INVESTOR achieves this through a Least Whole Life Cost modelling process that finds the optimum fit between: the utilisation and performance of assets; the asset condition; and the applied asset intervention strategies. To date, INVESTOR has been applied to the Water and Rail industries, but can be configured to any industry with an asset management requirement.

INVESTOR is based on best practice from the oil and gas industry developed within KBR.

The DTI have sponsored INVESTOR under the ICT Carrier Programme. This has enabled manufacturers to demonstrate innovation in a measurable way to reduce cost of ownership for asset owners.

The INVESTOR approach is to model a hierarchy starting at the business or works level, working down through the system and process level to the individual asset level.

The INVESTOR architecture is based on a core simulation that allows models to vary depending on asset type and hierarchical level. Where appropriate, the INVESTOR modelling engine integrates with existing industry accepted models.

The layered architecture of the simulation enables the cost-effective customisation of INVESTOR in order to accommodate the specific needs of different industries, and of individual companies within each industry.

INVESTOR has been developed by a core collaboration of four companies:

• KBR – Global Engineering and Construction.
• NSC – Mathematical Modelling and Simulation.
• AMCL – Asset Management Consultancy.
• Kalido – Data Warehousing and Data Management.

Features:

• models the relationship between service delivery and asset condition.
• system deterioration, interventions, failure (DIF) model.
• determines WLC including Business Interruption.
• “what if?” scenarios for different maintenance, renewal, duty and EPC Strategies + 30 years.
• driven by the Asset Catalogue (generic).
• business learning/interactive training environment for engineers.
• seamless access through Data Warehouse to asset catalogue, legacy, and new information systems.
• model scenarios with feedback loops for business improvement and KPIs.