How VEERUM saved a major industrial client $2.5M+

When faced with escalating costs and mounting inefficiencies during their Recycle Cooling Water project, a major industrial client turned to VEERUM for help. VEERUM DigitalTWIN transformed their operations by unifying siloed data into an accessible 3D model and enabling remote collaboration across teams. The result? Over $2.5M in savings and a streamlined workflow that maximized productivity.

Client challenges

The client faced significant obstacles that threatened their ability to deliver on time and within budget. First, they were under immense pressure to reduce costs and improve productivity in a high-stakes environment. The team struggled to balance these demands with existing workflows, which were bogged down by inefficiencies. Adding to the complexity, essential asset data was scattered across multiple disconnected systems, including SAP, CDMS, and TDocS. This made it difficult to access accurate information quickly, leading to delays and increased costs.

Another major pain point was the need for frequent site visits. Stakeholders often had to travel to verify site conditions in person, which not only consumed valuable time but also added unnecessary expenses to the project. Together, these challenges created bottlenecks that impacted every phase of the project, from design to construction.

VEERUM’s solution

At the core of the solution was a unified, geo-referenced 3D model that consolidated all of the client’s asset data, including survey information, into VEERUM DigitalTWIN. This model was securely accessible from any web browser, allowing teams to work from the same source of truth and eliminating the inefficiencies caused by siloed systems.

To enhance data quality assurance, VEERUM integrated multiple scans into a common environment, ensuring reliable engineering validation. The platform also facilitated engineering design reviews by utilizing point clouds to identify and resolve design issues before fabrication and field execution. This prevented costly errors and reduced the need for rework.

VEERUM further optimized the client’s workflows by integrating with SharePoint EWPs, streamlining information management during bidding and procurement phases. This enhanced communication and alignment across teams. Fabrication quality assurance was another key focus, with the platform enabling digital QA/QC processes to confirm that spools met tolerance specifications before delivery to the site.

Finally, VEERUM DigitalTWIN supported shutdown and turnaround planning by enabling remote project planning. This significantly reduced the hours required on-site and improved transparency across the organization. These features collectively empowered the client to address their challenges while unlocking new efficiencies at every stage of the project lifecycle.

Results

The impact of VEERUM DigitalTWIN was substantial, delivering both measurable savings and improved operational performance. By identifying and resolving over 50 potential engineering clashes early, the client saved $250K. With additional clashes projected to be avoided by project completion, the potential savings could reach $2-4M. During procurement, VEERUM helped the team reduce material allowances, cutting costs by $50K. The construction phase also saw major improvements, avoiding clashes that would have added $1M in additional costs.

Productivity improvements were equally impressive. By increasing field productivity by 2%, the client saved $1.4M. Meanwhile, the elimination of 12 site visits saved $48K, further reducing project costs. Altogether, VEERUM’s solution delivered over $2.5M in savings, with a return on investment as high as 40x during the pilot phase. 

VEERUM’s DigitalTWIN platform proved to be a game-changer for the client, transforming the way they managed data and collaborated across teams. By unifying their asset information and enabling remote decision-making, VEERUM not only addressed immediate challenges but also set a new standard for efficiency and cost savings in industrial projects.

If your organization is facing similar challenges, it’s time to explore how VEERUM canhelp your team work visually. When you have the right data at your fingertips, you can avoid the chaos and make every decision count. Speak to one of our experts to get started today.