Digital transformation of capital projects
Groundbreaking innovation for the engineering and construction industry.
Virtual event series 2021
Consumer Goods Forum Industry X virtual events
Are your projects running over time and budget?
You’re not alone. The construction of today’s capital projects looks very similar to how it did 50 years ago. The difference is, today’s project costs twice as much. That’s in part because, despite accounting for the 13% of global gross domestic product (GDP), the construction industry ranks among the least digitally enabled. This lag has resulted in a lack of transparency across the value chain, which in turn causes a lag in productivity, and puts budgets, schedules and asset performance at risk.
So are everyone else’s
Only 25%
of capital projects come within 10% of original deadlines.
Just 31%
of them come within 10% of their cost baselines.
Over 95%
of major projects (over $1bn) are delayed or over budget.
We’re here to help fix what’s broken …
Accenture has helped clients from a wide variety of industries improve their portfolios, projects, and capital asset performance. Client success examples include:
Technology businesses struggling to reliably deliver and start-up new data centers on time and budget.
Public agencies unable to modernize transit and other infrastructure to drive regional GDP growth.
Utility companies under pressure to build new capacity in order to meet growing demand.
Manufacturers seeking to increase both the safety and remote serviceability of sites during the COVID-19 crisis.
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“Plug-and-play” capabilities for your portfolio
We’ve already built the platforms, tools, and digitally-enabled processes you’ll need to improve your next project. Reduce costs and improve performance with any of these:
Engineering & project operating model design
- Digital Strategy, Roadmap &
- Business Case
- Operating Model Design
- Lean Business Processes
- Operational Readiness
- Portfolio Analysis Strategy
Plant & asset digital twin and thread
- Project Information Handover
- Project Lifecycle Management
Capital projects command center
- Project Management &
- Portfolio Management
- Advanced Project Control &
- Assurance
- Supply Chain Visibility
- Enhanced Contracts
Generative design studio
- Automation & AI to Concept Design
- Project & Asset Digital Thread
Connected construction
- Project Delivery Optimization
- Worker Mobility Solution
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Capital projects: Driving value from digital
This survey-based piece explains how both project “owner-operators” (e.g. industrial companies) and engineering, procurement and construction firms (the companies building the projects) can make more of the digital capabilities and data they already have.
The report also introduces a new management framework, called “CAPSTONE”, which can help owner-operators and engineering, procurement and construction companies to improve returns on capital expenditures and margins, respectively.
Drive higher returns through digitization and with data-driven insights.
Case studies
Petrofac and Accenture are digitally transforming upstream operations, engineering and construction services.
BP implemented two innovative products to keep its people safe while working faster and more reliably.
Covestro's integrated plant and engineering platform is driving performance and efficiency.
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Awards & recognition
Expertise you can build upon: Independent research organizations continuously recognize Accenture as a best-in-class provider of operations consulting, solutions, and services.
RECOGNIZED AMONG
Verdantix 2020 Green Quadrant for Operational Excellence Digital Services
A worldwide leader in this market.RANKED NO.1 ON
HfS Top Ten Report for Industry 4.0 Services 2019
Accenture ranked No.1 overall in 2019.RANKED NO.1 ON
HfS Top 10 Manufacturing Service Providers 2019
Accenture ranked No.1 overall in 2019.
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Acquisitions
Our capabilities are strengthened and expanded through key acquisitions that bring new strategy services and expertise to our clients at speed. Access to leading industry players and specialists gives your business a competitive edge.
Pollux
March 1, 2021: Expanding Accenture’s industrial robotics and automation solutions. Read more.
Myrtle Consulting Group
October 9, 2020: To expand Industry X's manufacturing and supply chain capabilities. Read more.
SALT Solutions
Expanding Industry X’s digital manufacturing, operations and supply chain business in Germany. Read more.
Callisto Integration
May 5, 2020: Strengthens Industry X’s ability to make manufacturing more efficient and flexible. Read more.
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What we think
Drive higher returns through digitization and with data-driven insights.
Explore how to better connect your business functions.
Our latest research reveals how leading companies are stepping up to reinvent their industries.
Why do Digital Initiatives in Capital Projects fail?
Accenture’s Andy Webster explains at SupplyChainBrain
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Our leaders
filter result
Andy Webster
Managing Director – Industry X, Capital Projects, Global Lead
Mirko Stock
Managing Director – Industry X, Capital Projects, Global Client Engagement Lead
Johan Kroon
Managing Director – Industry X, Capital Projects, Europe Lead
Franz-Josef Pohle
Managing Director – Industry X, Capital Projects, ASGR Lead
Colin Ellam
Managing Director – Industry X, Capital Projects, UKI Lead
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Related industries
In every country around the world, we help clients lead in their industry, capitalize on industry convergence, and foster cross-industry connections to improve performance and explore new growth opportunities.
