Municipal Asset Investment Planning
Municipalities face multiple sustainability challenges as population booms and levels of service must upkeep its roads, water mains and wastewater pipelines. Life must proceed with minimal disruptions, while planning for taxpayer value and the uncertainty of asset degradation over time.
Timely and optimal decisions require a flexible Asset Investment Planning (AIP) solution that can evolve over life cycle decades and be handled by decision-makers without any programming skills. Decisions-makers must continually leverage the organization’s collective expertise, innovation, and vision.
AIP embodies modularity, transparency, digitalized expertise, and predictive analytics for CAPEX/OPEX optimization amid challenges involving resource limitations and aging infrastructures. AIP solutions scope out profitable, evidence-based strategies. They assist in targeting levels of service, stabilizing rate bases, and achieving the desired infrastructure reliability at the lowest cost.
City of Montreal
The City of Montreal spends hundreds of millions of dollars annually on maintaining and renewing its water supply (water mains), wastewater (sewer) and roadway (pavement and sidewalks) infrastructure.
> Strategic Trajectories
Decision makers are constantly seeking more optimized ways to achieve informed investment decisions regarding a municipality’s aging infrastructures, such as roads, water mains, wastewater pipelines, and their interrelated assets. While targeting current financial (CAPEX/OPEX) and physical (asset reliability and performance) objectives, the focus is to urgently act upon initiatives, such as more sustainable potable water, stormwater, and wastewater systems, to ensure public health and safety.
> Desired Levels of Service
Capital investment backlogs are accumulating to the billions or trillions of dollars in some roads, water mains, and wastewater pipelines. Maintenance backlog mitigation and proper asset investments for optimizing levels of service on the short-, medium-, and long-term, is therefore vital. The right decision at the right time is top priority.
> Workforce Turnover
As retirement and transferring out loom, safeguarding and automating subject matter expertise becomes imperative. This way, precious knowledge can be captured, formalized, and centralized.
How DIREXYON Suite
DIREXYON Suite enables you to virtually simulate and discern the most profitable investment scenarios impacting municipal infrastructures. Advanced predictive analytics include uncertainties that would not otherwise be adequately accounted for. Be empowered to optimize decisions affecting levels of service, budgetary and resource constraints, while considering climate-related targets and other factors.
DIREXYON Suite benefits
Risk, Cost & Performance
DIREXYON Suite yields sustainable annual cost savings of 20-30% over an integral asset life cycle for a consistent level of service.
DIREXYON Suite Modules
Asset Investment Planning
The ultimate strategic combo-pack of decision-support, predictive analysis & simulation modules solutions.
Portfolio Optimization & Management
Select the best combinations of projects encompassing all your resource and financial constraints for an optimized delivery plan.