Modelve offers a cloud-based platform for organizations to create digital asset management plans and conduct strategic scenario modeling. It integrates climate impacts, risk, and reliability data to optimize long-term financial planning and asset performance.
Funding
Funding not disclosed
Founders
Product
Problem
Organizations managing physical assets face challenges in developing comprehensive, long-term investment plans that account for evolving factors like climate change and operational risks. Traditional methods often struggle to integrate diverse data streams, generate multiple future scenarios, and translate complex analyses into actionable insights for financial planning and stakeholder communication.
Solution
Modelve provides a cloud-based platform designed to streamline the creation of digital asset management plans and facilitate strategic modeling for facilities and infrastructure. The system enables users to generate and analyze multiple future scenarios, incorporating variables such as climate impacts, risk factors, and reliability metrics. By simplifying complex data into clear, visual outputs, Modelve supports efficient financial planning, optimizes long-term asset performance, and enhances community and elected official engagement. The platform aims to reduce implementation time and free up staff resources for core asset management activities.
Target Audience
Primary customers include government entities, transportation authorities, facility managers, and strata corporations responsible for managing significant physical assets and requiring robust long-term financial and investment planning.
Features
- Cloud-based platform for generating Asset Management Plans (AMPs) and long-term financial plans.
- AI-seeded templates compliant with frameworks like IPWEA and GFOA for AMP creation.
- Scenario modeling capabilities that integrate climate impacts, risk, and reliability data.
- Hierarchical and cross-category modeling for comprehensive asset analysis.
- Utilizes advanced algorithms including greedy, linear programming, and simulated annealing for optimization.
- Supports multiple modeling trial runs for sensitivity analysis.
- Data slicing and segmentation tools for granular analysis.
- Advanced reporting with cross-category and cross-model dashboards, including hierarchical rollups.
- Work priority reporting and sensitivity analysis of result distributions.
- Interactive dashboards and AMPs designed for community and elected member engagement.
- APIs for integration and regular software enhancements and patching.
- 24/7 support via knowledge base and fast-track resources for Severity 1 issues.