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Electricity plays an important role in running buildings, industrial plants, data centers and public facilities such as airports. Yet more than 80 percent of companies worldwide experienced an unexpected power outage between 2014 and 2017, a survey conducted in 2017 by ServiceMax1 revealed. Such outages could potentially damage operations and result in massive financial losses. In 2016, the average cost of unplanned equipment downtime was a whopping $260,000 per hour, according to market intelligence firm Aberdeen2. Additionally, supporting environmental sustainability becomes more important on the backdrop of rising global electricity demand. Hence, it is crucial for companies to manage the safety of their electrical systems and assets, while reducing costs and conserving energy.
The ABB Ability™ Energy and Asset Manager combines hardware sensors and analytics software for an advanced solution available to facility, energy, and asset managers. The solution is helping companies around the world achieve higher efficiency and profitability by providing insights on energy consumption and performance of multiple systems in their facilities. By providing monitoring and analysis of real-time data on the systems, the solution enables companies to detect potential faults, thereby reducing unplanned downtime, and enhancing safety. For example, the solution is helping to efficiently manage the power for the world’s tallest building, the Burj Khalifa, in Dubai. The building’s facility management team is able to remotely monitor the power supply of each of the 400 electrical loads at the site, helping to reduce operational costs by up to 30 percent.
Clear information on energy consumption and potential improvement measures make generating energy savings and reducing costs simpler. Integrated in a single dashboard, these insights can be accessed via smartphone, tablet, or computer, allowing companies to manage their systems flexibly.
Key facts:
Discover more about ABB Ability™ Energy and Asset Manager
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1 Survey by ServiceMax, a GE Digital company
2 Report from Aberdeen