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Digital Asset Management: Danish Analytics Platforms Offer Solution For U.S. Utilities
By Frederikke Rørvang Mikkelsen
Over the past 25 years, Danish water professionals have taken a proactive approach to digital asset management and data-driven decision-making that peers around the world now can learn from to optimize CAPEX spending, reduce OPEX, and ensure efficient and resilient service.
For water utilities, on average, a water main breaks every two minutes somewhere in the U.S. This means that utilities deal with approximately 250,000 to 300,000 breaks on an annual basis. According to a survey of U.S. wastewater utilities by the American Society of Civil Engineers (ASCE) from the 1990s, an average of 57.5 percent of the system’s assets were reported to be between 21 and 100 years old which means that they have exceeded the midpoint of their expected useful lives at present.