Bechtel Honored for Pipeline Integrity Management Tool
Bechtel has been awarded the prestigious 2018 Digital Edge 50 Award in recognition of its new Pipeline Integrity Management (PIM) tool. With support from Bechtel’s Future Fund, an internal incubator which finances development of disruptive technologies, innovators from the company’s pipeline business designed the tool to help customers prioritize critical pipeline integrity work and improve overall safety. The tool integrates pipeline data, Geographic Information Systems (GIS) and data-science modelling to help customers better forecast maintenance and replacement of pipeline systems.
“Bechtel has built more than 50,000 miles of pipeline – enough to circle the Earth twice,” said Richard Wall, Bechtel’s General Manager for Pipelines. “This extensive experience, combined with our data analytics capabilities, is allowing us to build new predictive models and deliver unparalleled digital solutions for new and existing customers” “Our PIM tool is one of our key competitive advantages in this sector and we are honored to receive this important award in recognition of the impact it will have across the pipeline industry.”
The PIM tool utilizes massive geospatial data sets and proprietary algorithms, creating detailed risk assessments based on over 100 parameters and relationships known to contribute to pipeline failures. This data is then used to analyze the impact of incremental changes in material, construction and geospatial characteristics along the length of the pipeline. Utilizing Bechtel’s Big Data & Analytics Center, the PIM tool can analyze hundreds of thousands of welds and joints of pipe in a matter of minutes, providing valuable assessments of a customer’s pipeline system in record time.
Each year, the Digital Edge 50 Award recognizes a select group of digital achievers whose organizations have made great strides toward being a digital-centric business. Entries are judged by a distinguished panel of IT and business leaders on criteria including innovation, complexity, scale and impact.
Related News
From Archive
- OSHA issues 16 citations following fatal sewer confined space incident
- 27 pipeline safety violations tied to deadly Pa. chocolate factory explosion
- Contractor gas line strike triggers home explosion in Missouri
- LA recovery reports call for $650 million power line burial, major utility upgrades in Pacific Palisades
- Comprehensive microtrenching FAQ: Key insights on the Vermeer MTR516 microtrencher
- T-Mobile to expand fiber broadband infrastructure footprint with $4.9 billion Metronet acquisition
- First tunnel boring machines complete testing for Hudson Tunnel Project
- NWPX grows water infrastructure portfolio with Colorado precast facility
- Cityside launches $100 million fiber build in Corona, Calif.
- FiberLight to build 1,400-mile West Texas dark fiber network in $350 million expansion
Comments