Deregulation of the electric utilities has made a major impact on nuclear power plants. To be competitive, more emphasis is being put on cost-effective production of electricity with a more critical look at whether a system should be modernized due to obsolescence, reliability, or productivity concerns. Instrumentation and control (I&C) systems play an important role in reducing the cost of producing electricity while maintaining or enhancing safety. Systems that are well designed, reliable, enhance productivity, and are cost-effective to operate and maintain can reduce the overall costs. Modern technology with its ability to better provide and use real-time information offers an effective platform for modernizing systems. At the same time, new technology brings new challenges and issues, especially for safety systems in nuclear power plants. To increase competitiveness, it is important to take advantage of the opportunities offered by modern technology and to address the new challenges and issues in a cost-effective manner. The Electric Power Research Institute (EPRI) and its member utilities have been working together with other members of the nuclear industry since 1990 to address I&C modernization and maintenance issues. The EPRI I&C Program has developed a life-cycle management approach for I&C systems that involves the optimization of maintenance, monitoring, and capital resources to sustain safety and performance throughout the plant life. Strategic planning methodologies and implementation guidelines addressing digital I&C issues in nuclear power plants have been developed. Work is ongoing in diverse areas to support the design, implementation, and operation of new digital systems. Technology transfer is an integral part of this I&C program.