Axia Software to Exhibit and Speak on Asset Investment Planning (AIP) Solutions for Utility Companies at DistribuTECH

March 19th, 2010 Category: Press Releases

Tampa, Florida at DistribuTECH 2010 – March 19th, – Axia Software, a leading provider in Asset Investment Planning (AIP) solutions announced today it will exhibit the latest enterprise version of its REVEAL™ AIP suite at DistribuTECH, the world’s largest gathering of decision-makers in utilities automation and technology, at the Tampa Convention Center, Tampa Florida, March 23rd– 26th 2010.

Additionally, Axia Software Co-founder and Chief Technology Officer, Trevor St. Germain has been selected to present at DistribuTECH for the Enterprise Information and Asset Management conference track.  As scheduled on the first day of the event, March 23rd, Trevor will be discussing his white paper on “Making Asset Investment Planning Work to Drive Wise Decisions and Unlock Funds.”

Axia Software will also be celebrating the 2nd year in production of the REVEAL AIP suite at DistribuTECH. Now with a proven ROI, REVEAL delivers fully optimized multi-year capital investment plans for asset infrastructure, facilities, IT projects and system growth.

Axia will demonstrate how utilities can leverage Asset Investment Planning and Asset Risk-Based Portfolio Management to realize a variety of corporate and operational benefits including:

  • Improved capital spending efficiency and reduced waste
  • Optimized multi-year rankings of capital asset investments aligned directly with corporate goals
  • Risk quantified project and program funding decisions
  • Flexibility to rapidly react to unforeseen events and quickly reprioritize spending plans
  • Improved regulatory communications
  • A repository of completed projects to support ongoing operational improvements and institutional knowledge transfer

“We are excited to see how quickly the interest in Asset Investment Planning and Optimization technology has grown as utilities continue to look for innovative ways to improve the efficiency of how capital is deployed to support their aging and ever expanding asset infrastructures” comments Tim Heintzman, Vice President of Sales and Marketing at Axia. “AIP has always been a strategic activity, but never before has it risen as high in the priority stack, nor had such a visible impact on the health of these businesses.”

In conjunction with the DistribuTECH event, Axia is a proud sponsor of the inaugural Electric Light & Power Executive Conference to be held at Tampa Marriott Waterside Hotel on March 21st and 22nd. This event is designed for utility executives who are tasked with helping their corporations create smart and efficient power delivery systems, business strategies for a sustainable energy future and provide customers with the energy efficiency tools they need.

Axia Software invites attendees to their Booth Number 1841 at DistribuTECH.  For more information on DistribuTECH, visit www.distributech.com.

For more information on Electric Light & Power Executive Conference, please go to www.elpconference.com.

About Axia Software Corporation

Axia Software Corporation (www.axiasolutions.com) — Based in Vancouver, British Columbia, Axia provides enterprise class software solutions for Asset Investment Planning.  Their REVEAL suite connects corporate objectives with engineering imperatives to produce optimized capital investment plans for asset life cycle management.  It links information about historic performance, asset health, and calculated risk to enable decision-making that is aligned with the requirements of stake holders and regulatory bodies.  Using REVEAL utilities are able to satisfy network reliability and capital investment demands, while reducing business risks.