Ivara methodology and technology contribute to achieving compliance
BURLINGTON, ON, Sept. 1 /CNW/ - Ivara Corporation, the industry leader
and innovator in asset performance management solutions, today announced that
ScottishPower Energy Wholesale Ltd, a subsidiary of Iberdrola Group,
implemented Ivara(R) EXP Enterprise software and the Ivara Work Smart(R)
methodology to support PAS 55 accreditation. Publicly Available Specification
55 (PAS 55-1:2003 & PAS 55-2:2008) provides a benchmark for optimal management
of physical assets.
PAS 55 is the standard by which regulators are auditing asset management
practices and processes. The standard has been adopted by industry regulators
in the UK as a requirement checklist of demonstrating good governance in asset
management. All electricity and gas distributors in the UK must demonstrate
PAS 55 compliance; railway, water and other sectors are following.
ScottishPower Energy Wholesale chose Ivara's EXP Enterprise reliability and
asset performance management solution for its comprehensive approach to asset
management. Scottish Power is the second power generation company in the world
to achieve certification against the revised 2008 standard.
"It is a major achievement to complete the second stage of verification
allowing Energy Wholesale to become fully accredited to the PAS 55 standard.
The EXP Enterprise Technology contributes to demonstrating compliance with the
clauses of PAS 55" said Paul Parry, Business Transformation Manager,
ScottishPower Energy Wholesale and lead for the PAS 55 accreditation
"We recognized that process safety and asset management play a key role
in preventing significant failure of assets and reducing risk to our people"
said Martin Sedgwick, Head of Asset Management at ScottishPower Energy
Wholesale. "Utilizing Ivara EXP Enterprise for a real-time view of our
operations, and leveraging the Ivara Work Smart methodology, we set and
delivered a strategy for operations and maintenance excellence."
"We congratulate our customer, ScottishPower, on achieving this
significant milestone and are proud to be working with a truly pioneering
organization." said Paul Marshall, Chief Executive Officer of Ivara
Corporation. "This certification reinforces Ivara as the leader in equipment
reliability and asset performance solutions that bring maintenance and
operations together to manage and care for their assets using a proven
About Scottish Power
Scottish Power Limited is a subsidiary of Iberdrola SA. It is an energy
business that provides electricity transmission and distribution services,
supplies more than 5 million electricity and gas services to homes and
businesses across Great Britain (GB), and operates electricity generation, gas
storage facilities and associated energy management activities in the UK and
Ivara is the leader in asset performance management software, Ivara EXP
Enterprise, and services including Ivara RCM2(TM), the leading reliability
strategy development methodology. RCM2 is delivered exclusively by The Aladon
Network, Ivara's global network of reliability experts. Ivara EXP prevents
industrial equipment failure, increases production and lowers costs for better
business performance. EXP transforms data into real-time intelligence and
helps plant and operations management make fast and accurate business
decisions. Customers worldwide, representing a cross section of asset
intensive industries, realize the benefits of EXP every day. For more
information, visit www.ivara.com.
For further information:
For further information: Ivara Contact: Sandra DiMatteo, Director of
Marketing, Ivara Corporation, Tel: (905) 632-8000 ext. 271,