Hyundai Engineering lowers design costs with 3D technology
Korean engineering company Hyundai Engineering Co. (Hyundai Engineering) achieved cost savings of more than 20% in engineering rework man-hours on a multi-billion dollar petrochemical plant project with the intelligent design basis verification (IDBV) solution, a new customization for Intergraph Smart 3D that automates the process of verifying and confirming engineering design work.
Smart 3D is the world's first and only next-generation 3D design solution specifically tailored for plant, offshore, shipbuilding and the metals and mining industries, employing a breakthrough engineering approach that leverages real-time concurrent design, rules, relationships and automation. Hyundai Engineering, a longtime Intergraph client, adopted Smart 3D for a project in Korea in 2008 and experienced an immediate boost in its productivity and efficiency.
Intergraph Process, Power & Marine (PP&M) and Hyundai Engineering started collaborating on the development of IDBV in early 2014. As one of Korea's most competitive engineering, procurement and construction (EPC) companies, Hyundai Engineering sought a solution to verify the quality of design work performed by junior engineers and sub-contractors on its projects.
The Smart 3D Intelligent Design Basis Verification solution was launched in November 2015 and implemented on a current Hyundai Engineering project, a $2 B petrochemical plant for Turkmengas, Turkmenistan's national oil and gas company. IDBV immediately helped Hyundai Engineering optimize the verification process by automatically eliminating design errors detected at an early stage, resulting in improved efficiency and cost savings of greater than 20%.
"Approximately 40 rules were developed and implemented for the first time in November 2015 on one of our projects, a $2 B petrochemical plant in Turkmenistan. It reduced work hours and costs while improving productivity. Considering Intelligent Design Basis Verification prevents construction re-work of a project, it achieved about 20% or more in cost savings on the project," said Myung-su, Han, CIO of Hyundai Engineering.
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