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.
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