Tag Archive for: digital transformation

The 44th Annual Deltek Clarity Architecture & Engineering Study

The 44th Annual Deltek Clarity Architecture & Engineering Study is a comprehensive report that provides insights into the state of the A&E industry. The study was conducted between January and March 2023, and included data from a variety of firms from all sizes and regions across the United States and Canada.

The study found that the A&E industry is facing a number of challenges, including increasing competition, rising costs, and a shortage of skilled labor. However, the study also found that the industry is still growing, and that there are opportunities for firms that are able to adapt to the changing landscape.

The study includes a number of valuable insights for A&E firms, including:

  • How to compete in a crowded market
  • How to manage rising costs
  • How to attract and retain skilled labor
  • How to use technology to improve efficiency

The full study is available for download on the Deltek website. To download the study, click here: [link to study]

5 handy steps to scale your operations without falling behind

With great expansion comes great responsibility.

Making new connections and supplying top-of-the-range services are key targets for agencies. It feels affirming to win new business, but while your company grows, your internal and external operations need to keep up.

It can be challenging to scale operations with a myriad of technologies and partner services to choose from.

Fear not, as here are five key ways to grow and stay ahead of the pack.

  1. Identify your niche…

…and stick to it!

One pitfall that agencies face when starting out is being ‘people pleasers’ – trying to adapt operations to suit every single need. This will stretch your business capabilities into areas that aren’t necessary and hinder your growth.

Instead, identify exactly what your most successful services are with current clients, define your unique selling points, and run with them. That way, you can focus your attention on what really matters and deliver the best experiences to those that you work with.

  1. Get your data right!

Data still remains ‘the new oil’, offering invaluable insight into your employees, leads and clients alike. Analysing data can help to best understand how you can tailor your product or services better to suit their needs.

However, data (whether customer-focused, financial or employee information) is often stored across multiple systems for differing parts of the business. Sales teams use one lead generation tool, the hiring team uses another recruitment platform, and marketers favour content management systems. Where do you start to collate this information?

Begin with an internal audit – how many systems do you use, and which are efficient in holding the correct data? You should limit the number of systems you use to be able to pinpoint useful data quickly and easily. This planning will also identify any gaps in where you need to hire to adapt to scale.

  1. Hire across the business

When you know exactly where you need extra hands, get hiring!

A growing business not only needs new entry level candidates to handle the bread-and-butter services that define you, but also more experienced leaders with topic expertise that can take your renown to new levels. Particularly when it comes to content marketing for lead generation. Many tend to outsource creative roles such as this in B2B –

84% of companies that outsource talent see content creation as the most useful marketing tool. So long as the data and processes outlined above can work for freelancers or outsourced workers.

Recruitment can either take place internally or through partnering with third-party hiring agencies; whatever is the most flexible and scalable solution to attract the right people for your business.

  1. Integrate helpful tools

We get it, marketing or sales stacks can consist of many useful technologies to benefit your operations. But these internal tools can be siloed. Instead, it is best to limit the number of platforms you use and integrate them so that data is cross-referenced.

There are useful CRMs such as HubSpot or Salesforce to serve as databases for client and employee information, as well as handling and tracking marketing distribution and activity with great integrations available.

Communication is key not just for your third-party vendors, clients and outsourced workers, but also internally. Messaging platforms including Slack can integrate with other web services with ease so that everyone is on the same page.

  1. Document everything

Multiple platforms, new employees, and growing leads add up to a lot of moving parts. But when scaling, you should not forget what your company stands for.

Defining your purpose and internal company culture is incredibly important. Be transparent about your core values and expectations – the easiest way is through simple documentation that can be stored as a resource for current employees and new hires. All communication can also be handled through project management tools to bring everyone under one umbrella or via a complete agency management tool.

Employees will appreciate a company that is not only ambitious in scale, but one that values all those that work hard to get them to loftier heights.

