Copperleaf® Technologies Inc. (“Copperleaf” or the “Company”) announces the selection of its decision analytics solution by Vancouver International Airport (YVR). As Canada’s second largest airport and winner of the Skytrax award for Best Airport in North America in 2024, YVR connects 24.9 million passengers and more than 315,000 tonnes of cargo annually to destinations around the world. The airport terminal is B.C.’s largest building with infrastructure that extends to the airfield and surrounding commercial facilities.
To support its near- and long-term strategic objectives, YVR recognized an opportunity to improve its capital investment planning process. Through a more consistent and transparent capital evaluation, prioritization, and planning process, YVR will better understand where, when, and what to invest in to mitigate risk and achieve its strategic goals in the most cost-effective manner. A key component of YVR’s Strategic Plan is related to asset management—ensuring assets are in a state of good repair, improving the resilience of infrastructure, and maximizing the value of investments.
YVR selected Copperleaf Portfolio™ to support this mandate and enable the organization to develop investment plans that optimize resources, mitigate risk, and meet strategic objectives and stakeholder expectations.
“We continually look to leverage new and innovative ways to strengthen our role as a diverse global hub while aligning YVR to the future growth and needs of British Columbia,” said Tamara Vrooman, President & CEO at YVR. “This includes creating investment plans for our airport infrastructure and land assets that reduce risk, while providing the highest value from our infrastructure renewal funding. I am confident our team will benefit from Copperleaf’s dynamic solution and look forward to our work together.”
The implementation of Copperleaf Portfolio will provide YVR with the ability to:
- capture and manage all candidate investments in a single, centralized system for greater efficiency and streamlined approvals
- identify, capture, and measure risk and how risk changes over time
- compare and communicate the value and strategic alignment of investments
- build robust, defensible plans that maximize return 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 and congratulate them on winning the Skytrax award for Best Airport in North America in 2024!”
