Extreme weather events, the energy transition, aging populations leaving the workforce and mass migration are just some of the factors creating economic uncertainty that can lead to delays in the capital project approval process. This is compounded by the fact that, according to a McKinsey analysis of over 500 global capital projects, almost
There is typically an upfront investment required to deploy instrumentation and establish a platform that enables the right automation. You need to invest time and resources to set a course that gives you confidence. Fully understanding the practicalities of design and operations by packaging automation and efficiency with domain expertise will be critical to supporting the UAE’s rapid growth.
For example, if you operate a water utility and are interested in leak detection and reduction, don’t focus on only one section of the network or you may miss downstream contributing factors. Balancing active control and manual intervention with automated operations can enable quick and well-informed investment decisions. These investments are often made at the project level and assigned to project managers who generate a manageable scope of work that is often put to a competitive bid. It’s then handed over to operators tasked with maintaining utility performance.