life would come to a halt. This makes it even more crucial for these companies to have effective enterprise asset management (EAM) strategies.
That said, the utilities and power generation industry faces challenges with asset management due to widespread locations, diverse sites, and varying jurisdictional impacts on daily operations.
The Prometheus Platform helps solve for these challenges, enabling utilities and power companies to streamline work processes and improve productivity.
Issues EAM Software Can Solve for Utilities and Power
Responsible for catering to a variety of customers, the utilities and power generation industry is subject to constant pressure to provide reliable services. Some challenges this industry faces are:
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Old above-ground, underground, and grid infrastructures that need to be replaced
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Changes in government regulation on safety and environmental impact
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Redundant data entry in multiple data management systems
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Unplanned outages and shutdowns caused by natural disasters
Connecting EAM Processes for Utilities and Power Companies
In an industry as crucial as utilities and power generation, uptime, efficiency, and reliability are key. The Prometheus Platform helps you optimize processes and streamline your asset management.
Maintenance Planning and Scheduling
Prometheus Planning and Scheduling enables organizations to improve the management of maintenance schedules to reduce maintenance backlog, increase efficiency, and maximize cost savings.
Environmental Health and Safety (EHS)
Utilize the Prometheus Environmental Health and Safety Suite to streamline permitting and safety management processes to improve visibility, communication, compliance, efficiency, and safety.
Mobility
Update maintenance information and execute maintenance work anywhere with Prometheus Mobility. Gain the ability to perform work online or offline, as Mobility syncs information once you return to an internet connection.
Reporting and Analytics
Prometheus Reporting and Analytics provides you with custom reports to track your core maintenance metrics like preventative maintenance compliance, wrench time, planned versus unplanned work, and maintenance backlog.
Master Data Governance
Maximize asset management efficiency, accuracy, safety, and effectiveness with Prometheus Master Data as a Service, a solution that enables you to standardize and manage your master data.
Shutdown, Turnaround, and Outage (STO) Management
Improve your shutdown, turnaround, and outage management processes to control STO duration, reduce unplanned costs, handle scope creep, and enhance accuracy for increased shutdown and turnaround efficiency.
Contractor Management
Streamline and increase the efficiency of your contractor management with an integrated solution that helps you compare contractor rates, track time, view and accept bids, manage qualifications, and manage availability.
Construction and Commissioning Management
Streamline the management of capital project portfolios and construction commissioning and completion with the ability to improve communication, data integrity, efficiency, and tracking of projects.
Asset Performance Management (APM)
Leverage Prometheus APM to improve your asset performance management through the ability to distill complex sensor data into actionable alerts that help you catch and address issues before asset failure
Prometheus Group Customer Success Stories
“Prometheus Scheduler had every feature we wanted and some we hadn't even thought of yet. It used to take two to three minutes to edit one work order. Now, we can edit hundreds of them in just a couple of quick clicks. Prometheus Scheduler provides us with a clear view of the work orders in our backlogs, the good and not so good. It’s showing us very clearly where the junk is and where we need to clean up our backlog.”
“Between Prometheus Group’s APM platform and the Remote Monitoring services, our benefits many times exceed the cost of the solution.”
“We had been running at almost 180 gallons per connection in daily nonrevenue water. As I look at it today, the last two weeks we’re averaging well below 100 gallons. If we didn’t have this software, we would have to compute everything feeding into us. Performance Analysis calculates the benefits for me instantly. The key for us is, instead of just going out to search for leaks indiscriminately, we want to be able to see which specific areas need the leak detection.”
“We’re able to monitor more sites, with more asset tags per site, with fewer people. By that metric alone, we now do ten times more work per hour using Prometheus APM than we did before.”
“The notifications give the ability for any member of my team to evaluate discrepancies they wouldn’t usually see. The issue might not be generating an alarm in the DCS, but the notifications identify deviations that might require additional attention.”
Integration Capabilities
The Prometheus Platform integrates with core enterprise resource planning (ERP), EAM, and computerized maintenance management systems (CMMS), such as SAP, IBM Maximo, Oracle, and JD Edwards. This helps to connect processes and improve data accuracy in organizations’ systems of truth.
Featured Resources for Utilities and Power Generation
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Explore the Prometheus Platform
In the utilities and power space, consistent and effective utilities enterprise asset management is paramount to success. Discover how the Prometheus Platform streamlines and connects your processes to maximize efficiency.