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Hydro One Networks Aims for Greater Asset Reliability With Situational Intelligence Solution From Space-Time Insight
* Reuters is not responsible for the content in this press release.
SAN DIEGO, CA, Jan 29 (Marketwire) --
DistribuTECH 2013 -- Space-Time Insight, the leading provider of
next-generation situational intelligence solutions, today announced that
Hydro One Networks has deployed Space-Time Insight's geospatial and
visual analytics software to improve the health and reliability of their
transmission and distribution assets. The situational intelligence system
is being implemented in conjunction with Accenture (NYSE: ACN), a global
management consulting, technology services and outsourcing company, which
is providing technology consulting and systems integration services to
Hydro One.
Space-Time Insight's software makes it easier for asset managers and
executives to determine the transmission and distribution assets at
greatest risk of failure, with the goals of improving service
reliability, lowering costs and reducing exposure to liability and safety
issues. The system provides a consistent, comprehensive view of asset
risks and priorities, helping operators and field crews collaborate on
scheduled maintenance, refurbishment planning, and strategic asset
lifecycle decisions that improve grid reliability.
Hydro One Networks is involved in the planning, construction, operation,
and maintenance of transmission and distribution networks in Ontario.
Hydro One Networks' transmission system carries electricity from
generating stations to local distribution companies and large industrial
customers through a high-voltage network of transformer stations,
transmission towers and wires. The company owns 97% of the transmission
network in Ontario and operates 26 interconnections with neighboring
provinces and states.
"We are excited to be working with Space-Time Insight and Accenture on
this project," said Wayne Smith, SVP, Planning and Operating of Hydro One
Networks. "The situational intelligence system gives our asset managers
unique insights into our asset portfolio, helps them plan more
effectively, and ensures greater reliability of the service we deliver to
our customers."
The Space-Time Insight solution integrates data and functionality from
many different systems including SAP ECC, GIS, and real-time data to
provide a complete view of Hydro One's assets. The intelligence generated
from measuring the risk factors associated with field assets will result
in improved grid reliability, capacity, productivity, and overall
organizational efficiency. For example, the system could reduce the
number of field service trips through proactive assessment of an asset's
condition.
Brian A. Martin, a managing director in Accenture's Utilities industry
group, said, "Accenture is committed to helping Hydro One optimise its
assets and working with the utility and Space-Time Insight to enhance
Hydro One's asset analytics capabilities."
"Hydro One's vision for the health and administration of the smart grid
across their organization further demonstrates the role and importance of
situational intelligence in the management of critical infrastructure,"
said Steve Ehrlich, SVP, Marketing of Space-Time Insight. "We are pleased
to be working with Accenture on this project and look forward to jointly
executing on that vision."
About Space-Time Insight
Space-Time Insight transforms the vast
quantities of disparate information spreading across organizations, into
intuitive visual displays that businesses can use to make informed
real-time decisions. From traditional transmission, communications and
transportation networks to Smart Grids and Cities, our next-generation
situational intelligence solution is making critical infrastructure
smarter, safer and more reliable. With Space-Time Insight, enterprises
can visualize and analyze their resources across location and time,
rapidly respond to disruptions in service, and lower risk while
increasing customer satisfaction and profitability. Major organizations
around the world rely on our high performance software to gain actionable
insights into their businesses and make real-time operational decisions.
Space-Time Insight's partners include Accenture, SAP and OSIsoft.
Space-Time Insight is privately held and based in San Mateo, CA. For more
information, visit http://www.spacetimeinsight.com.
Jill Hara
310-292-1213
jhara@kickstartconsulting.com
Copyright 2013, Marketwire, All rights reserved.
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