Asset owners and stakeholders demand ever more from both your construction projects and your day-to-day operations. To remain competitive, your software must be built to meet your business requirements—providing a seamless, positive experience that keeps you compliant, sustainable and in-line with modern construction methods. Is your ERP software stifling your transformation and growth?

This article looks at the opportunities presented by delivering the full asset lifecycle business model, the transformative digital journey required, and the enterprise software capabilities firms must embrace to be able to compete.

Modular construction is one such method and the premise is quite simple, instead of creating an asset such as a house, office block or bridge from the ground up on the jobsite, as many components of the asset as possible are manufactured away from the jobsite and then delivered to it, where the labor force then construct the pre-made panels, walls, bridge segments, etc.

There is no doubt that modular housebuilding is gathering pace but there is still a lot of resistance to this process.

According to Deloitte’s 2020 Engineering and Construction Industry Outlook, companies can expect to face changes and trends that threaten what little margin they have.

Decision-makers concerned with economic disruption 20 percent more likely to plan increased spending

In the engineering and construction sector around the world we are seeing projects paused and new opportunities stalled.