Deloitte India and IPS Energy form Strategic Alliance to Advance Digital Asset Management in Power Sector

Deloitte India and IPS Intelligent Process Solutions GmbH have entered into a strategic alliance to deliver advanced asset lifecycle management and grid support solutions for the power sector. The collaboration aims to strengthen utility operations by combining IPS Energy’s specialist platforms in asset performance management and investment planning with Deloitte’s implementation expertise and deep sector experience.

The partnership comes amid growing pressure on energy utilities to enhance infrastructure efficiency, improve grid resilience, and modernise operations. Through this alliance, the companies plan to enable a shift from fragmented asset management practices to more integrated, data-driven decision-making across generation, transmission, and distribution networks.

At the core of the offering are IPS Energy’s asset management platforms, which use predictive maintenance and advanced analytics to help utilities identify operational risks earlier, prioritise maintenance activities, and improve visibility into asset health and investment requirements. The combined solution is designed to support utilities in transitioning from reactive maintenance models to proactive asset strategies.

Under the collaboration, Deloitte India will lead deployment and system integration, tailoring solutions to meet utility-specific operational needs and transformation goals. The companies said the integrated approach is expected to improve operational uptime, reduce maintenance inefficiencies, and enhance investment planning through better use of asset and network data.

Commenting on the alliance, Anujesh Dwivedi, Partner at Deloitte India, said the collaboration will leverage Deloitte’s energy sector expertise and global implementation capabilities to deliver scalable digital solutions that improve asset performance management and investment prioritisation for utility clients.

Michael Schneider, CEO of IPS Energy, said the partnership brings together specialised utility software and Deloitte’s domain expertise to support global power utilities in their digital transformation journeys, particularly in managing critical assets and grid networks more efficiently.

Both organisations said the alliance reflects a shared focus on enabling more resilient infrastructure management and supporting the evolving needs of utilities as they adapt to increasingly complex energy systems. Looking ahead, Deloitte India and IPS Energy plan to expand their joint offerings, strengthen analytics-led capabilities, and deepen integration across the utility value chain to support smarter asset lifecycle decisions and broader digital adoption across the sector.

g