Traditional bottom up condition surveying has been used for decades to inform the level of investment needed to maintain assets in a safe, operational and fit for function condition.
71% of the total cost of ownership of commercial fixed assets is driven by Operations & Maintenance cost.
While in Industrial Companies Unplanned Breakdowns and repairs are the key reasons for increase in maintenance costs & reduced service efficiency.
Over 50% Industrial business have identified Energy Efficiency as an area to reduce cost and reduce their carbon footprint.
When an Asset is Not functioning as intended the impact to business is clear in lost revenue. However on the Customer end i.e: for the citizen using the Stations and other related infrastructure the impact is more personal.
Prognostic solves the problem of unplanned breakdowns & repairs using data to deliver an automated Condition Monitoring, Energy Monitoring and Predictive Maintenance, powered by AI for Asset Performance Management and long term Asset Maintenance Investment Planning to invest on the right asset, at the right time and for the right cost.