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Strategic Asset Optimization
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STRATEGIC ASSET OPTIMIZATION - ENERGY DELIVERY Integrated long-range operational planning and financial management for maximum return on strategic assets
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Managers responsible for transmission and distribution projects continually struggle to maintain optimized long-range plans. Complex and changing environments are inherent in the industry and require a simplified process to change priorities and plans to address shifting budgets, regulations and market conditions.
Artemis 7, the most comprehensive solution for Strategic Asset Optimization for Energy Delivery:
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SAO ENERGY DELIVERY NEWS and EVENTS
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By adopting best practices for strategic asset management, energy companies can dramatically increase business efficiency and better enable business and engineering executives to manage day to day operations and long range risk management.
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The Artemis Strategic Asset Optimization Solution is designed to deliver:
- Better transparency into the budgets, prioritization, and return on project investments
- Increased unit capacity through better asset conditioning & maintenance
- Reduced project costs and budget overruns through better monitoring and early corrective action
- Improved regulatory and industry rating by demonstrated use of industry best practices in strategic asset management
- Reduced planned and unplanned outage days through improved inspections and preventative maintenance planning
- Reduced staff costs and contractor overtime through better resource planning and utilization
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SAO ENERGY DELIVERY LINKS
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Artemis Enhances SAO Solution
New Solution Improves Management of
Strategic Assets
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The Artemis Strategic Asset Optimization Solution includes integrated software; industry specific templates, reports, workflow, processes and a phased implementation approach to ensure early benefits achievement. The solution includes the following features:
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- Common terminology and consistent process for prioritizing activities and allocating resources
- A single repository for all investment opportunities and actionable issues
- Initiative scoring and selection based on objective performance and return measurements
- Knowledge sharing for issues, risks and experience, across all departments
- More complete information for better management decision making
- Simulations of how different combinations of projects will affect costs and benefits
Artemis in the Energy Sector |
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