The EPC firm expects to reduce their process time in identifying material counts by 90%. This increased efficiency and accuracy will result in lower direct costs for producing bids. Additionally, the increased accuracy and reduced time to develop a bid mitigates the inherent risk in the bid amount, especially when lump-sum pricing is needed. Improving confidence in the estimates empowers the company to make more effective bids and ultimately be awarded more projects.
Total time taken to extract operating conditions of equipment & piping was reduced by 44% using DataSeer compared to manual data extraction that took 7 hours.
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