Covestro Chooses Hexagon as a Digital Transformation Partner
1 November 2018
Covestro, a world-leading supplier of high-tech polymer materials, has chosen Hexagon’s PPM Division as a technology partner to facilitate the digitalization of the engineering and operations landscape. To achieve this, the company purchased Hexagon’s 2D/3D design tools and information management solutions, as well as construction and supply chain management products.
Covestro has identified several challenges related to its existing asset documentation management, such as duplicated data entry, delayed information exchange between engineering disciplines, manual work efforts, as well as insufficient possibilities for data analysis, thereby increasing costs. By digitalizing its asset information, which will be one of the steps toward becoming a fully digital enterprise, Covestro expects to overcome these challenges and realize multiple benefits across all lifecycle stages.
Covestro selected Hexagon as its technology partner because of the next-generation information management offering that enables integration with design tools and easy access to accurate and up-to-date plant documentation. In addition, many of its engineering, procurement and construction (EPC)companies use Hexagon technologies in their daily work.
Hexagon solutions will be used in a selection of Covestro’s current engineering projects and in the maintenance and operations work in the future as a part of the digitalization program for engineering, operations and maintenance activities, “OSI2020” (Optimized System Integration).
Stephan Krebber, program director for digitalization of production & technology, OSI2020, said, “Our OSI2020 program aims to implement digitalized plant operations by 2020. We chose Hexagon PPM as one of our digital transformation partners for the IPEP (integrated plant design and engineering platform) project to help us to digitalize our work processes and assetinformation.”
Mattias Stenberg, President, Hexagon’s PPM division, said, “We at Hexagon are honored to become a digital transformation partner for Covestro and are certain that together we will realize the benefits of digitalized plant operation.”
Hexagon PPM Technical User Forum (TUF) LinkedIn groups provide an online discussion forum for year-round networking between users. To learn more about Hexagon solutions and network with users, visit hexagonppm.com/technical-user-forums.
For more information about Covestro’s digitalization project, attend the upcoming webinar Digitally Transforming the Process Industry: The Covestro Case, taking place on November 23, 2018. Register here: https://hxgn.biz/2QXY2zb.
You can read the press release in German here.
About Covestro
Covestro is among the leading suppliers of premium polymers. Its materials and application solutions are found in nearly every area of modern life. Innovation and sustainability are thedriving forces behind the continuous development of Covestro products, processes and facilities. www.covestro.com
About Hexagon
Hexagon is a global leader in digital solutions that create Autonomous Connected Ecosystems (ACE). Our industry-specific solutions create smart digital realities that improve productivity and quality across manufacturing, infrastructure, safety and mobility applications.
Hexagon’s PPM division empowers its clients to transform unstructured information into a smart digital asset to visualize, build and manage structures and facilities of all complexities, ensuring safe and efficient operation throughout the entire lifecycle.
Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,500 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at hexagon.com and follow us @HexagonAB.
© 2018 Hexagon AB and/or its subsidiaries and affiliates. All rights reserved.
