EA Technology’s flagship risk-based asset investment decision support tool AIM (Asset Investment Management) analyses asset health, criticality and risk and uses this to prioritise and optimise investment plans.
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.
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 optimise the management of all your assets
Undertake assessments of asset health and performance
Drive smarter refurbishment and replacement decisions
Reduce operational and capital costs
Maximise 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 rationalised 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 licenced AIM models will also receive ongoing product enhancements
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
Monetarised risk assessment for assets based on their current condition and criticality
Future monetarised 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 monetarised asset risk
Risk reduction achieved via replacement
Two methods of intervention strategy that enable different investment scenarios to be assessed for asset health and monetarised risk.
User Control – The system provides user control where permission for the use of models has to 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 are captured
Data Mappings, Enhanced Methodology, Interventions, Smart Interventions, Integration
Models – annual license and support
Models – perpetual license and support
AIM Foundation – Generic AIM models with fixed data points to enable rapid deployment
AIM Standard – Customisable data and calibration with full support
AIM Custom – Bespoke CBRM-based models for new asset classes or non-standard requirements
NEWS: Cyient Enters into Global Alliance with EA Technology. Read more here!