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Teamcenter for Capital Asset Lifecycle Management

Teamcenter for Capital Asset Lifecycle Management

Teamcenter for Capital Asset Lifecycle Management

Product catalog summary
Overview
Capital assets are crucial for organizations as they form the productive base, with significant investments in facilities, plants, factories, and infrastructure. However, stakeholders often struggle to digitalize and enhance efficiencies due to challenges in managing project and operational data, leading to inefficiencies that persist throughout the asset lifecycle.
Introduction to Teamcenter
Siemens Digital Industries Software offers Teamcenter for Capital Asset Lifecycle Management to aid in digitalizing capital assets. This solution consolidates project and operational information to create a digital twin, driving efficiencies in design, construction, and operation while reducing costs and timeframes.
Benefits
  • Consolidates information to create a comprehensive digital twin.
  • Enhances efficiencies in design, construction, and operation.
  • Integrates processes for greenfield and brownfield projects.
Features
  • Centralizes project and asset data into an enterprise ecosystem.
  • Improves oversight and risk management with enterprise-wide visualization and analytics.
  • Increases compliance and safety with real-time visibility of asset information.
  • Enables simulation-driven approaches to design, construction, and operations.
Digitalization Strategy
Teamcenter facilitates a digitalization strategy that enhances efficiencies across the organization, enabling simulations and operational optimizations through the digital twin. It establishes a foundation for data management and collaboration from feasibility to decommissioning.
Solutions for Digitalization
Teamcenter offers an evolutionary approach to managing capital assets, allowing stakeholders to create and manage a digital twin across the asset lifecycle, eliminating information silos by integrating federated data sources.
Building a Digital Twin
Early definition of the digital twin allows for simulations and design optimizations before and during construction, enabling continuous optimization throughout the asset lifecycle.
Lifecycle Collaboration
Teamcenter provides a single access point to federated data, enhancing collaboration and decision-making by integrating data from various design and engineering tools.
Streamlining Business Processes
Teamcenter captures and enriches project and operational information, transitioning from document-centric to data-centric processes, improving project delivery timelines and operational efficiency.
Capabilities
  • Requirements management increases design compliance and reduces redundancy.
  • Change management enhances productivity through real-time change management.
  • Configuration management provides visibility of asset build progress.
  • Program management accelerates project planning and execution.
Use Cases
Teamcenter manages the asset lifecycle from planning to modernization, providing a simulation-driven approach for continual optimization. It allows for digital collaboration on project data, reducing project costs and enhancing risk management.
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Catalog excerpts

Teamcenter for Capital Asset Lifecycle Management-1

Reduce costs and improve efficiency across the lifecycle of facilities, plants, factories and critical infrastructure Benefits • Consolidates project and operational information to create a comprehensive digital twin of the physical asset • Drives new efficiencies in design, construction and operation while decreasing capital project delivery costs and timeframes • Integrates the processes by which greenfield and brownfield projects are planned, designed, managed and executed Features • Centralize project and asset data by seamlessly harmonizing design and information models into an enterprise ecosystem • Improve oversight and risk management of project performance with enterprise-wide visualization, reporting and analytics Summary Capital assets form the productive base of an organization, and organizations invest a large portion of their funds into the facilities, plants, factories and critical infrastructure that are the foundation of their operations. Today, many capital asset stakeholders (those who design, construct and/or operate capital assets) have the desire but are unable to digitalize and increase efficiencies by leveraging new technologies to initially monitor, then improve, the asset's performance. Contributing to this is the struggle to aggregate and manage capital project and operational data at an enterprise level, which leads to efficiency losses in capital project delivery and throughout the asset lifecycle. The inefficiencies that are created in project delivery are passed down to the owner/operator (O/O) where they can exist indefinitely. New capital projects and plant modernizations are completed in the same inefficient manner and the cycle repeats. Just as digitalization is disrupting the way we live, the digital industrial revolution is changing the way companies manage capital assets. To help companies make the transition to digitalization, Siemens Digital Industries Software's Teamcenter® for Capital Asset Lifecycle Management offers

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Teamcenter for Capital Asset Lifecycle Management-2

Features continued • Increase compliance and safety with enterprise-wide visibility of asset information to understand the real-time status of project execution • Create, manage and leverage the digital twin to enable a simulation-driven approach to design, construction and operations • Enable increased productivity by digitally detecting, reviewing, managing and tracing change in real time • Complement and enhance the value of existing legacy planning and design investments solutions for the planning, design, construction and operation of a plant or asset as well as the systems and equipment...

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Teamcenter for Capital Asset Lifecycle Management-3

Building on a foundation for lifecycle collaboration Teamcenter for Capital Asset Lifecycle Management provides a single point of access to federated data by bringing together data authored in various computer-aided design (CAD), computeraided engineering (CAE) and building information modeling (BIM) authoring tools. By unlocking proprietary data from individual users and applications and sharing it business-wide, companies can make smarter, collaborative decisions, increase productivity and realize the efficiencies of integrated planning, data re-use and simulations. As project data matures...

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Teamcenter for Capital Asset Lifecycle Management-4

Use cases for O/O and EPC organizations Improve capital asset efficiencies Teamcenter for Capital Asset Lifecycle Management manages the asset lifecycle from planning and conceptual design through operations and modernizations. The solution provides a simulation-driven approach to design, construction and operations by creating a closed-loop decision environment for continual optimization. Users can design, simulate and verify plant processes digitally in conceptual design, front-end engineering design (FEED) and detailed design. Users can also virtually place equipment/systems in the construction...

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