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SOUTH WALES BRANCH PROGRAMME POSTER
JANUARY 2004
INVESTOR
Luke Fielder (NSC Ltd)
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14 January 2004, Wednesday |
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6.30 for 7.00 p.m. |
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Robert Recorde Room, Faraday Building, University of Swansea |
INVESTOR is focused on knowledge transfer of “best practice” Whole
Life Costing and asset management techniques cross sector. It is sponsored
by the DTI and has resulted in a tool set that has been employed to model
both rail and water treatment assets. INVESTOR uses Monte-Carlo simulation
techniques to predict asset failure and calculate business interruption
costs. A feedback loop enables model correction and, ultimately, learning
by comparing predictions with actual data.
INVESTOR has been developed by a core collaboration led by Halliburton
KBR which includes: Kalido – experts in Data Management Systems
who have developed a leading 2nd generation data warehouse application;
AMCL – specialists in asset management; NSC – specialising
in advanced modelling and simulation techniques. Under the DTI ICT
Carrier Programme, the collaboration team has partnered with asset
manufacturers and asset owners to develop INVESTOR as a means of
understanding and communicating asset behaviour in situ.
The talk will outline the three fundamental parts making up the
architecture of INVESTOR: the Kalido data warehouse, the simulation
engine and visualisation of results.
All are welcome to attend - admission is free. |
