Servelec’s strategic role in assessing long term investment needs

Servelec Technologies, the leading provider of business optimisation solutions in the UK water industry, is leading a pioneering asset management project in the UK Water industry. UKWIR’s ‘Long Term Investment in Infrastructure’ project will be steered by asset management specialist George Heywood of Servelec Technologies. The aim of the project is to determine the evidence that will inform the pace of long term investment required for the replacement of assets across the industry.

Over the past 10 years companies have adopted a more forward looking approach to asset management. Despite this, concerns remain that the level of replacement of water and sewerage infrastructure may be lower than is needed in the long term. Water companies have made good progress in gathering data on sewer and water mains failures and in developing deterioration models and asset planning methodologies, but this has not yet fully addressed these concerns.

As the creators of Servelec Technologies’ PIONEER asset planning software George and his team have a wealth of experience in helping companies to optimise their investment planning.

“What this project seeks to deliver,” commented George “is a body of evidence to determine whether accelerating asset renewal and/or rehabilitation in water and wastewater infrastructure is needed to ensure the long term sustainability of current levels of service to water customers.

“At Servelec Technologies we specialise in providing the water industry with expert modelling, optimisation and risk analysis consultancy, combined with software products and development services.  We are delighted to be awarded this project by UKWIR who look to provide the research and evidence on which innovation within the UK water industry is based.”

UKWIR (UK Water Industry Research) was set up by the UK water industry in 1993 to provide a framework for the procurement of a common research programme for UK water companies on 'one voice' issues. UKWIR's members comprise 21 water and sewerage undertakers in England and Wales, Scotland and Northern Ireland.

Division: Servelec Technologies

Category: Servelec Technologies, Technologies, UKWIR, Pioneer, asset planning, asset management, water industry, UK