Hexagon’s Asset Lifecycle Intelligence division announced today a 50% increase in investment toward research and development to enhance their Enterprise Project Performance (EPP) solution, EcoSys. Fueled by EcoSys’ continued popularity within the marketplace and its central role within Hexagon’s core initiative, the Smart Digital Reality™, Hexagon made a further commitment to invest in the software. As a result, the EcoSys team began resource hiring in June 2022 to support the hiring goal. This goal is expected to be completed by the end of 2022. The increased efforts to enhance EcoSys capabilities will foster many new empowering capabilities for customers, including: 

  • Improvements to the UI/UX 
  • New and improved mobile application and functions 
  • Risk and Contingency Management 
  • Asset Investment Planning 
  • Additional out-of-the-box integrations between EcoSys Connect and leading industry solutions that support project performance.

“We are continuing to build and accelerate our roadmap as new resources are on-boarded,” Hexagon’s Director of Portfolio Strategy and Enablement, Corey Short, spoke excitedly of the future of EcoSys. “We look forward to continuing to work with our customers to expand the EcoSys solution over the coming years, in order to ensure that it remains the leading Capital Portfolio and Project Controls/Management solution.”

 

EcoSys & the Smart Digital Reality 

Hexagon’s EcoSys is an Enterprise Project Performance (EPP) solution that consolidates all project data into a single pane of glass to enhance visibility, influence better decision-making and maximize returns across an organization. EcoSys is the only software in the industry that natively combines portfolio management, project management and project controls into a single, integrated platform. EcoSys empowers project industry leaders to make strides toward digital transformation within their project operations, allowing them to increase efficiency, predictability and control while achieving their business objectives. 

EcoSys also acts as a pillar of Hexagon’s core initiative, the Smart Digital Reality. The Smart Digital Reality will provide a unified, role-based, real-time view of the physical and digital realities across an enterprise’s project and asset portfolios. EcoSys greatly contributes to the project planning and execution process areas of the initiative. It further assists in enabling the key design and maintenance process areas, most notably in leveraging EcoSys’ digital progress and asset investment planning capabilities. 

 

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.

Hexagon’s Asset Lifecycle Intelligence division helps clients design, construct, and operate more profitable, safe, and sustainable industrial facilities. We empower customers to unlock data, accelerate industrial project modernization and digital maturity, increase productivity, and move the sustainability needle.

Our technologies help produce actionable insights that enable better decision-making and intelligence across the asset lifecycle of industrial projects, leading to improvements in safety, quality, efficiency, and productivity, which contribute to Economic and Environmental Sustainability.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 23,000 employees in 50 countries and net sales of approximately 4.6bn USD. Learn more at hexagon.com and follow us @HexagonAB.

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