Property & Construction companies face a variety information challenges. Data is often stored in disparate systems, leaving business decision makers frustrated by the lack of reliable, meaningful, up-to-date information.
The information needs are also widely varied, as managers seek to optimise asset utilisation, control costs, manage the workforce, meet regulatory requirements, minimise waste, interpret trends or exceptions and gain visibility into key drivers of revenue and profitability.
IBM’s Information Management and Business Analytics technologies provide an exceptional opportunity for Property and Construction companies to create and utilise information assets in cost effective ways:
- to create a single, integrated performance management framework
- to bring together data from different operational systems into a trusted source of information – where summary KPIs are readily related to detailed reports
- monitor utilisation of key plant, properties and other assets
- analyse project profitability - for planned projects, completed projects and work-in-progress
- to create dashboards that communicate performance and identify exceptions
- to distribute consolidated and unit level reporting of actuals, budget, forecasts and variances
- replace cumbersome, error-prone spreadsheets with integrated, distributed, business planning and financial planning solutions
- test alternative scenarios - pricing, costs, business climate - in real time for immediate visibility into business results