December 2013

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HP Integration Strategies: Engineering design tools are moving to the ‘cloud’

According to a new market study on engineering design tools, new 3D design applications can play an integral part in determining the optimal design, creation and construction of HPI facilities.

Slansky, Dick, ARC Advisory Group

Design projects in the hydrocarbon processing industry (HPI) have become very large. They are exceedingly complex, have a long duration, and are very expensive. Often, executing these massive projects requires forming joint ventures or partnerships of engineering, construction and owner organizations. This interdependent joining of disparate stakeholders necessitates using the latest generation of 3D engineering design tools for more efficient project execution. Beyond the project phase, asset owners now recognize the additional value that design tools can yield, not only to the project phase but also to the operating of the plant and other industrial assets. According to the ARC Advisory G

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