3 Key Considerations when Selecting a Technology Provider
There are typically many options to choose from when it comes to selecting a technology provider for chemical process systems. A quick search on the internet can populate pages of websites related to the technology you are searching for (or any search you are performing for that matter!). These days there is no shortage of options, but it’s important to remember as you are researching and sifting through all of the information you find that not all technologies are created equal. The same goes with technology providers. It is important to look for a provider that best fits your needs.
Here are three things to consider when it comes to selecting a technology provider for your next project. Using this criteria will help you to compare potential vendors and narrow your possibilities down to a short list of qualified companies.
The background of the company who currently owns the technology can prove to be a key qualifier in your technology research. Looking for a company that has been in business for a few years, even better if decades (or in the case of DDPS a few centuries!), gives an indication of its stability. The chemical industry is known to be cyclical. If a company has been around long enough to withstand the lows in the cycle means they have a solid foundation and structure to withstand the challenges that come with time.
Experience with the Technology
Whether you are looking for some new, innovative technology or one that has been around for years, it is important to understand how long a company has been working in their specific field. Have they performed projects with similar demands as yours? Do they have reference plants that can be visited? These are questions to consider when evaluating the technology provider. They not only help reduce the risk in your project, but also increase the chances of the technology being a successful solution for your application. Additionally, it will give you and other decision makers the piece of mind that you’ll be properly supported throughout the execution of your project.
Capabilities and Scope of Supply
Along with the company profile, looking at the capabilities of the technology provider is key when evaluating who will be the best fit for you. Also, what is the scope of supply they can provide? Do they outsource to other suppliers if there is a technology needed that’s not in their portfolio? Knowing this can help you to prepare a clear plan and vision on how the project will be executed and what other key players need to be involved, if necessary.
Creating a strategy and getting clarity on what you need from a technology provider is going to make the process more efficient and reduce risk. It is also important to know a technology provider’s capabilities during the evaluation of a project such that the proper overall team can be assembled.
De Dietrich Process Systems has been in business for over 335 years. We’ve evolved our product offering throughout our corporate history to meet the rigorous demands of the chemical and pharmaceutical industries, as well as the other industries we serve. With a portfolio that includes thousands of projects executed in highly corrosive environments, we can provide standalone equipment to turnkey projects, including acid concentration and recovery. To learn more about the technologies contact us or visit our Process Systems page.