Hexagon’s PPM division, a leading global provider of enterprise project performance (EPP) and engineering software for the design, construction and operation of industrial facilities, today announced a strategic alliance with Deloitte’s capital assets advisory services practice, which helps client organizations manage and enhance complex investments more effectively. The alliance furthers Deloitte’s existing focus on critical infrastructure and capital project and portfolio management.
Capital projects will continue to be the lifeblood of transformation in any industry as companies pivot, reframe or continue to invest in new growth strategies to create efficiency and return on investment for their shareholders in changing market conditions. This constant evolution exerts pressure on clients to adopt a data-driven execution strategy to improve capital efficiency.
Together, Hexagon and Deloitte will aim to help clients accelerate their transformation of capital project and portfolio management, inclusive of helping them to address capital planning, control and asset operational challenges with organizations spanning multiple verticals and geographical markets.
“As our clients face constant pressure to evolve their business processes and management of major capital asset and critical infrastructure projects, this new strategic alliance will offer those organizations contending with capital planning, control and asset operational challenges – within one industry vertical or geography, or multiple – both Hexagon’s EPP technology and Deloitte’s services to manage throughout a project’s lifecycle,” said E. J. Huntley, Deloitte Risk & Financial Advisory’s capital asset advisory leader and a principal, Deloitte Transactions and Business Analytics LLP.
“Deloitte is a leader in positioning capital assets for success by translating complex landscapes into sound processes,” said Mark White, senior vice president for Portfolio Strategy & Enablement, Hexagon’s PPM division. “We’re excited to leverage their experience with Hexagon technology like EcoSys™ Enterprise Project Performance software, where the combination will deliver greater efficiency, predictability and control to organizations working to derive superior strategic and financial performance from their capital projects.”
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