Utilities face critical, complex decision-making and long-range work plans—potentially as long as 30 years for nuclear fleets. The reasons why fleets have difficulty realizing economies of scale include the large volume of work, organizational complexity, inadequate IT systems, and an ever-changing business and regulatory environment. Among new tools available to help utilities meet such demands is a first-of-its kind solution to direct fleet and asset management needs developed by Artemis International. The new product can help utilities cope with the most stringent regulations in the energy marketplace without relying on antiquated homegrown tools, according to Patrick Ternier, president and CEO of Artemis. It is configured specifically for the unique challenges faced by nuclear energy companies—challenges such as the excessive time needed to manually create and validate work plans, the unexpected project delays due to resource bottlenecks and unforeseen/unanticipated changing requirements, and the inability to provide effective investment oversight based on limited visibility or even complete, integrated information.
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