Fluor Corporation and IBM announced the use of artificial intelligence-based systems to predict, monitor and measure the status of engineering, procurement, fabrication and construction (EPC) megaprojects.
Fluor’s engineering, fabrication, construction and deep 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.
Large capital projects, especially in the energy and chemicals, and mining and metals markets, are incredibly complex with enormous amounts of data, people and moving parts that are constantly changing and need to be understood to keep a project on schedule and budget.
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