Perfectly balance costs, risks, opportunities and performance
Access to accurate detailed information on large asset bases is key to make business-critical decisions that optimise maintenance and capital investments. Asset Investment Manager (AIM) gives you the knowledge you need to manage your assets now and into the future, helping predict the effect different decisions would make. By turning business problems into mathematical models, AIM can try out trillions of possibilities to find the optimal solution. The result is better business decision-making that take less time to make and that generate significant savings.
Questions AIM can help answer
- What is the most cost-beneficial approach to managing assets?
- What should I do with my assets to ensure customer service levels?
- How do I optimise capital expenditure?
- How will future expenditure impact on service availability or performance?
- Will we meet our regulatory targets?
Comparing assets across the business is key to good decision making
AIM accurately captures and stores asset data from right across the business in a central repository. We then use our Service Measure Framework to compare assets, helping put a value on risk of service, and a value derived from the service. This industry-proven framework allows you to directly compare how assets perform in a consistent and transparent way, to enable effective investment decisions. These measures cover all key aspects of service and performance that a company, its customers, and other stakeholders expect and value. This key information can be accessed by decisionmakers across the business to provide a consistently optimised approach.
Creating Risk Maps to optimizing future expenditure
Risk Maps can support strategical and operational expenditure decision-making, providing a transparent, collaborative and auditable approach to investment. Creating these maps shows how an asset base is performing now and how expenditure may impact the risks to service, and the value it will deliver to end-users. They can combine assets, deterioration and service impact relationships, along with intervention costs and benefits in a graphical representation that is easily understood by all stakeholders, asset managers and modellers.
Risk Maps are designed to empower businesses
AIM’s Risk Maps are fully configurable by the end-user and a powerful equation editor provides the user with the ability to input any equation required to evaluate risk, service, and value at any level in the asset hierarchy. They are stored in one centralised location, enabling users to quickly visualise what risk and value look like for each asset type and help drive consistency in approach and transparency between asset types. AIM enables businesses to focus on getting value from their data and models after the heavy-lifting of data gathering and modelling has been completed. Importantly, the process is readily repeated– it is business as usual from here on.
AIM assesses millions of strategies to find the optimised solution
AIM is powered by the Gurobi mathematical optimisation solver. This partnership allows you to tackle the toughest business problems, processing hundreds of millions of possibilities to find the optimal solution. Gurobi is a long-standing technology partner whose technology synchronises perfectly with AIM to help utilities make better business decisions in less time, helping generate significant savings.