OVERVIEW
The Need
When the construction market crashed after the 2008 economic crisis, established players suddenly had to cut costs and boost revenue - or risk losing market share to new competitors from the Far East.
The Solution
Multi-billion dollar construction firm Consolidated Contractors Co. (CCC) gained clearer visibility of assets and costs, enabling higher utilization of resources and a switch to predictive maintenance.
The Benefit
Cuts operational expenditure per asset by USD 1100, contributing to total savings exceeding USD 15 million per year; reduces project delays, helping CCC complete work on time for clients.
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