Hansen Becomes International Reseller of Industry-Leading Decision Support Product for Enterprise Asset Management
Negotiates Exclusive Agreement for Worldwide Government Marketplace
FOR IMMEDIATE RELEASE:
SACRAMENTO, CA, February 11, 2004 – Hansen Information Technologies (Hansen®) today announced an agreement with London-based Asset Performance Tools Limited (APT) to become the exclusive international reseller of APT’s asset management cost/risk optimization software tools for the government marketplace.
The APT agreement, with the support of the Woodhouse Partnership, adds a complementary layer to Hansen’s already robust asset management products providing a totally integrated enterprise asset management (EAM) solution, from activity-based costing of maintenance works to complex computer-assisted decision support models.
“After being in the asset management business for over 20 years, we know that government organizations and utilities are looking for next generation decision support solutions to accurately monitor and access asset life cycles,” said Chuck Hansen, Chairman and CEO of Hansen. “After an exhaustive review of competing decision support regimes, including Performance Benchmarking, Balanced Scorecard, TQM, RCA, RCM, and TPM, we concluded that these methodologies did not go far enough. The cost/risk evaluation tools of APT are best suited to help the life cycle management of networked, linear, and plant assets. Now we cover the entire asset profile, including its inventory, spatial identification, inspection, condition assessment, maintenance, life cycle analysis, project evaluations, and supply chain analysis, with over 40 areas of risk-based decision-making. APT products are a logical extension for leading government water, wastewater, transportation, plant, and utility organizations.”
“I am delighted to be working with the world class team of Hansen and Asset Performance Tools to deliver a new standard for optimized asset management,” said John Woodhouse, Managing Director of The Woodhouse Partnership. “By combining industry-specific spatial data models from Hansen, with proven operational reliability and risk management techniques from APT, government users can achieve unparalleled decision support for managing their infrastructure.”
Mr. Woodhouse is a leading authority in the field of complex asset management. He was project manager for the internationally recognized European MACRO project, a multi-industry collaboration to develop the best methods for risk-based decision-making. Mr. Woodhouse is also author of the best-selling book “Managing Industrial Risk” (Chapman & Hall, 1993). He is a member of the U.K. Safety & Reliability Society and a founder/council member of the U.K. Institute of Asset Management. He currently chairs the Institute of Asset Management (IAM)/BSI project on Standards in Asset Management, formed specifically to develop a Publicly Available Specification for Asset Management Systems (PAS-55).
Clients of the Woodhouse Partnership represent a diversified mix of public and private European industrial companies, oil refining & exploration, power, and water utilities, including Anglian Water, Conoco, Petro Canada, Railtrack, Scottish Power, Severn Trent Water, and Yorkshire Electricity.
“With government entities facing increasing pressure to spend less while achieving more cost/risk/benefit optimization, the combination of Hansen and APT delivers enormous value,” said Bert Montgomery, Managing Director of APT. “Using advanced software tools that allows rapid ‘what-if?’ sensitivity analysis will help determine what is worth doing, when, and why.”
APT developed the APT-INTEGRATED Toolkit to compliment the best practice methodology provided by the European MACRO (Maintenance Cost Risk Optimization) project. The tools assist in determining the accuracy of data collected, what type of data is important, and the frequency of the data collection. They will allow the client to utilize existing data, no matter how good or poor, and accurately analyze their operations. A client can take advantage of new directions in life cycle management (i.e. planning for more than just reactive maintenance). They can look at the entire life cycle of assets, including replacement strategies and risk mitigation.
APT tools take asset and work management routines stored in Hansen, and provide a detailed auditable decision support analysis that saves money and optimize resources.
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About Asset Performance Tools Limited
Asset Performance Tools Ltd (APT) is a software development company focused on the development of cost/risk/benefit optimization decision support tools for asset management. Formed by some of the top experts in asset management, APT was tasked with developing a range of decision support tools as part of the MACRO (Maintenance Cost Risk Optimization) project. APT offers an integrated suite of decision support tools comprised of APT-PROJECT, APT-MAINTENANCE, APT-INSPECTION, APT-LIFESPAN, APT-STOCK, APT-SPARES and APT-SCHEDULE. The software is sold through a distribution network with distributors in France, South Africa, South America and the United Kingdom.
About Hansen Information Technologies
Hansen is the world's leading provider of applications that help manage the daily operations of government. Hansen's integrated suite of performance management solutions include Enterprise Asset Management (EAM), Building Permit, Business Licensing, Business Intelligence, Citizen Relationship Management (CRM), Code Enforcement, Financials, GIS, HR & Payroll, Property Tax, Timesheet Reporting, Transportation, Utility Billing, and Web Portal applications. Major customers include 15 of the 25 largest city and county governments in the United States.
Headquartered in Rancho Cordova, California (as of March 2005), the company is a privately-held corporation employing over 250 people.
For more information, please visit Hansen's Web site at www.hansen.com.
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