The ongoing massive urbanization and infrastructure expansion in emerging markets has fuelled the growth in demand for raw materials and energy over last decade. Engineering accounts for a significant part of overall project cost. Cost of engineering itself is dependent to a significant extent on the speed and efficiency of detailed engineering. Increasing cost pressures and scarcity of engineering skills is influencing many Engineering & Construction companies to execute detailed engineering from high-efficiency execution centers.
Although the continuity in growth for Engineering & Construction industry has been interrupted due to recent uncertainties in global economic climate, the long-term demand outlook in emerging markets is expected to drive significant growth in Capital Spending Trends. Also, the expected resurgence of manufacturing industry in USA led by large scale shale gas discoveries and lower energy prices will fuel the demand for capital infrastructure in coming decade.
Engineering & Construction industry is currently faced with increasingly large and complex projects, shorter turnaround times and rich digital handover requirements. Over and above, the increased competition and volatility in material prices has forced the margin constrained Engineering & Construction industry to look at technology as an enabler to bring efficiencies and meet customers’ expectations.
Prata IT Solutions understand these challenges and can assist you to achieve global and integrated project execution with increased efficiencies and higher visibility across their projects. Our domain specific solutions around Integrated Project Management can help you lower your risks while ensuring better cost control and improved margins. Our strong experience of working with global majors across Oil & Gas, Mining and Utilities also enables us to assist you in meeting Owner’s expectations during capital project execution. We also enable multisite, multidiscipline virtual collaboration through our collaboration room solutions.
Prata can help you reduce the design cycle time and total project expenditure by providing detailed engineering across all disciplines for 24 X7 through a global delivery model. Our engineers are well versed with major international Engineering standards and key engineering design and analysis tools.
We can minimize the manual aspects of inter-discipline coordination through systems integration around Engineering Tools and applications. Also, we can help you implement engineering design and data management tools from all leading vendors.
In addition to the industry specific solutions, our transformational Enterprise Solutions and Shared services offerings around Procurement, Finance & Accounts, and HR can help bring process improvements and standardization with lowered operating costs and added efficiencies.
Apart from providing solutions and services designed to meet your organization needs, we can also partner with you to deliver Plant IT, Communication Infrastructure and Operational Systems for your capital projects including Refineries, Petrochemical Plants, Airports, Ports etc.
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