Asset Management Solutions

Asset Management Solutions provides the means by which any enterprise can develop and then deploy as web services its business processes. By utilizing web services that are standard's-compliant, an organization's business processes can be orchestrated, organized, categorized and shared across the entire organization, regardless of the size or complexity of the organization.

To illustrate, utilities face a basic challenge: How to meet mandated service levels while managing intensive physical assets that are capital intensive over extremely large geographical areas? In today's complex environment, both markets and rules are constantly changing. Yet managers require the proper tools to properly deploy resources and provide for future growth. Facing shareholder pressures and regulatory issues, managers require clear audit trails that support their deployment and investment decisions.

Effective network operations are necessary if managers are to make the best decisions at the most appropriate times. When assets are monitored carefully, they are managed better. Gaps or inaccuracies in the collection of data or in the analysis of data result in risk for energy providers. The energy industry faces a unique set of challenges and problems in the form of rate freezes that vary in duration and frequency, natural disasters, deregulation, and widespread energy outages. Knowmadic provides the tools that are necessary to rise to these challenges and overcome them.

Knowmadic has provided a number of the major energy companies in the Americas with the right tools that they can utilize to track assets by revenue and usage, service history, location and investment in order to attain a complete picture of installed field assets. In addition, Knowmadics has provided these major energy companies with the means to identify separate records systems for each unique field or collection of fields.

Knowmadic's products provide a vehicle by which these major energy companies can take action when they identify discrepancies or inaccuracies and coordinate audit information based on the internal data and rules of each individual business. Moreover, Knowmadic provides the means by which companies, such as these large energy companies, are able to identify and then to analyze the major performance indicators that ultimately have an impact on capital budgeting.