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Optimizing water asset management is a feasible way of protecting precious and constrained resources.
FREMONT, CA: Managing and maintaining the assets in the purview of water utilities seem to be of utmost importance. The imminent shortage of water can be mitigated when stakeholders take preventive steps and enforce best practices across their facilities. The efficient management of water assets, however, is not simple. Thousands of kilometers of pipes, expansive storage reservoirs, purification and treatment plants spanning acres, and much more come underwater utility companies. Some ways in which water utility companies can enhance capabilities and undertake improved asset management is discussed in the following points.
• A Transformative Approach
A modern, transformative approach from water utility companies is essential. By incorporating advanced technologies, factors like planning, designing, maintaining, and managing become feasible and convenient. Assuming that legacy infrastructure will be able to accommodate advanced functionalities is unfair. But technology does have the potential to transform the aging infrastructure for enhancing efficiency and reducing vulnerabilities like leakages. An adequately scaled approach can help utility companies to comprehensively cover each nook and corner of water utility assets and manage them better.
• Openness to Digital Solutions
A good way of achieving better results with asset management is through the use of digital solutions. Technology vendors offer host software solutions to streamline asset management. These solutions have the potential to strategically assist operators and managers in maintaining treatment, as well as distribution systems. Data-driven asset management is adding layers of intelligence to asset management capabilities of water utility firms. With digital solutions, extracting, processing, and gaining actionable insights becomes easier.
• Making Way for Sensors and Automation
Automating certain aspects of water asset management can entitle water utilities to much better results. There has been accelerated progress in automation technology in recent years. With RPA, systems can be handled with better ease, and maintenance can be prioritized. Smart sensors can be deployed to collect critical data from anywhere in the water distribution systems. Backed with ML and AI, systems can detect leakages and potential leakages. Water assets can be given longer lifecycles when predictive maintenance is adopted.
Despite the challenges that come with managing the assets involved in water management systems, stakeholders can achieve better results by leveraging technologies and tools in the appropriate way.
Also see:- Top Enterprise Asset Management Consulting/Services Companies
