AIO FOR GASAsset Management and Optimized Investment
You need to rely on more than intuition.
Decision makers in gas utilities used to get a long way on intuition, expertise, and experience. Some of the best decisions in the industry were made by men and women who had seen it before, done it before, or have had the instincts to anticipate how the market was about to move weeks, months, and years before the market actually moved.
But things are different today.
There’s never been a time when the industry was more complex. The interconnections between networks, the impact of regulatory decisions on everything from environmental protection to health and safety, site security, and network failure rates make the job of the decision maker more critical than ever – and experience backed by gut instinct just doesn’t cut it anymore. Today decision makers need to justify each and every decision with data, demonstrate the strength of a strategic plan with a model, and make the case for strategic investment with a reliable, auditable, and repeatable model.
Cosmo Tech’s AIO for Gas application offers everyone from asset managers to industry leaders the chance to profit from augmented intelligence, to understand the impacts of each and every decision across the entire gas transmission network, and to choose the optimal strategy, process, or policy from hundreds or even thousands of ‘what if’ scenarios simulated on the Cosmo Tech platform.
It’s time to rely on more than your intuition and experience.
It’s time for Cosmo Tech AIO.
Four objectives. One solution.
A Tier 1 European gas transmission utility approached Cosmo Tech to test AIO for Gas on their network. In this pilot project there were four objectives:
- Improve understanding of the network and the impact of decisions under constraints.
- Develop a case for regulators to justify investment expenditures and strategic decisions.
- Understand the impact of budget cuts on asset classes, and the cascading effects of asset failures.
- Connect the micro (operational) decisions with the macro (finance, planning) decisions for a holistic view.
Cosmo Tech deployed its AIO for Gas application and, in an exclusive case study, explains how all of the Tier 1 gas transmission utility’s objectives were met, how Cosmo Tech can help make the case to regulators for a multi-million euro tariff increase, and generate potential savings in excess of €25 million annually.
Learn more about Cosmo Tech’s AIO.
Cosmo Tech’s AIO has been applied in fields as diverse as electricity transmission, rail network operations, and gas pipeline projects.
Ready to learn more about how AIO and Cosmo Tech’s augmented intelligence is helping executives make optimal decisions?
Click to download some of Cosmo Tech’s original research, use cases, case studies, and roundtable presentations.