WE’RE IN THE CRUX OF A DIGITAL PROCESS REVOLUTION

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Analogue Decisions 2020

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Digital Decisions 2030

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Predictive Digital2040

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Artificial Intelligence

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Manual ProcessAutomated Process Predictive ProcessAutonomous Process
Silos, Limited Integration
Macro Integration
Complete Vertical
Integration
Full Macro / Micro
Integration
BIM Level 2
Big Data,
Machine Learning
Blockchain Apps
Self-adapting Systems

Analogue Decisions

Digital Decisions

Predictive Digital

Artificial Intelligence

MANUFACTURING IS CLEARLY REAPING BENEFITS IN PRODUCTIVITY

25 YEARS AGO

63

Construction

65

Manufacturing

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Manufacturing

  • • Automated most manual processes
  • • Digitalised and integrated information flows
  • • Transitioned to data-driven decision-making
  • • Embraced collaborative delivery models

Productivity = $USD Value Added per Worker (Constant 2005). Source: McKinsey

PRESENT

60

Construction

100

Manufacturing

PRODUCTIVITY CAN BE ACHIEVED VIA UNIFIED PROCESS & DATA

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Contract Management Business Intelligence Risk Management Stuctor.io Procurement Design & Construction Portfolio & Management

Contract Management:

New world:

  • Single platform and unified source of truth
  • Digitised & automated processes
  • Decisions easily cascaded across supply-chain
  • Integrated with external systems

Old world:

  • Infinite emails, phone calls, paper copies
  • Manual data entry & re-entry
  • Duplicated processes across supply-chain
  • Fragmented systems (PM, accounting, PDFs)

Contract Management:

New world:

  • Single platform and unified source of truth
  • Digitised & automated processes
  • Decisions easily cascaded across supply-chain
  • Integrated with external systems

Old world:

  • Infinite emails, phone calls, paper copies
  • Manual data entry & re-entry
  • Duplicated processes across supply-chain
  • Fragmented systems (PM, accounting, PDFs)

Business Intelligence:

New world:

  • Machine-readable, consistent & transferable data
  • Connected to internal & external sources
  • Insights based on big data & machine learning
  • Powerful infographics with 360-view over project controls

Old world:

  • Unstructured & inconsistent data
  • Disconnected data sources
  • Laborious project controls prone to mistakes
  • Rudimentary insights based on high-level metrics

Risk Management:

New world:

  • Data-driven with expert overlays where needed
  • Combined internal & external factors
  • Self-adapting risk profiles with proactive risk-mitigation recommendations

Old world:

  • Expert opinions & educated guesses
  • External factors rarely taken into account
  • Poorly understood risk profiles of projects
  • Basic sense of drivers for underperformance

Procurement:

New world:

  • Lead by the broader contract frameworks
  • Minimal effort to hold tenders & compare bids
  • Automatically synchronise internal systems

Old world:

  • Separate from contract management processes
  • Significant work to set-up & assess tenders
  • Data re-entry to translate into contracts

Portfolio Management:

New world:

  • Integrated with the project controls
  • Updated real-time using the latest project data
  • Data-driven risk profiles & decision-making

Old world:

  • Limited oversight across projects portfolio
  • Performed ad-hoc using simple tools (e.g. Excel)
  • Opinion-driven risk profiles & decision-making

Design & Construction:

New world:

  • All contracts managed under single umbrellas
  • Powerful infographics & data visualisations providing holistic project picture
  • Integrated project application (BIM, Accounting), achieving “single point of truth” and audit trail

Old world:

  • Design & construction contracts managed in siloes
  • Limited interaction among responsible teams
  • Significant effort to find, track & assess data
  • No “single point of truth”

DIGITISATION AND AUTOMATION BRING BENEFITS ACROSS THE SUPPLY CHAIN

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Risk management

Utilise real-time data and insight-driven decisions to reduce cost overruns by up to 50%.

Strong compliance

Keep audit trail to reduce 22% of common issues in disputes.
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Minimized overhead

Achieve up to 40% savings of PMOs and Contract Manager’s time.

Low handover risks

Optimise new PMs and contract managers onboarding by 2-4 weeks.
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Faster decisions

Speed-up decision-making and RFIs cycles, reducing project downtime.

Standard procedures

Use set payments and change processes, reducing resubmissions due to errors by >50%

Why Structor.io?

  • Cloud-based contract management
  • Business intelligence & data analytics
  • Integration with your existing systems