SmartPlant® Foundation

Business Benefits

SmartPlant Foundation offers O/Os a savings opportunity of 2-to-4% TIC on a project, depending upon the contract methodology employed. A major money-saving benefit that SmartPlant Foundation provides to O/Os is ease of data handover at project completion. This speeds the plant commissioning process, resulting in a much shorter time to startup, and quicker profitability.

SmartPlant Foundation also benefits O/Os by providing accurate information downstream, allowing effective management and optimization of the supply chain. Costly shutdown periods are minimized, plant safety is improved, and regulatory compliance is easier to achieve and maintain.

For EPCs, SmartPlant Foundation offers a savings of 1-to-2% TIC on a project as well as a significant competitive advantage. By providing a platform that integrates the flow of information between applications, SmartPlant Foundation helps EPCs improve global workshare, automate data re-entry costs and consistency checks, effectively manage change, and minimize work duplication by notifying all interested parties of pending or proposed work.

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