Asset Investment Optimization Software
Let Augmented Intelligence help you Optimize and Justify your Asset Management Strategy for a global interconnected network.
Benefits
- Make optimal decisions for strategic maintenance and investment plans considering systems as a whole, not locally or in silos.
- Represent all key constraints at the same time
- Model and simulate the overall system
- Evaluate long-term impacts of decisions
- Compare multiple scenarios to dissipate uncertainties and make optimal decisions
Issue
As an Asset Manager, your decisions are always made under constraints including financial, human, regulatory, environmental, and more. Your assets are many and usually interconnected, and they form a complex system for which you must manage costs (OPEX and CAPEX) while maintaining high standards of service and mitigating risks.
You understand better than most that optimizing the performance of one class of assets can have a negative and significant impact on other parts of your network. You are charged with understanding the impact of your strategies on the entire network in the short, medium, and long term. However, existing approaches do not allow you to consider the complex interconnections between different assets in your network or allow you to make tradeoffs between the maintenance and renewal of your assets in the long term.
In short, you know your assets need to be managed holistically, but you don’t have any tools that allow you to do this. You get by optimizing strategies locally and in the short and medium term, but long term and holistic asset management remains out of reach.
You understand better than most that optimizing the performance of one class of assets can have a negative and significant impact on other parts of your network. You are charged with understanding the impact of your strategies on the entire network in the short, medium, and long term. However, existing approaches do not allow you to consider the complex interconnections between different assets in your network or allow you to make tradeoffs between the maintenance and renewal of your assets in the long term.
In short, you know your assets need to be managed holistically, but you don’t have any tools that allow you to do this. You get by optimizing strategies locally and in the short and medium term, but long term and holistic asset management remains out of reach.
Solution
Cosmo Tech’s Asset Investment Optimization (AIO) is a software solution dedicated to utility asset management. consider part of the system, AIO models every asset and all of their interconnections in order to accurately simulate and anticipate the consequences of potential choices.
AIO integrates multiple organizational and operational constraints and enables users to run what-if scenarios and optimization analyses seamlessly for different maintenance and investment strategies.
Cosmo Tech clients have already deployed AIO on major energy networks and created budget and risk scenarios for the entire life cycle (installation, maintenance, and repair) of their assets, and simulated the holistic impact and cascading effects of these scenarios on the key performance indicators of the network.
AIO integrates multiple organizational and operational constraints and enables users to run what-if scenarios and optimization analyses seamlessly for different maintenance and investment strategies.
Cosmo Tech clients have already deployed AIO on major energy networks and created budget and risk scenarios for the entire life cycle (installation, maintenance, and repair) of their assets, and simulated the holistic impact and cascading effects of these scenarios on the key performance indicators of the network.