ElectraNet Selects PowerPlan to Enhance its Asset Management Decision Making
(Thomson Reuters ONE) -
PowerPlan's Asset Decision Support (ADS) module streamlines planning
capabilities by balancing risk, service levels and investment while supporting
financial goals
ATLANTA, May 16, 2017 (GLOBE NEWSWIRE) -- PowerPlan, the leading provider of
asset management planning software, is pleased to announce that South Australia-
based electricity transmission specialist ElectraNet has selected and
implemented PowerPlan's ADS module as part of its strategy to better prioritize,
optimize and improve the management of its asset portfolio investments.
ElectraNet operates over $2.5 billion of electricity transmission assets to
provide energy and infrastructure solutions in South Australia. In order to
achieve sustainable long-term network and asset performance, ElectraNet needed a
comprehensive view of the condition, cost and lifecycle data of its diverse high
voltage infrastructures. Streamlining and analyzing the data from its Enterprise
Relationship Planning (ERP), Energy Management System (EMS) and related
budgeting systems with PowerPlan's integrated solution will help ElectraNet make
consistent decisions that balance risk, service levels and investment while
supporting the future asset planning vision.
"At ElectraNet, we were looking to solidify our asset management framework, and
sought to enable our team with a leading provider of asset decision support
software. The tool had to help us achieve our goal of monetizing asset risk and
understanding our maintenance options, while maximizing the return on
maintenance and capital investments," said Michael Dobbin, Chief Technical
Authority at ElectraNet. "We selected PowerPlan's Asset Decision Support product
because we felt that its highly configurable interface provided the best
flexibility for ElectraNet to develop various types of unique asset models. It
also provides the transparency and auditability to satisfy regulatory
requirements, and generates the asset health reports we required."
Rainer Korte, ElectraNet's Executive Manager of the Asset Management Division,
added, "Asset management decision making is requiring greater levels of rigor
and transparency to meet the expectations of customers and regulators, at a time
of increased focus on reducing electricity costs while maintaining reliability
and security of electricity supply. Implementation of asset decision support
software in partnership with PowerPlan is part of our journey towards developing
greater maturity in managing asset risk and improving asset management decision
making at ElectraNet."
With PowerPlan's ADS solution live, ElectraNet now has a clear picture of
investment scenario analysis, optimizing cost and risk decision making for
maintenance covering a wide range of asset portfolios.
About PowerPlan
PowerPlan software provides financial insight into how complex rules and
regulations impact your organization - empowering you to make credible decisions
that improve overall corporate performance. The integrated solution provides
complete visibility starting with forecasting and monitoring to scenario
planning and analytics while maintaining financial compliance. For more
information, email info(at)powerplan.com or visit www.powerplan.com.
For more information, contact:
Joy Schmidt
678.202.1694
pr(at)powerplan.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: PowerPlan Inc. via GlobeNewswire
Datum: 16.05.2017 - 16:30 Uhr
Sprache: Deutsch
News-ID 543875
Anzahl Zeichen: 4056
contact information:
Town:
Atlanta
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 143 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"ElectraNet Selects PowerPlan to Enhance its Asset Management Decision Making"
steht unter der journalistisch-redaktionellen Verantwortung von
PowerPlan Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
