Schneider Electric backs incubated startup delivering intuitive, customizable asset management solution to help utilities analyze and manage asset risks and optimize grid performance
- Aptimize enables utilities to better plan when to upgrade aging infrastructure – factoring in all risks including vegetation to ensure grid reliability.
- Available globally, Aptimize provides utilities with clear financial quantification of asset risks, saving money and preventing outages.
Paris, France (May 4, 2021) – Aplines, a software company for the electric utilities industry, announced today the launch of Aptimize, its digital asset management solution. Aptimize empowers utilities to better manage aging assets, environmental risks, costs and performance for critical infrastructure.
Aplines is funded by SE Ventures, Schneider Electric’s corporate venture arm, and was founded in January 2020 through an incubation project following discussions with utility operators regarding modern infrastructure needs. Aplines enables utilities to transition from time-based to risk-based asset management by evaluating the health and criticality of grid assets using its proprietary solution, Aptimize.
Aptimize is a unique customizable software solution integrating physical and environmental risks that provides powerful decision-making analytics for utilities managing critical infrastructure. Aptimize allows utilities to proactively and effectively manage assets, calculate the asset health and criticality, quantify associated risks, and determine asset management strategies to...