Fiatech is an international community
of passionate stakeholders working
together to lead global development
and adoption of innovative practices
and technologies to realize the highest business value throughout the life
cycle of capital assets.

Automating Equipment Information Exchange (AEX)


The design, procurement, delivery, installation, operation and maintenance of capital projects equipment is hindered by the lack of interoperability among the many different software systems used to support these work processes. Many different disciplines and collaborating companies in these work processes use different software systems. This currently requires labor-intensive re-entry of data into multiple systems, introducing additional cost, schedule delay and the risk of introducing costly transcription errors. While software systems integration within large companies has been proceeding to some extent, the external integration needed to share electronic information with customers and suppliers has not been feasible due to a lack of a coordinated industry approach to achieve software interoperability for the life cycle of engineered equipment for capital projects.