Power and Water Corporation, the Northern Territory's multi-utility provider, is to roll out a $14.5m asset management system.
The four year project, to be designed and implemented by IBM, is aimed at delivering electricity, water and sewerage services to its customers more efficiently.
Power and Water Corporation serves about 80,000 customers across more than 1.3 million kilometres of the Northern Territory.
The project is part of a recently increased capital maintenance plan allocated across power generation, power networks, water, sewerage and business services in the Northern Territory.
AMC program director at the company, Sharon McAnelly, said an enterprise-wide system was required to streamline processes and report real performance.
“Better asset management systems capability means better information on asset performance and condition,” she said in a statement. “This will bring clarity to investment decisions, maintenance planning and delivery, and ultimately better customer services.”
The asset management system will be based on IBM’s Maximo Spatial Asset Management which will allows users to find assets within the company and provide information on their condition, cost, maintenance history, geographic location and relationship to other assets of various types.
The asset management solution will also utilise IBM Cognos TM1 to consolidate and analyse maintenance and capital works planning.