Summary:
Providing accurate capital project information during handover is vital to enterprise profitability. Following handover, system information must be kept accurate and accessible for the lifetime of the facility, which typically spans 30-50 years. Inaccurate or missing information can cause lost revenue due to unplanned shutdowns, unnecessary material purchases, production cutbacks, inefficient equipment operation and maintenance, and serious accidents. Using SWISS to reduce information loss and inaccuracies can save up to 60% of these costs, resulting in a savings of up to $10M on a $400 million project…