Power Transmission Solutions

Ventyx Enterprise Asset Management solutions provide a full, clear view of an organization’s asset infrastructure and the workforce maintaining it. Our capabilities extend beyond traditional production assets. With Ventyx, you can manage multiple asset types and still have one clear view of the entire asset infrastructure. Key benefits include:

• Improving asset and resource utilization
• Improving equipment readiness
• Increasing safety and mitigated risk
• Reducing asset lifecycle costs
• Ensuring supply chain availability and visibility

With Ventyx Mobile Workforce Management solutions for field service, field personnel can perform the right job at the right time with the right resources. Key benefits include:

• Ensuring the allocation of appropriately skilled workers to each job
• Providing electronic dispatch to mobile devices in the field and revisions to scheduled tasks based on real-time field intelligence
• Automatically allocating time, labor and material costs to jobs performed for timely reporting and audit transparency
• Reducing the risk of employee injuries
• Providing direct access to up-to-date information for field staff

Asset intensive organizations service and operate their assets in the field, where they live. This workforce is often distributed across vast distances, or in remote and dangerous locations, and exposed to volatile conditions. Ventyx solutions provide unique mobile business applications that take asset management and business processes to the work site to automate processes and to safely and efficiently perform inspections, maintenance and repairs.

• Improving quality, consistency and efficiency of asset-based work
• Reducing workforce fatigue and improving workforce safety
• Increasing asset productivity and asset availability
• Facilitating compliance with asset strategies established and managed in EAM systems
• Reducing cost of asset maintenance and workforce deployment
• Providing governance over work processes in the field
• Improving visibility of assets and workforce
• Standardizing or policies and processes in the field and across the organization

Understanding parts management and inventory optimization plays an important role in an organization’s success – particularly in relation to mission-critical assets. The challenge is how to best balance inventory levels. Ventyx Parts Management is the most effective way to reduce inventory while protecting against the risk of stock-outs. Key benefits include:

• Reducing asset down-time by increasing maintenance team efficiency
• Reducing working capital tied up in inventory
• Improving the effective management of stock
• Enabling all parts and service information to be found quickly and easily
• Providing accurate catalog descriptions and classifications

Electric power companies are faced with evolving industry standards and market rules as well as ever increasing demands on operational performance. With a Ventyx Energy Management System (EMS), you can determine optimum power flows and voltage profiles, provide early detection of network congestion, perform analysis reporting and address cyber security. Key benefits include:

• Optimal utilization of transmission network assets
• Enhanced network security and continuous monitoring of system stability, with early warning of conditions that could lead to widespread blackout
• Advanced visualization and situational awareness for operators, leading to enhanced grid operation
• Higher quality of supply
• High-fidelity training simulator for advanced operator training, under steady-state and dynamic power system conditions
  

Asset-intensive industries tend to focus more on the complex plants and equipment they use than the products they produce. Any interruption due to plant or equipment failure can result in lost production that may be unrecoverable. The enterprise asset management components of the ERP software are as important as material requirement planning components for a manufacturing organization. Asset-intensive ERP has been specifically designed to maximize asset productivity and help prevent equipment failure that can lead to lost revenue and safety and environmental risks. Key benefits include:

• Improving management of human resources and skilled labor
• More rigorous control of data collection for financial and managerial reporting
• More effective corporate governance and better transparency
• A more efficient supply chain that frees up capital tied up in inventory
• Improving availability of assets and reduced stock-outs of critical items

To improve strategic and tactical decision making, management need greater insight and visibility of all aspects of the operation – from the effectiveness of its staff to the performance of its plants and equipment. Ventyx Business Intelligence captures and aggregates rich data held across disparate software systems. Easily tailored for individual users or user groups, Ventyx Business Intelligence compiles the industry's best business practices into pre-packaged solutions to enable companies to more effectively monitor and manage their distributed assets on a real time, near-real time, and event-driven basis. Key benefits include:

• Prepackaged dashboards for high value KPIs such as asset health, work management, operations management, smart grid, and financials
• More timely and accurate reporting on the KPIs which matter most – working alongside your existing corporate BI strategy
• Improving decision making by capturing and aggregating the rich data held within software systems across the enterprise
• Better allocation of finite funding to generate the greatest return on investment
• Make costs and opportunities more accurate and visible throughout the organization, from line managers to executives
• Improving productivity and asset reliability by establishing baselines and best practices

Energy markets have converged. Analysts need the ability to quickly evaluate the activities of market participants and industry dynamics across commodities without having to jump between applications. Energy professionals need more than just accurate data – they need powerful analytical tools that can help them quickly find the answers to complex and data intensive industry problems. Ventyx is a market leader in energy market planning and analytics, and is the only major market forecast provider to backtest the performance of its Advisory Service forecasts over time. Key benefits include:

• Performing common industry analysis quickly with sophisticated analytical and planning tools
• Analyzing the complexities and risks associates with transmission access to plant locations, power contracts, and unit production costs
• Minimizing costs (or bids) while simultaneously adhering to a wide variety of operating constraints
• Maximizing profits by supporting market-based investment decisions
• Improving regulatory compliance reporting

Used by market or transmission operators, wholesale providers, generation owners/operators, marketers, and utilities, the Ventyx counterparty settlements and billing solution supports the settlement and invoicing of generation, transmission and distribution customers or counterparties associated with energy contracts. Key benefits include:

• Simplified bilateral Transactions and Power Purchase Agreements
• Improved compliance with Energy Service Agreements
• Ability to manage complex fuel supply contacts
• More accurate member billing and market charge allocation

Ventyx offers industry-leading power market simulation solutions, which incorporate extensive details in generating unit operating characteristics, transmission grid topology and constraints, unit commitment, operating conditions and market systems operations. Algorithms can be exercised for LMP forecasting, CRR / FTR valuations, and transmission congestion analysis.  Key benefits include:

• Examine the economic viability of transmission investment opportunities taking into account transmission congestion, fuel costs, generator availability, bidding behavior, and future load growth
• Analyze complexities and risks associated with transmission access to plant locations, power contracts, and unit production costs
• Forecast hourly energy prices, unit generation, revenues and fuel consumption, bus-bar and zonal energy market prices, external market transactions, transmission flows and congestion prices
• Deploy an hourly chronological dispatch algorithm that minimizes costs (or bids) while simultaneously adhering to a wide variety of operating constraints