October 24, 2007—MACTEC’s Facility Lifecycle Group (FLG) has released Vertex 3.0, the latest and most comprehensive version of the company’s flagship facility asset management and investment analysis software product. Vertex 3.0 is the only commercially maintained asset management and investment analysis system based on EMS (Engineered Management System) principles and standards, according to the company.
The EMS approach uses life-cycle degradation curves, based on empirical data correlating observed asset condition with age for different categories of facility components to more accurately predict remaining service life, says MACTEC, an environmental, engineering, construction management, and infrastructure services firm.
Vertex 3.0 uses Web-based technology, which means facility data can be updated and forecasted, and the results can be shared with anyone, anywhere, anytime. With Vertex 3.0, the company explains, organizations can easily associate building sub-systems to a facility and site and this can be configured to meet the specific facility hierarchy of an organization.
In addition, based on the observed asset condition, Vertex 3.0 will calculate an objective EMS- based current Condition Index (CI) for each asset component. It then uses a built-in ‘Asset Design Life’ library to predict asset deterioration over time based on asset specifications, current condition and age.
Vertex 3.0 is an ongoing management tool, not a one-time snapshot, MACTEC adds, explaining that as users complete maintenance, repair and placement activities, Vertex 3.0 is updated and calculates a new Condition Index and deterioration curve to be used in subsequent analyses.
For more information, visit the MACTEC Web site.