Oracle teams up with Exor to help companies manage transportation assets
Oracle Corp. has teamed with Exor Corp. to develop enhanced linear asset management capabilities for multiple industries, including transportation, local and state government, utilities and energy. By integrating Oracle Enterprise Asset Management with Exor, organizations will be able to manage all aspects of linear assets -- highways, pipelines, railway tracks, transmission lines and cables -- that historically have presented numerous challenges because of their distributed and networked characteristics.
The combined Oracle and Exor offering will provide continuous variable definition and segmentation of linear assets. Organizations may model their network of assets -- for example, state highways or railway tracks -- using spatial technology and by using GIS systems. The highways are represented as linear assets on the network. Other assets, such as signs, traffic lights and bridges, are also modeled in the network as non-linear assets. This network can then be managed and maintained by using the Exor and Oracle Enterprise Asset Management offering to perform comprehensive, real-time maintenance work, resource dispatching for inspection and cost and budget analysis.
The combined Oracle and Exor offering will enable the following features:
* Linear asset modeling, which helps companies define and locate asset networks, organize assets into multiple linear networks and understand the relationship between an individual asset and the networks, capture unlimited data points for linear assets as well as networks and graphically display the data using a geographic maps and schematics.
* Work execution management for linear assets, which enables companies to plan and execute maintenance work for linear assets by providing real-time visibility of the entire asset network – helping to ensure the right parts and the right people are sent to the right location.
* Cost allocation and analytics for linear assets, which enables companies to manage and analyze costs for linear assets. These analytics also provide modeling and data management capabilities for advanced analytics such as dynamic segmentation, which helps companies identify the sections of linear assets (e.g., segments of a highway) that are the most expensive to maintain or have incurred the most problems.
