UMS Group is an international Management Consulting firm specializing in enterprise-level value creation and performance management solutions. We combine experienced consultants and seasoned industry professionals with world class tools and intellectual capital to assist our clients in diagnosing problems, designing solutions, and implementing change.
October 15, 2007
UMS Chosen as Finalist for the IET 2007 Innovation in Engineering Award
Parsippany, NJ – UMS Group announced today it has been named as a finalist in the Asset Management category of the Institution of Engineering and Technology’s 2007 Innovation in Engineering Awards.
The IET is one of the world’s leading professional societies for the engineering and technology community. The IET has more than 150,000 members in 127 countries and has offices in Europe, North America and Asia-Pacific. The Institution provides a global knowledge network to facilitate the exchange of knowledge and ideas and promotes the positive role of Science, Engineering and Technology in the world. The annual IET Innovation in Engineering Awards celebrate the products, technologies and processes that lead the way in engineering innovation. The Asset Management category is organized by the Asset Management Network, the IET’s joint venture with the Institute of Asset Management. The Asset Management category is open to organizations that have demonstrated innovation in the use of Asset Management tools and techniques and has delivered financial or safety benefits. The Asset Management submissions are judged on originality, cost optimization, impact on risk, implementation, impact on employees, integration and asset knowledge.
UMS Group's entry, "EDF Energy Investment Optimization Tool and Process Installation," is one of four entries shortlisted in the Asset Management category. Category winners will be announced at the IET Awards presentation evening and celebration dinner, to be held on Tuesday 13th November 2007 at The Marriott Grosvenor Square, London.
The application abstract can be viewed here.
About
UMS Group
UMS is a leading global
consultancy in the practice of utility asset management,
performance assessment, performance management and
change management. UMS proprietary databases,
analytical tools and methodologies have been utilized by
over 300 gas, water and electric utilities on four
continents to build world-class operations.
About EDF Energy
EDF Energy is one
of the UK’s largest energy companies. They provide power
to a quarter of the UK’s population via our electricity
distribution networks in London, the South East and the
East of England. EDF Energy is a core part of EDF Group,
one of the world’s largest power companies.