Achieving Smart Asset Management

Achieving Smart Asset Management
Posted: 13 Jul 2013
Authors:
Siri Varadan
Primary Committee:
IEEE Smart Grid Newsletters
Pages: 3

Smart grid efforts have resulted in the creation of huge amounts of data due to the widespread deployment of automated metering, phasor measurement units and other intelligent electronic devices. Using this data to effectively manage assets with the objective of balancing performance, costs and risks in the context of shrinking budgets and tight regulatory requirements is the ultimate goal of smart asset management.

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