The IT for Engineering Specialists
Message from the CEO
Re-thinking EPC in the digital age
Virtual EPC. Integrated Project Management. Common Data Environments. Machine Learning. Smart devices.
So many new words. So much new jargon. Speaking as an engineer, I’d say they’re all just new solutions for old problems.Speaking as a software developer, I’d say they represent a new era in the engineering industry – a long overdue one – where human skill and human ingenuity is supported, and indeed driven, by technology and automation.
What does that mean, on the ground?
It means a lifeline for troubled projects. It means digitized processes, with everything good and bad that implies. It means new possibilities, new opportunities, new advantages. It means efficiency and transparency and accountability and security. It means empowered owners and contractors and consultants and everybody working together in cooperation despite their differences. It means smart technology helping people, it means a level(er) playing field with less vulnerability and more control. All these are very good things, I would say.
It’s early days yet, but from where I’m sitting it looks like a fun ride. See you along the way
From manufacturing to construction: harnessing the power of digitization
The story begins in 1994 when ‘Information Technology’ meant CAD, email, Msoffice, Novel network and very little else. Fresh-from-college mechanical engineers Varghese Daniel and Aju Peter had the idea to improve the manufacturing design process with a new kind of Information Technology – that did not yet exist – and to build which they started the company that later became Wrench Solutions.
Leveraging the principle ‘The whole is greater than the sum of parts’, they built a product that used best practices to standardize processes across every department, and automation to improve efficiency across every process, task, and activity. After convincing Widia & Mico-Bosch the two German Indian subsidiaries to give this new idea a try, companies like L&T, BHEL, BEL, Flowserve, Xomox followed suit.
In 2005, Wrench recognised a similar situation in the Energy industry where reliance on manually-driven processes was causing projects to fall prey to delay and cost overrun. Wrench applied their learnings in manufacturing to build a product for the Engineering & construction sector.
In the next few years Wrench expanded to the Middle East and Asia and acquired customers like CH2M Habtoor Leighton, Atkins, Simon Carves, Tata Group, ENOC, and TOYO, to name a few.
In 2015, Wrench released SmartProject, an end-to-end, integrated, cloud-based system that could be rolled out on the full project cycle of engineering, procurement, and construction. SmartProject is in use on 9000+ Projects across 25 countries.
Founded in Bangalore by Varghese Daniel and Aju Peter
First product named Wrench-Collab, implemented at Kennametal Widia and Mico bosch
Wrench-Collab implemented at L&T, BHEL, BEL
Wrench-Collab functionality extended to equipment manufacturing verticals
Wrench enters EPC industry. Wrench-Collab customized for EPC projects, implemented at VATECH WABAG, product name changed to Wrench-Enterprise
Dedicated R&D centre set up at Special Economic Zone, Kerala, India.
Wrench enters Middle East market
Subsidiaries set up in Singapore and Canada
Subsidiary set up in UK and Australia with partners in other European countries
Subsidiary set up in USA
Wrench-Enterprise becomes SmartProject, a fully cloud-and mobile enabled solution.
Wrench SmartProject App launched.
Wrench partners with AACE, USA.
Wrench enters China market.
Wrench is ISO 27001:2013 Certified
Varghese Daniel is the co-founder and CEO of Wrench Solutions. Passionate about the transformative power of information technology, he and friend Aju Peter began with an idea for collaborative data processing for manufacturing companies, which they successfully sold to Kennametal Widia & MICO BOSCH (and for which they won funding from the Government of India). Varghese went on to create SmartProject, the world's first integrated information platform for construction projects, which is used by EPC firms worldwide. His focus today is developing global markets for SmartProject.
Varghese holds an M.E. in Mechanical Engineering from the National Institute of Technology, Jaipur. He continues to innovate, most recently an auto-irrigation system for urban food growers. He is an avid football player and enjoys retro rock music.
Manesh Alias is the COO of Wrench Solutions. With hands-on domain knowledge based on over 20 years of experience in the digitization of the EPC industry, he has spearheaded the successful adoption of SmartProject technology across landmark projects in Oil & Gas, Infrastructure, and Real Estate for some of the world's largest global players. Manesh balances the pioneering Wrench spirit with a relentless sense of practicality and realism and combines his knowledge of what is possible through digitization with his experience of where the limits of digitization lie to give his clients long-term value.
