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For equipment manufacturers and EPCs supporting both CAPEX and OPEX projects in the Energy & Utilities industry, the need to execute consistently and successfully and then be able to prove they were consistent and compliant in that execution will be an important differentiator going forward. The requirement for full verification and traceability in execution may result from increasing environmental or regulatory compliance obligations. It could also be an internal governance requirement needed to protect narrow margins on fixed bid projects which are becoming more common as Owner-Operators seek to shift more risk onto their supply chain
Our verification management solution provides a unique set of tools and processes that dramatically change the way product verification is planned, executed and managed. It provides the ability to capture and integrate customer requirements, plan and schedule verification activities, perform CAE analysis, configure and manage test articles, and confirm requirement compliance. With the ability to reuse verification procedures and results, verification management helps reduce costs and associated risks, improve quality, and deliver projects programs on time and on budget.
