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Follow on Google News | EcoSys™ Rebrands to Hexagon PPM,Signaling an Even Stronger Future for the Industry Standard in EnterBy: Intergraph Hexagon acquired its PPM division (formerly known as Intergraph Process, Power & Marine) in July of 2010 to leverage and expand the efficiencies of PPM's end-to-end information technology solutions from design, construction and operation of industrial facilities to any large-scale construction project, an industry Hexagon knows well. Being the definitive solution for addressing the time and cost challenges of capital project management on a global scale through dynamic progress updates, Hexagon then acquired EcoSys in October of 2015. The EcoSys portfolio brings better predictability and control when trying to mitigate schedule delays and budget overruns, and ultimately, optimise returns on capital project investments. Both name changes signal a combining of strengths, underscoring Hexagon's commitment to shape smart change in asset intensive industries at a time when cost overruns are rampant and enterprise project complexity continues to increase. EcoSys' deeper integration within Hexagon PPM's portfolio and closer alignment to Hexagon's wider information technology portfolio couldn't be more relevant. "Since Hexagon's acquisition of EcoSys in October 2015, the company has only begun to leverage the breadth of industries Hexagon serves to diversify and expand our customer base," said Syed Naqvi, EcoSys Director MEIA. "EcoSys is evolving into a foundational technology for dynamic project analytics for customers in the Middle East. As we become a fully integrated part of PPM and the larger Hexagon portfolio, the potential to fuel the global growth of our world-class project controls brand is virtually limitless." The enterprise project controls software platform – EcoSys EPC (Enterprise Planning & Controls) – will continue to carry the "EcoSys" brand name, leveraging the world-class project controls legacy it's defined. With the rebranding, EcoSys will use the Hexagon PPM logo for corporate identity and adopt the PPM creative identity in the coming weeks. The EcoSys website will remain as a product-focused destination for information on EcoSys project controls software. Visit www.ecosys.net. The ARC Advisory Group, a leading industry analyst firm, ranked Hexagon PPM as the No. 1 overall worldwide provider of engineering solutions for plant design (process, power and marine), according to its "Engineering Design Tools for Plants & Infrastructure Global Market Research Study Market Analysis and Forecast Through 2020." End
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