The “Symposium on Innovative Technology Supporting the Development of the Construction Industry,” hosted by Yonyou Hong Kong, was held last Friday (June 14, 2019) at the Construction Industry Innovation and Technology Application Centre, attracting over 50 industry professionals. In addition to sharing insights from Yonyou Network’s construction industry experts on the trends of digital development in construction projects, the seminar also included a visit to the Construction Industry Innovation and Technology Centre.
In recent years, the government has actively promoted the digitalization of engineering supervision systems, encouraging contractors to utilize innovative technologies to improve the level and efficiency of engineering project supervision. Consultants at the seminar first highlighted common challenges in project management, including:
- Increased competition and more new entrants.
- Information distortion, resulting in a significant discrepancy between actual profits and planned profit margins.
- Insufficient information, hindering risk control and early warning.
- Inability to quantify data, making assessment impossible and hindering the establishment of effective incentive mechanisms.
- Increased government regulation leading to higher costs for businesses.
Yonyou Group values the construction industry and has therefore established a dedicated construction industry consultant team to provide professional industry solutions and practices for addressing the aforementioned challenges, fully implementing office automation. Yonyou’s construction industry solution includes four key aspects:
Mobile Office: Yonyou software supports third-party mobile applications and provides unified management, increasing office flexibility.
- Paperless Operation: Yonyou software can convert copied documents into digital forms with nearly identical formats, avoiding any user behavior changes for unfamiliar or altered employees. Furthermore, the system effectively captures user input and tracks every action performed, preventing any data loss.
- Collaboration: Given that each project team is unique, self-interest often dominates the construction process. Through enterprise restructuring and redesigning the current business model, different teams can shift towards a process-centric approach, achieving more efficient production.
- Knowledge Center: The document center, project drawings, meeting minutes, and as-built drawings help enterprises more effectively grasp and monitor project progress.
- Mobile Office: Yonyou software supports third-party mobile applications and provides unified management, increasing office flexibility.
The consultant then shared a case study of Singaporean builder BHCC with the attendees, focusing on the theme of “Simplified IT, Lighter Management.” Yonyou’s construction solutions, including asset management, contract management, work plan management, and subcontractor payment services, helped BHCC maintain greater project transparency and collaboration, thereby improving its productivity. Mr. Wang Ming also demonstrated the system’s operation, showcasing the flexibility and versatility of Yonyou products.
Yonyou firmly believes that digital collaboration and on-site mobile solutions will be the core direction for the future development of all construction contractors. We look forward to continuing to cooperate with all sectors to create value for businesses and witness the results of digital transformation together.
Interested in learning more about how Yonyou helps the construction industry achieve digital management? Call 852 2122 9886 to contact our industry experts.
