VANCOUVER, BC, March 30,
2022 /CNW/ - Copperleaf® Technologies Inc. (TSX:
CPLF) ("Copperleaf" or "the Company") announces the selection of
its decision analytics solution by South Staffs Water to streamline
its Asset Investment Planning and Management (AIPM) processes.
South Staffs Water supplies water services to 1.3 million customers
in England and is the fifth
UK-based water company to partner with Copperleaf.
The Copperleaf H2O Solution will enable South Staffs Water to
optimise its portfolio planning process during the current Asset
Management Planning (AMP) period and support business plan
development and delivery during the next regulatory price review
(PR24). The Copperleaf solution provides access to AIPM best
practices designed specifically to meet the needs of the water
industry and aligned with UK regulator Ofwat's performance
commitments and outcome delivery incentives (ODIs).
Implementation of the Copperleaf H2O Solution and the Copperleaf
Value Framework will enable South Staffs Water to evaluate
different value measures such as benefits, risk mitigation, and
delivery of performance commitments on a common economic scale. It
will also support reporting against the six capitals to help South
Staffs Water align decision-making criteria with its responsibility
to customers and the environment.
"We look forward to working with Copperleaf to further enhance
our asset investment planning processes by being able to optimise
investment plans at both an asset and portfolio level. Having the
ability to generate different what-if scenarios will also provide
greater business agility," stated Jared
McGivern, Asset Manager at South Staffs Water. "With the
Copperleaf solution, we will be able to consider how our assets
will perform throughout the next regulatory period, enabling the
regulatory submission to be built based on both analysis of our
assets and a top-down view of how the plan will be delivered."
Caroline Cooper, Strategy and
Regulation Director at South Staffs Water added, "A robust approach
to business planning is vital for a successful outcome at PR24.
It's a critical step to delivering a robust plan that delivers
value to our customers, the environment, and our stakeholders. The
Copperleaf H2O Solution will also enable us to track performance,
ensuring our commitments can be delivered and the risk of penalties
minimised."
"We are excited to be working with South Staffs Water to further
improve their asset investment decision making," said Stefan Sadnicki, Managing Director for
Copperleaf in Europe, Middle East, and Africa (EMEA). "Our solution includes a
business-ready core configuration geared towards the water sector.
This will enable a rapid start for PR24 planning and provide a
consistent approach to investment decision making for everyday
portfolio management."
About South Staffs Water
South Staffs Water supplies high quality drinking water to
approximately 1.3 million people and approximately 35,000
commercial customers over 1,500 km2 in the West Midlands, South
Staffordshire, South
Derbyshire, North
Warwickshire, and North Worcestershire areas. The Company
consistently achieves its twin objectives of delivering high levels
of customer service and low charges.
About Copperleaf
Copperleaf (TSX:CPLF) provides enterprise decision analytics
software solutions to companies managing critical infrastructure.
We leverage operational and financial data to empower our clients
to make investment decisions that deliver the highest business
value. What sets us apart is our commitment to providing
extraordinary experiences, shaped by people who care deeply,
products that deliver exceptional value, and partnerships that
stand the test of time. Copperleaf is a patron of The Institute of
Asset Management and actively participates in shaping the future of
asset management standards, including ISO 55000. Headquartered in
Vancouver, Canada, our solutions
are distributed and supported by regional staff and partners
worldwide. Together, we are transforming how the world sees
value.
SOURCE Copperleaf Technologies Inc. CPLF-IR