Vancouver International Airport Adopts Copperleaf Portfolio for Enhanced Asset Investment Planning
Copperleaf® Technologies Inc. (TSX: CPLF), referred to as “Copperleaf” or the “Company,” has announced that its decision analytics solution has been adopted by Vancouver International Airport (YVR). YVR is Canada’s second-largest airport and the recipient of the 2024 Skytrax award for Best Airport in North America, handling 24.9 million passengers and over 315,000 tonnes of cargo annually, connecting them to global destinations. The airport, British Columbia’s largest building, manages extensive infrastructure that spans its terminal, airfield, and adjacent commercial areas.
In an effort to enhance its capital investment planning, YVR aims to improve the transparency and consistency of its capital evaluation, prioritization, and planning processes. This initiative will allow YVR to better identify where, when, and what to invest in to reduce risks and achieve strategic goals efficiently. Asset management, crucial to YVR’s Strategic Plan, focuses on maintaining assets in good condition, enhancing infrastructure resilience, and optimizing investment value.
To facilitate these objectives, YVR has chosen Copperleaf Portfolio. This tool will empower YVR to create investment plans that optimize resource use, manage risks, and align with both strategic goals and stakeholder expectations. With the implementation of Copperleaf Portfolio, YVR will be able to:
- Consolidate all potential investments in a unified, central system to enhance efficiency and streamline approval processes,
- Recognize, document, and track risk and its evolution over time,
- Evaluate and convey the strategic relevance and value of investments,
- Develop strong, justifiable plans that maximize returns on invested capital.
“We’re thrilled to partner with YVR, a world-class international hub airport which is such an important part of the economic growth story here in British Columbia,” said Paul Sakrzewski, CEO of Copperleaf. “Copperleaf is looking forward to working with YVR to clearly link their ambitious strategic outcomes with capital and resource allocation, and achieve an optimal balance between costs, risks, level of service, and sustainability. A huge thank you to Tamara and the YVR team for putting their trust in Copperleaf. We are proud to welcome them as our first airport client in our growing global community.”
The post Vancouver International Airport Adopts Copperleaf Portfolio for Enhanced Asset Investment Planning appeared first on Travel And Tour World.
Vancouver International Airport Adopts Copperleaf Portfolio for Enhanced Asset Investment Planning
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