Bermuda Electric Light Company selects Avantis Enterprise Asset Management solution from Invensys.Business Editors FOXBORO, Mass.--(BUSINESS WIRE)--May 15, 2003 Avantis EAM (1) (Enterprise Asset Management) The management and control of the information technology assets within the enterprise. The asset management repository includes a description of the asset as well as contract information pertaining to its acquisition. to play key role in company's increased focus on customer satisfaction Invensys, a leader in resource productivity, today announced that Bermuda Electric Light Company Limited (BELCO BELCO Bermuda Electric Light Company Limited ) has signed an agreement to deploy the Avantis Enterprise Asset Management (EAM) solution to assist in managing the island's self-sustaining power generation and distribution operations. As part of a company re-design effort around improving customer satisfaction and controlling costs, BELCO will replace the incumbent EAM product with the Avantis solution. The Avantis offering will be used to manage materials procurement, inventory, maintenance activities, customer calls, and the scheduling of all work. The Avantis EAM software will be integrated with other Invensys products in place at BELCO, including a Wonderware HMI (Human Machine Interface) The user interface in a manufacturing or process control system. It provides a graphics-based visualization of an industrial control and monitoring system. system and Triconex control system. Avantis will also be integrated with the existing SAP financial application. "We chose Invensys because we believe we can increase our customer service levels by integrating best-of-breed applications, such as Avantis. Avantis' user-friendliness was immediately evident. It also has the flexibility to adapt to the specific requirements of our company in particular as we embark on process re-engineering," said Andrew Parsons Andrew Parsons (July 22, 1817–June 6, 1855) was a politician from the U.S. state of Michigan. Early life in New York Parsons was born in Hoosick, New York. , senior vice president of corporate services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. at BELCO. "We believe that access to timely, high-quality information is the key to improving customer service and satisfaction, and it's clear that Avantis will play a key role in providing us with that information." "This is an excellent example of Invensys delivering customer-driven industry solutions," said Michael Madrazo, vice president and general manager of the Avantis business unit. After a thorough assessment of BELCO's situation, we were able to provide a multifaceted solution that includes the integration of Avantis to GIS, customer information, call center tracking, and outage management products. This functionality is combined with a single portal view of key performance measures for optimal decision support at all levels in the organization." About Bermuda Electric Light Company Bermuda Electric Light Company Limited (BELCO) is Bermuda's sole supplier of electricity, operating a generating plant and transmission and distribution systems throughout the Island. BELCO's mission is to meet the energy requirements of the people and businesses of the Islands of Bermuda This is a list of the islands of Bermuda, listed alphabetically. This is an incomplete list. Please add to this list if you are aware of an omission.
About Avantis For more than 20 years, customers throughout the world have relied on Avantis enterprise asset management (EAM) solutions to improve resource productivity by driving down operating costs, minimizing the risk of unplanned downtime and maximizing financial return on capital assets capital assets n. equipment, property, and funds owned by a business. (See: capital, capital account) . Avantis is part of Invensys Production Management. About Invensys Invensys is a global leader in production technology. The group helps customers improve productivity, performance and profitability using innovative services and technologies and a deep understanding of their industries and applications. Invensys Production Management works closely with customers to increase performance of production assets, maximize return on investment in production and data management technologies and remove cost and cash from the supply chain. The division includes APV APV See: Adjusted Present Value , Avantis, Eurotherm, Foxboro, IMServ, PRISM, Protean pro·te·an adj. Readily taking on varied shapes, forms, or meanings. protean changing form or assuming different shapes. , SimSci-Esscor, Triconex, Validation Technologies, and Wonderware. These businesses address process and batch industries - including oil and gas, chemicals, power and utilities, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , pharmaceutical, and personal health care, mineral processing - and the discrete and hybrid manufacturing sectors. Invensys operates in more than 60 countries, with its headquarters in London. For more information, visit www.invensys.com. I Invensys, Avantis, Eurotherm, Foxboro, I/A I/A Interactive I/A Instrument Air I/A Innovative/Alternative (Technology) Series, PRISM, Protean, SimSci-Esscor, Triconex, and Wonderware are trademarks of Invensys plc, its subsidiaries, or affiliates. All other trademarks are trademarks of their respective owners. |
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