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1898 & Co., part of Burns & McDonnell, the global business, technology and security consultancy, serves fast-moving consumer goods (FMCG) and power transmission and distribution (T&D) firms through its AssetLens AIP solution. AssetLens provides around 150 pre-built risk models for food and consumer markets, and approximately 30 for distribution, transmission and substation assets, to facilitate accurate risk assessments and optimized capital project portfolio creation. Through its industry-leading ESG and climate risk capabilities, AssetLens leverages US National Oceanic and Atmospheric Administration (NOAA) climate data to assess the impact of historical weather on failure predictions, adjusting risk frameworks for robust capital investment planning. AssetLens also features interactive business intelligence (BI)-style dashboards and spatial mapping, allowing stakeholders to comprehend investment plans effectively.
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