In a complex world where decision-making is more than challenging, the Cosmo Tech AI-Simulation technology is a major breakthrough in power grid asset management. This is essential in a context where the decentralization of renewable energy, the electrification of transportation, and other factors are increasing the intermittency of generation and creating fluctuating demand. Cosmo Tech AI-Simulation platform provides three levels of understanding: the description of what exists and what is happening, the prediction of possible futures, and finally the prescription of optimization and action paths. By combining these levels, the Cosmo Tech Asset Simulation Twin helps asset-intensive organizations to move from reaction to anticipation with a unique predictive and prescriptive solution for complex, long-term strategic asset investment planning.

The Cosmo Tech AI-Simulation technology makes it possible for our customers to create models based on human knowledge expertise and to take into account all the factors influencing the future behavior of the system. This includes ageing rules, operational and financial aspects, as well as AI simulation offers several benefits for energy companies.

Enhanced Decision-Making

Improve the accuracy and effectiveness of decision-making with data and expert knowledge foundation for decision-making.

Strategic planning

It helps formulate informed and effective plans by simulating various scenarios and analyzing data.

OPEX/CAPEX optimization

AI simulation helps find the optimal balance between operational and capital expenditure by simulating different investment options and considering factors such as maintenance costs and lifecycle analysis.

Negotiation guidance

It provides strategic guidance during negotiations by simulating different volume scenarios and analyzing potential outcomes, assisting in formulating favorable contracts.

Proactive Risk Mitigation

Track, measure, and optimize risk profiles across the asset network while minimizing costs associated with downtime or unexpected failures.

Optimal Resource Allocation

Allocate resources optimally based on actual needs rather than fixed schedules or assumptions.

Increased Safety

Identify potential hazards or safety concerns before they occur in real-world situations.

Overall, AI simulation equips energy companies with tools and insights for better decision-making, improved performance, and long-term success. The interactions between the different entities of the system. The simulation generates scenarios that help asset managers assess default risks, evaluate different combinations of maintenance and renewal operations, and quantify the associated gains and costs. This makes it easier to prioritize investments and expenses. One of the main advantages of this technology is to be able to create trajectories of the direct costs of renewal policies and programs, while assessing and quantifying the "cost of doing nothing". For our customers who have already adopted this approach, their strategic decisions have become faster, more accurate and robust, ensuring smooth operation and safety of electrical systems while achieving significant million euros in potential cost savings.

"With AI becoming mainstream in enterprises, organizations must differentiate by implementing simulation platforms that integrate advanced analytics and realign their teams with a cognitive science focus. IT leaders who modernize AI practices will capture more value from AI investments." – Gartner

Asset Investment Planning Simulation and Optimization for Energy & Utilities | SaaSCosmo Tech

Asset Investment Planning Simulation and Optimization for Energy & Utilities | SaaS

Cosmo Tech

Asset Investment Planning Simulation and Optimization for Energy & Utilities | SaaS

Cosmo Tech

Asset Investment Planning Simulation and Optimization for Energy & Utilities | SaaS
Cosmo Tech