Overview
Cosmo Tech Asset, our Prescriptive Simulation Twins for Asset Management, is designed for enterprises seeking to optimize their operational efficiency, strategic planning, asset management, and asset performance.
Each year, companies invest billions of euros to manage the infrastructure and assets we rely on every day. Asset-intensive industries such as electricity, utilities, transport and water need to make the right decisions on how best to maintain and expand this infrastructure.
The increasing effect of obsolescence constraints on the consequences of asset failures requires an optimal asset investment strategy that considers both obsolescence and aging bottleneck, unexpected downtime costs, OPEX expenses as well as CAPEX investments.
The advanced capabilities of Cosmo Tech AI-Simulation Platform help decision-makers to:
- Switch from a pure accounting asset lifespan to an investment strategy that minimizes TOTEX and maximizes asset revenues
- Ensure consensus regarding asset replacement between Maintenance, Production and Finance departments and align corporate strategies with specific sites’ needs.
- Decrease downtime cost and optimize CAPEX allocation strategy.
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