Cosmo Tech COSMO TECH ASSET Master your asset investment strategies and plan with confidence Case study How an international car manufacturer built an optimal OPEX/CAPEX asset investment plan to replace and renew obsolete equipment and control risk exposure. MORE ABOUT THIS CASE STUDY Simulation-driven strategic asset management Cosmo Tech Asset is cloud-based solution empowering asset managers to make strategic investment decisions for short, medium, and long term operations. Our Simulation Digital Twins enable leaders to make the right investment for the right assets at the right time, by simulating various operational and strategic asset management scenarios in the manufacturing, energy, utility, and mobility sectors. Simulation Digital Twins for Strategic Asset Management Easily create a Digital Twin of your network: a dynamic replica of all operational systems, including physical assets, constraints, process and strategies, human resources, and regulatory limits. Run unlimited what-if simulations to evaluate all assets across different timeframes, manipulating key areas like budgets, criticality of assets, degradation models, maintenance frequencies, site changes, and laws. Reduce risks with optimal asset investment plans Assets have complex hierarchies, interactions, and dynamics. Spreadsheets and older tools can fail to grasp this complexity, introducing risk into decision-making. Cosmo Tech is designed for complexity, with network modeling, simulation, and risk measurement at both the asset and system level. Identify impactful interconnections and instill confidence in your decisions for optimal asset renewal plans and investment plans for the short, medium, and long term. Maximize return on investment with robust planning Aging infrastructure, regulatory compliance, sustainability and uncertain demand; organizations are facing increased pressure to prioritize investment with limited funds and plan for the future. With Cosmo Tech Asset, balance costs, risk and performance over the lifecycle of an asset and maximize its performance and value. Deliver value from real-world constraints Your assets, systems, people, and processes have finite capabilities. Challenge your current maintenance strategies to uncover maintenance performance optimization. Our solution leverages simulation and optimization technologies to model the impact of various constraints to recommend operational & strategic investment plans. Align with best practices for asset management (e.g. ISO 55000). Transform your data into actionable insights Many asset-intensive organizations struggle to efficiently manage asset-related data and forecast long-term asset needs. Cosmo Tech Asset can precisely model the individual behavior of each asset while taking into account the interactions and interdependencies between assets as well as their impacts on the overall infrastructure and enable decision makers to make real, fact-based decisions Use cases for Cosmo Tech Asset Asset Business Plan Optimize operational efficiency, strategic planning, asset management, and asset performance. Assure short-term operational efficiency as well as long-term robustness and reliability. DISCOVER THE USE CASE Asset Obsolescence Management Build an optimal OPEX/CAPEX asset investment plan to replace and renew obsolete equipment and control risk exposure. Include real-world constraints, understand their impact and bridge the gap between operational and financial views to identify the right strategy. DISCOVER THE USE CASE Asset Investment Planning Visualize cascading effects of your decisions and unlock the hidden value across your network to deliver an asset investment planning strategy that balances OPEX, CAPEX, and risk. DISCOVER THE USE CASE NEVER STOP LEARNING EBOOKS White Paper: Simulation Digital Twins, IoT, and the Cloud: The New Nexus of Value Creation Where will you find the world’s most innovative, successful, and sustainable organizations? Right at the nexus of IoT technologies, cloud computing power, and Simulation Digital Twins. LEARN MORE VIDEO [Video] Traditional vs Resilient Supply Chain Planning: Which side are you on? Cosmo Tech and Microsoft present insights on how digital twins and cloud computing investments allow manufacturers to build and scale resilient supply chains. LEARN MORE ARTICLES Renault Transforms Asset Obsolescence Management with Cosmo Tech Digital Twins Digital twins have the potential to generate an enormous ROI and positively impact the bottom line rapidly. Here’s how Renault cut their planned spend by millions of euros. LEARN MORE Go to our resources center We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of all the cookies. Accept All Contact an expert Ready to get started or just want to learn more? Reach out to the Cosmo Tech team to discuss your project today. By checking this box, I agree that the personal information communicated above is collected by Cosmo Tech and processed for the following purpose:Response to request sent via the contact form on the website. I agree. 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