Capital Planning Software with Asset Lifecycle Prediction Modeling
Our world-class capital planning software models various funding scenarios, using data analytics to prove your case for funding and improving your strategic asset management.
How Predictor can help you
Predictor is the most powerful strategic asset management solution on the market. Our capital planning software uses predictive modeling and analyzes big data to model long-term funding and service scenarios. Show the impact of decision making across various criteria and asset types, including assets, asset classes, facilities, and infrastructure, powerfully displayed through tailored dashboards and reports that can be shared with a single click. Justify funding requirements and communicate compelling data-driven stories to unite business users at all levels of your organization.
Leverage industry-specific algorithms and condition-based degradation profiles to maximize the long-term state of your asset portfolio.
Protect your assets by creating powerful and easily digestible visuals to show leaders the long-term impact of funding.
Model funding scenarios and compare the impact they will have on your organization’s assets and infrastructure health.
Tailor our software to handle capital project planning and strategic asset management your way, including leveraging data from multiple sources.
Balance the needs of your community with funding requirements and asset health to make smarter decisions.
Use our analytics platform to plan for a brighter future, using big data to give insight up to 100 years into the future.
Use Cloud-Based Capital Planning Software to Manage & Improve Assets
What makes Predictor the best capital planning tool on the market? You get the best in data-driven insights, robust reporting and more in one powerful solution that aligns your organization for better operations.
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Predict Asset and System Health
Apply service-based lifecycle degradation paths and proven proprietary algorithms at the component, asset, asset type or asset class level. Enable accurate forecasting of the health of your entire project portfolio. Monitor the effects of maintenance and preventive maintenance on your assets.
- Extend asset life
- Predict the future of asset health
- Strategize maintenance plans for higher impact
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Comparison Reporting and Scenario Modeling
Forecast changes to the future condition and service levels of every asset in your portfolio given decreased, fixed or increased funding. Make well inform capital investment decisions that maximize asset health with accurate scenario modeling across treatment types, intervention points, funding levels required and more.
- Inform and align stakeholders on critical asset funding
- See the true impact of funding scenarios
- Create models that align with your organizational vision
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Cloud-Based and All in One Place
Predictor is a cloud-based strategic asset management solution that allows you to navigate, predict and share insights proven to enhance your asset game.
- Instantly view the results of funding scenarios
- Access all your data from anywhere
- Share your funding requests across departments or facilities
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Access Live Data and Reporting
Improve efficiency exponentially by sharing accurate, digestible and up-to-date asset management reporting outputs—no training or software installation required.
- Review easily digestible data
- Tell a better story to stakeholders
- Visualize long-term funding with ease
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Leverage GIS Capability with Work Planner
Work Planner brings together all optimized outputs from Predictor to give you greater visibility into all potential outcomes—so you can plan for the best while preparing for any surprises. Get interactive mapping capabilities built into your forecasting plans for dynamic results.
- Create powerful visuals with a user-friendly interface
- Share interactive map data with stakeholders
- Bundle projects across funding sources
Predictor was designed to meet any public sector organization’s capital planning needs with an intuitive interface, robust visuals and scenario building to maximize any budget type.
Governments are responsible for complex asset portfolios. You need credible, defendable data to justify funding allocation, including stimulus, and future funding requirements. Legislative and industry pressures to report on the fair value of assets rather than the historical cost in asset depreciation are changing the game. Many of your assets are rapidly approaching, or may already be beyond, the end of life. How do you balance asset health, capital and maintenance activity, service delivery and stay in budget?
Get the funding your government body needs to protect assets for its community. Sound simple? With Predictor, it can be. Build sophisticated strategies and tell simple yet compelling stories, backed by data, that will resonate with stakeholders. By modeling long-term funding and service scenarios, you can show the impact of decision making and funding scenarios on your government infrastructure and assets. Create a brighter future and do more for your community when you use Predictor for your government capital planning!
In education, your number one asset is your students. To provide the best learning opportunities and attract new students, you need to not only maintain your assets but also manage renovations and new construction. Building state-of-the-art research facilities, residence halls and other campus buildings can go a long way in attracting new students. How do you maintain and improve your educational facilities with unreliable state appropriations and strict budget requirements?
Make every dollar count and build toward a brighter future for students and faculty alike with Predictor. Shift to a service-driven approach with data-driven strategies that inform investment decision makers of the impact of their decisions. Click and share succinct, powerful reports with stakeholders across departments. Invest your well-deserved funding into upgrades and repairs that not only make financial sense but that will help attract new students to your educational institution.
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Capital Planning Software FAQs
What is capital planning?
Capital planning goes by many names, including asset invest planning, strategic asset management, capital improvement planning and more. Capital planning is the process of budget allocation across facilities to plan for growth and preservation of facilities and infrastructure. Usually reserved for data analysts, capital planning is becoming an increasingly important aspect of operational leaders’ scope as they aim to preserve their asset portfolio.
What is capital planning software?
Capital planning software allows facilities executives to allocate budgets and request funding based on facility and asset condition and organizational needs, using forecasting and modeling designed to interpret future capital expenditures. Using historical data and leveraging from the world’s largest operational database, capital planning software from Brightly gives you confidence you are directing funding to the right places.
Why do you need capital planning software?
Capital planning software uses algorithms that can analyze large data sets quickly to provide insights into otherwise stagnant data. These solutions are necessary to reduce planning time and improve accuracy on forecasting budgets for future cycles. As infrastructure and facilities age, it’s important you get the most out of every dollar to maintain optimal performance.
Who can benefit from capital planning software?
Public institutions, including schools and local governments, benefit greatly from using capital planning software. In a world where raising money for capital projects can be a challenge and where your portfolio is only getting older by the day, every decision you make today is crucial. Using predictive analytics tools like Predictor can offer glimpses into the future and ensure the path you’re traveling leads to success.
What should I look for in a capital planning software solution?
The right capital planning software provides prediction modeling on various levels, including asset type or component, all while providing visualizations that make information easy to digest. Furthermore, you should look for comparison reporting to be able to show the impact of various funding scenarios. Last, look for a solution that is cloud-based and features live data and reporting, like Predictor!
Capital planning resources
Related Resources
Why Strategic Asset Management
Strategic Asset Management Framework
Q&A Series: What Is Strategic Asset Management?
3 minutes
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