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How Drone Data Capture and a Visual Intelligence Platform Offer Unparalleled Insight into Capital Project Delivery

  • Oct 31, 2022
  • Barry Mcginn
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Abstract

Abstract The construction industry is recognising the increasingly important role of digital technology in delivering capital projects on time and within budget. Over 95% of major projects (over $1bn) are delayed or over budget, according to a report by Accenture. Project owners are under pressure to become more efficient, innovative, and ambitious in how they operate, they are turning to digital technologies to enable full project visibility and evidencing data to make more informed decisions. The execution of capital projects within the energy sector is typically complex and often relies upon information being shared between the site and globally dispersed project teams. Determining a holistic view of a capital project can be challenging. Storing and interpreting key data associated with planning resources, equipment allocation, utilization and coordinating the delivery of raw materials only compound the challenge of effective reporting. Traditionally, assessing the status of a project was heavily reliant on paper-based processes. This was a difficult method to collate and manage valuable project information centrally and key stakeholders often had to make decisions based on partial data. The process relied on management's presence frequently onsite and a ‘boots on the ground’ approach to visual inspection. Large volumes of data were often captured by quality inspectors and construction engineers which was an arduous and time-consuming task.

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