Driving Efficiency and Cost Savings in Asset Management with HxGN SDx2

Effective document management and document control (DM/DC) are critical to navigating the growing complexity of industrial projects and facility operations, especially during the transition to digital twins. In this blog, we discuss how HxGN SDx2, Hexagon's cutting-edge cloud-native solution, enhances DM/DC to improve operational efficiency for owner operators (OOs) and helps engineering, procurement and construction (EPC) firms manage project work, costs and schedules. 
 

Streamlined Efficiency and Simplified Handover

HxGN SDx2 optimizes control across the entire asset lifecycle. By leveraging artificial intelligence (AI) to extract and organize data from legacy documents, it reduces the administration overhead traditionally required to gather essential information and put it in doc-tag context. HxGN SDx2 establishes a centralized repository for storing, managing and retrieving critical documents and provides such rich features as history tracking, redlining, workflow assignments and comprehensive document access controls. Together, these capabilities provide users real-time access to the most reliable information.

Additionally, HxGN SDx2 facilitates seamless project execution, permitting users to compare proposed changes with existing as-built configurations to verify alignment with facility KPIs. At project completion, handover is streamlined by merging project data into the as-built records stored in the same database, dramatically reducing typical handover efforts. By eliminating information silos, HxGN SDx2 minimizes time spent searching for documents and makes everyday tasks more efficient. This access to easily discoverable and readily available information improves decision-making among team members, supporting optimal collaboration and project outcomes. 
 

Version Control and Compliance

Version control is essential for effective DM/DC. HxGN SDx2 facilitates access for users to the most current version of documents, minimizing errors from outdated information. It also maintains detailed audit trails that track all changes and access to critical data, supporting compliance with industry regulations. 
 

Cost and Schedule Management

Reducing project costs and timelines is a priority for all organizations. HxGN SDx2 employs a data-centric approach to legacy document integration, using AI for project design and management. This optimizes data collection and validation while applying DM/DC to resulting documents. HxGN SDx2 quickly identifies available information and highlights gaps, helping teams prioritize project and operational efforts more effectively.

Research has revealed organizations that lack a centralized solution may spend up to 20% of their planning and analysis time collecting data and 30% validating it.* By adopting HxGN SDx2, companies reduce project costs and timelines by up to 30%, potentially boosting returns on invested capital from 2% to 4%.** Streamlining the DM/DC process is vital for achieving these outcomes. 
 

Built for Scalability and Flexibility

HxGN SDx2 is a modern, fully cloud-native solution designed to meet current needs while supporting future digital strategies. Engineered for scalability, it provides flexibility and efficiency for projects and operations of any size. 
 

Real-Time Access Benefits

HxGN SDx2 delivers secure, real-time access to contextual data from anywhere, at any time and on any device. This capability is crucial for stakeholders to make better, faster, more informed decisions. One major benefit of being a cloud-native solution is HxGN SDx2’s ability to provide updates similar to how mobile applications do, therefore eliminating the lengthy wait times associated with traditional industrial facility software upgrades and updates.

In summary, HxGN SDx2 provides a transformative approach to DM/DC, enhancing operational efficiency and driving project success. With its centralized repository, robust compliance features and data-centric capabilities, HxGN SDx2 offers scalability and flexibility while significantly reducing project costs and timelines.

As we reimagine the future of asset management, adopting HxGN SDx2 represents a strategic step toward your organization realizing unprecedented value. To learn more about how Hexagon can drive efficiency in your DM/DC practices and help your organization achieve operational excellence, contact Hexagon today.

More Information 

• HxGN SDx2 
  
• HxGN SDx2: Revolutionizing Smart Digital Reality™ 
  
• Reimagining Engineering & Projects with HxGN SDx2 
  

 
About the Authors

 
Trent Pope, Principal Strategy and Enablement Lead at Hexagon Asset Lifecycle Intelligence 
Trent brings 30 years of expertise to this webinar, with extensive experience in corporate and customer-facing roles. He excels at bridging the gap between client needs and technical development. His pragmatic approach and deep knowledge make him a highly regarded solution architect and advisor. 

Tom Goff, Senior Industry Consultant at Hexagon Asset Lifecycle Intelligence 
Tom has led several operational excellence initiatives throughout his 30+ years serving multiple industries (i.e., oil and gas, chemical, nuclear). Today, Tom leads Hexagon’s Asset Lifecycle Intelligence division’s consulting initiatives for customers on their digital transformation journey. He has a BS and MBA from Capella University, is a certified PMP and LSS Black Belt and is a veteran of the U.S. Army.