Accenture Providing Hydro One Networks with Asset Management Analytics Solution

Mon Jan 28, 2013 8:00am EST

* Reuters is not responsible for the content in this press release.

Utility benefits from improved data quality and predictive analytics
TORONTO--(Business Wire)--
Accenture (NYSE: ACN) is providing Canadian utility Hydro One Networks Inc. with
an analytics solution to improve how the utility plans investments in its
transmission and distribution assets. The asset analytics solution uses a
risk-based approach to prioritize capital and maintenance expenditures, which
will help Hydro One manage and identify operations, maintenance and
administration requirements. 

Accenture is helping Hydro One to access and integrate historical asset data and
information from multiple databases and business applications that were either
inaccessible or not integrated into the utility`s information technology and
operations technology networks. With the implementation of the asset analytics
solution, the utility`s asset management, engineering and planning workforces
will have information on the performance of transmission and distribution assets
that is time-based and locational. By pulling together the data and information,
Hydro One expects to have both improved data quality and advanced predictive
analysis capabilities to define the requirements and forecast expenditures
needed to maintain the electrical grid at an optimal level. 

Hydro One anticipates that, when the analytics solution is fully deployed, it
will use data that can be combined with other statistical modeling, forecasting
and optimization techniques to enable the utility to better anticipate its grid
performance. Its managers will be able to access integrated asset information to
help them further identify and plan for short- and long-term investment
scenarios and deliver performance outcomes that mitigate power system and
on-going investment risk. 

"Our ratepayers expect us to get the most out of our assets and Accenture is
helping us do exactly that," said Rick Stevens, Vice President - Asset
Management at Hydro One Networks. "We chose Accenture because they have
significant experience with Hydro One`s business processes and IT systems, as
well as SAP, enterprise asset management and ERP solutions. They also have a
track record of successful delivery along with the skills and people required to
deliver on the goals for this analytics solution." 

The asset analytics solution is based on a SAP BusinessObjects business
intelligence software platform and Space-Time Awareness Server from Space-Time
Insight, a scalable software product that processes data in real-time. 

Brian A. Martin, a managing director with Accentures Utilities industry group,
said, "Accenture is focused on delivering a next-generation asset analytics
solution that will help Hydro One make better-informed investment decisions and
improve its asset management performance through state-of-the-industry

About Hydro One

Hydro One delivers electricity safely, reliably and responsibly to homes and
businesses across the province of Ontario. It owns and operates Ontario's 29,000
km high-voltage transmission network that delivers electricity to large
industrial customers and municipal utilities, and a 123,000 km low-voltage
distribution system that serves about 1.3 million end-use customers and smaller
municipal utilities in the province. Hydro One is wholly owned by the Province
of Ontario. 

About Accenture

Accenture is a global management consulting, technology services and outsourcing
company, with 259,000 people serving clients in more than 120 countries.
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. The company generated net revenues
of US $27.9 billion for the fiscal year ended Aug. 31, 2012. Its home page is

Christine Yee Fields, 216-535-5092

Copyright Business Wire 2013

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.