![]() In this on-demand webinar, John Nixon from Siemens and Steve Boerman from SAP discuss how integrated digital solutions from Siemens and SAP can streamline capital project development and management across the entire asset lifecycle using a single digital thread. What can business leaders do to solve these capital project management challenges? The best solution begins with digitalization. With this sheer complexity, most capital projects suffer from multi-month or multi-year completion delays and often have cost overruns stretching beyond $1 billion. These enormous projects frequently cost billions of dollars and are highly complex, with many moving parts and teams collaborating through lifecycles that can last 10 to 30 years. We’ll be showcasing this solution at the conference with exciting new solutions around the industrial metaverse.īy 2028, capital asset-intensive industries like oil, gas, renewable power, nuclear and infrastructure plan to invest a massive $13 trillion in ongoing capital projects, including more than $4 trillion in clean energy investments.Ĭapital assets, the end result of capital projects, include critically important infrastructure such as nuclear power plants, offshore wind farms and refineries. ![]() In this blog, we highlight our SAP and Siemens joint offerings for capital asset project and lifecycle management. Editors note: We’re excited to share that Siemens is speaking with SAP at the upcoming SAP for Energy and Utilities Conference in Seville, Spain, April 23 – 25, 2024.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |