The Concord® Manifesto for EPC digital transformation
Digital transformation is not about adopting the hottest technology trend. It is about understanding the challenges faced by your capital project organization, and investing in technology that solves these challenges.
Digital transformation is an opportunity to create a knowledge architecture that improves your company’s access to its silent archives, which are replete with experience and know-how that can foster increased effectiveness and efficiencies.
Digital transformation should not cost more than your current technology. It should cost less, and have a clearer and faster return on investment.
While there are general principles for planning and executing a digital transformation, the process remains a very unique contextualized experience because people are and should be at the center of such an effort.
Digital Transformation is ultimately about resolving complexity. It takes deliberate study and thought to manage complexities in a capital project environment.
Much ink has been spilled about “digital transformation.” As a general concept, the term refers to a company’s efforts to use emerging digital technology to change business processes, competencies, and models. There can be no doubt that digital transformation has the power to resolve past failures and prepare businesses for future challenges.
It’s rare, however, to hear talk of digital transformation purpose-built for capital projects. Those who do talk about it often resort to importing out-of-industry concepts without any critical thought. We believe there’s a better way.
We believe a company’s digital transformation is a puzzle, and the pieces include not only the technology itself, but also the understanding of the organization’s data, knowledge, transactions and future. In other words, digital transformation demands a full understanding of a capital project business ecosystem.
Migrating to the cloud is just one piece of that puzzle. Here’s how we believe it should be planned and executed for capital projects and asset-intensive companies.
Cloud Migration, The T-CON™ Way
If you think migrating to the cloud means moving files to one place from another, say, from a private server to a shared server, don’t do it. This is true especially if your organization has made a large investment in data centers over the past five years.
We believe migrating to the cloud is an unprecedented opportunity to establish a powerful knowledge architecture that will supercharge your company’s next capital project. The T-CON™ cloud-based platform and cloud migration protocol have been purpose-built for capital projects. We help owner and EPC companies leverage historical project data to support informed, effective collaboration on current and future projects.
This article walks through an overview of the T-CON™ principles and protocol for moving to the cloud.
“The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.
Moving data from in-house servers to the cloud can be challenging and costly. Executives in asset-intensive industries are reluctant to fund a full migration to the cloud, and for good reason! Legacy project information management software is built and implemented on premise; it’s already very expensive, and vendors cannot themselves transition to the cloud without a dramatic impact on pricing for large clients. For owner and an EPC decision makers, that means moving the capital project organization to the cloud is and will remain hindered by the old business models and deals signed with legacy software vendors.
T-CON™ offers a simple and cost-effective option for transferring large amounts of project data to the cloud while taking full advantage of military-grade security and unprecedented data management features. In the process, the platform applies intelligent structure to your data, making it easier to access and use.
Our protocol is based on the following principles:
Digital transformation is not about adopting the hottest technology trend. It is about understanding the challenges faced by your capital project organization, and investing in technology that solves these challenges.
Digital transformation is an opportunity to create a knowledge architecture that improves your company’s access to its silent archives, which are replete with experience and know-how that can foster increased effectiveness and efficiencies.
Digital transformation should not cost more than your current technology. It should cost less, and have a clearer and faster return on investment.
While there are general principles for planning and executing a digital transformation, the process remains a very unique contextualized experience because people are and should be at the center of such effort.
Digital Transformation is ultimately about resolving complexity. It takes deliberate study and thought to manage complexities in a capital project environment.
Why should you use T-CON™ to migrate to the cloud, and not traditional technology service providers?
T-CON™ is purpose-built for capital projects: We do one thing, and we do it well. By contrast, traditional software and technology service companies will take a cookie-cutter approach to your migration, using the same methods they’ve used for industries ranging from finance to healthcare. We believe capital project organizations are unique.
Our competitors don’t apply any intelligence to your historic data, they focus only on a small piece of the data that will be generated in the future. We do both. Our platform and migration protocols apply intelligence to your historic data, so you can access the information you already have and leverage it to increase employee effectiveness and to reduce project costs.
T-CON™ applies a set of machine learning algorithms and semantics-driven protocols that are purpose-built for capital projects organizations. This means that T-CON™ quickly creates a knowledge database that can be used by capital project organizations, right away. Our competitors don’t know how capital projects work, and will charge you extra to conduct surveys and interviews so they can understand how data flows through your capital projects. Why waste time? Use our framework to map your project data sources and start the process of linking them to the T-CON platform in the fastest, easiest and simplest ways.
T-CON™ offers out-of-the-box permission schemes for managing access and data storage in the cloud. These schemes line up with the contractual and real-time roles in the capital projects lifecycle, from initiation to execution and startup to operations.
We go further by enabling the connection between your contractual data requirements to your server requirements ensuring seamless data decommissioning at the end of the facility lifecycle or the project startup. This is particularly useful for projects with proprietary sensitive information shared with contractors and consultants over a long period of time. Nobody else does this.
T-CON™ helps capital project organizations integrate technology and project teams by fostering a common-interest discussion and collaboration. Technology teams are focused on maintaining private company servers, leaning enterprise-wide transformation and decommissioning data at the end of a project or asset life. Project teams are focused on project information development and delivery, visibility, engineering data accuracy, productivity and real-time collaboration. T-CON™ is the only platform with the power to align these groups. This enables the historical gap bridling between your IT and project teams. Nobody does it better. In fact, it is the opposite. Legacy software companies benefit from isolating capital project organizations to ensure their role in taking on the service piece of the information technology need.
Upon request, T-CON™ improves information security with more complex customized versioning backup and disaster recovery options.
T-CON™ supports true innovation from within, by leveraging emerging cloud-based technologies to support and drive in capital project management. If you’re interested in learning more, contact us today.
