Accenture and SAP Accelerate Digital Asset Management with SAP® Predictive Maintenance and Service, add-on for utilities
October 11 2016 - 12:13PM
Business Wire
CenterPoint Energy to Take Advantage of
Extension of Utilities Capabilities in SAP S/4HANA®
Accenture (NYSE:ACN) announced a collaboration with SAP SE
(NYSE:SAP) to develop the next generation of predictive analytics
solutions for asset management in the utilities industry to enable
condition-based maintenance. The SAP® Predictive Maintenance and
Service solution is planned to be extended to better manage risks
by improving equipment uptime in transmission and distribution, as
well as maintenance and equipment-replacement planning. The
announcement comes after both companies announced in
January a comprehensive program of ongoing collaboration on
the core development and go-to-market for SAP S/4HANA®.
CenterPoint Energy, a U.S.-based energy distribution company, is
collaborating with both companies to implement next-generation
asset analytics solutions to complement its ongoing work in this
area. SAP Predictive Maintenance and Service is a key part of the
technology solution underpinning this approach. This follows an
initial proof of concept that proved the business and technology
value proposition of the SAP Predictive Maintenance and Service
solution, enabling CenterPoint Energy to make better maintenance
and renewal decisions using predictive analytics and insight into
asset health.
“The proof of concept allowed us to quickly determine how to
optimize our asset renewal strategy for underground residential
distribution,” said Gary Hayes, CIO and SVP from CenterPoint
Energy. “We are looking forward to achieving similar results across
the full asset management lifecycle for a wider scope of assets,
working with Accenture and SAP in a co-innovation project.”
“The utilities industry continues to face regulatory pressure to
optimize its operating costs and improve the quality of power
supply by better managing more complex grid networks, which are
destabilized by new distributed energy resources,” said Matias
Alonso, senior managing director, who leads Accenture’s utilities
practice. “This solution arrives at the right time to help
utilities manage the risk of asset failures and their related
costs.”
SAP’s next-generation SAP HANA® platform together with the SAP
Predictive Maintenance and Service solution provide the extendable,
open platform for utilities to bring together IT and operational
technology (OT) information, while building new digital
applications to garner new business insights in real time from data
analytics.
“SAP’s approach is to work with our customers and Accenture to
help ensure that our products meet industry needs, bring innovation
on the SAP HANA platform and deliver tangible business value,” said
Henry Bailey, global vice president, head of Utilities Industry
Business Unit at SAP. “We will be onboarding new charter clients
who want to participate in this exciting program with Accenture to
contribute to the requirements for SAP Predictive Maintenance and
Service, add-on for utilities.”
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services and solutions in strategy,
consulting, digital, technology and operations. Combining unmatched
experience and specialized skills across more than 40 industries
and all business functions – underpinned by the world’s largest
delivery network – Accenture works at the intersection of business
and technology to help clients improve their performance and create
sustainable value for their stakeholders. With approximately
384,000 people serving clients in more than 120 countries,
Accenture drives innovation to improve the way the world works and
lives. Visit us at www.accenture.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20161011006341/en/
AccentureGuy Cantwell,
281-900-9089guy.cantwell@accenture.comorJulie Bennink,
312-693-7301julie.l.bennink@accenture.com
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