Article Featured in North American Clean Energy Magazine:
Wind turbines are designed to operate for 20 years. However, wind operators experience gearbox failure rates of up to 50 percent across the lifetime of their fleet. As a result, the industry spends billions of dollars annually in supply chain costs. High transportation costs and logistical difficulties, especially in remote and offshore locations, contribute to an asset manager’s need to invest in digital technologies that provide visibility into the maintenance and inventory budget needs on an annual and multiyear basis.