Latest global predictions suggest that spending on new infrastructure projects has now overtaken spending on property construction and will continue to lead for the next decade.
Within the Construction and Engineering (C&E) sector, a connected supply chain is more than just an efficiency driver—it’s a significant competitive advantage.
Prediction 1: The number of construction companies that deliver service and maintenance to increase to 50% by 2025. (Contractors need to become Total Asset Lifecycle Service Providers)
Globally, the labor and skills shortage is causing serious problems for the construction industry. Here’s how Construction ERP can be used to help address these issues.
With construction and infrastructure margins so low, and delays in schedule can be the norm, well managed commercial finance can help determine project profit or loss.
Project financial control involves more than summing historic values, it needs the controller to map the consequences of potential events and adjust the sliders to influence the outcomes.