Sponsor: IFS

Companies involved in construction, engineering, and infrastructure projects must become more data ­driven and adept at working in a digitized, model ­based environment to meet two growing trends:

• The general return to strong market growth almost worldwide.
• A greater reliance on digital approaches such as BIM and data driven processes for asset lifecycle management.

These trends are going to require an integrated enterprise systems approach if you want to maximize your opportunities and 3D modeling systems need to be integrated with your business applications. Now is the time to move to an integrated foundation for enterprise, project, and asset management.

A new whitepaper discusses these key issues in Engineering, Construction and Infrastructure. Download it free.

The concept of servitization is not a new phenomenon. The term was formally defined in the 1980s but its essence- bundling service packages with products to add value - goes back several decades earlier. Recently, servitization has come to the fore as a shaping force in the construction industry. For companies looking to add innovative service and asset management capabilities to their offerings, the benefits are straightforward.

Adding service has been found to result in:

• A 5-­10% annual increase in service revenue.
• Maintenance cost reductions of 25–30%.
• Improved product and asset performance.

Download the construction white paper to learn more about servitization and how the construction industry can benefit from it.