Promoted Content: AI-Driven Virtual Twin Experience for Capital Intensive Programs

A Need for Real-time Visibility and Control

Imagine building a new nuclear facility with over 6000 rooms, each containing 1,800 items - nearly four million parts to design, manufacture, and install. Or launching a new aircraft program with one million parts and 3,500 suppliers. One late delivery can snowball into delays costing millions per day - plus penalties up to 15% of your total investment. Today, only 2.5% of companies can complete 100% of their projects on time, and a staggering 80-90% of program data remains unstructured.

Whether serving energy, aerospace, or automotive clients, managing large-scale, multi-year programs requires seamless coordination across engineering, manufacturing, procurement, and costing. Most intensive projects - from nuclear plants to aircraft programs -  generate a large amount of data. Even with sophisticated project plans, teams struggle to see how one late shipment, design change, or missing part will impact the broader timeline. To decrease risks and increase productivity in the construction of capital projects, companies need to anticipate, understand, and mitigate the consequences of inevitable changes throughout the program lifecycle.

Capital Project Virtual Twin Experience

A reliable, aggregated, real-time status of ongoing processes and KPIs is essential to support stakeholders’ activities across diverse disciplines throughout the extended enterprise ecosystem (from Owner Operators, Engineering Procurement and Construction (EPC) Contractors and Turnaround Management Operators to Suppliers, Human Resources, Equipment Providers, and more).

NETVIBES Capital Project Intelligence solutions, part of the Dassault Systèmes portfolio, empower these users to enhance visibility, predict risks, and drive efficiency - ensuring complex projects are delivered on time, within budget, and to the highest quality standards. Going beyond the digital twin, the virtual twin experience on the 3DEXPERIENCE platform combines scientific modeling and simulation with data science technologies while boosting collaboration to support decision-making processes.

Leverage your data with artificial intelligence to maintain total control over every facet of your capital projects.

Addressing the Business Challenges of Multiple Industries

In the Infrastructure and Cities industries, like energy, mining or chemical companies, projects involve significant expenditures on land acquisition, materials, machinery, and labour. The scale of the projects, along with regulatory compliance hurdles, makes them capital-heavy endeavours. The development of infrastructure requires expensive equipment, long construction timelines, regulatory approvals, and large-scale investments. These projects often involve complex technology and significant environmental considerations.

NETVIBES solutions transform data into actionable knowledge to boost innovation and competitiveness, addressing today’s cross-industry challenges:

• A 360° View of Projects: Seamlessly connect product data and aggregated project information in an Integrated Capital Project Cockpit. Visualise progress in the context of your 3D “virtual plant,” updated in real-time with data from the field. No more bouncing between spreadsheets or siloed applications.

⇒ Increase daily productivity by 10-30%

• Real-time Collaboration & Issue Resolution: Empower global, cross-functional teams to work together in one shared environment. Everyone sees the same, up-to-date 3D model - a universal language for faster decisions and fewer misunderstandings. Raise issues, assign tasks, and solve problems as they emerge, cutting days or even weeks off your timeline.

⇒ Optimise schedule and minimise deviation by 10-20%
⇒ Reduce the number and duration of iterations by 50%

• Proactive Risk Management: Tap into past project data to predict the future. Harnessing lessons learned to anticipate potential pitfalls and mitigate risks early - before they affect schedule or budget. This data-driven foresight translates directly into fewer surprises and more predictable outcomes.

⇒ Minimise cost overruns by 10-15%

Customer Case Studies

Find out how a multinational leader in the energy sector orchestrates and secures its capital projects with precision, thanks to virtual twin solutions that provide a single source of truth, powerful data analysis, real-time insights, and enhanced collaboration capabilities. More details in the full case study.

Explore how a leading provider of EPC services for the energy industry is managing complexity at scale. Its teams are overcoming data silos by collaborating on complex projects while working with multiple IT systems. More details in the customer story.

Download the e-book and discover how leading companies are using NETVIBES data science solutions to secure capital intensive program operations.

Learn more on our website.

This article was supplied by Dassault Systèmes