USA we partner with clients to help them achieve their strategic goals .”
While Terracon can point to the fact that no other company can offer the P & H foundation solution in the wind market , it does have other competitors in the solar space and electrical transmission . But the company has one advantage that no other can compete with , and it comes with experience .
“ We have over 50 years of geotechnical data from our work with clients throughout our history ,” says Loftis . “ That works out at approximately $ 1bn worth of geotechnical data that we have - no one else has that volume or coverage of data .”
Terracon has been investing $ 2mn each year in digitizing that data which will consequently provide greater access to it , both internally and externally on the client side . This allows for Terracon , when working with a client , to mine its data at no capital costs . Without sending a single piece of equipment into the field , Terracon can already inform the decision and design process for its clients . But what if the company has to enter the field ?
“ If we go out into the field , our repository of proprietary data helps us to economize ,” says Loftis .“ For example , in characterizing the route for a new electrical transmission line , depending upon the level of our historic data coverage , we won ’ t need to advance a boring every mile of the way , we can do it every other mile or more . It quite literally cuts the time and cost in half for many projects , allowing the client to better understand the risks and opportunities from the very beginning at a much more effective cost . No one else in the market can offer that value .” This he says is an example of “ methods consulting ,” rather than just relying upon a wrote
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