VANCOUVER, BC, Oct. 14,
2022 /CNW/ - Copperleaf® Technologies
Inc. (TSX: CPLF) ("Copperleaf" or the "Company"), a provider of
enterprise decision analytics software solutions to companies
managing critical infrastructure, announces the selection of its
decision analytics solution by Portsmouth Water, the utility
company responsible for delivering drinking water to customers
through South East Hampshire and West Sussex.
Deciding where and when to invest to maximize capital
efficiency, manage risk, and meet performance targets is crucial in
the upcoming price review period, PR24. The Copperleaf H2O
Solution, a streamlined implementation of Copperleaf
Portfolio™, provides off-the-shelf asset investment planning
and management (AIPM) capabilities aligned with UK water regulator
Ofwat's framework. The solution will enable Portsmouth Water to
compare dissimilar investment options by evaluating the financial
and non-financial benefits of all potential investments on a common
economic scale, including risk mitigation and delivery of
performance commitments.
"Portsmouth Water, like all water companies, faces a number of
challenges to secure long-term resilience and continue delivering
high-quality water services to customers. This future is uncertain,
and therefore to ensure we meet these challenges in the most
cost-effective way, we need to set out strategies that are adaptive
to a wide range of potential future scenarios," said
Jamie Jones, Regulations Manager
at Portsmouth Water. "The Copperleaf H20 solution will help us
do this efficiently and quickly, and we look forward to using the
solution as an integral part of our PR24 price review process."
"Portsmouth Water is excited to partner with Copperleaf on our
journey towards more robust decision-making capabilities, both in
terms of our asset planning and portfolio optimization functions,"
added AnneLouise McGinn, Asset
Management Lead at Portsmouth Water. "The solution promises to
maintain transparency of operability, reducing the need for
black-box decision making and facilitating the development of more
robust, appropriate, and defensible investment plans based on our
corporate vision and customer needs."
"UK water companies are preparing their business submissions
with a key focus on developing plans that deliver long-term value
against the backdrop of an uncertain future," said Stefan Sadnicki, Managing Director for
Copperleaf in Europe, Middle East, and Africa (EMEA). "The Copperleaf H2O
solution allows a rapid implementation that will enable Portsmouth
Water to optimize investments against a range of possible scenarios
and demonstrate how options selected will impact stakeholders and
the environment."
"Portsmouth Water joining our growing client community is
further testament to how well our solutions support the complex
challenges of the water sector," said Wayne Collins, Vice President of Sales for
Copperleaf in EMEA. "We thank them for trusting us with this
important project and look forward to working together."
About Portsmouth Water
Portsmouth Water supplies water to Portsmouth and surrounding
areas. The company delivers 170,000 million litres of water per day
to 735,000 residential and commercial customers, covering a total
of 868 square kilometres. With dozens of reservoir sites, treatment
works and water sources, Portsmouth Water aims to deliver high
quality water, customer service and value for money.
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
SOURCE CopperLeaf Technologies Inc.