Asset Management to support optimised network performance


Asset management spanning maintenance, condition monitoring, spares management to consulting and strategic asset refurbishment and replacement for power grids.

By using our original equipment manufacturer knowledge and the power of data, we can give utility customers and asset owners deep insights in to the actual condition of their assets and pinpoint if, why and when interventions & investments need to be made, driving tangible optimisation.


Are you asking yourself:

  • Am I doing the right maintenance at the right time?
  • How will the condition of my assets develop in the future?
  • When should I replace my assets?
  • What is the condition of my assets right now?
  • How to extend the lifetime of my assets?
  • How to optimise CapEx and OpEx and plan long-term?

The power of data to uncover asset accurate condition

Networks and assets produce masses of data, but what does it tell us? Siemens has experts who, by using advanced analytics platforms, process the harvested data to give actionable insight and real context based on technical expertise, to assist asset management. This detailed data analysis means we can expertly advise asset owners on the best systems and applications to extend life and increase performance and efficiency.


Conventional thinking may place expected asset life - from a regulatory perspective - at 25 or 40 years. But, with assets out there approaching 60 years old, we know that by sharing knowledge of improved performance and with detailed monitoring from point of installation, life can be extended even further or, more importantly, can be strategically optimised.


With complete knowledge on the actual conditions of assets on your network enables investment planning from knowing when, where and why the next interventions and investments need to be made.


Our asset management solution will be based on Siemens’ IoT platform MindSphere. This can be cloud hosted or onsite.


> Find out more about MindSphere

Discuss with an expert

Shaping an asset management strategy that meets your own unique needs may seem like a challenge, discuss more with a Siemens expert.



Telephone: 0191 401 5555