WEL Networks Selects IFS's AIP platform Copperleaf to Enhance Asset Investment Planning

Core Insights - WEL Networks has selected Copperleaf Decision Analytics to enhance its Asset Investment Planning processes, aiming for improved capital expenditure optimization and alignment with long-term strategic goals, including ESG objectives [1][2]. Group 1: Company Overview - WEL Networks is a leading provider of innovative and sustainable energy solutions and electricity distribution services in New Zealand [1]. - The organization is community-owned and focuses on improving safety, customer experience, cost efficiency, and asset performance for the benefit of its communities [4]. Group 2: Implementation of Copperleaf Solution - The implementation of Copperleaf Decision Analytics will enable WEL Networks to achieve a faster and more efficient planning process, reducing planning cycle time from months to weeks [3]. - The solution will enhance decision-making transparency and allow WEL Networks to assess a broader range of multi-year investment scenarios with greater accuracy [3]. Group 3: Strategic Goals and Benefits - WEL Networks aims to align its critical infrastructure plans with its vision and strategic goals through the Copperleaf solution [2]. - The partnership with Copperleaf is expected to unlock improved capital expenditure management and accelerate the planning cycle, providing insights and traceability for more transparent decision-making [5].