in News Departments > Products & Technology
print the content item

Industrial enterprise software supplier Ventyx, an ABB company, has announced the availability of its asset performance software portfolio for managing assets, operations and smart grid analytics in a hybrid or full-cloud model.

The company notes that it chose to host the software in Microsoft's Azure cloud platform due to the broad use of Microsoft throughout the utility industry and will deliver the application as a service through its managed services group.

Ventyx says that by leveraging its industry experts and technology in a solution-as-a-service model, utilities can reduce upfront capital investments in new equipment and software, lower information technology staff and implementation costs, and quickly deploy the latest asset performance management applications.

"Utilities are under more pressure than ever to reduce capital expenditures while minimizing equipment-related outages and delivering higher levels of customer service," comments Ventyx CEO Jeff Ray. "Our cloud-based solutions allow utilities to scale faster, avoid significant new investment in computing infrastructure and reap the benefit of fast information technology/operational technology integration."

Asset Health, the predictive analytics component of Ventyx Asset Performance Management, is available immediately on the Ventyx website in Microsoft Azure. Additional applications will be available in the cloud over the coming months.


Hybrid Energy Innovations 2015
Latest Top Stories

Grid-Scale Energy Storage Continues Making Inroads

A new report from Navigant Research highlights the biggest markets and most popular technologies for grid-scale energy storage.


Demand Response And Renewables Help SDG&E Tackle Record-Breaking Heat Wave

San Diego Gas & Electric (SDG&E) recorded peak demand records last week and relied heavily on energy conservation, as well as imported wind and solar power, to keep the lights on.


Report: Utility-Scale Renewables Keep Getting Cheaper

A new study suggests the levelized costs of energy of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


Duke Energy Commits $500M To Major Solar Expansion In N.C.

The utility company says the investment will help further diversify its portfolio, as well as increase solar power for its North Carolina customers by 60%.


Sensus Issues Refund To SaskPower After Smart Meter Woes

As SaskPower continues to swap out its Sensus units following several meter failures, the two companies have reached an agreement in order for the utility to recover costs.

S&C Electric_id176
Hybrid Energy Innovations 2015
edf_id180
Future Energy_id187