Asset Investment Management (Invest)

Our risk-based asset investment management is the very definition of excellence in asset management, ensuring electrical assets can be maintained in a safe, reliable state at the lowest possible cost. AIM standard models are a set of pre-built asset models that have been tested with millions of assets.

Benefits

• Quantifies risks to the business in understandable financial terms.  Empowering financial, asset management and engineering personnel to make the best decisions
  • Our core offering allows you to:
  • Integrate and optimize the management of all your assets
  • Undertake assessments of asset health and performance
  • Drive smarter refurbishment and replacement decisions
  • Reduce operational and capital costs
  • Maximize the value of knowledge about asset condition
• Integration with multiple asset data sources to provide a single, consistent view of asset health
• Mature methodology and user group – the AIM models have a growing number of users. The models have been designed to be comprehensive, yet rationalized to make the best use of data that is realistically available
• The AIM standard has received a large amount of investment and have been tested with millions of assets.  Users of licensed AIM models will also receive ongoing product enhancements

Basic Functionality

• Asset health profiling including end of economic life and year of intervention prediction in years 0-25
• Asset performance and probability of failure
• Asset criticality and consequence assessment
• Monetized risk assessment for assets based on their current condition and criticality
• Future monetized risk assessment for assets based on their predicted condition and criticality without investments
• The models are designed with the same format and components to enable roll-ups of results
  Intervention modelling
  • Residual monetized asset risk
  • Risk reduction achieved via replacement
  • Two methods of intervention strategy that enable different investment scenarios to be assessed for asset health and monetized risk.
• User Control – The system provides user control where permission for the use of models must be provided. The system records activity by users.
• Auditable calibration control / traceability – AIM models capture calibration changes so that they can be reviewed but also as a record of scenarios that have been tested. It is easy to determine when and why a calibration has changed as comments can be left.
• The AIM models track the data loads so that a historical record of data refreshes is captured
  

  Optional Extras:

  Data Mappings, Enhanced Methodology, Interventions, Smart Interventions, Integration

  Service Offerings

  • Models – annual license and support
  • Models – perpetual license and support
  • Software as a Service
  • Cloud hosting

  AIM Family

  • AIM for Asset Health
  • AIM for Reliability
  • AIM for Criticality
  • AIM for Risk Reduction