Cambridge, U.K. – AVEVA announced the release of a new business paper for the process and power industries highlighting the need to maximize the efficiency of plant design. Following the announcement of its vision for ‘The Future of Plant Design’, AVEVA is sharing its industry insight to help EPCs reduce project costs while improving quality.
AVEVA's revealing business paper introduces the concept of a design spiral as a way to characterize the plant design process and identify how efficiencies can be made. Optimizing design efficiency, AVEVA argues, is one essential step in moving closer to the ultimate goal of maximum project performance.
“We understand the uniqueness of the markets we serve”, said Dave Wheeldon, CTO and head of Engineering and Design Systems, AVEVA. “You can't produce plants in volume in the same way that they do in the manufacturing industry. It’s not about economies of scale; you must optimize each bespoke process.
“As major capital projects are increasing in size and complexity, the market is embracing joint ventures and sub-contractors to manage risk. This places the project team under enormous pressure to deliver work that is coordinated and meets contract obligations to avoid high penalty clauses. We have seen how improved design efficiency provides an essential and significant contribution to the supply chain.”
Focusing on six key areas, including openness, integration and compliance, the paper highlights what AVEVA anticipates will be the main factors driving plant design efficiency.