|[October 08, 2012]
Siemens Smart Grid and Utilicase Announce Strategic Agreement for Smart Asset Management
MINNETONKA, Minn. --(Business Wire)--
Siemens (News - Alert) Smart Grid Division and Utilicase have entered into a
collaboration agreement to offer a combined solution linking Smart Grid
functionality with Enterprise Asset Management for the North America
market. This agreement will allow utility customers to integrate their
latest Smart Grid investments in asset performance assessment,
operations with maintenance and capital investment strategies. This will
enable utilities to better manage data analytics and will deliver a
holistic view of present grid reliability as well as provide
opportunities to optimize the investment in enhanced reliability in the
"As consumers look for ways to better manage their energy consumption,
this solution will help utilities better utilize internal resources to
improve grid dependability for their customers," said Thierry Godart,
President of Siemens Smart Grid Division North America.
The combined solution will be modular and capable of being phased in
over a multi year period. This approach allows the customer to assure
that benefits are realized incrementally over time while minimizing
implementation risk and business process disruption.
"The goal is not to replace the investment made by utilities recently in
enterprise asset management but to leverage the Utilicase EPS-M platform
coupled with Siemens asset and operational knowledge to make the
existing information actionable and provide critical insight into grid
reliability and risk," said Spero Mensah, Chief Executive Officer of
Siemens Smart Grid and Utilicase will be conducting joint presentations
to customers over the coming months to introduce the combined solution
and its benefits.
The joint agreement is an extension of an existing relationship between
Siemens and Utilicase. Both companies hve worked together on past
projects to deliver a joint customer solution in Energy Automation.
For additional information on the Siemens Utilicase solution, please
contact Barbara Servatius at 404-550-9313 or Barbara.Servatius@UTILICASE.com.
Siemens Infrastructure & Cities Sector, with approximately
87,000 employees worldwide, offers sustainable technologies for
metropolitan areas and their infrastructures. Its offerings include
complete traffic and transportation systems, intelligent logistics,
efficient energy supply, environmentally compatible building
technologies, modernization of the way power is transmitted and
distributed, and smart consumption of electricity. The sector is
comprised of the Rail Systems, Mobility and Logistics, Low and Medium
Voltage, Smart Grid and Building Technologies Divisions as well as Osram
Sylvania. For more information, visit www.usa.siemens.com/infrastructure-cities.
The Siemens Smart Grid Division supplies products and
solutions for intelligent and flexible electrical network
infrastructures. To meet growing energy needs, the networks of today and
tomorrow must integrate all forms of power generation and ensure
bi-directional energy and communication flows. Intelligent networks help
make it possible to generate and use power efficiently and on demand.
They contribute to the electrification of railroads and also supply
industrial enterprises, infrastructure elements and entire cities with
electricity. For more information, visit www.usa.siemens.com/smartgrid
Based in Montreal, Qc Canada, with offices in the United States,
UTILICASE has been a solution provider to power utilities since 1994.
From lessons learned working with various utilities to help solve asset
aging issues, UTILICASE has developed a comprehensive Strategic Asset
Management offering. Using UTILICASE EPS-M software products, utilities
will be able to mitigate the risks and impacts of aging infrastructure
while improving reliability, increasing productivity and holding down
costs for maximum Return on Investment. UTILICASE also provides
consulting and integration services in SCADA/EMS/DMS and telecom
engineering to power utilities. Visit www.utilicase.com
for more information.
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