mPrest, a global provider of mission-critical monitoring and control software for the Internet of Things (IoT), and the New York Power Authority (NYPA), New York state’s largest public power organization, recently announced the decision to deploy a groundbreaking predictive health analytics application which enhances operational reliability and cost-effectiveness of NYPA’s critical assets network.

mPrest’s Asset Health Management application was developed in collaboration with NYPA and is already deployed and monitors the operational health of NYPA transformers in real time. The system is being used at NYPA’s Niagara Power Plant, which is one of the largest renewable energy sources in the US.

“Our transformer system is a critical piece of our statewide power infrastructure, raising the voltage or ‘electrical pressure’ of power so that it can be transmitted long distance over the state’s grid,” said Gil C. Quiniones, NYPA president and CEO.

“Through our collaboration with mPrest, we can now accurately predict potential failures through better diagnostics and prognosis. As we actively pursue becoming the ‘first completely digital utility in the country,’ it is through cutting-edge technological innovation like this one, made possible with the intelligence, dedication and cooperation of our partners, that we have developed a unique, effective way of monitoring our transformers.”

The NYPA-mPrest partnership reduces costs while ensuring that New York remains at the forefront of technological innovation.

“Our partnership with the talented, forward thinking electricity engineers and experts at the New York Power Authority has resulted in the development and deployment of a first-of-its-kind, comprehensive monitoring and control system,” said Natan Barak, founder and President of mPrest.

“In a record amount of time, we, together with NYPA, determined what was needed, and created an unprecedented, effective solution that will reduce operational risks, deter unplanned down time, and prevent expensive maintenance costs. I believe that this technology achievement will lead to broader partnership between Israel and New York State.”