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Utilities
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Utilities including electrical generation, transmission and distribution, drinking water, wastewater and sanitary, and natural gas production and distribution share many common issues. Addressing these shared needs forms the foundation of Riva's utilities solutions. But each sector also has unique requirements and so Riva has tailored solutions for each to meet their specific needs.
Across the board, utilities face the daily challenges of maintaining service levels regardless of credit and economic crisis, managing regulatory risks, and responding to political objectives. Riva's Asset Investment Planning, Asset Optimization and Asset Analytics software solutions include all the functionality needed to assist your organization with improving service. Because Riva's software integrates seamlessly with your other enterprise software applications, sharing data back and forth, synergies will emerge that present new opportunities for managing your assets. Riva's customers are experiencing improvements that generate up to 15% savings on lifecycle costs reducing CAPEX and OPEX.
Regardless of these efficiencies, inflation and increased demand will eventually drive up costs beyond what existing rates can support. Justification for rate increases is an added benefit associated with using Riva's software solutions. With over $150 billion of physical assets under management and because its algorithms are based on industry best practices, Riva is a recognized authority on asset management and long range planning. Consequently its reports and graphs, in presentation-ready format, can be a tremendous help in conveying and justifying rate increase arguments to your regulatory board.
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