May 2003

Trends and Resources

HP Impact: Plant design market to increase a ‘robust’ 7% this year

Plant design software and services will enjoy "robust growth" of 7% to more than $479 million in 2003, according to a forecast by Daratech. Despite the global recession and times of eco..

Weirauch, Wendy, Hydrocarbon Processing Staff

Plant design software and services will enjoy "robust growth" of 7% to more than $479 million in 2003, according to a forecast by Daratech. Despite the global recession and times of economic and political uncertainty, process and power owner/operator (o/o) and engineering, procurement and construction (EPC) firms are stepping up their investments in IT solutions. The goal is to: Cut costs and headcount by wringing inefficiencies from project work-processes, supplier relations and operations Collaborate more intelligently internally and externally with suppliers and customers Rationalize and secure IT

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