Major hydropower figures identify project communication inefficiency as primary concern
Brentford, UK – January 22nd, 2010 – CTSpace, a global provider of document management and collaboration workflow applications for the construction and engineering industry, interviewed representatives from some of the world’s leading Hydropower companies (SNC Lavalin, EDF, ABB, Atkins Ltd., etc.) at the HYDRO 2009 event in Lyon, France on October 28, 2009.
The consensus opinion from these representatives was that though hydropower has shortcomings in the cost and length of its projects, the industry expects to gain the most from the extraordinary rise in demand for “green” energy sources as the safest and most proven form of renewable energy. Many stressed that the primary challenge for the industry is the necessity to strengthen the lines of communication on its projects in order to reduce project cost and length, thereby making its projects more attractive to investors.
(Videos of these interviews can be accessed here.)
“Communication is the key to a successful project,” said Ulli Wiedenmann, a Senior Project Manager at Bauer Spezialtiefbau. Many also exhorted the use of project management tools to achieve greater communication efficiency. Suzanne Leblanc, Vice-President of Hydro & Power systems at SNC Lavalin, was very positive about project management tools, commenting, “We use management tools that allow us to have access to a common database. Because often we have partners in different countries, we need to have a common language and this tool becomes the common language, so we have a schedule online for everyone to consult, and it becomes easier to share the information.”
The interviews also touch upon such topics of signal importance to the hydropower industry as environmental protection and risk management.
As a policy CTSpace keeps in close contact with the market and its related issues and challenges in order to remain at the cutting edge of Engineering and Project Content Management. CTSpace’s interviews from the HYDRO 2009 and any future video features from the company can be viewed on its YouTube channel at http://www.youtube.com/user/swordctspace.
To read the PDF Press Release, please click here.
About CTSpace‘s Fusion solutions
CTSpace is unique in offering both online ‘software as a service’ (SaaS) solutions (FusionLive) and on premises enterprise solutions (FusionEnterprise).
FusionEnterprise® is a specialist Content Application for your Capital Projects and Operations that works hand-in-hand with your current ECM platform. It has been specifically designed to manage engineering documentation in the context of a construction project or operating plant or facility. It supplements an organization’s chosen ECM system (such as IBM FileNet®, EMC Documentum®, Microsoft SharePoint®, Oracle UCM®, or CTSpace’s Cimage®) with modules that optimize the business processes of an enterprise from top-to-bottom, from project management to workflow management. FusionEnterprise also provides a complete integration with CTSpace's dynamic Cloud-based Document Management & Project Collaboration solution FusionLive.
FusionLive® is a new Cloud-based Document Management & Project Collaboration solution, specifically designed for the construction and engineering industries. As a next-generation Software as a Service (SaaS) solution, FusionLive brings together advanced document management features from BuildOnline with the robust business processes of Citadon CW, while upgrading its user interface to the most state-of-the-art technology available today. It is hosted at several secure Data Centers around the world. It offers low cost of ownership and the system can be implemented within 24 hours. It takes literally minutes for any new organization to start collaborating on a project.
When integrated, CTSpace’s global solution provides a best practices environment that supports a project’s entire lifecycle: from design, through construction, and into operations and maintenance.
About CTSpace
CTSpace provides document control, cost management and business process automation solutions to companies with capital assets to design, engineer, construct and maintain in any location in the world. More than 145,000 professionals on 13,000 projects in 56 countries benefit through improved collaboration, enhanced ability to manage schedules and risks, and improved regulatory compliance. CTSpace is unique in offering both online ‘software as a service’ (SaaS) solutions and on premises enterprise solutions, the latter of which leverage an organization's existing investment in leading ECM platforms. CTSpace is part of the Group of companies. For more information, please visit www.sword-ctspace.com
About Group
Group (NYSE Euronext: FR0004180578 SWP) delivers high value business applications to the world’s largest companies globally. With operations in 37 countries, today employs around 1,700 people and generates more than $270m in consolidated revenue. An international leader in the delivery of Business Process Improvement solutions, Sword’s skills, infrastructure and experience help our customers across regulated industries optimize performance, increase efficiencies and maximize return on investment. With flexible delivery options, including On Demand and On Premises, combined with our extensive industry expertise, provides comprehensive support to customers across insurance & healthcare, energy, banking & finance, telecoms, utilities, engineering & construction and the public sector. For more information, please visit www.sword-group.com.
Note to editors:
Follow us on Twitter @ http://twitter.com/Sword_CTSpace
See us on YouTube @ http://www.youtube.com/user/swordctspace
Media contacts: Lydie Francart – Global Marketing Director, CTSpace
Tel: +33 (0)1 4467 2420 - lydie.francart(at)sword-ctspace.com