Asset Investment Management. Decision support for your electrical assets.
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- Asher Miles
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1 Asset Investment Management Decision support for your electrical assets
2 Smarter Decision Making In high-performing businesses, accurate information is paramount. Our analytic models give you the asset information you need at your fingertips. How much can we reduce expenditure without impacting future performance? What assets do we urgently need to get off the system? Is the asset investment plan delivering the expected benefits? Where are the significant safety risks on our network? We provide software encompassing our asset analysis, predictive analytics and prescriptive analytics models. Our software is supported by a team of engineering domain experts, specialising in operations, planning, regulation, asset management and forensic analysis within the electricity industry. Our decision support framework helps you to target investment for maximum return and ensure the ongoing performance of your assets.
3 Our Electrical Asset Models Asset Model Selection We ve been building decision support models with customers for over 15 years and have a wide selection of asset models at every voltage level from Low Voltage to Transmission in use across the world. Our asset models include: Switchgear Transformers Overhead Lines Cables Model Types We are able to offer a choice of model types to suit your requirements, from standard AIM models that embody established industry best practice to custom models that capture unique requirements. We also provide the Common Methodology regulatory models as supplied to all of Great Britain s Distribution Network Operators. Modelling Type Asset Health Common Methodology AIM Included - Not included O Optional Asset Performance Criticality Consequences Risk - Intervention scenarios - Net present value / optimum replacement - O year Year on year health and risk profiling O Asset aggregations and rolled-up results O O Expert Assistance Our specialist engineers are available to provide customers with any assistance they may need with any aspect of their asset modelling or decision making processes including training, data collection, data mapping, technical consultancy, system integration, and regulatory reporting.
4 Our AIM System at Work Delivering Scalable Solutions Our AIM system caters for all requirements: from a small scale solution with just one or two asset classes and a manual data import, to an enterprise solution with full integration into corporate data systems and dashboards. We can provide anything from an off-theshelf system for you to populate and manage as you see fit, right through to a fully managed service where we operate the system on your behalf, providing condition tracking and advice as required. Multi Level Results Our modelling starts at the asset level. Traceability for every asset is essential for understanding results and this provides the level of transparency required to defend investment plans. The standard nature of our models and commitment to providing results in financial terms also ensures that we can roll-up results to a substation, circuit or even network level for use in dashboards, distributing information to wherever it s needed in the business.
5 Health Index What can AIM do for Capture, utilise and communicate knowledge AIM models use your asset data to make an objective and defensible evaluation of asset health, performance, consequence and risk. Models harness the experience and expertise of your asset engineers who, combined with our worldwide experience and domain expertise, ensure that your models reflect your reality. Predictive analytics Using our models will provide you with a predictive assessment of the future health and risk of failure alongside an assessment of the current asset condition and likelihood of failure. Prescriptive analytics Using our models, you will assess repair, replace and maintain actions for each asset based on the future predictions. The implication of each action is modelled allowing you to anticipate what will happen, when it will happen and why. How healthy is my asset and how fast is it ageing? Probability of Failure How likely is my asset to fail? Consequences What s the impact on the network, safety, environment and costs if my asset fails? Risk What is the risk my asset carries in my network portfolio? Interventions Scenario modelling Using our models, you will simulate different asset investment plans and assess the benefits of these on the network. Communicating informed, transparent and welljustified decisions. What can we do to control our risks? Investment Tracking Is the plan on schedule and is it having the expected effect?
6 Here s What Our Customers Say... EA Technology s technical knowledge is outstanding. Their knowledge of the DNO systems is very good, a healthy mix of engineering and consultant expertise in the company, which was very helpful Barry Walker - UK Power Networks EA Technology are good at listening to customers concerns - they are prepared to go the extra mile and bend over backwards to solve problems. There is a genuine intellectual/ scientific concern for the customer s problems. Great innovation where customer needs are paramount. Mary Black Northern Powergrid Industrial sector knowledge is extremely good, some things not known by everyone - EA Technology will find the answer. Bob Wells Electricity North West EA Technology s key strengths are technical knowledge, experience and coming up with innovative solutions. Landel Johnston - Scottish & Southern Electricity Networks EA Technology ensure a professional delivery - very well structured and planned delivery process. Very accommodating in working with the DNOs. A bolted-on project was handled very well. Phil Mann Western Power Distribution To find out more about what AIM can do for you visit or contact our team on +44 (0) or us at sales@eatechnology.com MKT0097/QSG/V3/131016/DN:2447L013
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