IAMTech Signs Contract with HPCL-Mittal Energy Limited for Industrial Asset Management Technology Deployment
Teesside-based company IAMTech Ltd has secured a major contract with HPCL-Mittal Energy Limited (HMEL) in India. The collaboration is focused on implementing IAMTech’s advanced Industrial Asset Management Technology, specifically its Shutdown, Turnaround, and Outage (STO) software solution called iPlanSTO, which has been chosen by HMEL to improve efficiency in their turnaround process. The iPlanSTO software, integrated with SAP and P6, aims to establish a robust reporting system and provide a unified source of truth, simplifying information flow across platforms. This partnership highlights HMEL’s commitment to stakeholder value enhancement and their dedication to empowerment, innovation, and growth.
Ross Coulman, Managing Director of IAMTech, expressed delight at HMEL’s confidence in their technology and software, noting the successful implementation of iPlanSTO within a short timeframe. Coulman emphasized the importance of a strong working relationship with clients and a knowledgeable support team in achieving such milestones. This collaboration is expected to support HMEL in optimizing operational performance and facilitating future growth.
HMEL is a well-respected energy operator in India’s petroleum and petrochemical sector, known for its commitment to delivering high-quality products. IAMTech, a company with a history dating back to 1973 in the UK, has evolved into a leading provider of innovative technology and engineering solutions. Over the past two decades, IAMTech has developed a portfolio of software products through strategic partnerships with industry leaders.
Analyst comment
Positive news. The contract signing between IAMTech and HMEL is expected to optimize operational performance and facilitate future growth for HMEL. The implementation of IAMTech’s iPlanSTO software will improve efficiency in their turnaround process and establish a robust reporting system. This partnership highlights HMEL’s commitment to stakeholder value enhancement and innovation.
