The Engineering, Construction and Operations industries are working to turn concepts into tangible realities in today’s changing environment, no matter whether you are bridging gaps, reaching new heights, or achieving net zero. Also, they always prioritize completing the client’s job safely, promptly, and within budget among these other goals. To manage projects, lower risks and maintain competitiveness in this situation, EC&O companies require an integrated platform that supports the entire construction lifecycle. So, to confidently build your business, rely on sophisticated and intelligent software.
Thus, digital transformation is the only journey and you need a set of established strategic priorities to achieve all the goals. So, this article discusses industry-specific features for the engineering, construction and operations industries offered by RISE with SAP’s Business Transformation Service.
Let us begin by defining strategic priorities and their benefits for the engineering, construction and operations industries!
Digitalization of Intercompany Collaboration
The Engineering, Construction, and Operations organizations must accomplish one of their strategic targets, “Digitalization of Intercompany Collaboration” by the end of the 2025 vision in order to undergo a digital transformation.
To understand this strategic priority in detail, let’s consider a real-time example on how two different companies communicate to the entire network.
In CA Techno Park, each supplier, vendor, and subcontractor work on their individual, isolated systems with little to no real-time visibility into one another’s activity, despite dependencies among several parties. As a result, there were numerous disruptions in the submission of works due to the department’s isolated system utilization. Rework, delays, and errors were discovered to be frequent in this company due to poor communication and a lack of real-time transparency during project execution.
Whereas in BS Techno Park, the collaboration between all project stakeholders, including the owner, contractor, subcontractor, engineers and architects, facility management and authorities, was made possible through a cloud-based intelligent network. They followed open building information modelling systems, where various disciplines are combined, including engineering, logistics, project control, and service, as well as structure, architectural, electrical, and plumbing.
To summarize, CA Techno Park didn’t have a proper communication within their departments which led to numerous delays. Whereas, BS Techno Park excelled in inter company collaboration because of the strong intelligent cloud-based software which helped them to engage with better efficiency.
Now you may be asking, “How can RISE with SAP helps us?”. Here are the primary business capabilities they offer to assist you in reaching your objectives:
- Moving from isolated and disconnected activities to real-time with updated data.
- Different departments were combined together.
- Projects used experienced data with a new level of efficiency and engagement.
- Share the most recent information with different stakeholders while providing services for the least amount of money
- Improved model-based scheduling will help you cut down on wasted time waiting.
Top Value Drivers
The major value drivers in the engineering, construction and operations companies post successful deployment of SAP S/4HANA are:
- Savings of 15% are made possible through affordable and dependable cloud solutions.
- Decision-making is expedited by quicker information access.
(Note: Data was taken from SAP’s statistics)
To summarize, conclude making SAP S/4HANA your primary system will be a better choice for a more flexible, agile and effective organization as it also comes with regular partner updates.
To know more about how SAP S/4HANA or about other solutions that can help enterprises in engineering, construction and operations companies, do get in touch with us!