project cost savings potential from emerging construction … · 2016. 9. 14. · project cost...
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Project Cost Savings Potential from Emerging Construction Technologies – Panel Discussion
© 2016 Willis Towers Watson. All rights reserved.
22nd Annual Willis Towers Watson Construction Risk Management Conference
September 14, 2016
Corey Haygood, Bechtel Chad Hollingsworth, Triax Technologies Antti Korhonen, Redpoint Positioning Corp. Mark Dowsett, Caterpillar Safety Services Mike Fredebeil, Willis Towers Watson, Moderator
Innovation at Bechtel: The Future Fund
© 2016 Willis Towers Watson. All rights reserved.
22nd Annual Willis Towers Watson Construction Risk Management Conference
September 14, 2016
Bechtel
Corey Haygood, Venture Manger
© 2016 Willis Towers Watson. All rights reserved. Proprietary and Confidential. For Willis Towers Watson and Willis Towers Watson client use only. 3
Who we are and what we do
Bechtel Overview
Bechtel Overview
4
Who We are
© 2016 Willis Towers Watson. All rights reserved. Proprietary and Confidential. For Willis Towers Watson and Willis Towers Watson client use only.
Bechtel is one of the most respected global engineering, project management, and construction companies, and a pioneer of innovation in the industry. We partner with our customers to deliver landmark that foster long-term progress and economic growth.
Curtis Island Projects, Queensland
#1 contractor 18 consecutive years
Bechtel Overview
5
Engineering Experience
© 2016 Willis Towers Watson. All rights reserved. Proprietary and Confidential. For Willis Towers Watson and Willis Towers Watson client use only.
Confidence in Delivery ... One-third of global LNG capacity ▪ 150+ nuclear projects in the world. ▪ 300+ subway
and rail projects ▪ 6,214 miles/10,000 kilometers of railroads ▪ ~56,000 miles/90,000
kilometers of pipeline systems ▪ 220,000+ megawatts ▪ 17,200+ miles/27,700 kilometers
of highways ▪ 275+ refinery expansions and modernizations ▪ 380 major chemical and
petrochemical projects ▪ 250 miles/400 kilometers of tunnels ▪ 50 hydroelectric power
plants ▪ 40+ major copper projects ▪
80+ ports and harbors ▪ 100+ transmission substations ...
Jubail Industrial City, Saudi Arabia
Bechtel Overview
6
Projects Around the World
© 2016 Willis Towers Watson. All rights reserved. Proprietary and Confidential. For Willis Towers Watson and Willis Towers Watson client use only.
Since 1898, Bechtel has delivered more than 25,000 projects in 160 countries on all 7 continents
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Trends and focus areas Innovation at Bechtel
© 2016 Willis Towers Watson. All rights reserved. Proprietary and Confidential. For Willis Towers Watson and Willis Towers Watson client use only.
Innovation at Bechtel
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Industry Trends
© 2016 Willis Towers Watson. All rights reserved. Proprietary and Confidential. For Willis Towers Watson and Willis Towers Watson client use only.
Innovation at Bechtel
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Technology/Outside Trends
© 2016 Willis Towers Watson. All rights reserved. Proprietary and Confidential. For Willis Towers Watson and Willis Towers Watson client use only.
Source: Computing Magazine 2016
Innovation at Bechtel
© 2016 Willis Towers Watson. All rights reserved. Proprietary and Confidential. For Willis Towers Watson and Willis Towers Watson client use only. 10
The Future Fund
A multi-million fund managed by our Chief Innovation Officer to enhance Bechtel’s culture of innovation by stimulating the creation, acceptance and adoption of ideas which lower our selling price and/or create competitive differentiators, while adding value to our customers § Multi-year horizon § Ideas crowdsourced by Bechtel employees
§ Over 200 ideas submitted in first 6 months § Millions of dollars committed
§ Engaging with external parties – academia, start-ups, and innovation groups – but focus is internal § ~65% internal development § ~35% external co-development
§ Focus on real project-level pilots and experimentation § Fail-Fast / Fail-Safe § Take risk off project while still learning in the field
Wireless Technologies
Innovation at Bechtel
11
Site Infrastructure
© 2016 Willis Towers Watson. All rights reserved. Proprietary and Confidential. For Willis Towers Watson and Willis Towers Watson client use only.
Information at Work Front
Virtual Design &
Construction (BIM/5D)
Location Services
Innovation at Bechtel
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Data Collection and Analysis
© 2016 Willis Towers Watson. All rights reserved. Proprietary and Confidential. For Willis Towers Watson and Willis Towers Watson client use only.
Wearable Sensors
Unmanned Aerial
Vehicles
Material & Equipment Tracking
Predictive __
Smart __
Handheld Devices
Innovation at Bechtel
13
Modifying Work Activities
© 2016 Willis Towers Watson. All rights reserved. Proprietary and Confidential. For Willis Towers Watson and Willis Towers Watson client use only.
Automated Equipment
Augmented & Virtual Reality Robotics
Exo-Skeletons
Thank You! Panel Discussion Questions?
© 2016 Willis Towers Watson. All rights reserved. Proprietary and Confidential. For Willis Towers Watson and Willis Towers Watson client use only. 14
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