Utility Asset Management

How we can help with asset management for utilities

At Logic20/20, we recognize the complexities utilities face in managing aging infrastructure while adapting to modern demands such as distributed energy resources, increased electrification, and the challenges posed by natural disasters. Our utility asset management services address these challenges effectively through AI, machine learning, advanced analytics, and other cutting-edge technologies.

Drone and AI integration for asset inspection

Our asset inspection solutions utilize drone imagery, among other imagery sources, and AI-driven analytics to reduce the need for physical inspections, lower costs, and increase the coverage and accuracy of asset health assessments. Drones capture high-resolution images from multiple angles, and AI algorithms analyze these images to detect defects and assess overall asset conditions.

Machine learning for predictive maintenance

Our data science team develops tailored machine learning models that can predict electric utility asset failures and suggest preventive maintenance schedules. Based on historical data and real-time inputs, these models allow utilities to anticipate issues before they can lead to service interruptions. Providers can extend the lifespan of their assets and minimize the potential for unexpected breakdowns.

Asset data remediation

For situations in which the exact location of assets may be uncertain, our team develops solutions that

• Automatically pull asset location data from drone images and compare the location in the GIS system
• Generate reports to identify assets that have different locations and provide the information necessary to remediate

Advanced analytics for asset insights

We leverage our extensive experience in data science to provide utilities with actionable insights into asset health and risks. Our approach includes designing and developing comprehensive reports and dashboards that track asset data quality and provide critical management insights. These tools help utilities prioritize maintenance and replacement schedules effectively, reducing the risks of failures and optimizing the use of operational resources.

Empowering teams with best practices

We don’t just provide tools; we also ensure that your teams are equipped to use them. Logic20/20 leads design and requirement sessions that help embed best practices of analytics development within your data science teams. This foundational work accelerates innovation and helps utilities evolve from reactive maintenance strategies to proactive asset management.

Let’s talk about asset management inspection platforms for your utility.