Start scaling today

Scaling a business can be tricky, but help is at hand. For practical insights on how to grow, fill out your details onthe form below.

For the last 43 years, Deltek has conducted an annual survey of firms in the Architecture & Engineering industry to identify key performance indicators, market conditions and industry trends. The Study is developed in collaboration with industry organizations.

More than 540 firms participated in the Study, representing a broad cross-section of businesses within the Architecture and Engineering industry in North America.

The online survey was developed in partnership with CMG Consulting and conducted between February and March 2022, with financial metrics captured covering 2021 financial performance. The 43rd Annual Deltek Clarity Architecture & Engineering Study includes data from a variety of firms from all sizes and geographies across the United States and Canada

Fill out the form below to download the Report

If you would like to find out how Silversoft could assist your firm to improve on any of your internal systems and processes to be in line with industry standards, please click this link to schedule a call.

For the last 43 years, Deltek has conducted an annual survey of firms in the Architecture & Engineering industry to identify key performance indicators, market conditions and industry trends. The Study is developed in collaboration with industry organizations.

More than 540 firms participated in the Study, representing a broad cross-section of businesses within the Architecture and Engineering industry in North America.

The online survey was developed in partnership with CMG Consulting and conducted between February and March 2022, with financial metrics captured covering 2021 financial performance. The 43rd Annual Deltek Clarity Architecture & Engineering Study includes data from a variety of firms from all sizes and geographies across the United States and Canada

Fill out the form below to download the Report

If you would like to find out how Silversoft could assist your firm to improve on any of your internal systems and processes to be in line with industry standards, please click this link to schedule a call.

The engineer of the future will be someone who has global knowledge; a passion for pursuing sustainability in innovation; a pioneering mindset when it comes to technology and the ability to work remotely.

They will be someone who can revolutionise cities to make them more environmentally and population friendly; someone who is able to improve the way we travel, who has the expertise to solve biomedical and chemical-related health concerns or is able to work cohesively with new software in order to further innovate.

As the world increasingly pursues technological innovation, the engineering industry will play an exciting role in solving the problems of today and bringing the future to life. In the past two years alone, we’ve seen how businesses have needed to pivot, innovate and redefine themselves in order to keep up. And as we move out of 2021, we have seen a surge in adoption of new technologies across industries.

As an engineering firm, how do you feel about digital transformation? Are your people ready to embrace innovation? Before you feel too overwhelmed, here are three simple areas you can focus on when it comes to adopting new technologies into your firm:

1. Keep your eyes on the client

Look out for systems and digital tools that help you optimise the entire customer journey and enable your team to provide the best customer support.

2. Change up your management system

Get rid of your old processes of using siloed systems to manage your operations and invest in an integrated digital tool.

3. Embrace a variety of technologies

The most successful companies will have a full suite of technology in their back-pocket – from digital management systems, to robotics, to cutting-edge analytics.

Want to know about what to expect for engineering in the future?

Download our insightful infographic, A Glimpse into Success for Engineering Firms in 2022 and Beyond, to ensure your firm is staying ahead of the game.

 

 

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 42 years, the Study is developed in collaboration with industry organisations across the globe.

We have created an insightful infographic that gives an overview of the annual architecture and engineering industry study, highlighting important trends in EMEA and APAC.

The key takeaway from the study is around the business impact of the pandemic on architecture and engineering firms, and research suggests that “a solid digital foundation [will] enable organisations to adapt more quickly to changing business conditions”. This infographic also highlights important questions and strategies that engineering firms need to consider throughout their digital transformation journey.

For example, there are five questions industry leaders should ask themselves to identify where they need to lay the groundwork for their transformation;

  1. What was the impact of the pandemic on our operations and revenue?
  2. What are some of the technologies that we need to help us differentiate?
  3. How were our projects impacted by the pandemic?
  4. What are our biggest concerns with developing new business, and how can technology help?
  5. How are our finance leaders measuring success and enabling our businesses to move forward?

Get your copy below;

 

 

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.