Maximo for Utilities

Utilities need to optimise asset reliability and adapt to rapid market changes. They also face high capital costs to furnish upgrades to infrastructure and production assets. Operational efficiency and increased flexibility are key to helping them to respond to new market changes and demands, improve cost effectiveness; and respond to changing regulatory, safety and security requirements.

Water

The water industry in the UK supplies over 20 million properties, directly employs more than 27,000 people and has an annual turnover of around £7bn. Highly regulated, closely watched by consumer bodies and the government alike, the industry is challenged to provide the consistent high quality service the market expects at a price the consumer is prepared to pay. Conflicting demands around climate change, security of supply, environmental impacts and flood protection have to be planned for and the industry faces the requirement to fund a large investment programme going forward. To attract essential funding, it needs to be able to offer rewards to potential investors; which means it has to improve its operating efficiency, increase organisational flexibility and maximise value from its assets.

Energy

The energy market has been going through a period of great change in the UK and across the globe. Energy companies have begun rethinking their business strategies in order to retain market share, manage market volatility and capitalise on new opportunities. Deregulation of the energy market, combined with the convergence of gas and electricity into one market, has led to the transformation of energy companies from regulated monopolies into market-driven suppliers of competitively priced energy and related services. The advance of deregulation opened the industry to competition from home and abroad and also increased demand from consumers for lower priced, innovative products. This has increased the risk faced by energy producers and suppliers, emphasising their need to maximise profits while better managing said risk. Energy Companies need more than ever before to leverage processes and technology to increase their efficiency and ability to respond to the market conditions, and to use all their resources more effectively.

Vetasi Solutions for Utilities

By tailoring solutions to standards, processes and challenges of the diverse utilities industry - and including specific tools and processes the different sectors - Vetasi can help your organisation achieve enterprise-wide visibility to the business activities that are critical to your business to enable better decision-making.

The Vetasi team has extensive experience in the Utility sector. Recent implementations include solutions in the water industry to maximise the performance and return on a wide range of strategic assets - involving configuration and customisation of the customer's system in line with business processes, as well as delivering Key Performance Indicator (KPI) and operational reports, and the creation of a process-specific training programme. In power generation (nuclear and gas turbine), Vetasi implementations have ranged from ensuring compliance with regulatory and safety issues at a nuclear site to gathering data on equipment/location hierarchies from physical identification of assets.