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Fluor uses IBM Watson for project management

Staff Report //September 18, 2018//

Fluor uses IBM Watson for project management

Staff Report //September 18, 2018//

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Fluor Corp. and IBM are using artificial intelligence-based systems to predict, monitor and measure the status of engineering, procurement, fabrication and construction megaprojects from inception to completion.

Fluor’s engineering, fabrication, construction and supply chain expertise, coupled with artificial intelligence and analytic technologies from IBM Watson, forms the foundation for big data analytics and diagnostic systems that help predict critical project outcomes and provide early insights into the health of projects, according to a news release.

Large capital projects, especially in the energy and chemicals, and mining and metals markets, are complex with large amounts of data, people and moving parts that are constantly changing and need to be understood to keep a project on schedule and budget, the release said. Fluor and IBM have worked together to develop tools to manage the moving parts across the life cycle of capital projects.

“The ability to rapidly analyze and comprehend big data that drives decisions at any point throughout the engineering, procurement, fabrication and construction of today’s megaprojects is an imperative for the success of our company and the protection of our clients’ capital investments,” said Ray Barnard, Fluor’s senior executive vice president of systems and supply chain, in the release.

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