Intelligent CIO Middle East Issue 33 | Page 89

INDUSTRY WATCH CRM SOFTWARE REPRESENTS A NEW WAY FOR THE CONSTRUCTION INDUSTRY TO MANAGE ENGAGEMENTS WITH CUSTOMERS AND SUPPLIERS. C onstruction is a complicated business; for companies to be successful, they must engage with a variety of stakeholders that includes building owners, government agents, engineers, architects, subcontractors, suppliers and residents. The digital revolution has made it possible for the communications, and processes these engagements entail, to be streamlined as never before. And yet, ‘digital’ has never been a defining aspect of the construction industry and the case for Digital Transformation is still perceived to be a challenge to the status quo. Lost potential The construction sector is built on relationships, but unlike other verticals such as banking, hospitality and manufacturing wherein this also holds true, the segment has done little in the www.intelligentcio.com way of utilising technology to manage these relationships. Most often, awkwardly integrated systems are deployed which capture data from the many people who interact with the company and stored in disparate silos. Therefore, instead of creating a unified view of information across the business, organisations are left with unstructured data that holds little value beyond its primary function, representing a tremendous lost opportunity. Back to the blueprints Construction companies must shed their reluctance to adapt to the digital revolution and begin to lay the foundation for long term digital success. For many, the right Customer Relationship Management (CRM) solution will serve as this platform as it affords a host of benefits that includes streamlining of processes by providing crucial information right INTELLIGENTCIO 89