MILAN; April 28, 2008 – Accenture (NYSE: ACN) will help Italian utility EdiPower reduce equipment failure and service disruptions by deploying a predictive monitoring solution, which draws upon Accenture’s research into improving businesses’ ability to access, analyze and act upon business intelligence in real-time.
Accenture will use SmartSignal’s predictive monitoring system which extracts information from equipment sensors, control systems and business systems and then uses analytical models to predict equipment failures before they occur, reducing forced outages and greatly improving plant availability. The predictive monitoring solution will enable EdiPower to minimize downtime and emergency maintenance by providing EdiPower staff with real-time alerts.
“Most enterprise equipment maintenance today is either conducted reactively, after a costly failure occurs, or routinely, whether maintenance is needed or not,” said Claudio Arcudi, a senior executive in Accenture’s Utilities practice. “In its quest for high performance, EdiPower should be able to improve its maintenance planning, reduce maintenance costs and minimize plant downtime.”
The predictive monitoring system was populated with data gathered by EdiPower’s local plant site staff and data managers. Data cleansing and model creation were performed by Accenture with support from the utility and SmartSignal.
Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. With 178,000 people in 49 countries, the company generated net revenues of US$19.70 billion for the fiscal year ended Aug. 31, 2007. Its home page is www.accenture.com.
Today EdiPower ranks among the largest Italian energy producers, with a 7.1% share of national demand and 6,800 MW of power plants in operation, of which 750 MW from renewable (hydroelectric) sources and approximately 24 billion kilowatt produced in 2007. The technological mix and the locations of the plants make it possible to provide an offer capable of meeting the different energy needs of the national territory.
Edipower’s real strength is found in the diversification of the sources of energy procurement: gas (whose use is constantly growing) but also oil, coal and naturally water. This diversification represents a guarantee of high efficiency, flexibility and safety of the productive system. www.edipower.it
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