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British Computer Society MeetingGuest speaker Luke Fielder, NSC LtdWednesday 14 January 2004,18:30 buffet, 19.00 speaker Robert Recorde Room, Department of Computer Science Faraday Building, University of Wales, Swansea INVESTOR is focused on knowledge transfer of "best practice" Whole Life Costing and asset management techniques cross sector. It is sponsored by the DTI and has resulted in a tool set that has been employed to model both rail and water treatment assets. INVESTOR uses Monte-Carlo simulation techniques to predict asset failure and calculate business interruption costs. A feedback loop enables model correction and, ultimately, learning by comparing predictions with actual data. INVESTOR has been developed by a core collaboration led by Halliburton KBR which includes: Kalido - experts in Data Management Systems who have developed a leading 2nd generation data warehouse application; AMCL - specialists in asset management; NSC - specialising in advanced modelling and simulation techniques. Under the DTI ICT Carrier Programme, the collaboration team has partnered with asset manufacturers and asset owners to develop INVESTOR as a means of understanding and communicating asset behaviour in situ. The talk will outline the three fundamental parts making up the architecture of INVESTOR: the Kalido data warehouse, the simulation engine and visualisation of results. Speaker web site www.nsc.co.uk |
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