How Baker Hughes Achieved Reliable and High-Quality Cost Estimates

Through the implementation of Cleopatra Enterprise Baker Hughes has transformed its cost estimating processes, achieving greater efficiency, accuracy, and consistency. With strong support from Cleopatra’s team and a tailored solution, the company is now well-positioned to deliver reliable and high-quality cost estimates for their projects.

Prior to implementing Cleopatra Enterprise, Baker Hughes faced significant challenges in their cost estimating processes. The primary issues included:

• Reliance on Excel spreadsheets, leading to broken links and formula errors.
• Lack of automation and standardization across different regions and projects.
• Increased time spent on manual tasks due to non-standardized processes.
• Difficulty in maintaining traceability and accuracy in cost estimations.

These challenges led to inefficiencies, an increased risk of errors, and difficulties in meeting project deadlines.

To overcome the challenges associated with manual processes and inconsistent cost estimating practices, Baker Hughes implemented Cleopatra Enterprise’s cost estimation software. The decision to adopt Cleopatra was driven by several key factors, including its cloud-based architecture, which enabled seamless access and collaboration across global teams. Additionally, the software’s user-friendly interface made it easy for various departments to adopt, while its strong market reputation provided confidence in its capabilities.

Notably, Cleopatra’s flexibility and powerful functionalities, such as detailed cost breakdowns, stood out as major advantages. These features allowed Baker Hughes to establish standardized workflows, reduce reliance on error-prone spreadsheets, and improve overall efficiency in their cost estimating operations.

During the implementation, Baker Hughes has developed and maintained a strong working relationship with the Cleopatra Enterprise team. One of the most appreciated aspects of this collaboration is the responsiveness of Cleopatra’s support team, who are consistently quick to address demands and provide assistance when needed.

Additionally, the software’s flexibility has been a key advantage, enabling Baker Hughes to tailor the tool to meet specific project requirements. This tailored support and adaptability have significantly contributed to the successful integration and ongoing use of Cleopatra Enterprise within the company’s operations.

• Improved automation and standardization across global operations, reducing manual effort and ensuring consistency.
• Enhanced time management, with automation freeing up teams to focus on higher-value tasks.
• Increased traceability and accuracy by unifying cost bases, including consistent currency conversions and unique labor rates.
• Scalable solution supporting the estimation of billions of dollars annually across numerous cost models, while maintaining quality and meeting deadlines.