Hexagon forges a strategic alliance with Deloitte’s infrastructure, capital project and portfolio management practice, focusing on enterprise project performance
NEW YORK and HUNTSVILLE, Ala. – 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.”
For further information, please contact:
Jerry Felts, Influencer Relations Specialist/Global Communications Manager
Hexagon’s PPM division
Tel: +1.256.730.3074
Email: jerry.felts@hexagon.com
About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. Our people come together for the greater good and work across the industry sectors that drive and shape today’s marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthier society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Building on more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s more than 330,000 people worldwide connect for impact at www.deloitte.com.
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About Hexagon
Hexagon is a global leader in digital reality solutions, combining sensor, software and autonomous technologies. We are putting data to work to boost efficiency, productivity, quality and safety across industrial, manufacturing, infrastructure, public sector, and mobility applications.
Our technologies are shaping production and people-related ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future.
Hexagon’s PPM division empowers its clients to transform unstructured information into a smart digital asset to visualize, build, and manage structures and facilities of all complexities, ensuring safe and efficient operation throughout the entire lifecycle.
Hexagon (Nasdaq Stockholm: HEXA B) has approximately 21,000 employees in 50 countries and net sales of approximately 3.8bn EUR. Learn more at hexagon.com and follow us @HexagonAB.