Pillar Systems
Pillar Systems Inc.
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Asset Management Technology

Pillar Systems’ Asset Management Technology


We have developed an Asset Management Optimization Model that integrates with our Asset Management Database. The data and analysis are generic for all “Asset Classes”, including roads, sidewalks, bridges, airports, marine structures, culverts, pipelines, treatment facilities, buildings, and equipment. This allows the Optimization Model to integrate and balance the short and long-term capital renewal budgets across all asset groups.  Through condition assessments and optimization modeling, what typically takes municipalities years of trial and error in developing the optimal maintenance and capital works program, we can accomplish in a few months. This is equivalent to “money in the bank” for the municipalities we serve.


The figure (left) summarizes the key aspects of each piece of software and how they relate to each other to provide the optimal asset management program for our clients.

Asset Management Database


Lifecycle Optimization Model

Our lifecycle optimization modeling process is based on the following:

  • Input condition data from the Asset Management Database
  • Each simulation year, computes the following:
    • Assembles treatment options for the governing condition state
    • Applies treatment mitigation for each option
    • Applies one-year deterioration, based on Markovian probabilistic modeling
  • Next simulation year repeats process for each treatment option
  • At the end of the simulation period, the model assembles the connecting treatment options and selects the treatment strategy that “Minimizes Cost and Maximizes Performance” over the infrastructure lifecycle
  • The optimal works program is returned to the Asset Management Database


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Pillar Systems Inc.

23 Westerra Close

Stony Plain, Alberta, Canada, T7Z 2W1


Gordon Molnar, M.A.Sc., P.Eng.

President

Linkedin:External link opens in new tab or windowhttp://ca.linkedin.com/pub/gordon-molnar/3a/16/a36?trk=shareTw

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