Asset Management | Sigma Power Services

Optimising Asset Management for Maximum Performance

Effective asset management is key to ensuring long-term reliability, performance, and cost-efficiency for utility infrastructure. At Sigma Power Services, we leverage decades of industry expertise to provide comprehensive Asset Management solutions tailored to the unique needs of power generation, transmission, and distribution systems. Our services enable data-driven decision-making, cost optimisation, and asset prioritisation to help sustain and enhance your asset base.

Comprehensive Asset Management Solutions

Our services are designed to address every stage of the asset life cycle, ensuring the right processes are in place to maximise value and mitigate risks.

Asset Condition Assessment (ACA)
We perform detailed assessments using Health Indexing techniques to identify assets needing attention. This proactive approach helps clients prioritise investments and plan maintenance schedules effectively.
Risk-Based Action Planning
We develop customised short-term and long-term action plans based on risk assessment and condition data, ensuring capital and operational budgets are allocated efficiently.
Lifecycle Management
Our team establishes comprehensive testing and inspection protocols, facilitates end-of-life decisions (replace vs refurbish), and defines data requirements to guide future planning.

Incident and Post-Mortem Analysis
We investigate equipment failures to provide insights that prevent future incidents and improve overall system resilience.
Design and Specification Review
By assessing and refining design specifications, we help clients enhance the durability and reliability of their systems.

Why Choose Sigma Power for Asset Management?

Sigma Power stands out with unparalleled hands-on experience across all facets of the utility sector—from engineering and consulting to equipment testing and technical training. Our holistic approach goes beyond traditional asset reviews, delivering actionable strategies and tangible results that drive performance and reliability.

Real-World Expertise for Real Results
Sigma Power’s roots in the electric utility sector give us the unique ability to offer practical, experience-based solutions. Our services extend beyond theoretical analysis to include:

Development of capital investment plans
Equipment testing (lab and field)
Maintenance protocol refinement
Actionable asset insights that drive operational excellence

Driving Excellence in Asset Management with Sigma Power

Future-Ready Asset Management with Advanced Analytics
Sigma Power is at the forefront of integrating data and machine learning to unlock new levels of asset performance. We are actively developing methodologies to leverage accumulated asset data, enabling advanced analytics and predictive maintenance strategies.

Strategic Asset Management for Long-Term Success
Our strategy-focused services help clients improve and standardise decision-making processes, ensuring alignment with regulatory requirements and business objectives.

Examples include:

Asset Management Planning: We create detailed Asset Management Plans that align with corporate objectives, power system requirements, and external drivers, serving as the foundation for long-term business planning.
ISO 55000 Compliance: We assess and enhance existing Asset Management processes to align with ISO 55000 standards, ensuring best practices and continual improvement.
Regulatory Support: From preparing direct evidence and strategic documentation to participating in hearings, we guide clients through every step of the regulatory process.

Partner with Sigma Power to Unlock Asset Potential
By partnering with Sigma Power, you gain a trusted advisor dedicated to maximising the value and performance of your critical assets. Our expertise helps you navigate the complexities of asset management, ensuring operational excellence and sustainable growth.

Let Sigma Power drive your asset management forward with proven solutions, innovative strategies, and unparalleled industry knowledge.

Asset Management FAQ’s

How does Asset Condition Assessment (ACA) help optimise asset management?

ACA uses the Health Indexing approach to evaluate the condition of assets, identifying those requiring attention. This helps prioritise maintenance and investment decisions, ensuring efficient use of resources and extending asset lifespan.

What types of Asset Management services does Sigma Power offer?

Sigma Power provides a complete suite of services, including establishing testing and inspection protocols, facilitating end-of-life decisions, conducting post-mortem investigations, defining data requirements, and reviewing design specifications to optimise asset life cycle management.

How does Sigma Power incorporate machine learning into asset management?

Sigma Power is developing methodologies to use accumulated data and information to support machine learning, enhancing asset analytics studies. This will provide more accurate insights into asset performance and help make data-driven decisions.

What strategy-focused Asset Management services does Sigma Power provide?

Sigma Power helps clients standardise decision-making by creating customised tools and methodologies. Services include developing Asset Management Plans, assessing compliance with ISO55000, and assisting with regulatory processes, including evidence preparation and strategic positioning.

Our Values

Driven by the principle of ‘Delivering Value. Always!’ our core values serve as a foundation for company culture and guide decision making, and interactions with customers, employees and partners across the group.