PlantFCE

Drive Strategic Insights with Business AI

Intelligent analytics and actionable insights for decision-makers. Leverage data to predict trends, optimize strategies, and achieve measurable results.

Historical Cost Analysis

Leverages a vast database of historical cost data to identify trends and patterns. Supports benchmarking against industry standards to validate estimates.

Economic Data Integration

Automatically integrates current economic indicators such as inflation rates, commodity prices, and currency exchange rates. Updates cost estimation models in real time based on global and local economic conditions.

Trend Prediction

Uses advanced machine learning algorithms to forecast future cost trends. Provides insights into market volatility, material availability, and labor cost fluctuations.

Scenario Analysis

Allows users to simulate multiple cost scenarios by altering variables such as material costs, labor rates, and project timelines. Generates risk-based cost profiles to identify potential budget overruns or savings.

Smart Cost Adjustments

Adjusts estimates dynamically based on updated input parameters, ensuring accuracy throughout the project lifecycle. Recommends cost-saving alternatives without compromising quality or compliance.

Integration with PlantFCE Suite

Seamlessly integrates with tools like Smart MTO, Auto Router, Cost AI, and mD to validate and enhance cost data. Centralized repository for all cost estimation data to ensure consistency and accessibility.

Industry-Specific Insights

Customizable for industries such as oil & gas, chemical, and infrastructure projects. Provides tailored insights and recommendations based on industry-specific cost drivers.

Real-Time Dashboard

Intuitive dashboard with visual representations of cost trends, forecasts, and recommendations. Offers drill-down capabilities for detailed analysis at project, item, or component levels.

Collaboration Tools

Enables multi-user collaboration for reviewing and refining cost estimates. Tracks and logs user contributions to ensure accountability and transparency.

Regulatory Compliance Support

Ensures cost estimates adhere to relevant local and international regulatory standards. Alerts users to potential compliance risks related to costs or procurement.

AI-Powered Recommendations

Suggests alternative materials, suppliers, or methods to optimize costs. Flags areas of high cost variability for closer scrutiny and decision-making.

Customizable Reporting

Generates detailed and summary reports tailored to different stakeholders. Includes predictive cost trends and scenario outcomes for strategic planning.

Audit Trail Integration

Links seamlessly with Trails AI for a transparent record of all cost-related decisions and changes. Provides timestamped, user-specific logs for compliance and accountability.

Localization and Globalization Support

Incorporates region-specific cost data to accommodate local markets. Adjusts for global project execution by considering cross-border cost factors like tariffs and logistics.

eAI

eAI (Opens in a new tab)

Markup and enrich P&IDs with by adding custom data properties, allowing for data-driven insights.

SmartMTO

Smart MTO

Use Smart MTO to generate MTOs for alternative routings generated by the Auto Router.

SmartReports

Smart Reports

Smart Reports generate standard and custom reports for MTOs, Costs, Audits and Monitoring.