Wärtsilä’s EPC ensures risk management
01 December 2017
Wärtsilä is witnessing the rise of utilities into an important customer segment. The oil and gas industry has fallen on tough times, utility-scale solar projects with a full Engineering, Procurement and Construction (EPC) are growing fast. Wärtsilä Energy Solutions has completed over 500 EPC projects worldwide.
A major trend affecting EPC contractors is rising protectionism. Wärtsilä are seeking local partners to work in many geographies. Political instabilities and weather patterns may impact project and delivery schedules.
All of these trends underline the understanding and capacity for risk mitigation, including the allocation of risks between project participants.
Along with standardised EPC concept and local knowledge, Wärtsilä depends on digital technologies. Digital tools support the online communication between the customer, Wärtsilä and other project participants, and enhance the efficiency and transparency of project work among all the participants.
These digital tools include DCM365, which provides real-time information to all the project stakeholders, Site 365 for the management of construction site information, SQAD, which generates and configures projects’ quality assurance and LOGWIS for project logistics and material management. With these information systems, Wärtsilä is able to offer schedule and performance guarantees for the entire solution.