Jacobs to Integrate Cisco Technology into its Jacobs Connected
Enterprise Framework
DALLAS--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) has expanded its systems
integrator agreement with leading technology company Cisco,
to include Canada. The expansion enables Jacobs to utilize Cisco
technology and services to deliver its integrated connectivity solutions
to support operations and cost optimization in oil and gas, mining and
chemical facilities. The agreement will also enhance Jacobs’ industrial
cybersecurity offerings for clients in Canada. Recent estimates indicate
that the value of this market is poised to exceed $20 billion annually
by 2025.
As a result of this agreement, Jacobs will enhance its integrated
project solutions which combine Cisco technology with both Jacobs
Connected Enterprise (JCE), its digital transformation solution, and
Jacobs Process Risk Optimization (JPRO), its process safety solution.
“This agreement enhances our ability to deliver fully integrated
solutions of our growing connected framework to our clients in Canada,”
Jacobs President Petroleum and Chemicals Gary Mandel. “By integrating
Cisco technology with both our connected enterprise and process risk
optimization frameworks, we are increasing the value we can deliver in
sustaining services, program support and capital projects. Jacobs and
Cisco clients in Canada will now have access to these integrated
solutions.”
JCE is a mature framework of capabilities and solutions that enable
digital transformation. It provides clients the capability to connect,
protect and analyze operational systems and data. JCE spans several core
functional categories, including the Industrial Internet of Things
(IIoT), information technology (IT) and network infrastructure, cloud
solutions, data analytics and cyber security.
Jacobs Process Risk Optimization (JPRO) is a holistic approach to
process safety which helps increase reliability and plant up-time. JPRO
utilizes a multiple step process to categorize process safety
information for a specific site, apply formal hazard analysis
philosophies, and determine the most efficient risk mitigation approach
in order to reach the optimal solution. The ability to assess the risk
and determine the best solution is enhanced by data from technology
deployed in the facility. Wired instrumentation can be very costly so
using more cost effective wireless solutions would save both time and
money.
Jacobs is one of the world’s largest and most diverse providers of
full-spectrum technical, professional, and construction services for
industrial, commercial, and government organizations globally. The
company employs over 54,000 people and operates in more than 25
countries around the world. For more information, visit www.jacobs.com.
Statements made in this release that are not based on historical fact
are forward-looking statements. We base these forward-looking statements
on management’s current estimates and expectations as well as currently
available competitive, financial and economic data. Forward-looking
statements, however, are inherently uncertain. There are a variety of
factors that could cause business results to differ materially from our
forward-looking statements. For a description of some of the factors
which may occur that could cause actual results to differ from our
forward-looking statements please refer to our Form 10-K for the year
ended September 30, 2016, and in particular the discussions contained
under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and
7 - Management's Discussion and Analysis of Financial Condition and
Results of Operations. We do not undertake to update any forward-looking
statements made herein.
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Source: Jacobs Engineering Group Inc.