SEAMS: Enhancing Asset Investment Decisions

Many asset-rich organizations across the globe are impacted by the rapid aging of their infrastructure that is caused by extreme weather and increasing customer demand. On one hand, they have regulatory and budgetary constraints that stall them from revamping the infrastructure; on the other hand, they are constantly required to improve their service experiences. Therefore, it is clear that businesses have to think differently to get the best value out of their assets and projects. For the purpose of assisting companies to make informed and efficient decisions on their physical, human, and financial assets, SEAMS provides decision support software and analytics services. Founded in 2002, SEAMS emerged from the need for the UK water industry to be able to justify investment decisions to the government regulatory authority. The SEAMS solution was developed after years of research by the specialist departments at Sheffield University and Exeter University.

Over the years, SEAMS has developed and diversified its offerings to satisfy the planning needs of asset-centric companies across sectors including energy, transport, and public. “The drive for better corporate performance and returns sits at the heart of most businesses. Our approach is all about mining the plethora of data available to us and making the most effective use of it to inform the decision-making process,” states Mark Engelhardt, founder and managing director of SEAMS. “This approach to data means that SEAMS can work with clients from the very earliest stages of strategic planning, right through to operational delivery, helping them to draw valuable insights that ultimately help to drive the best performance of their assets,” he adds.

SEAMS helps clients build a proven decision framework to balance investments, risks, and resources through its Enterprise Decision Analytics (EDA) software. EDA combines the power of predictive and prescriptive analytics, modeling, and optimization. By using a single platform (EDA), organizations can manage the end-to-end asset investment planning process. Being a modular platform, the full suite of EDA modules provides the building blocks for asset, portfolio, delivery, and financial modeling.