How bits and bytes can help infrastructure brick and mortar

With ERP, infrastructure firms can solve their recurring challenges like project overruns and cost escalations. Digitalisation offers immense cost savings too

- Joydeep Banerjee

Infrastructure development plays an important role in the growth of any country. It has been linked with economic growth and many other aspects that contribute to the country’s progress. This is one of the industry sectors which have made progress through trials and tribulations. But the limited technological utilisation within the sector, misinterpreted as a boon, has become a bane. Infrastructure firms regularly face cost overruns and project delays. Today, more than ever, they need to create a digital foundation for now and for the future. While every business has been affected by COVID-19, infrastructure projects have faced a huge setback. Lack of demand, labour shortage and supply chain interruptions such as raw material shortage have affected the viability of many projects. The message is loud and clear message: what is needed is digitalisation.

This will establish highly integrated efficient workflow, seamless data transfer and improve their risk management practices to ensure that they are profitable in these challenging times. To survive and succeed, infrastructure firms need a well-defined process for digital transformation. Deploying a proven ERP solution that has stood the test of time has helped enterprises become more competitive.

ESTABLISHING A PROCESS-DRIVEN CULTURE