Picture of health - An integrated approach to asset health management

Asset-intensive industries face increasing pressure to improve how well they utilize and maintain their equipment. Asset health management is emerging as a critical business process due to the potentially very significant bottom-line impact of asset decisions on profitability, compliance and customer satisfaction. To guide better-informed decisions and eliminate wasteful expenses, ABB's Asset Health Center (AHC) blends business intelligence and asset analytics, incorporating expert knowledge of industrial equipment and verticals. ABB is now leveraging its expertise in power transmission to help a large North American utility optimize capital expenditures, and operations and maintenance plans. A new Subject Matter Expert (SME) Workbench will further expand these analytics and extend asset health management capabilities to other areas.