PowerPlan to Provide Asset Management Software and Services to NZ National Grid

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ATLANTA, May 23, 2017 (GLOBE NEWSWIRE) -- PowerPlan, the leading provider of asset investment planning software, is pleased to announce that its Asset Management Planning Suite (AMP) will assist Transpower New Zealand as part of its ongoing effort ...

ATLANTA, May 23, 2017 (GLOBE NEWSWIRE) -- PowerPlan, the leading provider of asset investment planning software, is pleased to announce that its Asset Management Planning Suite (AMP) will assist Transpower New Zealand as part of its ongoing effort to reduce costs while evolving its services.

With 12,000 km of transmission lines and more than 170 substations, Transpower - the state-owned enterprise responsible for electric power transmission in New Zealand - needed a way to better prioritize, optimize and improve the management of its asset portfolio investments. PowerPlan's AMP will greatly assist to streamline its planning capability to ensure consistent decision-making that balances risk, service levels and investment with strategic corporate objectives.

"We needed a solution that would align us with strategic priority of improving our asset management," said Stephen Jay, General Manager, Grid Development, Transpower. "We looked to the market to see what could help us, and firmly believe that our selection will achieve this alignment and make decisions that create transparent, repeatable processes to balance asset performance, cost and risk."

"PowerPlan is pleased with Transpower's decision to select our industry leading AMP solution to help them achieve their asset management goals. We see this as a partnership, and look forward to learning as much from their journey, as they will from our global experience," said Rob Corazzola, PowerPlan's VP Global Business Development.

About PowerPlan

PowerPlan software provides financial insight into how complex rules and regulations impact your organization - empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email info@powerplan.com or visit www.powerplan.com.

For more information, contact:
Joy Schmidt
678.202.1694
pr@powerplan.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: PowerPlan Inc. via Globenewswire

Source(s) : PowerPlan Inc.

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