Manesh holds a B.E. in Mechanical Engineering from NIT Silchar and a Post Graduation MBA from Cochin University. He is a die-hard sports fan and enjoys travel.
Aju Peter is the co-founder and CTO of Wrench Solutions. As co-visionary behind the company which he set up with friend Varghese Daniel, Aju is a keen observer of the developing intersection between engineering and information technology. He brings over 2 decades of seasoned technology knowledge to Wrench, where his enthusiasm and optimism continue to shape the company's trajectory. Aju considers himself a long-time witness of the IT explosion in India as well as a participant in its growth into the engineering sector, including the industry's struggle with, and now acceptance of, latest cloud, mobile, and automation technologies.
Aju holds an M.Sc in Computer Science from Annamalai University. He has also completed a post-graduate diploma in Counselling Psychology.
Shayne Smith, P. Eng. is Director, Strategy at Wrench Solutions. His 30+ year career in the consulting engineering industry includes leadership roles in a number of large private and publicly traded consulting firms with global projects in many different industry sectors. As CEO of a 1000-person engineering company in 2007, Shayne’s passion for project management excellence led him to Wrench, becoming their first North American customer. He believes that Wrench can create accountability and transparency in how complex projects are controlled and managed.
After working for eight years in a number of senior operational and business development roles at a top ten ranked ENR firm, Shayne stepped away from full-time work in 2017. Throughout his career, he has served on numerous for-profit and not-for-profit boards and continues to work with boards and executive teams to improve and optimize organizational performance. Shayne is a licensed professional engineer, having graduated from the University of Waterloo (Mech Eng 1988).
Abrachan Pudussery is Domain expert in Project Management area and a seasoned trainer . He brings deep domain expertise and a conviction about higher quality in project management training to his role of developing The Wrench Academy. Abrachan's drive to find better project, program and portfolio management methods pushes him to continually challenge accepted project management frameworks, with the intent to blend them together for the best possible outcomes. Abrachan is also the founder of the Project Management Research Institute, from where he has trained more than ten thousand professionals and helped project teams transition to Agile methodology.
Abrachan holds a Masters degree in Quality Management from BITS Pilani, a B.E. in Electrical Engineering from MSRIT, Bangalore, and is a certified PMP, PRINCE2, CSM, CSP and PMI-ACP. His hobbies include cycling and photography.
His long experience with large-scale Oil / Energy projects and specialized strategic skills in fields as diverse as Technology Development, Sales, Plant Operations, and Predictive Data Science helps build and strengthen Wrench's growing presence worldwide. Prior to joining Wrench he initiated and developed partnerships with Intergraph, SAP, Morvest and Aviva where his role included collaboration with management, stakeholders, and clients to analyse customer needs while identifying and solving their challenges for increased growth and efficiency. He is a certified SPF, SPO, S3D, SPPID, SPRD integration expert, and a Microsoft Professional Certificate on Data Science.
Naveen studied Engineering at Amravati University. He holds an MBA from Wake Forest University School of Business.
Mike Schaefer is the Vice President of North America at Wrench Solutions. His role will be to develop and grow Wrench’s presence in the North American market through direct efforts and establishing a partner network.
Mike is an accomplished business executive with 30 years of experience working with large and mid-size enterprises on complex software solutions, including Enterprise Content Management, Collaboration, Asset Management, CRM, and CAD/PLM. His domain expertise is industrial markets, primarily Energy, Oil & Gas, Manufacturing, Construction, and Transportation.
Mike has been an early employee in many of the largest software companies in those markets and has played a key role in acquiring their initial customers. He has an entrepreneurial spirit, having founded, funded, and run a software start-up.
Outside work, Mike enjoys spending time with his family, boating and barbecuing at Lake Texoma, or volunteering with a disaster relief organization. His hobbies are chainsaw carving and timber framing.
Mike is a licensed professional engineer, having graduated from the University of Illinois Chicago.
We've over 150+ employees and are still growing.
Giving back to the community
Wrench has been helping companies transform their business through digital technology for 20 years. Our commitment to social change through technology has translated into a variety of social and lifestyle initiatives including the GYOF movement which helps people grow pesticide-free food plants out of their own homes. GYOF has evolved into one of our key Corporate Social Responsibility Programmes, with a mission to help people grow their own vegetables organically, economically, and with minimum human intervention.