Riva Modeling Systems and Vesta Partner to Deliver Long-Term Asset Planning Solutions

By CIOReview | Monday, July 20, 2015

TORONTO, ON: Riva Modeling, a provider of software applications for long-term asset management, and Vesta, the Asset Management consulting firm enters a partnership to deliver comprehensive long-term asset planning solutions to asset intensive organizations across the world.

The alliance envisions revamping the businesses approach towards asset management by addressing key challenges faced by the industry. To achieve the desired results, the partnership combines Vesta’s expertise with the computing power of RivaAMP application and SAP Project Portfolio Management.

“Vesta not only understands the SAP products within the asset management space, but deeply understands the fundamentals and best practices in this critical area,” states Rob Corazzola, Vice President Global Sales, Riva Modeling Systems.

In accordance with the SAP platform, Vesta will serve as a global reseller of Riva, develop and implement the Riva suite of applications. Power, gas, electric, water, public sector, transportation and rail are industries listed to benefit from the solution extended through the partnership.

“By partnering with Riva Modeling, we are able to use the Riva solution with SAP PPM to help clients address growing requirements for a long-term asset planning process that integrates the asset register, asset health and the project portfolio,” says Len Harms, Chief Strategy Officer, Vesta Partners.