New Software Features Empower Asset Managers to Optimize Asset Investments
PowerPlan Announces Asset Investment Optimization Version 7.0
ATLANTA – (December 20, 2018) – PowerPlan, a leading provider of strategic corporate performance management for asset-intensive companies, has announced the release of Asset Investment Optimization version 7.0.
The latest enhancements to PowerPlan’s Asset Investment Optimization solution provide greater scenario analysis, highlighting regional needs and scheduled events, and help asset managers plan for efficiencies in the delivery of their investments. Version 7.0 includes a powerful what-if analysis tool specifically designed to assess the entire lifecycle impact of proposed assets, beyond like-for-like replacement. This new version allows users to quickly and intuitively process scenarios to optimize lifecycle strategy, sustainably meet performance goals, stay within resource constraints, and consider different intervention methodologies.
“In recent years, we’ve seen asset management practices evolve and reach new levels of sophistication,” said Orest Werbowy, Senior Solution Consultant, Asset Investment Optimization, at PowerPlan. “When developing Asset Investment Optimization 7.0, PowerPlan focused on the future ways our customers may utilize the solution to scale to their growing needs.”
Working within budget limits, portfolio managers often need to evaluate the trade-offs between project options to see the overall impact on cost, risk and other portfolio performance measures. Asset Investment Optimization 7.0, empowers asset managers to recommend investment plans that optimize on both the timing and duration of each project in the portfolio.
For more information about PowerPlan’s Asset Investment Optimization solution, please visit: https://powerplan.com/solutions/asset-investment-optimization-suite.
About PowerPlan: For more than 25 years, PowerPlan has helped North American energy companies make the right financial decisions which improve lives and powers the world. Through our industry-leading expertise, innovative technology and vast experience listening to and working in tandem with our customers, PowerPlan software sets the standard that CFOs can count on for financial clarity for energy organizations of all sizes. For more information, email email@example.com or visit www.powerplan.com.
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