NYPA DIGITIZATION

NYPA is leveraging data to apply business intelligence that will transform our approach to asset management by optimizing infrastructure and the supply-demand balance... NYPA is building out an innovation lab to provide enterprise-level incubation capabilities that will drive innovation, develop prototype solutions and demonstrate the business value of new technologies... NYPA's APM software is a major step in asset management by allowing for the implementation of standardized tools, roles and processes that optimize asset performance, risk and cost. To date, our APM software is streaming 115,000 data points and has resulted in avoided-cost savings over $18 million.