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Historically, a utility’s spending decisions were largely made on a reactional, situational basis. Smart capital planning has the capability to help utilities accurately forecast and plan for the future based on data-backed information. These optimized pl...
With such added uncertainty and volatility, infrastructure owners will need to develop sophisticated data- and analytics-driven solutions, factoring in a range of future scenarios to identify the long-term investment plan that provides the most business value. Smarter capital planning will require learning to quickly adapt to new realities driven by disruptive market forces.
As accelerated change becomes the new normal, identifying key trends that are shifting historical forecasts and integrating those expectations into capital planning solutions is critical to staying ahead of future needs and identifying areas to integrate real options to manage long-term organizational value. With smart investment solutions and tools, organizations can gain the business flexibility of long life cycle infrastructure that can enable organizations to adjust to changes in feedstock costs, supply chain disruptions, regulatory impacts or other unplanned impacts.
Explore this growing library of key topics and perspectives from 1898 & Co. on how capital planning is changing and what you can do to make smarter capital investment decisions.
A multinational consumer goods company needed a way to better inform its capital investment decisions. The answer would combine its extensive facility/asset base and systems of record into one universal dataset, using a new software solution.
After founding an advisory council of public interest groups and industry representatives, Arizona Public Service required a skilled partner with industry experience to lead meetings that improve outcomes for the public and the utility.
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