ARC Announces Power Generation Consulting Practice.Business/Technology Editors ARC Advisory Group announces the expansion of its strategic consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to include a team specifically for the Power Generation Industry. This practice provides technology and market assessment services for both fossil and nuclear power generation facilities. This move is in response to the competitive pressure power generation companies face for improving their plants' return on assets Return on assets (ROA) Indicator of profitability. Determined by dividing net income for the past 12 months by total average assets. Result is shown as a percentage. ROA can be decomposed into return on sales (net income/sales) multiplied by asset utilization (sales/assets). (ROA ROA See: Return on assets ROA See: Right of accumulation ROA See return on assets (ROA). ) in a deregulated environment. Power Generation Practice Deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. separated the power transmission from its generation which exposes the power generation companies to direct competition. Now, power is a commodity with pricing set by the market. The generation companies are struggling with cost and performance issues. ARC is unique in its ability to provide strategic consulting to the power generation companies so they can better respond to their competitive pressures. ARC's Power Generation Consulting Practice includes automation, enterprise applications, control system integration, industrial network technologies, security, energy management, simulation modeling, advanced control, and optimization applications. Consulting Practice Management Team Harry Forbes, Power Industry Research Leader, focuses on strategies for the power industry. Harry has over 25 years of industry experience with Invensys, Simulation Sciences, ESSCOR, Foxboro and Detroit Edison Detroit Edison, founded in 1903, is an investor-owned electric utility which serves most of Southeast Michigan. Its parent company, DTE Energy (NYSE: DTE), provides energy services to a variety of clients beyond Detroit Edison's service area. . Harry is experienced in power generation (fossil and nuclear), industrial energy management, simulation modeling, advanced control, and advanced applications. He also has extensive expertise in industrial network technologies and system integration. Bud Grant Harry Peter "Bud" Grant, Jr (born May 20, 1927) is the longtime former American football head coach of the Minnesota Vikings of the National Football League (NFL) for eighteen seasons. He was the second (1967–83) and fourth (1985) head coach of the team. , Director of Power Industry Practice, has over 25 years experience in Process Automation and Information Management. Bud has wide-ranging experience with the electric utility industry. His most recent assignments include senior management positions with Invensys Process Automation, ABB n. 1. Among weavers, yarn for the warp. Hence, Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s Power Plant Controls, and Elsag Bailey. ARC Advisory Group provides strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. and technology assessment services to leading manufacturing companies, utilities, and global logistics providers, as well as to software and solution suppliers worldwide. From Global 1000 companies to small start-up firms, ARC has the strategic knowledge needed to succeed in today's technology driven economy. Further information can be obtained from Maryanne Flynn at ARC, Three Allied Drive, Dedham, MA 02026, 781-471-1160, Fax 781-471-1060, E-mail mflynn@arcweb.com, Web ARCweb.com. |
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