How Digitalization Helps EPCs Profit from the “Next Normal” in Engineering & Construction
According to a June 2020 McKinsey report, “The Next Normal in Construction,” EPCs have an opportunity to double their profitability by embracing a handful of “emerging disruptors.” One of these disruptors, digitalization of processes, is within reach of most EPCs and aligns with initiatives already underway at many firms. Join us to learn more about:
- McKinsey’s view on how emerging disruptors can drive dramatic improvement in profitability for EPCs
- AspenTech’s approach to a more integrated FEED process through standardization and connectivity of engineering information
- Practical next steps you can take to accelerate your digitalization initiatives
Related Content
EPC firms that were already under stress from the COVID-related downturn are investing heavily in digitalization initiatives. According to a June 2020 McKinsey report, EPCs have an opportunity to double their profitability by embracing a handful of “emerging disruptors.” One of these disruptors, digitalization of processes, is within reach for most EPCs and aligns with efforts and initiatives already underway at many firms.
White Paper:
Four Keys to Agility and Resilience for EPCs
White Paper:
Optimize Asset Design and Operations with Performance Engineering