The process industries have traditionally faced chronic losses when designing plants and trying to maintain and manage asset-lifecycle data, especially during handovers from capital projects to operational plant-life phases. New solutions are available, including 3D computer-aided designs (CAD) and simulations, more operations-focused building information management (BIM) software, and virtual/augmented reality technologies for design, training and longer-term use in operations and maintenance. Aided by the holistic information technology (IT) platforms and the emerging Industrial Internet of Things (IIoT), these new project- and data-management technologies may help…
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