Each year, Deltek conducts a survey of firms in the architecture and engineering industry to identify the key performance indicators, market conditions, and industry trends. Conducted for the last 41 years, the Study is developed in collaboration with industry organisations in the United States and Canada.

The Study collected responses on emerging technology trends, financial statements, business development, project management, and human capital management. The survey was developed in partnership with CMG Consulting and was fielded from January 21, 202 through March 23, 2020. Responses were collected from more than 415 companies in the architecture and engineering industry.

Get your copy by completing the form below:

 

 

Global research conducted by IDC, found that 21.3% of productivity loss in the workplace can be attributed to document management issues. Whether it’s employees being unable to find the right document, or being unable to access the document, according to Interact Source, almost 20% of business time, as much as one day per working week, is spent by employees trying to locate information in order to successfully complete their work.

In engineering firms alone, as much as 70% of the firm’s project information will not even be located within their document management systems, and might be found in desktop files or email servers. The result of this is scattered bits of information and unproductive workflows.

Migrating to a digital document management system is the wisest move, especially in an age when it’s best to go paperless, but the biggest driving factor would be the ability to access them anywhere (imagine you’re working remotely and realise the documents you need are locked away
in a filing cabinet at the office).

Get your free e-guide providing you with a step-by-step process of how to go about searching and implementing a document and email management system for your firm.

 

 

A Quick Guide for Keeping Your Firm Healthy in 2021

2020 was a big learning curve for businesses all around the world. Many engineering firms had to learn to adjust to remote working, while still maintaining a positive and motivational workplace culture, and implementing systems and processes to navigate the “new normal” way of working.

All of this change can have an impact on a firm’s organisational health, and so we decided to create a practical guide for your firm that can be a resource to;

  • Highlight the four key learnings that indicate a healthy engineering firm
  • Provide guidelines for maintaining optimal organisational health in the four areas
  • Share practical tools you can implement to improve your processes today
  • Help to equip your firm for any future unexpected challenges

Download the full guide by completing the form below.

Want to ensure your engineering firm is staying successful in a competitive SA market?

Silversoft is offering Engineering Consulting firms a free health check to determine how they compare to others in the industry in terms of the 4 key learnings from 2020.

This involves your completing a simple 10-minute survey, followed by a call with one of our experienced Account Managers. You will be provided with a concise report highlighting your firm’s strengths and areas of improvement in our new working environment as well as a mini-guide on how to implement improvements in the 4 key areas.

Take the health check survey

“86% of organizations see failure to digitize and automate business inputs as a key transformation bottleneck.” 

There is no denying that 2020 has been a year for the books. Within the Architecture, Engineering and Construction industry, project managers, engineers, surveyors and more have shifted their processes to accompany a more diverse, remote way of working. Creating and processing information may have been a struggle prior to 2020, and now with a workforce that can be partially or even fully remote, inefficiencies with project information management can certainly come to the forefront.

In this whitepaper, you’ll discover solutions to some of the AEC industry’s most common challenges with managing project information, particularly when managing information remotely.

How to tackle project information management:

    • Identify process holes within your organisation
    • Review your data management approach
    • Take stock of on-site practices
    • Have the hard conversations

76% of companies experience significant business risks and/or compliance incidents due to broken document management processes. 

Silversoft conducted a survey to engineering and consulting industry players with the aim of bringing you key trends and insights from the South African industry.

Get your free copy of the survey results to benchmark your firm against others in the industry when it comes to your document and email management processes.

Some key trends the survey highlights:

    • 62% of respondents said that their firm stores emails and files in the cloud
    • 36% of respondents said that they spend 1-2 hours per week searching for important project information
    • 94% of respondents said that their firm stored project information in a central location

Finance has the important task of supporting the organisation in delivering profitable projects to clients.

Architecture, Engineering and Consulting companies are undergoing rapid transformation and businesses are moving at an accelerated pace in order to keep up. The recent need for mobility coupled with increased competition and demand from clients puts pressure on margins. This has made it it increasingly important to deliver projects on time and budget whilst ensuring efficient finance processes.

This report will provide you with best practice recommendations to consider applying to your business.

Consider these four areas as the foundation for sound financial management:

    • Manage Working Capital
    • Control Costs
    • Accelerate Month End
    • Provide Accurate Reports for Decision-Making

To seize the new opportunities of a changing world, A&E firms must embrace new technologies

The Deltek Clarity A&E study was conducted between 26 February and 24 March 2020, surveying 600 decisions-makers in the Architecture and Engineering industry. Key issues impacting on the A&E industry were uncovered. On a macro level, the world is in flux. While this study was conducted before the global health crisis that has dominated 2020, the results remain indicative of the key trends for the A&E sector and provide valuable insight for stakeholders keen to prosper in these times of uncertainty.

The key trends in this report:

    • Firms of all sizes want to leverage the benefits of technology to improve business processes
    • There is a willingness to embrace technology, but there is uncertainty about how to proceed
    • Senior business leaders face a dilemma as to the best path to profitability, and how technology can be enable that journey

Get the full e-Guide below.

What does the future hold for creative agencies worldwide?

Campaign and Deltek surveyed agency professionals across EMEA, North America and Asia-Pacific regions about everything from profitability and processes to what’s really giving them sleepless nights. In total, 670 agency professionals, from more than 30 countries participated, and the results are a global snapshot of the trends that are shaping the industry.

The key trends worldwide:

    • Many agencies have grown and diversified, but this is not necessarily translating to greater profit margins
    • Over-servicing and scope creep is the number one concern worldwide
    • Nearly half of all agencies want to improve their processes for finding & retaining the right talent
    • Opportunities to improve project management and client handling processes are being missed

What are the 5 steps to success in digital transformation in AEC?

Gartner defines digital transformation as “anything from IT modernization (for example, cloud computing), to digital optimization, to the invention of new digital business models”.

In this guide we explore what digital transformation really means for AEC, and offer you concrete, actionable advice you can use to start your digital transformation journey right now.

The 5 essential steps to digital transformation:

    • Take an honest look at your business
    • Start small and scale up
    • Transform people and processes – not just tech
    • Consider data and how you’ll use it
    • Don’t tackle digital transformation alone

How can you future proof your consultancy?

Consultancy is a client driven industry. As clients’ needs transition, consultancy offerings must transition with them.

Over the last 10 years, consultancies have seen their clients adapt their business models to respond to changes in legislation, or developments in technology and digital. The way consultancies respond to and manage these demands, whilst still maintaining margins and increasing profitability, can make all the difference.

Current and coming trends in the industry include:

    • A hybrid workforce
    • More transparent pricing structure
    • Bespoke assets and products