Cambridge Systematics and Lloyd's Register pioneer new approach
to transportation asset management
A joint initiative between Cambridge Systematics and the Lloyd's
Register Group introduces next-generation risk-based asset
management to U.S. transportation agencies.
The Lloyd's Register Group, leaders in risk management, and
Cambridge Systematics, Inc., the nationally recognized U.S.
transportation consulting and information systems firm, have
announced plans to introduce the innovative KBAI™ risk-based asset
management technology to the U.S. transportation industry.
Developed initially for the asset-intensive oil and gas industry,
the new approach allows asset owners to simultaneously increase the
reliability of critical assets and reduce the costs associated with
inspection and maintenance activities.
The state-of-the-art technology is delivered through the Arivu™
software platform, which leverages transportation agencies'
existing management systems and data. It combines analyses of a
risk-adjusted probability of failure for a particular asset with a
financially driven consequence of failure to achieve the
next-generation risk-based asset management. "We are delighted that
Cambridge Systematics, a transportation industry leader, is
championing Arivu™ in the United States," says John Aller,
President, Lloyd's Register Americas, Inc. "The Cambridge
Systematics and Lloyd's Register Group agreement will give
licensees a complete solution, including next-generation riskbased
asset management, a comprehensive understanding of transportation
agency operations, and highly skilled implementation resources to
help clients quickly realise operational and financial results."
The technology has been implemented on transportation assets in the
UK in the areas of highway lighting and drainage, and the companies
are collaborating to extend it to a broader range of transportation
assets.
The UK-based Highways Agency have just endorsed
KBAI™ for use in highways following successful pilots and
their decision to proceed with risk-based asset management.
Antony Firth, Service Manager to North MAC Area 12, said: "The
Highways Agency expects to benefit from improved maintenance
management, efficiency savings, and reduction in carbon
footprint from this innovative service."
"We are very excited to introduce our customers to the unique
approach to transportation asset management that is provided by
KBAI™ and the Arivu™ software platform," says Lance Neumann,
President of Cambridge Systematics. "As the demands on the
transportation system grow, and needs outpace resources, effective
inspection and maintenance programs are a critical element of a
sound management strategy. I believe that the risk-based approach
provided by the Arivu™ software platform offers transportation
agencies a powerful new tool to help make the best use of scarce
inspection resources and maintenance budgets, as well as increasing
the performance and reliability of the transportation system."
Transportation agencies can learn more about this exciting new
approach to transportation asset management by visiting
http://www.camsys.com, or
http://www.kbai.net/industries.html.
End
Notes to editors
About the Lloyd's Register Group
1. The
Lloyd's Register Group is an independent risk management
organization that works to help to improve its clients' quality,
safety, environmental and business performance throughout the
world, because life matters. Its expertise and activities cover
railways, shipping, oil and gas, and other asset-based industries.
The Group comprises charities and non-charitable companies, with
the latter supporting the charities in their public benefit
goals.
About Cambridge Systematics, Inc.
2. Cambridge Systematics is a planning, management, and information
technology consulting firm that specializes in transportation.
Cambridge Systematics is dedicated to ensuring that its clients'
investments deliver the best possible results and make
transportation better for future generations. Over its 35-year
history, Cambridge Systematics has been instrumental in promoting
state-of-the-art practice in transportation policy, planning,
investment analysis and performance, and asset management.
For more information, contact
Scott Carlin
Sales and Marketing - Americas
Lloyd's Register Capstone, Inc.
T +1 (1)281 249 8282
E
scott.carlin@kbai.net
1505 Highway 6 South, Suite 275, Houston, TX 77077, USA
www.kbai.net
Lori Malone
Manager - Americas Marine Communications
Lloyd's Register Americas, Inc.
T +1 (1)281 675 3133
E lori.malone@lr.org
1401 Enclave Parkway, Suite 200, Houston, TX 77077, USA
www.lr.org
James Maconochie
Principal
Cambridge Systematics, Inc.
T +1 (1)617 354 0167
E
jmaconochie@camsys.com
100 Cambridge Park Drive, Suite 400, Cambridge, MA 02140
www.camsys.com
Kate Malionek
Marketing Communications Manager
Cambridge Systematics, Inc.
T +1 (1)617 354 0167
E
kmalionek@camsys.com
100 Cambridge Park Drive, Suite 400, Cambridge, MA 02140
www.camsys.com
Arivu™ and KBAI™ are registered trademarks of Knowledge Based
Management, Ltd., a member of the Lloyd's Register Group. Services
are provided by members of the Lloyd's Register Group. Lloyd's
Register, Lloyd's Register EMEA, and Lloyd's Register Asia are
exempt charities under the UK Charities Act 1993.