Innovyze Software to Help Optimize Asset Use and Performance and Extend Asset Life at Maximum Savings
Innovyze has announced that the City of Aiken, South Carolina, has chosen industry-leading InfoMaster Suite software to help plan and manage its infrastructure assets. The decision helps the City leverage its investment in ArcGIS technology from Esri (Redlands, CA) by enhancing it with sophisticated predictive risk-based modeling analytics to promote the effective life cycle management of its enterprise assets.
Home to many thoroughbred champions and to one of the nation’s largest urban forests, the City of Aiken is one of the two largest cities of the Central Savannah River Area with a population of over 30,000. Aiken plans to use InfoMaster Suite to fulfill its GIS-centric enterprise-wide asset management strategy.
“InfoMaster gives us the advantages of risk-based asset integrity modeling while fully leveraging our existing geospatial asset management solution to help us better understand the condition and performance of our corporate infrastructure assets,” said John Poole, P.E., Aiken City Engineer. “It also enables us to prioritize and optimize our capital planning expenditures with a focus on solving our most critical infrastructure problems and extending both asset service life and overall reliability, resiliency and performance at maximum cost savings.”
The overarching goal of InfoMaster Suite is to get more from existing enterprise assets, including facilities, public spaces, and infrastructure. It enables users to create records for any water- or non-water related assets in their networks and then effectively manage, integrate, validate, analyze, and report on them. These assets can include roads, signs, benches, schools, buildings, parks and recreation areas, trees, treatment plants, tanks, and pumps as well as water, wastewater and stormwater networks. Users can now gain in-depth view and control of all critical assets that affect regulatory compliance, risk and business performance. The Suite’s powerful modeling capabilities also help users prolong the useful life of their physical assets and improve their performance and operational efficiency at maximum savings. These features let them know when their assets should be repaired and when they should be replaced.
InfoMaster Suite arms users with sophisticated predictive analytics and modeling capabilities, helping them accurately assess the level of asset deterioration and determine both its likelihood and consequence of failure. This critical information facilitates a proactive approach to identifying and managing these high-risk assets to help preserve their integrity and keep them operating well into the future. It also eliminates reactive maintenance — waiting for asset failures to occur before repairing. In this way, users can ensure the smartest distribution of dollars spent on replacement and repair of their assets. They can also create reliable, cost-effective, risk-based capital improvement plans that enhance operational efficiency and quality of service and keep assets performing at peak condition while making the most of limited budgets.
The software’s comprehensive asset integrity modeling techniques provide reliable asset failure predictions, even for limited failure records. These techniques include the non-homogeneous Markov Chain (NHMC), non-homogeneous Poisson process (NHPP), Linear Extended Yule Process (LEYP), Cox proportional hazards model, and advanced time-based probabilistic Weibull and Herz models. They can be effectively used to evaluate a variety of asset characteristics related to failure, and can consider all assets in the enterprise. Armed with these powerful mathematical models, users can now accurately assess the aging processes of their assets and estimate their lifetimes and their failure potential and distribution over time.
With these unique, cutting-edge capabilities, InfoMaster Suite supports well-informed, swift, cost-effective and action-oriented decision making for both day-to-day operational management and long-term network planning. To gain the clearest possible picture of their asset infrastructures, users can integrate a host of applications and data sets they already use, including corporate databases, maintenance management systems, field data systems, SCADA, hydraulic modeling software and other corporate applications.
“Organizations worldwide face the constant challenge of sustaining and improving the performance of their assets with limited resources,” said Paul F. Boulos, Ph.D., BCEEM, Hon.D.WRE, Dist.D.NE, Dist.M.ASCE, NAE, President, COO and Chief Technical Officer of Innovyze. “InfoMaster Suite delivers critical capabilities for meeting this challenge. In particular, it lets users quickly identify under-utilized and poorly performing assets that require immediate attention. The software’s comprehensive asset management, advanced analytics and data collection and analysis capabilities empower organizations to better assess and understand current conditions, predict and fix problems before they occur, prioritize investments, assess return on investment for smarter decisions, and strengthen their infrastructure assets in a phased manner. These capabilities are also invaluable aids in reducing operational and capital spending, meeting service expectations and regulatory requirements, and putting their assets on the road to sustainability. Innovyze is proud to be a part of City of Aiken’s success by providing a key component of this complex synthesis.”