Synexus Global has announced that HydroVantage, the risk-based asset management software designed for the hydro power industry, is now available in an ASP Mode.

‘HydroVantage provides utilities with an investment decision support system to evaluate intervention strategies, optimise investment timing and prioritise capital expenditures,’ said Hans de Meel, director of Capital Investment Services at Synexus Global. ‘HydroVantage web-based version will ensure global availability of the HydroVantage model and methodology, continuous update of the model data and world-wide access to equipment failure information.’

HydroVantage web version has been financed by Canarie E-business Program. The goal of this program is to help Canadian industry become more competitive by assisting organisations, especially small and medium sized enterprises, to develop and deploy E- business strategies and applications.

Canarie Inc is a not-for-profit corporation supported by the Federal government, its members, and project partners and funded primarily by Industry Canada. Its mission is to accelerate the development and use of Canada’s advanced Internet by facilitating the widespread adoption of faster, more efficient networks and by stimulating the development of new, next generation products, applications and services.