Engineering & Construction
Engineering & Construction
Previously known as one of the slowest growing industries, engineering and construction is gathering speed against stricter safety regulations, increasing customer expectations, and the rise of Industry 4.0. Technologies like drones, augmented and virtual reality, and prefabrication methods are making headway into the industry. It’s even more crucial to have robust data capabilities to reap maximum benefits from these advancements.
Challenges
- Provide better services and memorable experience to customers
- Inaccurate information that results in poor customer service or revenue losses
- Inaccurate customer data—not able to quickly strategise and pivot in any market situation
- Inaccurate asset information in the field
- Collaborate on quality data with customers during project handovers
- Supplier onboarding—Data collaboration and governance
- Conforming to standards such as Building Information Modelling (BIM)
Master Data Domains
Primary
- Supplier
- Materials
- Customers
- Assets
- Projects
Others
- Finance-related data
How can MDO help
- Streamline master data request processes incorporating rules and SLAs, making use of online, mobile, and mass templates
- Capture data in the field using mobile functionalities
- Audit trails and logs for all requests and changes
- Quality data integration across customer environments based on standards
- Continuous data monitoring to guarantee quality and integrity
- Enhance supplier collaboration on critical data elements
- One-stop platform for Master Data Management to achieve an integrated view of data
Benefits and business case
- Data quality and governance become part of a larger transformation project, e.g., Migration or Mergers/Acquisition
- Master Data Management initiative to automate manual/semi-manual process and reduce headcount cost
- Industry compliance and standards for better collaboration
- Enhanced supplier collaboration
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