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.
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Many in the industry recognize advancing interoperability as an overarching statement for defining and implementing information exchange (IE) capabilities across functional, organizational, and life-cycle phase boundaries as shown by the arrows in the Roadmap. Advancing interoperability requires four building blocks:
Return on investment-ROI, metrics, business value describes opportunities for advancing interoperability, and defines the cost and risks associated with moving forward with implementing standardized, structured information exchanges as an enabler for integrated and automated operations.
Processes, systems, and tools enables all stakeholders (e.g., owners, consultants, clients, contractors, and suppliers) to execute capital project tasks (activities) and to manage and communicate electronic product and project information across all stages of the capital project life cycle ( planning, design, procurement, construction, operations, demolition, renovation, and project management phases).
Data specifications, standards, and testing allows for the exchange, coordination, tracking, and synchronization of information without the issues of integrity or security.
Ttraining, resources support people as they implement the new processes and adopt the new tools and technologies to deliver the business value (ROI) to their organizations.