Asset Performance Management: Astec to exhibit at Utility Week Live 2017

Astec will be exhibiting at Utility Week Live later this month at Birmingham’s NEC 23-24 May. The event is the UK’s only exhibition dedicated to UK gas, electricity and water industries, enabling suppliers, contractors and partners serving the sector to network with key decision makers.

The theme for this year’s show is transformation & flexibility, in response to rapidly changing demands faced by today’s utility companies. Issues such as sustainability, extreme weather, macro-economic factors and competition are presenting new challenges, and require fresh, innovative solutions. A fundamental message of the exhibition is to explore disruptive, cutting-edge technologies to develop new business models – not only to remain competitive, but for survival. Companies slow to embrace digital transformation will forego business-critical insight and knowledge. Asset-centric companies within sub-market verticals of Oil & Gas, Water Treatment and Power are therefore likely to have plant and fleet reliability, reduced production costs, and production efficiency high on the agenda.

Astec’s Managing Director Andy Tripp comments,

“This is the first time Astec has exhibited at a Utilities-specific event, although we have a strong background in handling projects for clients in highly regulated water, oil & gas and energy industries.

By collecting, visualising and analysing vast amounts of data produced by hundreds or thousands of assets and processes across an enterprise, operations can be prioritised and predicted to achieve optimum efficiency. Astec System Engineers can construct the intelligent asset strategy required for each asset to drive safer and more reliable operations at a lower sustainable cost. APM and Predix are leading the move to the industrial internet through software, services, and business-process support.


With the emphasis on transformation at Utility Week Live, it’s the perfect platform for us to drive change through digital technology.”


About Astec

The team at Astec Solutions has been delivering automation and production management software solutions into the ManufacturingUtilities and Broadcast sectors for over two decades. As well as solving the immediate operational challenges which often drive project engagement, Astec strives to ensure installed solutions turn the data within clients’ systems into insight, allowing them to achieve real improvements in the effectiveness and profitability of their business. As a GE Digital Alliance Partner, Astec leverages tools and technologies from GE to deliver real-time data solutions.


About Asset Performance Management (APM) from GE Digital

GE Digital’s APM includes Machine & Equipment Health, Reliability Management, Compliance & Integrity Management, and Asset Strategy Optimisation. Built on Predix, the operating system for the Industrial Internet, APM’s holistic and risk-based intelligent asset strategies balance performance and cost by considering design, operational procedures, and maintenance plans for all assets.