IBM and India Grid Trust have announced a multi-year collaboration agreement to build artificial intelligence AM platform. IndiGrid will deploy a hybrid cloud solution with IBM Maximo Application Suite. The latter runs on the secure and open IBM Cloud; thus it optimizes the quality and utilization of its assets throughout their lifecycle. It also increases productive uptime through preventative and predictive maintenance; drive efficiency and reduce operating costs. Thus, it ultimately delivers better value to its investors.
IndiGrid currently has 11 operating projects consisting of 28 transmission lines with more than 6,280 circuit KMs length and 9 substations with 11,460 MVA transformation capacity. It further plans to grow its asset base in transmission and solar sector. Through this digital transformation with IBM Services, IndiGrid will be able to monitor, manage & maintain these multi-component assets efficiently and leverage AI for detecting anomalies at scale – thus proactively preventing their breakdown and boosting availability. The IBM Maximo Application Suite will allow IndiGrid to become future-ready by improving the overall health of its assets and maximise the full potential of their operating life while adhering to safety & regulatory guidelines.
From the leaders
Commenting on the collaboration, Mr Satish Talmale, COO, IndiGrid said,
“IndiGrid has adopted a long-term RCM approach to manage its assets with safety, reliability and efficiency. This collaboration with IBM will enable IndiGrid to lead the sector transformation; from the conventional-corrective practices to preventive and resilient-RCM approach. This approach is laid on the back of industry-leading process standardization, predictive and risk-based maintenance practices and also upskilling of its workforce for digital asset management.”
Kamal Singhani, Country Managing Partner IBM Services, India/South Asia added,
“For India’s energy companies, constant upkeep of critical infrastructure is paramount. It ensures reliable, safe, and uninterrupted services. The operational and financial impact of these assets is multifold. By capitalizing on new AI and cloud capabilities to bring Industry 4.0 live in action and gain from it, IndiGrid is paving the way for the industry. With Application Suite running on IBM Cloud, IndiGrid will be able to take the preventive, predictive and prescriptive actions required to reduce risk, lower costs and improve efficiencies. Thus, helping them to realize their vision to be the most admired yield vehicle in Asia.”
The Maximo Application Suite deployed by IndiGrid integrates EAM, Asset Monitor and Asset Performance Management on a single hybrid cloud platform. This runs on IBM Cloud and Red Hat. Specific asset hierarchies, industry asset models and usability features will further bolster its capabilities. The latter which is purpose-built for transmission and distribution businesses.