Greater Anglia Selects PowerPlan to Optimise Its Asset Investments
ATLANTA – (July 17, 2018) – Greater Anglia, a UK-based train operating company, has selected PowerPlan’s Asset Investment Optimization software suite to maximise its asset investments over a 40-year time period.
Greater Anglia’s long-term investment strategy includes a 40-year asset plan to meet its regulatory requirements. For what was historically built with manual processes and not easily tracked, the Asset Investment Optimization solution from PowerPlan will provide a comprehensive, auditable approach to help the company analyze different investment scenarios for impacts to risk, cost, timing and level of service and provide a defendable asset plan for the next four decades.
“The condition of our assets drives our business,” said Richard Turner, Head of Asset Management for Greater Anglia. “With PowerPlan, we can apply a fact-based methodology to prioritise investments, maximise their return and produce plans that communicate our asset strategy to internal and external stakeholders.”
The partnership between Greater Anglia and PowerPlan enables them to address and solve industry-wide asset optimisation challenges. Together, they are committed to building best practices and a model that other organizations can utilise in the franchise rail industry.
Greater Anglia will go live with PowerPlan’s Asset Investment Optimization suite this summer, creating greater visibility into their capital assets and stronger support for their investment decisions.