Decarbonization and electrification are leading to greater complexity in electrical power distribution, which is why electrical installations and systems are becoming increasingly important for the safe and reliable operation of industrial plants.

Industrial service providers have adopted new strategies to minimize unplanned downtime. The most common reasons for unplanned downtime are inadequate maintenance or outdated technology.

Digital technologies such as AI, data analytics, condition-based monitoring, and performance optimization are revolutionizing the optimum operation of industrial plants. This increases plant safety and boosts production efficiency.

With increasing electrification and digitalization, the market does not have enough experts available to make the best use of these technologies. This is creating significantly increased demand for third party services to support users in optimizing system condition monitoring.

Recommendations in this paper can be immediately applied. The overview of plant assets is updated, an asset risk analysis is carried out, and the effectiveness of maintenance work is monitored. These are valuable methods for both brownfield and greenfield applications to keep assets operating safely and efficiently for a long time.