Secret Sauce to commercialise enterprise asset management solution

Secret Sauce IP Ventures today announced that it has been granted rights to commercialise a web-based software application that delivers enhanced cost optimisation and life-cycle management for large capital intensive industries such as utilities.

The LCP Optimiser aims to bridge the gap between major financial accounting packages (e.g. SAP) and Computerised Maintenance Management System (CMMS) applications such as IBM’s Maximo, and more closely aligns the allocation of funds to business priorities and objectives.

The LCP Optimiser software was developed by leading consultants to the US energy utilities, in conjunction with Genix Ventures, the providers of an innovative Business Process Management platform that underpins the LCP Optimiser.

Secret Sauce IP Ventures will commercialise the software in Australian and international markets, and will identify suitable distribution partners in those markets.