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EPC (Engineering, Procurement, and Construction) companies are responsible for designing and constructing some of the most complex bridges, buildings, energy grids, power plants, etc – in the world.
In addition to a complex operation model, EPCs are constantly faced with fresh challenges that can further complicate their projects. Having visibility into capabilities and commitments can help manage the challenges.
Tracking certain KPIs (Key Performance Indicators) is a proven way for businesses in any sector to ascertain performance targets, while encouraging the creation of key business objectives to help realize these goals.
In only the latest consolidation move in the competitive construction-technology sector, Trimble announced April 23 that it is acquiring Viewpoint Construction Software for $1.2 billion from Bain Capital.
India has an ambitious goal to spend $1 trillion on infrastructure over the next five years, but the country's high interest rates, growing public debt and ongoing policy issues threaten to put the brakes on foreign investments.
The developer of a $2-billion transmission line that will run from Canada to New York City plans to issue a solicitation for an engineering, procurement and construction contract after reaching settlement late last month with state agencies and environmental groups in New York.
