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Innovation, quality control, and cost management are crucial for success in today’s Energy & Utilities industry. With downward margin pressure, globalization, the increased need for equipment customization, and with market competitiveness at an all-time high, understanding your cost structure regardless of the business model or market segment has never been more important. Tomorrow’s market leaders will require standardized cost methodologies and accurate costing data models to ensure precise estimation and forecasting figures, transparent insight into costing processes, and immediate access to accurate equipment information.
Our integrated and complete product cost management solution combines the power of the leading global Digital Innovation Platform with accurate, yet simplified, product and process cost management tools in one unified system. This provides the opportunity for Energy & Utilities companies to optimize equipment and asset costs in order to maximize margins. The system allows cost engineers to efficiently work within the proper context of the product lifecycle to obtain reliable cost estimates, select and optimize purchase strategies, and confidently assign profitable selling prices.
