Bechtel Recognized for Innovation Leadership

"2018 BIG Innovation Award recognizes Bechtel's focus on innovation as a key business driver. It is a testament to the dedication of our teams across the globe who explore, develop and implement solutions addressing industry challenges," said David Wilson, Bechtel's Chief Innovation Officer.

"This year's winners show the diversity of innovation and its impact on the economy, our cultures and the world," said Maria Jimenez, chief operating officer of the Business Intelligence Group. "We are thrilled to be honoring Bechtel as they are leading by example and making real progress on improving the daily lives of so many."

Bechtel is embracing innovation to increase productivity and reduce costs through a focused and fully resourced process. The company established the Future Fund to stimulate development of new, disruptive ideas from employees, suppliers, and customers. The Fund provides the resources to explore ideas, emerging technologies and new approaches with the potential to dramatically improve project design, execution, quality, and safety.

To-date, Bechtel employees around the world have submitted more than 2,500 ideas. More than 500 of those ideas have been approved for further development and exploration, and approximately 40 ideas have matured and are now deployed on projects across the globe. The list of implemented ideas includes varied efforts: from use of drones, to robotics, augmented and virtual reality, new mobile applications, and new physical piping components.

The BIG Innovation Awards recognize companies and people who bring new ideas to life, and change the way we experience the world. Organizations from across the globe submitted their recent innovations for consideration in the 2018 BIG Innovation Awards. Nominations were judged by a select group of business leaders and executives who volunteer their time and expertise to score submissions and provide feedback.

About Bechtel:
Bechtel is one of the most respected global engineering, construction, and project management companies. Together with our customers, we deliver landmark projects that foster long-term progress and economic growth. Since 1898, we've completed more than 25,000 extraordinary projects across 160 countries on all seven continents. We operate through four global businesses: Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals. Our company and our culture are built on more than a century of leadership and a relentless adherence to our values, the core of which are safety, quality, ethics, and integrity. These values are what we believe, what we expect, what we deliver, and what we live. www.bechtel.com 

About Business Intelligence Group:
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

Media contact:

Iva Zagar
T : +1-713-235-2088
C : +1-240-344-1173
[email protected]

SOURCE Bechtel

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