Measuring cost and time savings for instrumentation design
AVEVA, Cambridge, one of the world's leading providers of engineering design and information management solutions for the plant, power and marine industries, announced the worldwide launch of the Instrumentation Business Value Calculator (BVC), a brand new interactive tool that calculates the savings that can be achieved by engineering companies by adopting the latest instrumentation technology.
The BVC is said to assist with estimating the time and cost savings a business could achieve by implementing AVEVA Instrumentation, a true lifecycle solution for designing, installing and maintaining instrumentation in both plants and ships.
Based on typical working practices and feedback from the users of AVEVA Instrumentation, the BVC as per company demonstrates the savings that are achievable in a real project. Using parameters such as head count, hourly costs and input/outputs which users can input themselves, they can calculate savings in man hours and money across a number of deliverables.
The BVC highlights the major benefits of AVEVA Instrumentation such as more productivity through catalogues and rule-based automation, and better project quality through right first time design and automatic, accurate materials and production information.
