Technip ensures the reliability of its calculations using PTC Mathcad
Company Size
1,000+
Country
- France
- Worldwide
Product
- PTC Mathcad
Tech Stack
- Technical calculations software
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Cost Savings
- Productivity Improvements
Technology Category
- Analytics & Modeling - Data-as-a-Service
Applicable Industries
- Oil & Gas
Applicable Functions
- Discrete Manufacturing
- Product Research & Development
Use Cases
- Predictive Maintenance
- Process Control & Optimization
Services
- Software Design & Engineering Services
About The Customer
Technip is a contractor in the field of oil services, selling turnkey projects to clients in the oil and gas industry. With bases in 48 countries worldwide, Technip possesses cutting edge industrial infrastructures and a fleet of vessels specialized in the installation of pipelines and underwater construction. From the deepest subsea developments to the most extensive and complex offshore and onshore infrastructures, the 36,500 employees of Technip propose the best solutions and most innovative technologies to address the global energy challenge. The engineering company constructs subsea worksites, designs and supplies piping networks, and sells fixed or rigid pipelines to companies with onshore and offshore needs.
The Challenge
Technip, a world leader in project management, engineering, and construction for the energy industry, faced challenges in optimizing the design of its installations to meet the needs of the oil and gas giants. The company was using manual methods for equation data production and entry into Excel, which led to many errors. The company also needed to adapt quickly to the many developments in calculation over the past 20 years. The design office needed a solution that could provide high transparency and perfect legibility for all operations carried out, which was not possible with Excel.
The Solution
Technip equipped itself with PTC Mathcad, a technical calculations software developed by PTC. The software reduced operations to a minimum by automating the analytical calculation process. It also enabled Technip to adapt far more quickly to the many developments in calculation over the past 20 years. PTC Mathcad offers the advantage of providing high transparency and perfect legibility for all operations carried out. The software's presentation capacities made it possible to obtain a high degree of calculation transparency and therefore enabled simple and efficient verification. The software also proved highly useful in terms of a log in the event of auditing, particularly in the area of quality control.
Operational Impact
Quantitative Benefit
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