Patent ID: 11867770
Assignee: FISCHER BLOCK, INC.
Field: Computer technology (Electrical engineering)
Classification: CPC G | IPC G

Claim 0:
1. A method for performing an asset health assessment for an asset operating within an electrical power system, the method comprising:
acquiring, by a computing device in communication with the electrical power system, data representing operating characteristics of the asset over a data collection interval;
associating, by the computing device, the asset with a plurality of similar assets having data stored within a database accessible by the computing device, the plurality of similar assets containing similar historical operating characteristics to the operating characteristics of the asset;
correlating, by the computing device, the similar historical operating characteristics of the plurality of similar assets within the database with repair and replacement activity for the plurality of similar assets; and
based on the correlation, predicting, by the computing device, one or more of a most likely time-to-failure of the asset and a most likely remaining-life of the asset.