Network Rail owns, operates, and develops Britain’s railway infrastructure which includes 20,000 miles of track, 30,000 bridges, tunnels and viaducts and thousands of signals, level crossings and stations. Over 4.8 million daily journeys are taken and over 600 freight trains run on the network.
Like most railway companies, Network Rail faces asset management challenges brought on by factors like increased customer demand, concerns about carbon emissions, and ageing infrastructure—several of Network Rail’s assets were constructed in the 19th century and require complex maintenance and renewal strategies to keep them in operation. To improve asset management capabilities and maximize efficiencies across its asset base, Network Rail partnered with Copperleaf® to integrate its existing lifecycle cost models into a single system.
Using the Copperleaf Decision Analytics Solution will provide a consistent means to assess the costs, benefits, risks, and performance of every investment under consideration. This allows Network Rail to ensure it is making the best investment decisions and focusing on strategic objectives that maximize benefits to customers.
We were looking for an asset investment planning solution that would enable us to consolidate all our existing models on a single platform and support our ambitious plans for their further development.
Our devolved regions need to be able to evaluate their own investment scenarios to make the best decisions possible, especially when increasingly difficult choices have to be made about where money can be spent.
Strategic asset modeling and investment planning
To improve asset management capabilities and maximize investment effectiveness across its asset base, Network Rail partnered with Copperleaf® to integrate its existing lifecycle cost models into a single system, making the maintenance of these models much easier, and helping the company demonstrate value from investments more accurately.