#USA #New York #Siemens #IFS #Autonomous Grid

Transforming Energy Management: IFS & Siemens Partnership

In a major development announced today at the Industrial X Unleashed event, IFS, recognized for its leadership in industrial AI software, has joined forces with Siemens. This strategic partnership aims to deliver integrated, AI-driven solutions that will revolutionize how operators in the energy, utilities, and infrastructure sectors plan, manage, and maintain critical grid assets.

Bridging Expertise for Better Outcomes

The collaboration marries Siemens’ unprecedented expertise in grid planning and electrification with IFS's capabilities in enterprise asset management and smart scheduling through AI. Together, they address pressing challenges faced by critical infrastructure operators, including aging assets, disruptions in supply chains, labor shortages, and the urgent need for a swift transition to cleaner energy sources through digital advancements and autonomous grid operations.

Unifying Approach to Energy Management

IFS and Siemens' unified solution aims to bridge the gap between engineering strategies and financial planning, enabling a seamless connection between operational technology and information technology. This collaboration emphasizes strategic asset decisions and how they play out in real-world operations. IFS has also positioned itself as a partner in Siemens' Xcelerator marketplace, further solidifying their integrated approach.

Utilities and energy operators stand to gain unprecedented operational insights spanning their entire infrastructures by merging IFS's capabilities with Siemens' Gridscale X solutions. This synergy is anticipated to promote the transition towards self-optimizing grid operations, addressing monumental infrastructure challenges and embracing the integration of distributed energy resources such as solar and wind.

Enhancing Reliability and Sustainability

As IFS and Siemens work to modernize grid operations, they aim to equip utilities with the tools needed to effectively manage the increasing complexity introduced by inverter-based resources. The partnership will increase uptime, minimize operational costs, and contribute positively to sustainability metrics while ensuring that the grid remains reliable and resilient.

Max Roberts, Chief Operating Officer at IFS, stated, "The vision of an autonomous grid is no longer on the horizon; together with Siemens, we are turning this dream into a tangible reality. Our collaboration enables utilities to make informed investment decisions, anticipate asset failures, and fine-tune field operations with unmatched precision, laying the groundwork for resilient and sustainable infrastructures."

Navigating Industry Change

The partnership is well-timed as the energy sector grapples with fast-paced transformations driven by electrification demands and the impacts of climate change. Timothy Swanson, a retired CIO/CSO from FortisBC, highlighted how the industry's rapid evolution requires innovative tools. Rather than relying on outdated methodologies, the integration of planning systems from the equipment level is vital to delivering reliable, cost-effective services in an ever-evolving grid landscape.

Conclusion

By leveraging AI technology and industry expertise, the partnership between IFS and Siemens is shaping the future of energy management. Their collaborative efforts promise to guide utilities toward successful adaptation in a world that increasingly mandates clean energy solutions. With such promising developments at hand, the sector is poised to meet both current and future challenges head-on, driving progress towards the grid of tomorrow.

For more information about the Industrial X Unleashed initiative, visit Industrial X.