Industry Summary Articles

Oracle is recognizing those Americas customers who are charting new paths and reimagining the building industry through technology with the 2019 Oracle Construction and Engineering Excellence Awards. Building on the Oracle Aconex Connect Awards, this new awards program highlights noteworthy customers that are successfully improving project delivery across industries.

Project- and asset-intensive organizations face numerous challenges, including growing project complexity, rising competition, fragmented project supply chains, and increasing risks. Selected from a large number of entrants, this year’s winners demonstrated compelling results in overcoming these challenges through their use of Oracle’s Construction and Engineering solution suite, including Oracle’s Primavera solutions, Oracle Aconex and Oracle Textura Payment Management.

“The Oracle Construction and Engineering Excellence Awards winners represent organizations of all sizes that have demonstrated remarkable success from the digital transformation of their businesses across the project and asset lifecycle,” said Mark Webster, senior vice president and general manager, Oracle Construction and Engineering. “From significant productivity gains, to better payment outcomes across the supply chain, to unlocking project intelligence for smarter decision making, the improvements realized by these organizations underscore their leadership in driving project delivery forward, with benefits that extend to all stakeholders. We congratulate the honorees and are thrilled to recognize their accomplishments.”

Select results from the 2019 Oracle Construction and Engineering Excellence Awards winners:

Austin Commercial achieved enterprise-wide standardization with Oracle Textura Payment Management, reducing pay application processing time from four to five days to just two days.

 
Ameren Corporation reduced the time spent evaluating project justifications by 90 percent (from 30-60 minutes, to just three to five) with Oracle’s Primavera P6 Enterprise Project Portfolio Management (EPPM) and Oracle’s Primavera Unifier.


BlueCross BlueShield of South Carolina accomplished organizational transformation with the help of Oracle’s Primavera Unifier and is now able to close internal work orders 50 percent faster than previously.
 

DPR Construction eliminated 360 accounting hours per week through its implementation of Oracle Textura Payment Management and a direct link to its ERP system, meaning tens of millions of dollars now reach subcontractors up to seven days faster.
 

Sage Homes Northwest sped up work package assignment to new projects by 66 percent utilizing Oracle Primavera Cloud.

 
Customers were nominated for the 2019 Oracle Construction and Engineering Excellence Awards in the following categories:

   Data-driven Insights

   Enterprise-wide Standardization

   Innovation in Sustainability

   Innovator of the Year (Individual award)

   Platform Expansion

   Social Impact Project of the Year

   Solutions Implementation

   Systems Integration
 

In addition, honorees were recognized for their achievements in the following segments:  Energy and Resources, Industrial Manufacturing, Public Infrastructure, and Residential and Commercial.

To view the original press release, please click here.

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