MELBOURNE, Australia--(BUSINESS WIRE)--The Copperleaf C55 decision analytics solution has been chosen by United Energy and Multinet Gas. C55 has been deployed as a Cloud solution for the electricity business to enhance their asset investment planning and decision-making processes, with plans to expand it to its gas business and across IT investment. United Energy distributes electricity to more than 669,000 customers across east and south east Melbourne and the Mornington Peninsula in the state of Victoria, Australia. Multinet Gas distributes natural gas to 692,000 customers throughout Melbourne’s inner and outer east, the Yarra Ranges and South Gippsland.
United Energy and Multinet Gas has sought to establish a more sophisticated approach to managing their asset investment programs, which is a core function of their integrated asset management system. These programs often stretch over long periods of time and involve complex and competing investment scenarios. They recognized the need for an approach that would provide the capability and information to optimise volumes, costs and resource levels within defined time periods.
“We are challenged to deliver the greatest possible value to our organization, stakeholders, and customers, taking into consideration the many constraints presented to capital portfolio managers in the utilities industry,” stated Mark Clarke, GM Networks - Electricity of United Energy and Multinet Gas. “Copperleaf C55 stood out because it provided a proven method, process and software that will allow us to develop the optimal mix and timing of projects to meet our objectives.”
“We are thrilled to welcome United Energy and Multinet Gas to the growing group of peer companies that rely on C55 to help them optimise their asset investment decisions,” stated Jason Apps, ARMS Reliability CEO. “We look forward to supporting them in their mission to enhance their portfolio planning, and provide an optimal investment approach in the face of competing resources and objectives.”
“United Energy and Multinet Gas are joining the growing list of industry leaders choosing Copperleaf C55,” said Copperleaf CEO Judi Hess. “We look forward to supporting them and our partner ARMS Reliability in delivering a solution that will help them achieve their goal of giving their customers access to the most advanced and efficient network, today and in the future.”
About ARMS Reliability
ARMS Reliability is a global consulting firm, helping some of the world’s largest resource, utility and power generation companies to achieve business goals through effective asset management and improvements in operational productivity.
At the forefront of asset management strategies and technology, our expertise, methods and tools empower clients to make proactive asset investment and management decisions that optimise capital expenditure, plant maintenance, reliability and availability at minimal cost and risk.