Atlanta, GA (ots) -
End-To-End System Facilitates Improvements In Transmission And
Distribution Networks While Maintaining Operational Excellence In
Indus International Inc. (NASDAQ: IINT), the leading global
supplier of enterprise asset management (EAM) software and
services(1), today announced its next-generation Indus Energy
Delivery Solution, a collaborative, end-to-end EAM offering designed
to help energy delivery companies meet the growing demands of
restructuring while maintaining system reliability, lowering
operations and maintenance costs, improving customer service levels
and increasing the cost-effective use of assets.
According to industry experts such as the Electric Power Research
Institute(2), more than $45 billion is lost annually due to outages
and another $6.7 billion to power quality disturbances as energy
companies hurriedly expand their transmission networks to catch up
with ever-increasing demand. As a result, preparing and delivering on
planned improvements while maintaining the existing infrastructure
are the highest priorities for energy companies today.
"Success for our customers in this new energy delivery market
requires focused operational strategies that reduce the cost of
energy delivery, while maintaining system reliability and improving
the productivity of the workforce," said Terry Maxey, VP of PassPort
product management at Indus International. "These are exactly the
strategies that the Indus Energy Delivery Solution was created to
support. The solution effectively integrates third-party
applications, incorporates advanced workflow features and includes
mobile computing capabilities. Accordingly, it facilitates
collaboration among our customers' workforce and their vendors,
business partners and customers. This enables Indus customers to
design and construct networks intelligently and maintain them
The Indus Energy Delivery Solution is comprised of Indus'
industry-leading PassPort application tightly complemented by diverse
third-party applications and Indus Vision products. It integrates
offerings from industry partners for GIS and design, CIS/CRM, OMS,
reliability and predictive maintenance, financials and asset
lifecycle management. PassPort's flexible open architecture leverages
powerful technologies, such as Internet portals, open system
exchange, mobile computing and eCommerce to provide a complete
end-to-end solution. The resulting comprehensive Indus Energy
Delivery Solution enables customers to streamline processes, achieve
operational excellence and facilitate continuous improvement in their
existing infrastructure while expanding their transmission and
"Putting together all the pieces of the puzzle for this complex
solution was a major task," said Indus Chairman and CEO Tom Madison.
"Fortunately, Indus has leading worldwide market share in utilities
and more than 25 years of experience in delivering successful
solutions, so we understand what energy companies need. In addition,
our customers and special interest groups contributed significant
input to the overall design of the solution. The unparalleled
capabilities of this solution demonstrate the expertise that has
enabled Indus to garner three times more market share than our
nearest competitor in the utilities industry."
The Indus Energy Delivery Solution supports energy companies in
achieving operational excellence by enabling them to:
- Design networks efficiently. Integration with CRM/CIS systems
and leading design and GIS tools enables users to gather customer
requirements and develop designs, creating versions with cost
estimates for material, labor and property units.
- Construct resourcefully. End-to-end capabilities facilitate
creating work packages and cost estimates with resources, materials
and schedules; scheduling internal and external resources; obtaining
materials and updating and monitoring performance -- all from within
the Energy Delivery Solution.
- Maintain effectively. The Indus Energy Solution improves
responsiveness and productivity with scheduling, resource
optimization and dispatch tools that reduce travel time, increase
wrench time and ensure field maintenance crews are empowered with the
tools required to get the job done.
Achieving Operational Excellence in Energy Delivery
The Indus Energy Delivery solution is already making an impact in
some customers' businesses, including leading energy companies such
as Idaho Power and Omaha Public Power District (OPPD).
"We are really excited about the next generation of the Indus
Energy Delivery Solution, and we believe this will allow us to
further leverage the power of PassPort across the Idaho Power
enterprise," said Colleen Ramsey, Application Manager of Idaho Power.
"The ability to integrate with other applications key to our business
will support our strategic goals to achieve excellence in the energy
business. Idaho Power has been an Indus customer since 1995, and we
use PassPort in both our generation and energy delivery business
Omaha Public Power District is a winner of the J.D. Power and
Associates award as one of the top-rated utilities in terms of
customer satisfaction in its class for the second straight year in
2002. Steve Schmitz, Supervisor of Enterprise Projects at OPPD, said,
"Indus is a key strategic partner of ours, and we depend on their
solutions to facilitate operational excellence at OPPD. Since our
go-live of Release 9 of PassPort, we are realizing the power of the
solution and welcome the continuing innovation and new functionality
that Indus is providing. Our goal is to provide the best value to our
energy customers, and we need to take full advantage of our Indus EAM
solution to achieve that goal."
The Indus Energy Delivery Solution is available immediately
About Indus International
Indus International is the world's only company offering a full
range of asset management solutions that are global across all
industries and scalable to diverse business sizes. Indus is the
market-leading supplier of EAM software and services, according to
ARC Advisory Group's EAM/CMMS Solutions Worldwide Outlook. Indus
software products, professional services and hosted service offerings
improve our clients' profitability by allowing them to better manage
their assets - reducing costs, increasing capacity and
competitiveness and ensuring regulatory compliance. Indus solutions
are used by more than 300'000 end users in more than 40 countries and
diverse industries - including manufacturing, utilities,
telecommunications, government, education, transportation, facilities
and property management, consumer packaged goods and more. For more
information, visit our Website at www.indus.com.
Safe Harbor Statement
Statements in this press release that are not strictly historical,
including but not limited to statements regarding Indus' market
position, customer base and the impact on future financial results,
are ``forward-looking'' statements within the meaning of Section 27A
of the Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended. These statements involve
a high degree of risk and uncertainty, are predictions only and
actual events or results may differ materially from those projected
in such forward-looking statements. Factors that could cause or
contribute to differences include the uncertainty regarding viability
and market acceptance of the Company's products and services, the
ability to complete software development plans in a timely manner,
changes in relationships with third parties, product mix sold by the
Company and other factors described in the Company's most recent
periodic filings with the Securities and Exchange Commission,
including its 2001 Annual Report on Form 10-K filed on April 1, 2002,
and subsequent filings on Form 10-Q.
Indus is a trademark of Indus International Inc. Other company and
product names may be trademarks of the respective companies with
which they are associated.
(1) According to ARC Advisory Group's EAM/CMMS Solutions Worldwide
Outlook (Market Analysis and Forecast Through 2006).
(2) According to "The Cost of Power Disturbances to Industrial &
Digital Economy Companies," EPRI, July 2001.
ots Original Text Service: Indus International