Engineering and construction companies have had to react quickly over the past few years. As they continue to face labor shortages, supply chain disruptions, rising material costs, and shrinking profit margins, Oracle Fusion Cloud Applications are giving them the ability to pivot and innovate so they can stay competitive.
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Arion Research lays out the key trends and investments driving growth in the AEC market, with recommendations to help industry players meet challenges and prepare for success.
Use flexible billing and revenue models to maximize your return on investment and quickly adjust to changing client requirements. Optimize resource models by skills, location, and availability. Boost business development and increase win rate.
Track and report working conditions to enforce safety policies and compliance. Monitor construction site and workforce data to predict incidents. Leverage AI-driven project recommendations to reduce risk.
Find, engage, and develop employees and subcontractors via award-winning digital user experiences. Upskill talent to offset retiring workforce and reduce employee churn through proactive talent management.
Predict and proactively manage gaps and risks in your supply chain. Respond quickly to changing demand, supply, and market conditions. Increase influence and buying power through strategic supplier sourcing and procurement.
Increase visibility and model environmental, social, and governance initiatives to understand risk and opportunities. Reduce CO2 emissions through improved routing and delivery efficiency. Expand pool of sustainable supplies through strategic sourcing and qualification.
Women in Leadership: Engineering, Construction, and Energy
"With Oracle Fusion Cloud Applications, we can track the profitability of individual projects and manage costs across the company, constantly comparing the budget versus the actual spend for each activity."
Drive growth and innovate faster in times of disruption. Oracle Fusion Cloud Applications help engineering and construction companies accelerate their digital transformation with the most complete, innovative, and cost-efficient suite of cloud solutions.
Have a complete view of your financial position and results across accounting, planning, consolidation, and reporting.
Gain complete control over all project aspects, including resources, budgets, costs, and forecasts.
Drive employee engagement, union and non-union payroll accuracy, and compliance.
Find the exact resources you need for your project by filtering across roles, skills, and location.
Strategically procure materials, supplies, services, and subcontractors, and connect your supply chain to create a resilient network.
Use product lifecycle management for prefabricating, installing, and building to ensure a controlled, sequential environment that reduces jobsite complexities to a minimum.
Manage capital assets and calculate accumulated costs for your organization’s fixed assets to be built, installed, or acquired.
Win more business by optimizing every client engagement using a comprehensive set of capabilities that help bolster relationships.
“By implementing Oracle Fusion Cloud Applications, we streamlined our business processes in three months while also reducing costs and increasing our efficiency and productivity.”
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