Building a processing system – even an entire plant or factory – in industries as diverse as oil and gas production, alternate fuel development, power generation and manufacturing, is more challenging than ever. Competition is stiff and capital is tight. So the need to control costs, ensure quality, and speed up delivery is critical to your success.
Today’s alternative energy providers face special challenges. As regulations continue to evolve, the need to reduce manufacturing costs and speed design cycle-time increases. New technologies need to quickly create and verify new design concepts to speed up cycle time and reduce costs, while staying safe and reliable.
Industry trends: Alternative Energy - New technological breakthroughs in battery, solar, wind, clean coal, harnessing ocean currents. Pro-government industry regulations. Widespread adoption by customers and industries.
Oil and Gas – Exploration in more demanding environments (such as deeper water, fracking, lean deposits and more process-intensive extraction; growing pressure environmental concern and emphasis on perfect equipment.
Process and Plant – Increased pressure to deliver products/projects more quickly to match economic cycles; reduce/eliminate physical prototypes; improve safety, reliability, accuracy and repeatability; modular designs of components and plants – upgradeable to new technology – many vendors on one project.