Modelon announced that it has entered a strategic partnership with Iquant Consulting to deliver a digital twin-based solution for predictive maintenance of power plants and energy infrastructure. Iquant Consulting will deliver multiple pilot projects to global energy companies using Modelon Impact, Modelon's cloud-based system simulation platform, in combination with PRODIGIO, Iquant Consulting's predictive maintenance platform. This partnership improves upon what predictive maintenance solutions can offer today.

By combining accurate, physics-based virtual models of energy systems with simulation and predictive maintenance technology, energy companies will be able to precisely predict component failures - resulting in lower overall maintenance costs and higher efficiency. This collaborative engagement is available to companies from all regions starting today. Companies who are selected for this engagement will experience an end-to-end digital twin solution for predictive maintenance and asset management.

This includes scoping the customer's assets, assisting the customer in building physical models for the assets, discovering, and forecasting the most relevant failure modes of critical assets, as well as quantifying the effectiveness of maintenance tasks over time to improve asset performance.