Innovyze Introduces InfoNet Suite Edition, Enabling Expansion of Asset Performance Management to the Entire Enterprise

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Innovyze Introduces InfoNet Suite Edition, Enabling Expansion of Asset Performance Management to the Entire Enterprise

Comprehensive Asset Management Software Suite Lets Municipalities, Public Works, and Water/Wastewater Utilities Optimize their Asset Utilization and Performance, and Extend Asset Life at Maximum Savings

Broomfield, Colorado, USA, November 11, 2014 — Innovyze, a leading global innovator of business analytics software and technologies for smart wet infrastructure, today introduced its new InfoNet Suite for developing an effective Enterprise Asset Management (EAM) program. Available as a complete product or an upgrade to the industry-leading InfoNet Desktop edition, the new Suite extension dramatically expands the asset management possibilities for public works, utilities and municipalities of all sizes and their consultants and contractors. InfoNet Suite 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 those assets. 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 powerful modeling capabilities of the Suite also help users prolong the useful life of their physical assets and improve their performance and operational efficiency at maximum savings. Its overarching goal is all about getting more from existing assets. All the commonInfoNet tools can be used with the assets, including data flags, version control, rich thematic maps and SQL analysis. InfoNet 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. Users can 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. With these unique, cutting edge capabilities, InfoNet Suite ensures 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 network infrastructures, users can integrate a host of applications and data sets they already use, including generic GIS, corporate databases, maintenance management systems, field data systems, SCADA, hydraulic modeling/analysis software and other corporate applications. The software can also directly integrate with the powerful Esri (Redlands, CA) ArcGIS (9.x-10.x) platform. The comprehensive nature of InfoNet Suite supports the increasingly widespread adoption of GIS, modeling technology and predictive analytics by the industry, propelling its applications into the next generation. It also furthers Innovyze’s time-honored practice of continually adding value to its software and bringing unmatched asset modeling and management capabilities, backed by unsurpassed technical support, into the mainstream. “Organizations worldwide face the constant challenge of sustaining their assets with limited resources,” said Paul F. Boulos, Ph.D., BCEEM, NAE, Hon.D.WRE, Dist.D.NE, F.ASCE, President, COO and Chief Technical Officer of Innovyze. “The new InfoNet 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. They 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. This new suite reflects Innovyze’s commitment to continuous product evolution designed to meet the ever-changing needs of our industry. Our customers count on this commitment to help make theirs the best-run organizations in the world. We are proud to introduce this powerful new solution, knowing that it will make an immediate difference in people’s lives, our communities, and our society.”