Black & Veatch, Rezatec Partners for Enhancing Management of Utility Infrastructure

Black & Veatch has announced a strategic partnership with Rezatec to collaboratively develop decision support tools that enable owners and operators of infrastructure assets to make intelligent, business critical decisions using geospatial analytics.

“Rezatec’s ability to analyse earth observation data brings a new perspective to the management of large infrastructure assets. We are excited to collaborate and use our expertise in the engineering, delivery and management of critical human infrastructure to develop decision support tools that provide highly valuable and actionable insights for our clients,” said Mark Malcolm, Director of Delivery, Black & Veatch Europe.

Rezatec applies data science, through sophisticated AI-driven analytics, to satellite-derived geospatial data to enable clients owning and operating distributed land-based assets make more accurate decisions. Rezatec’s data services enable improved margins, enhanced competitive advantage and optimised asset management.

“Through Black & Veatch’s experience and insights in the engineering and delivery of utility infrastructure and our algorithms and advanced machine learning techniques, we are able to unlock the value in satellite-derived geospatial data to deliver strategic, commercial and actionable insight for our customers,” says Philip Briscoe, Chief Operating Officer, Rezatec.

At a time when utilities are looking to the supply chain for innovation, the Rezatec partnership is the latest in a number of strategic collaborations between Black & Veatch Europe and digital technology and artificial intelligence companies. The intention is to reduce client risk by identifying the technologies which offer real-world benefits and speed-to-value, then ensuring implementation is delivered by teams with proven knowledge of water and power engineering.

Black & Veatch Europe’s ECO-X cloud-based digital ecosystem enables integration with partners like Rezatec to provide digitally enabled asset management tools that are readily interoperable with utility clients’ IT systems.