Explore Cadmatic’s webinar Data flows in EPC projects to learn how digital twins can improve EPC project outcomes through more effective communication and collaboration between stakeholders.
Digital Twins – driving digital transformation
Digital twins for managing engineering and construction projects and virtual assets
Digital twins in engineering and construction give you better asset performance and safer production facilities. Through improving the efficiency of your projects, digital twins also lower CAPEX and OPEX thanks to increased productivity.
At Cadmatic, we understand that data has immense value for your investment and maintenance projects. You need to base your decisions on trustworthy and transparent information to reach your production and safety goals. For this reason, we minimize manual data handling throughout the entire investment project lifecycle to cut costs and eliminate errors.
Projects are becoming increasingly complex and challenging due to the increased number of stakeholders. The constant aspiration towards higher quality, shorter schedules, and lower budgets is contrasted by the reduced resources that are available to manage projects. EPC companies report that 80% of projects are plagued by cost and schedule overruns. In other words, these projects fail.
We believe that project success relies heavily on improving communication between project stakeholders. Our digital twin solutions are designed to help you to keep projects within schedule and budget.
Digital twins for engineering, construction, and operation
In Cadmatic digital twin solutions, you have instant access to reliable, up-to-date information. We empower you to unlock greater efficiency, productivity, and profitability thanks to consistent data quality and automated handling.
A digital twin requires a software platform in addition to hardware storage facilities. It can store and merge 3D models in various CAD formats and effectively integrate data from other systems. All this information can be accessed by users on demand using the latest advanced visualization technology.
Before the physical asset comes the digital twin
In an investment project, the digital twin is created long before the physical asset even exists. The twin is used and enhanced throughout the project lifecycle, from the engineering phase to operation.
For example, during construction the digital twin can be used to verify the constructability of piping. Or, before startup, for personnel training to ensure your project is online on schedule. And, while operational, inspection and maintenance data can be instantly visualized alongside other project data in a single access portal.
The digital twin combines and connects information from different systems, creating a single source of truth.
eShare: Avoid budget overruns with a digital twin
The CADMATIC eShare platform makes it easy to implement a digital twin. We give you the flexibility to implement digital twins incrementally as needed, helping to ensure that your project stays within budget.
CADMATIC eShare is the missing link between design, construction, and operational processes. It efficiently integrates, visualizes and shares your project information in a web portal. In eShare, you have access to a powerful communications interface accessible to all stakeholders for efficient cooperation and decision making.
eShare reads information-rich 3D design models from different sources and automatically links them to your other systems such as project management, construction sequences and material stocks.
eShare for EPC projects
eShare is an integrated cross-platform visualization solution for all engineering, procurement, and construction data. Use it to access all project data including PDM/PLM, procurement, construction analysis and tracking, or ERP. Through integrating and visualizing the information, your key project metrics can be monitored in real time.
Read more about eShare for EPC projects
eShare for owners and operators
eShare is the ideal platform to create a digital twin of your industrial facilities – a single window to all facility-related data. Collect the 3D model and data from engineering, laser scans, as well as the plant’s operation and maintenance, for a complete solution to your information needs. Find, visualize, and share project and asset information in a single, independent, and easily accessible web portal.
Read more about eShare for owners and operators.