June 16: Deloitte India and IPS Intelligent Process Solutions GmbH have announced a strategic alliance to bring advanced asset lifecycle and grid support solutions to the power sector. This alliance will combine IPS Energy’s specialist platforms in asset performance management and asset investment planning with Deloitte’s implementation capabilities and sector experience. The alliance is designed to help utilities strengthen asset reliability, improve maintenance planning and accelerate digital transformation.
The announcement comes at a time when energy companies are under increasing pressure to manage critical infrastructure more efficiently while supporting grid resilience, operational continuity and long-term modernisation. Through this alliance, Deloitte India and IPS Energy will offer an integrated approach that helps utilities move beyond fragmented asset management practices towards more connected, data-led decision-making across transmission, distribution and generation environments.
At the centre of the alliance are IPS Energy’s specialist asset-related platforms, which enable utilities to adopt a more forward-looking approach to managing infrastructure. With predictive maintenance and advanced analytics embedded into the offering, the solutions help identify risks earlier, support better maintenance prioritisation and improve visibility into asset health and investment needs.
The collaboration is intended to help transform traditional reactive operating models into proactive asset strategies. By combining software capabilities with implementation and domain support, the alliance will help utilities derive greater value from asset and network data, improve operational uptime, reduce maintenance inefficiencies and support more effective investment planning. Deloitte will lead the deployment and integration of these solutions in line with utility providers’ operational requirements, tailoring the approach to local business needs and broader transformation priorities.
Commenting on the partnership, Anujesh Dwivedi, Partner, Deloitte India, said, “Through this strategic alliance with IPS Energy, Deloitte will use its core industry expertise in the energy space along with its global implementation expertise to deliver scalable, integrated solutions that drive digital transformation for our utility sector clients. Together, we are committed to improving asset performance management and prioritising effective investment, while enhancing overall system reliability.”Michael Schneider, CEO at IPS Energy, added, “We are excited to partner with Deloitte to support electric power utilities globally in their digital transformation to manage their critical assets and grid networks efficiently. This partnership brings together leading electric power utility solutions from IPS Energy and extensive domain and implementation expertise from Deloitte in helping our clients through their digitalisation journey.”
The alliance also reflects a shared ambition to support the evolving needs of the utility clients through scalable digital solutions. As utilities continue to modernise their operations and prepare for more complex energy ecosystems, the combined strengths of Deloitte India and IPS Energy aim to provide a strong foundation for improved reliability, better decision support and more resilient infrastructure management.
Looking ahead, Deloitte India and IPS Energy intend to build on this alliance by expanding the scope of their joint offerings, enhancing analytics-led capabilities and deepening integration across the utility value chain. The collaboration supports a long-term vision to enable smarter asset lifecycle decisions and strengthen digital adoption across the power sector.