This 4 day sprint is taking place online and in person at Northern Design Centre Gateshead, NE8 3DF
How can we understand the health of our assets to make better, more sustainable operational and investment decisions and ensure we leave a positive legacy for future generations without bankrupting the current one
NWG has a vast, complex and diverse asset base (valued at £26bn) Spread across a wide geographical area. Our assets are the vital skeleton, tendons muscles and organs which allow us to deliver customer service, shareholder value and allow us to improve the environment - our performance is good at the moment - do we have enough knowledge to predict future risks?
Our focus on reducing customer bill makes justification of long term investment decisions challenging. How can we create an environment where we understand asset health (wellness, fitness and life expectancy) in real time across our entire asset base in an affordable way - then provide this information to our stakeholders and decision makers to ensure that we invest in the right things at the right time and in the right way.
Our sprint will tackle these challenges, examine current and emerging technologies and influence our future asset health strategy.