IFS Cloud & Construction
Build the foundations for success in a disrupted market
Construction and engineering firms often operate on tight margins. Now they are facing even greater pressures due to labor shortages, productivity levels and a rapidly globalizing industry that in many markets has brought new entrants. Despite these challenges, developments in new technology and construction methods have energized the industry. Many engineering and construction companies are quickly realizing that relocating activities formerly done onsite to a shop environment, similar to a manufacturing industry model, can contribute to significant gains in productivity and margins.
The construction industry is one of the largest sectors in the world, and is a major contributor to the world economy. However, it is also chaotic, disconnected and constantly facing new disruptions. If you're running a legacy or end-of-life system, you're at risk of stalling your transformation efforts, losing your competitive edge and missing out on revenue—and probably facing rising costs too.