FIATECH

FIATECH1 has maintained a leadership position among industry organizations focusing on capital intensive projects since July 2000.

Founded under the auspices of the University of Texas at Austin, FIATECH has made significant headway against its initial objectives as described in its founding charter; namely, to establish a comprehensive Capital Projects Technology Roadmap 2 (Roadmap) that describes the operational context for a capital project, and to identify opportunities to apply technology that integrates and automates execution of capital projects more effectively.

Achieving FIATECH accomplishments to date has involved every industry segment participating in capital intensive projects 3 from owner/operators, and engineering, procurement and construction (EPC) companies to architects, facility managers and university researchers. Technology and equipment manufacturers round out the complement of FIATECH members and project participants.

FIATECH is a consortium first and foremost. Members [http://www.fiatech.org/about/memlist.html]work together on projects to accomplish goals that otherwise they might not achieve individually. Organized around mutually-agreed priorities and points of need on the Roadmap, these projects accelerate the development and adoption of technologies that automate integration of the selected Roadmap elements.

All members share in the deliverables from each project. These deliverables include all forms of intellectual property (IP) ranging from technology forecasts, to XML schemas for data interchange, to field reports of on-site tests of the latest technologies.

The Roadmap provides the foundation for the overarching vision of FIATECH and significant effort has gone into describing Roadmap details within the nine strategic, element areas. The Roadmap, developed in early FIATECH projects, pointed the way forward with respect to refining FIATECH’s role in the industry, the value that FIATECH can bring to its members and what changes FIATECH needs to make to fulfill its emerging role.

Members

Members [http://www.fiatech.org/about/memlist.html]in the consortium include many major US corporations as well as international companies. The Board of Directors includes members from DuPont, KBR, Smithsonian Institution, General Motors, University of Nebraska, Bentley, AspenTechnology, Intergraph, Intel, AVEVA, Target Corporation, CH2M HILL, Siemens, Procter & Gamble, Fluor, Texas A&M University, Bechtel, and Dow Chemical.

Annual Technology Conference & Showcase

Each year in the spring, FIATECH hosts a conference, Where the Best Get Better 4, that focuses on emerging technologies within the capital projects field. Leaders from around the world converge to discuss case studies from their own companies, network, interact with technology suppliers and become educated on the numerous projects that FIATECH is currently working on. The 2008 Annual Technology Conference & Showcase will be in New Orleans, LA on March 31 - April 3.

The Future of FIATECH

Want to know where FIATECH is headed in the future? Our staff, with input, advice and guidance from the FIATECH Board of Directors, has created a document [http://www.fiatech.org/pdfs/FIATECH%20Outlook%202007-2010.pdf]outlining our position, products and services for the Capital Projects industry.

Projects

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