Energy, Process and Utilities
Rethink energy and materials innovation to create a sustainable future.
Energy and Materials businesses, including power, oil & gas, mining, metals and minerals, and chemicals face many challenges. Environmental concerns and increasing public scrutiny drive rising interest in alternative solutions that disrupt traditional business models. Complexity may arise from aging infrastructure and new, technically demanding assets. Volatile prices and low productivity put profits under continuous pressure.
Energy & Materials businesses must therefore diversify into new ventures, increase their pace of innovation, improve organizational and infrastructure efficiencies and increase responsiveness by aligning product supply with changing priorities and demands of customers and society.
Power
Oil and Gas
Chemicals
Mining
Metals and Minerals
Addressing the business challenges of the Energy & Materials Industry
Discover how to address your challenges through digitization and collaboration with an integrated approach that connects people, information, and processes across organizations, ecosystems, and value streams that span engineering, product development, construction, operations and delivery.
Challenge
Innovation & Profitability
Build competitive advantage to add value, counter growing complexity, and boost revenue and margin
Transform new ideas into innovative products and operational efficiency
New players and growing complexity are challenging Energy & Materials companies’ profitability. They need to reinforce their competitive advantage by leveraging expertise from the ecosystem to come up with differentiating products and also achieve performance improvement in extraction and processing of natural resources. This also holds true for design and construction companies that need to implement new work methods to render them more efficient. An environment that leverages digital technologies inspires the sharing of new ideas, separating the innovators from the followers.
Implement innovative engineering practices and:
Increase automation to reduce labor-intensive tasks.
Focus on creativity and quality.
Boost productivity while reducing risk.
Break the silos down between departments to keep performance on track.
Technology leads to more innovative products and performance improvement
Energy & Materials companies need fast innovation to survive in a competitive market and meet shareholder expectations. Through better collaboration and real-time access to pertinent data, teams can exchange ideas and inspire one another, and keep operational performance on track.
The 3DEXPERIENCE® platform aggregates information from many sources to reveal combinations never-before imagined. Increased automation leaves teams with more time for creativity instead of doing tedious tasks. Designers and planners use simulation to rapidly test different options before picking the most innovative one or perform the best.
Challenge
Increasing Health & Safety and Environmental Regulations
Facilitate compliance by efficiently managing regulations, contracts, and requirements
Provide a comprehensive real-time view of assets
Companies that engineer, build, or operate capital facilities and resource extraction sites need to ensure compliance with stringent and continuously evolving regulations and requirements. Failure to do so exposes them to project delays that are often subjected to penalties. Since companies are more accountable than ever before, they need to provide every project stakeholder with easy access to information so that they may validate their compliance throughout an asset’s lifecycle. To enable stakeholder buy-in and approval of projects, they also require increasingly sophisticated ways to engage and communicate their benefits and impacts on the environment throughout a project’s lifecycle.
Share the right information with your ecosystem to:
Respond quickly and accurately to certification agencies.
Reduce late reworks that can affect profitability and asset performance.
Detect non-compliance and make corrections early.
An integrated platform facilitates HSE management and compliance
Due to changing market and environmental conditions, mine sites, oil fields, and plants must abide by increasingly stringent norms and regulations.
The 3DEXPERIENCE® platform allows companies to embed regulations and requirements at the early stages of a project, and to seamlessly manage this information across the facility’s lifecycle. As a result, engineering cycle time is reduced since compliance is verified as projects progress. Moreover, the risk of late or non-detection of errors is mitigated.
With the 3DEXPERIENCE® platform, simulation of alternative options can lead to more environmentally friendly designs and routings that result in greater fuel efficiency through more efficient utilization of equipment. Customers also gain sophisticated visualization capabilities to engage with members of the communities they will be operating in, including government officials and citizens, to win project approval.
Challenge
Managing Complexity & Risk
Improve construction and operations agility and deliver on time and on budget
Increase productivity and reduce costs
Capital projects are not only complex to operate, they are complex to build and refurbish as well. Risks that include adverse weather conditions, changing requirements, and funding difficulties create additional information that must be sorted, understood and acted upon. Accessing the right information at the right time improves decision-making that leads to timely completion and startup.
Streamline access to information:
Remove silos that isolate project teams.
Respond faster to engineering changes.
Make fast and accurate decisions.
Single data source brings unity and consistency
Surveyed Energy and Materials leaders confirm that more than 35% of capital projects exceed scheduling and cost objectives by more than 10%. One reason is an inefficient construction phase caused by globally-dispersed disciplines operating in silos and working with the wrong information.
The 3DEXPERIENCE® platform represents and manages the complexity of a plant, and field operations, and delivers consistent information to construction and operational teams, thereby improving their efficiency as well as the speed and quality of their decisions.
Challenge
Market Uncertainty
Offset price volatility with business improvement that brings agility to adapt to changing market conditions
Respond to change with the right solutions to overcome uncertainty in business
Many Energy & Materials companies deliver commodities in an unregulated market, which subjects them to pricing strategies that are entirely out of their control. This uncertainty forces them to keep their costs down through greater efficiency and planning and by seeking new business opportunities to smoothen the impact of this volatility.
Digitization and analytics help companies react faster to changes in demand for their commodities and products. Through diversification, they expand their offering, resulting in more customers and new revenue streams for sustained business success.
Improve reaction time and agility by:
Creating an ecosystem in which collaboration is streamlined and secure.
Creating an efficient supply chain and logistics from order to delivery.
Simulate alternative production plans to identify the ones that are the most robust.
Efficiently scale production up and down without impacting future capacity and costs.
Obtaining better visibility into market trends and needs.
Companies need to reinvent themselves to address uncertainty in business
A flexible production environment and real-time access to information render Energy & Materials companies more responsive to changing market demands.
The 3DEXPERIENCE® platform delivers powerful analytics for better visibility of market dynamics providing companies with increased predictability. They have a holistic view of up-to-date information that improves the speed and pertinence of their decisions. Through powerful planning and simulation, globally-distributed teams can work more closely together and also to forge new partnerships to expand their business.
Challenge
Workforce Dynamics
Create an engaging and productive work environment
The next generation work environment
Energy & Materials companies are challenged by a retiring workforce and the arrival of a new generation of tech-savvy employees. Adapting to change means that best practices must therefore be captured and passed on to these new workers. While they lack the experience of their elders, they nevertheless expect their employer to provide them with the most modern methods and tools to do their job. Collaboration and simulation improve worker experience and understanding of tasks to improve execution and safety.
Re-define the worker experience to:
Improve worker training for better efficiency, safety and profitability.
Do away with expensive and time-consuming physical trial and error procedures.
Reduce silos by streamlining collaboration between employees and partners.
Technology creates an engaging work environment
An immersive and collaborative work environment capitalizes the knowledge and best practices of veteran workers to empower and inspire the workforce of the future.
The 3DEXPERIENCE® platform provides digital continuity from concept to delivery to project stakeholders, in one integrated environment. Information is up to date and delivered at the right time, to the right person. Workers are better trained, more effective, and safer on the job, thereby mitigating risk, errors, and unwanted costs.