ATLANTA, May 23, 2017 -- PowerPlan, the leading provider of asset investment planning software, is pleased to announce that its Asset Management Planning Suite (AMP) will assist Transpower New Zealand as part of its ongoing effort to reduce costs while evolving its services.
With 12,000 km of transmission lines and more than 170 substations, Transpower – the state-owned enterprise responsible for electric power transmission in New Zealand – needed a way to better prioritize, optimize and improve the management of its asset portfolio investments. PowerPlan’s AMP will greatly assist to streamline its planning capability to ensure consistent decision-making that balances risk, service levels and investment with strategic corporate objectives.
“We needed a solution that would align us with strategic priority of improving our asset management,” said Stephen Jay, General Manager, Grid Development, Transpower. “We looked to the market to see what could help us, and firmly believe that our selection will achieve this alignment and make decisions that create transparent, repeatable processes to balance asset performance, cost and risk.”
“PowerPlan is pleased with Transpower’s decision to select our industry leading AMP solution to help them achieve their asset management goals. We see this as a partnership, and look forward to learning as much from their journey, as they will from our global experience," said Rob Corazzola, PowerPlan’s VP Global Business Development.
About PowerPlan
PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email [email protected] or visit www.powerplan.com.
For more information, contact: Joy Schmidt 678.202.1694 [email protected]


Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Instagram Outage Disrupts Thousands of U.S. Users
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Washington Post Publisher Will Lewis Steps Down After Layoffs
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 



