Vancouver, BC, Canada, Tuesday, May 11, 2010 – Axia Software Corporation announced today that California-based San Diego Gas & Electric (SDG&E) and Southern California Gas Co. (The Gas Company) have gone live with implementations of Axia’s REVEAL™ Asset Investment Planning software solution. The new enterprise-class software solution encompasses several innovative modules providing investment decision support and long range planning.
Axia’s REVEAL is a feature-rich Asset Investment Planning software suite created for large corporations and provides a well-defined investment optimization process implemented uniformly across areas of their organization. With REVEAL supporting reliable and repeatable decision making, the utilities increase flexibility and enhance stakeholder understanding in asset investment decision making.
“We are confident that our REVEAL solution, one of the first enterprise software products in the space, will be a contributor to the success of the utilities’ Asset Investment Support Project,” said Graham Carter, president and CEO of Axia Software. “We take pride in supporting SDG&E and The Gas Company in their quest for continuous improvement and business excellence.”
How REVEAL Works
REVEAL is an enterprise class software solution that can be deployed to work with existing asset management solutions. It uses a set of commonly defined organizational objectives and metrics to evaluate and compare investment projects, quickly simulate the risk and benefit analysis of various investment strategies and recommend an optimized capital plan for consideration. REVEAL enables utilities to make investment decisions that best support corporate objectives, maximizes risk mitigation based on available resources and provides real-time visibility on actual capital efficiency relative to plan. REVEAL is built on Microsoft Technologies including SQL Server.
About SDG&E
SDG&E is a regulated public utility that provides safe and reliable energy service to 3.4 million consumers through 1.4 million electric meters and more than 840,000 natural gas meters in San Diego and southern Orange counties. The utility’s area spans 4,100 square miles. Exceptional customer service is a priority of SDG&E as it seeks to enhance the region’s quality of life. SDG&E is a subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego.
About The Gas Company
The Gas Company has been delivering clean, safe and reliable natural gas to its customers for more than 140 years. It is the nation’s largest natural gas distribution utility, providing safe and reliable energy to 20.3 million consumers through 5.7 million meters in more than 500 communities. The company’s service territory encompasses approximately 20,000 square miles in diverse terrain throughout central and Southern California, from Visalia to the Mexican border. The Gas Company is a regulated subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego.
About Axia Software Corporation
Axia is a software company that provides a powerful enterprise class solution for Asset Investment Planning. The company’s suite of applications called REVEAL connects corporate objectives with engineering imperatives to produce optimized capital investment plans for asset life cycle management. Axia enables companies to satisfy network reliability and capital investment demands, while reducing business risks. Unlike the majority of Asset Investment Planning solutions available today, REVEAL is a true enterprise software solution that can easily be implemented to work with, and extend the value of, many of the existing transactional software solutions utilized by utilities today.
Axia Software Corporation is based in Vancouver, British Columbia, Canada and has regional representation in Asia-Pacific. For more information, visit www.axiasolutions.com.
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