VANCOUVER, BC, Jan. 24,
2024 /CNW/
- Copperleaf® Technologies Inc. (TSX: CPLF)
("Copperleaf" or the "Company") announces the selection of its
decision analytics solution by Scottish Water, the publicly-owned
water supplier serving 2.6 million households and 159,000
businesses in Scotland. Scottish
Water is the ninth UK water company to join the growing Copperleaf
Community.
Scottish Water sought an Asset Investment Planning solution as
part of their wider Enterprise Asset Management transformation to
support its SR21 investment period and long-term transformation
program. The organization needed a solution that could enhance
strategic business and investment planning to maximize the value of
its capital investment program and operational activities.
Scottish Water selected the Copperleaf H2O Solution, a
pre-configured implementation of Copperleaf
Portfolio™ for UK water companies, to enhance its asset
management capabilities, optimize portfolio planning, and manage
risk and value more effectively.
In conjunction with BPD Zenith's fully hosted MaxiCloud
solution, Copperleaf will enable Scottish Water to align decision
making with strategic goals, rapidly analyze multiple scenarios to
identify the ideal plan, and develop long-term asset strategies in
one centralized system.
"We're excited to collaborate with Copperleaf to implement their
investment planning solution. The system will play a key part in
enabling Scottish Water's ambitious asset management aspirations
and our commitment to delivering the best value for the customers
and communities we serve," said John
Wigham, Senior Responsible Officer at Scottish Water.
"Our UK water clients have seen great success using the
Copperleaf solution, and we are delighted to have Scottish Water
join our growing community," said Edward
Clark, Copperleaf's Regional Director for Northern Europe. "Copperleaf H2O will give
Scottish Water the confidence it needs to plan and execute the
optimal investments throughout SR21 and implement asset management
best practices across the organization."
"The Copperleaf H2O Solution is designed specifically to help
companies like Scottish Water manage ambitious targets, regulatory
demands, and asset risk to make the highest-value investment
decisions," added Stefan Sadnicki,
Managing Director for Copperleaf in Europe, Middle
East, and Africa (EMEA).
"Our solution will empower Scottish Water to maximize the value of
its portfolios during the SR21 investment period and beyond."
Forward-Looking
Statements
This press release may contain "forward-looking information" and
"forward-looking statements" (collectively, "forward-looking
information") within the meaning of applicable securities laws in
Canada, including, without
limitation, statements with respect to our expectations, plans or
future opportunities. Forward-looking information is necessarily
based on a number of opinions, estimates and assumptions that we
consider appropriate and reasonable on the date such statements are
made, but which are subject to known and unknown risks,
uncertainties, assumptions and other factors that may cause actual
results, level of activity, performance or achievements will be
materially different from those expressed or implied by such
forward-looking information, including, but not limited to, the
risk factors described in our 2023 Annual Information Form ("AIF")
under "Risk Factors. Accordingly, readers should not place undue
reliance on forward-looking information.
Except as required by securities disclosure laws and regulations
applicable to the Company, the Company undertakes no obligation to
update this forward-looking information if the Company's
expectations regarding future events change, or actual results
differ from the expectations expressed in this press release.
About Scottish Water
Scottish Water is a statutory corporation providing water and
sewerage services across Scotland.
The organization, owned by the Scottish public, delivers nearly
1.51 billion liters of water every day to millions of households
and businesses and treats a further 1.07 billion liters of
wastewater. Scottish Water is committed to providing great value,
excellent customer service, and industry-leading net zero
initiatives.
About Copperleaf
Copperleaf (TSX:CPLF) provides enterprise decision analytics
software solutions to companies managing critical infrastructure.
We leverage operational and financial data to empower our clients
to make investment decisions that deliver the highest business
value. What sets us apart is our industry-leading products and our
commitment to providing extraordinary experiences, shaped by people
who care deeply and partnerships that stand the test of time.
Copperleaf is actively involved in shaping and implementing global
industry standards and sustainability principles through our
participation in the United Nations Global Compact, the Institute
of Asset Management, and other organizations. Headquartered in
Vancouver, Canada, our solutions
are distributed and supported by regional staff and partners
worldwide. Together, we are transforming how the world sees
value.
Source: Copperleaf Technologies Inc. CPLF-IR
SOURCE Copperleaf Technologies Inc.