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Podcast: Optimizing energy and utility markets with a keen focus on asset management

Podcast: Optimizing energy and utility markets with a keen focus on asset management

Our Senior Project Manager is a guest on the Industrial Talk podcast discussing utility management and optimization.

Scott Mackenzie introduces Elevotec’s ERP, EAM, and business intelligence solutions, emphasizing their ROI and expertise. He then welcomes Tom Fletcher from Projective Engineering, discussing asset management and utilities. Tom shares his background in utilities and Projective’s focus on optimizing utility operations. They discuss the challenges of managing aging assets, the importance of proactive maintenance, and the role of AI in improving efficiency. Tom highlights Projective’s role in helping clients achieve sustainability goals and manage risks. Scott stresses the need for industry professionals to inspire the next generation and effectively communicate the industry’s value.

Watch the episode on YouTube here:

Or listen to the audio-only version on Spotify:

Outline

Introduction to Elevotec and Industrial Talk Podcast

  • Scott Mackenzie introduces Elevotec, highlighting their ERP, EAM, and business intelligence solutions.
  • Scott Mackenzie welcomes listeners to the Industrial Talk Podcast, emphasizing the celebration of industry professionals.
  • Scott introduces Tom Fletcher from Projective Engineering, focusing on asset management and utilities.
  • Scott shares a personal anecdote about consulting for a utility company and the challenges of managing assets proactively.

Tom Fletcher’s Background and Projective Engineering

  • Tom Fletcher shares his background as a mechanical engineer and his experience with a large pharmaceutical firm.
  • Tom discusses his transition to Projective Engineering and their focus on utilities and energy management.
  • Scott and Tom discuss the importance of asset management and the challenges of maintaining aging infrastructure.
  • Tom highlights Projective Engineering’s role in helping clients optimize their utility operations and manage their assets more efficiently.

Challenges in Utility Management and the Role of Technology

  • Tom discusses the challenges of managing aging assets and the importance of proactive maintenance.
  • Scott and Tom talk about the role of technology in improving efficiency and reducing costs in utility management.
  • Tom mentions the use of AI and advanced technologies to optimize chiller dispatch and other utility operations.
  • Scott emphasizes the need for industry professionals to communicate the importance of asset management and the risks of deferred maintenance.

The Importance of Inspiring the Next Generation

  • Scott discusses the need for industry professionals to inspire the next generation by telling their stories and highlighting the exciting aspects of their work.
  • Scott shares his thoughts on the importance of being comfortable with sharing industry experiences and the benefits of doing so.
  • Scott emphasizes the role of social media and other platforms in reaching out to young professionals and promoting the industry.
  • Scott encourages listeners to connect with him and Projective Engineering to learn more about their work and opportunities in the industry.

Tom Fletcher’s Perspective on AI and Technology in Utilities

  • Tom discusses the potential of AI in managing utility assets and the importance of using technology to improve efficiency.
  • Tom shares examples of how Projective Engineering helps clients optimize their utility operations and reduce costs.
  • Scott and Tom talk about the challenges of implementing new technologies and the importance of a cautious approach.
  • Tom emphasizes the need for continuous training and education to keep up with technological advancements in the industry.

The Role of Education and Training in the Industry

  • Scott and Tom discuss the importance of education and training in preparing the next generation of industry professionals.
  • Tom shares his experience with a professor who emphasized the importance of adapting to change and continuous learning.
  • Scott highlights the need for the education system to keep up with the rapid pace of technological advancements.
  • Tom and Scott agree on the importance of inspiring young professionals to pursue careers in the industry and the role of storytelling in promoting the industry.

Conclusion and Call to Action

  • Scott wraps up the conversation by emphasizing the importance of inspiring the next generation and telling the industry’s story.
  • Scott encourages listeners to connect with Tom and Projective Engineering to learn more about their work and opportunities in the industry.
  • Scott reiterates the importance of being comfortable with sharing industry experiences and the benefits of doing so.
  • Scott thanks Tom for the conversation and invites listeners to reach out to him and Projective Engineering for more information.

 

Tom Fletcher’s LinkedIn: https://www.linkedin.com/in/tom-fletcher-305a2575/

Projective LinkedIn: https://www.linkedin.com/company/projectiveengineering/

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