Ensuring profitability in construction or engineering projects requires more than just an accounting system.

IFS Cloud's ERP platform helps specialty contractors optimize resources, manage project finances, and streamline complex operations.

A 1% increase in project costs can make the difference between profit and loss.

Resources play a vital role in the success of any construction and engineering company, and can be broken down into four main components.

As the industry faces ongoing challenges, they are adopting digital technologies like AI to automate and optimize their operations and cloud-based solutions to simplify fragmented IT systems.

Companies are increasingly investing in an industrialized construction strategy and adapting their business processes to improve project delivery performance.

NGE is a French company in the construction sector. NGE positions itself at all stages of a construction project, from design to financing, realization and operation.

Clancy Docwra, a leading national utility and construction company based in the UK, has overhauled its business It systems to improve visibility and increase efficiency with the implementation of enterprise resource Planning (ERP) suite IFS Applications.

In an industry with low project margins, a high level of unpredictability, and fierce competition (both domestic and international), it does not take much to turn a profitable project into a loss-making project, putting the whole business at risk.

Research focusing on modular and offsite construction has shown remarkable statistics not just for construction, but for the wider environment as well.