The utility industry is at a crossroads, where everyone is facing a common set of questions:
How should capital be allocated between areas?
What improvements are best positioned to reduce SAIDI and SAIFI?
What areas have the largest O&M exposure?
How can we address dramatic increases in Vegetation Management costs?
How can we limit potential rate increases for customers?
These questions cannot be answered in isolation and instead benefit from the power of artificial intelligence to process terrabytes of data and help assess what areas will most benefit the utilities and its customers. Using the algorithms at the heart of Capital 2.0, StrategyWise can help companies move from asking “which projects should I fund and where” and move informed decision making on where their capital budgets will have the greatest impact.
The Capital 2.0 automatically synthesizes data needed for these decisions from disparate sources like vegetation management, outage information, financial information, and allocations of routine maintenance, to build a view of the O&M costs and operational performance of individual feeders/substations. Through this, Capital 2.0 allows users to see prioritization recommendations in real time around which systems to upgrade, as well as their associated projected capital impacts.