The shipbuilding industry is facing several challenges. Increased customer demand must be balanced against customer supply chain uncertainty, new regulatory requirements and an industry-wide effort to reduce carbon emissions.
Lockdowns and the pandemic response have caused significant economic shock. But despite this, the shipbuilding industry continues to grow, expected to top $178 billion by 2026.
More than increased volume of demand however, shipbuilders must contend with a changing list of customer requirements. New ships need to be more eco-friendly, efficient, and cost-effective. And they need to be delivered more quickly too.
Digital transformation – the use of data to make smarter strategic decisions – is going to be essential to overcoming the challenges of the future. However, an over-reliance on legacy processes and systems means that shipbuilders are now struggling to keep pace with industry change. A lack of operational visibility makes it harder than ever to meet customer requirements and regulatory demands while containing costs and maintaining profitability.
Key Benefits of EcoSys for the Shipbuilding Industry
EcoSys helps you manage a high volume of complex projects, giving you the tools to ensure projects are delivered on-time and within budget. Improve your project performance through:
Improve access to data for portfolio management and project estimations. Your teams will be able to work more efficiently and accurately.
Achieve complete end-to-end visibility of every project using industry 4.0 concepts for on-the-fly improvements and adjustments.
Use data to improve the accuracy, reliability and timeliness of forecasting to avoid project delays and cost overruns.
Better Management Delivers Greater Returns
Collecting, analyzing, sharing, and actioning data more effectively provides the basis for improved operations, product quality, customer service, and site safety. The digitally mature shipbuilder uses this data to make informed strategic decisions that deliver greater returns more quickly and help to better manage projects and budgets in the face of market uncertainty.
This eBook outlines the three main challenges facing shipbuilders – and how to overcome them all using data more intelligently. You’ll also read how one shipbuilder uses EcoSys Enterprise Project Performance to handle 25 million transactions – and improve their shipbuilding processes too.