Digitally Transforming Capital Asset Creation and Operation
ANN ARBOR, Michigan, USA, 19 December 2019—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, released a new eBook focused on how PLM technology can be applied to support the design, construction, and operations of capital projects such as factories, power plants, and offshore oil platforms to enable digital transformation.
This eBook describes how Siemens Digital Industries Software and Bentley Systems have combined PLM capabilities to enable digital transformation related to capital asset creation and operation and why a lifecycle approach to capital asset lifecycle management (CALM) is important to digital transformation programs. The eBook reviews how PLM affects speed to market, product cost, and product quality. It also notes how critical communication and change management are to digital transformation in both Engineering, Procurement, and Construction (EPC) and asset Owner Operators (O/Os). It then closes with CIMdata’s viewpoint of how the Siemens Teamcenter for CALM offering can support capital asset projects in general and energy projects in particular.
According to Mr. Ken Amann, Executive Consultant, “Discrete manufacturers have been executing digital transformation projects for the past few years and CIMdata is seeing is rapidly growing interest in PLM-based transformations with EPCs and with O/Os.” CIMdata believes that using a lifecycle approach to managing capital asset creation and operation will enable significant business process and profitability improvements over legacy solutions. A lifecycle approach helps ensure that everyone works on the correct version of information by using robust change management processes, and ensures a smooth transition from the EPC to the O/O.
Siemens Teamcenter for CALM integrates data from Bentley System’s iModel with data, process, and visualization management tools from Siemens Teamcenter. To learn more about Teamcenter for CALM and the value of using a lifecycle approach to manage capital asset projects, please download and read the complete eBook at https://www.cimdata.com/en/resources/complimentary-reports-research/white-papers.
