Published on 15 Dec 2022 on Zacks via Yahoo Finance
General Electric (GE) Cloud-based Software Chosen by ELPEDISON
General Electric Company’s GE business unit GE Digital announced that its cloud-based Asset Performance Management (APM) Reliability software has been selected by ELPEDISON S.A., Greece’s first independent energy producer, to enhance the accuracy of the latter’s combined cycle fleet.ELPEDISON will install the APM Reliability software in its Thisvi and Thessaloniki power plants.The APM Reliability software brings down unexpected downtime by detecting equipment issues in advance. It allows the asset-intensive organizations to monitor their operations and also provides them with a comprehensive set of analytical tools—including digital twin blueprints. The application aids in lowering asset failures, increasing production availability as well as controlling costs. From the plant to the enterprise, the software can work across the assets including fixed, rotating, and non-rotating, manufacturers (GE and non-GE), equipment types and industries as well.
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