Deltek, the leading global provider of software and solutions for project-based businesses, has unveiled the 2nd annual Deltek Clarity industry study results for A&E firms in the Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) regions. The results, based on a survey of more than 600 architecture and engineering firms, identify the key challenges impacting the industry, as well as highlighting bright spots and forecasting future trends.
The Deltek study, conducted in collaboration with Longitude, majority owned by the Financial Times Group, serves as a roadmap for firms to understand the state of the A&E marketplace and provides detailed insight and analysis into financial management, business development, project management, human capital management, and technology trends.
Recommended AI News: Tenstorrent Raises over $200 million at $1 billion Valuation to Create Programmable, High Performance AI Computers
The 2021 report revealed that four out of five projects in the A&E industry were forced to pivot as a result of the global pandemic – yet most weathered the storm well. While 65% of firms struggled to deliver projects remotely, track projects or manage dispersed resources, there is a silver lining: A&E organisations across EMEA and APAC now have an opportunity to emerge from the crisis stronger.
Commenting on the research findings, Neil Davidson, Regional Vice President of EMEA & APAC at Deltek, said, “COVID-19 had a widespread impact on the architecture and engineering industry across the U.K. However, we’ve seen some firms demonstrate how technology-led strategies have brought the adaptability and agility they need to emerge from the pandemic in a strong position.
Recommended AI News: Majesco Acquires Market Leading Utilant LLC and Launches New Innovative Data and Analytics Business Unit
“U.K. firms have an unprecedented opportunity to build on the momentum for change. Our research reveals a desire for digital transformation as businesses seek to address the operational shortfalls that were uncovered over the last 12 months, but there is uncertainty about the best way forward. By making strategic technology investments, organisations can drive positive change to build on the opportunity in 2021 and beyond.”
Key insights in this year’s report include:
Recommended AI News: Amalgam Rx Acquires Adaptive, Conversational, Artificial Intelligence (AI) Assets
The post Deltek Unveils the Trends and Benchmarks from its EMEA and APAC Deltek Clarity Architecture & Engineering Industry Study appeared first on WebsiteHost.Review.
When IT goes down, the hit is immediate: revenue walks out the door, employees grind…
The rapid growth of data centers is resulting in one of the most energy intensive…
The training of large generative AI models is a special case of high-performance computing (HPC)…
It takes the Earth hundreds of millions of years to create usable energy. It takes…
What keeps data center operators up at night? Among other things, worries about the safety…
The global data center outsourcing market was valued at USD 132.3 billion in 2024 and…