The demands placed on infrastructure are becoming more critical and complex. Trends in decarbonization, electrification, and environmental mitigation require infrastructure portfolios to deliver newly-defined value while maintaining performance expectations, all of which require deep insight into assets and business. Our asset management assessors work with our engineers, economists, and statisticians to deliver data-driven, asset-based insights to optimize operational and investment decisions catered to your business.
We specialize in developing customized asset analytics, forecasting & failure analysis, project scoping & evaluation, and maintenance strategies unique to each client’s capital and maintenance investment planning needs.
We provide value to your organization by contouring, scaling, and right-sizing our approach to your needs. We can provide this value to you at every stage of your Asset Management & Performance journey, at your own pace. Our frameworks have an excellent record in regulatory proceedings and will support your continuous improvement initiatives.
10+ Years Asset Management Industry Leader
150+ Customized Solutions and Satisfied Clients
35+ North American Jurisdictions
Critical to any infrastructure asset management program, having a consistent approach for assessing your assets that works for your organization. At METSCO, we provide a broad range of asset analytics services that scale to our clients needs and level of complexity. We pioneered Health Index and Asset Condition Assessment frameworks and are on the cutting edge of developing and implementing life-cycle risk-based asset analytics. Whether you’re looking for support with an age-based or condition-based assessment program, or looking to implement a risk-based framework, our range of asset analytics expertise means we’re able to configure the right services for your needs.
Real-time data provide opportunities for more sophisticated asset performance management. Our experts can help you set up your online condition monitoring programs and our multi-disciplinary teams develop models capable of processing online condition data into actionable insights. We provide you with the defensible investment recommendations you need to support your short-term and long-term plans.
We understand how analysis of past data can be used to generate useful predictions of future trends. Our team develops predictive solutions and forward-looking insights to forecast otherwise tough to quantify elements such as system loading, risk, reliability, and expenditure requirements. Our experts have developed sophisticated forecasting methodology and failure analysis frameworks which we customize to predict outcomes specific to your organization and market challenges.
We leverage knowledge of industry trends like consumption pattern changes, increased electrification, regulatory impacts, and emerging technologies to forecast their behaviour for you in a manner that can be seamlessly integrated within your system planning.
We provide our clients with the inputs they need to make optimal decisions and effectively plan for future system reliability, capacity, and resiliency. We provide guidance for your organization to develop internal processes that will streamline and quantify how projects are prioritized. We balance the quantified risk within your system against the investments necessary to mitigate it, to inform vital processes including asset replacement plans and value frameworks.
We review and analyze the current state at which our clients maintain their assets. This combined with our industry experience, knowledge of peer practices, and access to subject matter experts allows us to identify opportunities to optimize your maintenance strategy. We work as an extension of your team with a shared goal of achieving your performance targets.
We work with you to develop a maintenance strategy that will minimize your repair costs and downtime while providing a safe and healthy environment that ensures public and employee comfort. To achieve this , we focus on the details of Reliability Centered Maintenance (RCM) development, Reliability, Availability, and Maintainability analysis (R.A.M.), Spares Strategy optimization, and organization of maintenance data into your Computerized Maintenance Management System (CMMS).
Meet the team of industry veterans and passionate young minds that make METSCO’s out-of-the-box thinking possible.
Hybridizing top-down and bottom-up forecasting techniques to predict impacts of the energy transitionRead More
EPCOR wanted to gain a better understanding of its distribution assets’ lifespans, predicting when they might fail and the potential cost implications to put appropriate capital investment plans in place. METSCO’s expert asset management team came on board to help the Edmonton utility provider not only evaluate the current state of its assets, but also use an innovative risk methodology to establish a reliability projection for the next 10 years that would help EPCOR to continue serving its Albertan community.Read More
A large Northern generation, transmission & distribution utility needed to develop a right-sized asset management (AM) framework which consisted of collecting data, developing processes and frameworks and documenting asset plans to efficiently optimize their capital and O&M asset strategies.Read More
Underground cables introduce greater risks and complexities versus other distribution assets, due to the limited ability to visually inspect cables, along with the high cost to replace these assets when they reach end-of-life. Recognizing the importance for utilities to be able to proactively forecast when underground cable will fail and when replacements must take place, CEATI wanted to develop a guide for instructing utilities how to derive failure probability functions for underground cables leveraging their own available data.Read More