Major capital projects continue to be over budget and behind schedule, meanwhile, discussions on how to improve center on better collaboration between the OO/EPC/Constructor, contractingstrategies and better upfront design definition.
This presentation covers how technology is disrupting the capital project execution landscape with potential savings of 10% of total project installed cost (TIC). These savings are made available through the optimization of data-centric engineering, procurement, fabrication, construction and commissioning strategies enabled by the Cloud, advanced analytics to measure progress in real time, augmented and virtual reality for breaking down silos between engineering and the field.
Are we truly ready to embrace industry 4.0 to not only thrive in today’s marketplace but, more importantly, to survive?
7. RECOGNISED INDUSTRY LEADER
Britain’s Most
Admired Company
in the Software and
Computer Services
Sector
2017 | 2015 | 2014
Women in Science
and Engineering
(WISE) Employer of the
Year 2017
Frost & Sullivan 2015
Global Engineering
Information Management
Solutions Competitive
Strategy Innovation and
Leadership Award
Franco-British
Business Awards 2013
Innovation, Creation and
Design Award
UK tech award
2013
for Tech Innovation
of the Year
Gaselle
Nordic award
2013 | 2012
techMARK Company
of the Year 2012
8. AVEVA BUSINESS UPDATE
AVEVA Group
• 15% YOY Growth
• MT3D: 25%
• O&G: 50%
AVEVA North America
• 25% YOY Growth
• MT3D: 50%
• O&G: 20%
18. What does Digitalization Mean?
•“Digitalization is the use of digital
technologies to change a business model
and provide new revenue and value-
producing opportunities”, Gartner
20. DEMOGRAPHICS
20
Chemicals/petrochemicals - US, Singapore, Russia,
Netherlands, Germany, Belgium
Pharmaceuticals - US, Ireland, UK, South Africa, France,
Belgium, Switzerland, Germany
Mining – US, South Africa, Australia, Russia, Ukraine,
Chile, Peru
Power generation - US, Canada, UK, Germany, Japan,
China, France
Pulp and paper – US, Canada, Finland, Sweden, Brazil,
Russia
Figure D1: “Within which primary sector is your organisation?”, asked to all respondents (400)
400 senior decision makers with responsibility
or involvement in software purchasing decisions
were interviewed in August and September
2017, split across the below sectors and
countries…
100
100
100
50
50
Chemicals/petrochemicals
Pharmaceuticals
Mining
Power generation
Pulp and paper
21. PRIORITISATION OF PLANT
DIGITALISATION
AVEVA - Plant digitalisation research results21
Figure 2: Analysis showing the percentage of respondents who report that each of the above
digitalisation initiatives are the number one/top priority for their organisation, asked
to all respondents (400)
Figure 3: Analysis showing the percentage of respondents who report that plant digitalisation
is the number one/top priority or a high priority for their organisation, split by sector,
asked to all respondents (400)
26%
16%
10%
7%
6%
6%
Plant digitalisation
Customer experience
digitalisation
Workplace digitalisation
Marketing digitalisation
Financial digitalisation
Purchasing digitalisation
26%
34%
29%
25%
22%
20%
55%
54%
54%
58%
68%
48%
Total
Pulp and paper
Chemicals/petrochemicals
Mining
Power generation
Pharmaceuticals
Number one/top priority High priority
22. DIGITAL TECHNOLOGIES OFFERING
THE GREATEST OPPORTUNITIES TO
EXPLOIT
AVEVA - Plant digitalisation research results22
Figure 25: Analysis showing the top seven most commonly reported digital technologies that offer the greatest opportunity to exploit, split by sector, asked to all respondents (400)
Cloud and intelligent information management are top priorities!
27%
20%
10% 10%
8% 6% 5%
Cloud Intelligent
information
management
Robotic process
automation
IoT Advanced analytics Drones Sensors
31. Typical WBS Hierarchy
Tasks
Area Area Area
Phase
(FEED)
Phase
(Detail Design)
Sub-Area
(Initial Design)
Sub-Area
(Initial Design)
Item
P-201
Item
V-205
Seawater
Cooling
Chill Water Ballast
E P C
System System
1 2 1 2
Long Lead Equipment Bulks Commodities
Project Materials Fabricated Items
Mech Equip Electrical
Equip Instruments
Pump PO Vessel PO
Engineering Procurement Commissioning
Equipment Instrumentation &
Controls
Layout
Item
P-201
Item
V-205
Item
P-201
Item
V-205
32. Reality – WBS are Relational
FPSO
Total
Construction
Cost
Process
System
Control
System
Fabrication
Estimates
Module
Area
Structural
Design
Construction
Estimates
Bulk
Commodities
Piping
LayoutPipe Stress
Utilities
Instrument
Mechanical
Datasheet
Bulk Steel
PO
Bulk Pipe &
Fitting PO
Procure-
ment Plan
Vendor
Data
Cabling
Layout
Electrical
System
Electrical
Loads
Pump POPump PO
Electrical
Datasheet
Item
P-201
33. Engineering Procurement Fabrication/Install CommissioningConstruction
Example of EPC Data
Challenge
Tag
Data
set1
Data
set1
Data
set1
PO
Parts List
1
Req
Parts List
1
Req Req
Tag
Data
set1
Data
set1
Data
set1
Work Package
(Construction)
Scheduled
Activity
Docs List
1
Budget
Work Package
(Fabrication)
Parts List
1
Parts List
2
Scheduled
Activity
Docs List
1
Budget
Work Package
(Commissioning)
Parts List
1
Parts List
2
Scheduled
Activity
Docs List
1
Budget
PO
Parts List
2 Issued
Working
On Hold
Key to
Status/Lifecycle
Maturity
In Consistency
Pipeline
Vessel