Schneider Electric and The CoSMo Company have signed a partnership agreement to offer an integrated software solution for asset investment optimization to a broad portfolio of field services for utilities. Utilities that are seeking to understand the health of their assets, prioritize maintenance activities and, in some cases, replace deteriorating infrastructure, can model and simulate how changing maintenance and replacement policies for one grid asset will impact other connected assets. With this agreement, CoSMo and Schneider Electric will propose a combined maintenance and modernization consulting program adapted to generation plants and large utility networks. CoSMo's systemic analytics solutions perform risk-based simulations and modeling to help prioritize investment and replacement plans, adding value and differentiating Schneider's digital and consulting services. The signature of this agreement with CoSMo will enable Schneider Electric to further support its global network of national and international utility customers by leveraging advanced tools to design, simulate, measure and optimize CAPEX and OPEX assessment plans.