The Digital Twin Grows Up
Leveraging data to help companies achieve their full potential.
In the race toward smarter business decisions powered by data, Hexagon encourages operators to digitize their people as well as their assets as their data efforts become more sophisticated.
In the race toward smarter business decisions powered by data, Hexagon encourages operators to digitize their people as well as their assets as their data efforts become more sophisticated.
Hexagon is a global leader in sensor, software, and autonomous solutions. With headquarters in Sweden, Hexagon has 20,000 employees in 50 countries. Hexagon is committed to research and development. “We invest 10% to 12% of our net sales back into R&D,” says David Dollar, Director Sales Enablement at Hexagon PPM. “We have an innovation hub that sits at the corporate level. We look across all of our portfolios to determine how technology could provide solutions for owner operators. We have a lot of investment right now directed toward artificial intelligence. Our goal is to help owners adapt faster using more advanced technologies.”
On the exhibit floor at eChem Expo, Hexagon will highlight advanced work packaging that allows companies to be efficient and on schedule by using operational excellence and digital twin technologies that inform better decision making.
The j5 OMS facilitates the digitization of numerous, typically stand-alone, business processes.
Working with digital twins and operational excellence results in fewer incidents and risks. Dollar defines the term digital twin: “First you have to connect, you have to think, and you have to do. At the connect phase, most people will say that a digital twin is a digital depiction of a physical asset. But you also have to take transactional information along with real-time information about that physical asset to complete what the digital twin and other aspects of connect is unique for the persona who is using it and getting value from it. The data also has to be from a trusted source to be useful. When you have silos of people and data, you have to allow data to change as the physical is changing.
Simple analytics up all the way to mission give you insights about your processes and your people. The true value comes when you know what decisions to make and bring value from the twin, which is where everyone wants to get quickly.”
The true value comes when you know what decisions to make and bring value from the twin,
— David Dollar, Director Sales Enablement, Hexagon PPM
Hexagon creates and unlocks value for our customers, who primarily operate in urban and production ecosystems.
At eChem Expo, Hexagon will showcase the five maturity levels on their digital twin and operational excellence software. They will demonstrate advanced work packaging of the lifecycles, specifically around design and construction.
Dave Dollar, Director, Sales Enablement at Hexagon, will lead a seminar, Straightforward Digitization of Plant Operations Allows for Quick Time to Value. Dollar will elaborate on Hexagon’s suite of operational excellence products. Attendees will learn about de-risking operations and how to digitize by focusing more on your people than your assets. “We talk a lot about operational excellence because it’s empowering for operators to be more consistent, to run the plant more effectively, and to optimize their time so that they can direct their efforts improving the plant versus simply reacting,” says Dollar.
Marcelo Joaquim, Director of Technical Sales for Hexagon, will lead a seminar, Advanced Work Packaging (AWP) during Project Execution. Joaquim will discuss how digital twins help break down the silos and ensure that start to end of all lifecycle stages is fluid and the digital twin and data is retained. “I’m going to show how Hexagon has invested in R&D of our solutions to be function how the data flows along multiple systems along difference lifecycles of design and the things you’re doing with them in management,” says Joaquim.
In the near future, Hexagon will be focusing on operations and maintenance. “You will see more and more solutions that are geared toward reliability, optimization of production,” reports Dollar. “We are doing that through internal development, acquisition of production, and building our ecosystem partners. The second part is about streamlining the capital execution process in terms of the data and technology so that it is easier for execution long term.
