Transforming capital projects for improved productivity, performance, and sustainability across the asset lifecycle
Today’s energy and utility (E&U) leaders must meet their business and production targets to remain competitive in their industries. E&U businesses require a high level of financing to fund their capital projects and operational expenditures, often competing with other sectors to attract scarce investor resources. They must achieve this while enduring market volatility and selling their products for commodity prices at the lower end of the normal range. Furthermore, they are under pressure to transform their energy operations to improve sustainability. The future leaders in the industry will accelerate their ability to optimize and innovate by connecting their design, build and operations to deliver top performance across the capital asset lifecycle.
Establishing an accurate and well-maintained comprehensive digital twin of operations will provide a single, aggregated view of the design and regulatory information connected to the physical asset information. This integrated approach will be critical to evolving the design, construction and maintenance of facilities for peak performance across the lifecycle.