Likelihood of Failure x
Consequence of Failure =
Business Risk Exposure

The Fracta solution is a cloud-based software application that can be connected to important software applications used by water utilities, including Enterprise Asset Management (EAM), Computerized Maintenance Management Systems (CMMS) and Hydraulic Modeling.

Fracta can complete Likelihood of Failure (LOF), Consequence of Failure (COF) and Business Risk Exposure (BRE) assessments for an entire water main distribution system in 4-8 weeks. The results are delivered in a Software as a Solution (SaaS) system and visualized using dynamic graphs and charts. New data can be uploaded and modeled several times per year, enabling a dynamic, near real-time assessment of the system.

Likelihood of Failure (LOF)
Fracta implements this cutting-edge technology to calculate and visualize the LOF for every water main across your infrastructure. The LOF score represents the mathematical probability of water main failure, leveraging existing data and hundreds of variables. LOF enables utilities to make better water main replacement decisions. Fracta LOF provides an objective, big data-driven method that is faster, more accurate and more affordable than other desktop and physical condition assessment methods.
Consequence of Failure (COF)
In addition to LOF, Fracta offers the COF assessment. COF is a software application that determines the consequences, or severity, of failure and quantifies the direct and indirect dollar costs of water main failures, using a Triple Bottom Line (TBL) monetized approach. COF brings monetized risk into a utility’s toolkit, removing subjectivity from difficult decision making.
LOF x COF = (BRE) Business Risk Exposure
LOF and COF are used in the BRE formula: LOF (%) x COF ($) = BRE ($). Fracta calculates a utility’s BRE in terms of direct and indirect costs. This approach gives an objective criticality score for the entire water distribution system. This score translates the results into financial terms water engineers, planners and finance professionals use to make decisions about buried water main infrastructure.
Job Planner
Fracta Job Planner empowers a utility to create asset management plans that fit its unique circumstances. A plan is comprised of groups of projects chosen from a library of project scenarios. Critical information such as total risk reduction, risk reduction efficiency, project cost, and return on investment are available to compare, improve, and track the risk reduction and cost benefits of each plan. The cost settings associated with water main projects are flexible to fit any planned action, whether it is a replacement, rehabilitation, proactive leak detection, or physical condition assessments.

"Fracta was an efficient and effective company to work with. They were able to use the city's GIS data without any time required by city personnel for interpretation or analysis work. They provided a compelling result, showing what their company can do for future planning of water pipeline replacement. They are a state-of-the-art company in the rapidly evolving area of water main replacement prioritization that could help improve the City's planning process."

- City of San Diego Consultant Performance Evaluation