World's Largest Copper Producer Standardizes on EMC Solution to Manage Engineering Content and Process Flow
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Press release date: October 23, 2012
Codelco Automates Key Business Processes, Enhances Collaboration and Speeds Content Retrieval from Hours to Minutes with EMC Documentum EPFM
HOPKINTON, Mass. - EMC Corporation (NYSE: EMC) today announced that Chilean state-own Codelco, the world's largest copper producer, has implemented EMC(®) Documentum(®) Engineering, Plant, and Facilities Management solution (EPFM) to securely access, manage, share, and transmit mission-critical engineering content across the organization and its global network of suppliers. By standardizing on EPFM, Codelco has increased operational efficiencies and enhanced collaboration while minimizing risks.
· Enhanced Collaboration - Centralized information management infrastructure enables Codelco to securely access the most up-to-date construction site information and engineering files - boosting document retrieval time from 10 hours to 10 minutes and enhancing the exchange of information across the organization and with external suppliers.
· Increased Efficiencies - With EPFM, Codelco improved transmittal process and streamlined operational efficiencies by automating core business processes. Time-sensitive documents are now routed electronically through pre-built workflows, reducing the review and approval process from days to hours.
· Improved Business Agility - EPFM enables Codelco to support thousands of users, establish best practices and ensure on-time project delivery through a repeatable, industry-based and fully configurable solution.
Customer Challenges and Solutions:
As the world's top copper producer, Codelco manufactures approximately 1.6 million tons of fine copper per year and holds 20% of the world's copper reserve. With 18,000 employees and an aggressive copper mine expansion strategy, Codelco needed a centralized information management solution to better manage complex design, engineering and construction projects; boost the efficiency in existing mines and ensure on-time project delivery while meeting compliance with relevant environmental, health and safety regulations. Codelco also needed to ensure that information management best practices could be re-issued time and time again as they expanded operations.
Codelco turned to EMC and selected EPFM for its easy deployment and low total cost of ownership. With EPFM, Codelco has improved operational efficiencies, and achieved greater collaboration across the enterprise and with external suppliers by providing secure access to project-related information and automating core business processes. In addition, Codelco eliminated the risk of misfiling or losing project data while reducing time to retrieve critical engineering documents from hours down to minutes.
Eugenio Gomez, Technology Platform Director, Projects Vice-Presidency, Codelco
"During large engineering and construction projects, it is critical to have immediate access to project and engineering information as individuals across the globe - employees, subcontractors and vendors - must collaborate on the creation, review and approval of a wide variety of project and engineering documentation. With Documentum EPFM, we are securely and effectively creating, sharing, maintaining large volumes of engineering-related content that is critical to the entire asset management lifecycle. As a result, we have streamlined approval and transmittal processes, enhanced collaboration, gained user acceptance and developed best practices."
About EMC Documentum EPFM
Documentum EPFM is a fully-configurable solution designed to address common challenges faced by energy plants, engineering and construction companies and facilities teams within large enterprises, namely misplacement and/or loss of critical project data, lack of collaboration and content sharing, and high risk due to non-compliance. The solution combines industry best practices with the enterprise-level capabilities of EMC Documentum and an architecture that enables tight integration with existing systems such as CAD and project management software.
EPFM offers various deployment options - on-premise, off-premise or both. For off premise deployment, EPFM OnDemand delivers a high value purpose-built application as hybrid-cloud managed service. Many projects can be resource-intensive over short periods of time, making the delivery of this capability as a cloud-based service especially compelling for lowering the total cost of ownership and accelerating project initiation and completion.
Momentum - the IIG European Users Conference
The EMC Documentum EPFM solution as well as other solutions from IIG and its partners will be on display at Momentum, the IIG European Users Conference, November 5-8, 2012 in Vienna. For more information, please visit: http://www.momentumeurope.com.
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EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset - information - in a more agile, trusted and cost-efficient way. Additional information about EMC can be found atwww.EMC.com.
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