CONSTRUCTION

Deltek Releases the Trends and Benchmarks from its EMEA and APAC Deltek Clarity Architecture & Engineering Industry Study

Deltek | May 25, 2021

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 within Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC) regions. The results, based on a survey of over 600 architecture and engineering firms, identify the key challenges impacting the industry, also highlighting bright spots and forecasting future trends.

The Deltek study, conducted in collaboration with Longitude, majority-owned by the Financial Times Group, is a roadmap for firms to know 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.

The 2021 report revealed that four out of 5 projects within 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's a silver lining: A&E organizations across EMEA and APAC now have a chance to emerge from the crisis stronger.

Commenting on the research findings, Neil Davidson, Regional vice chairman of EMEA & APAC at Deltek, said, "COVID-19 had a widespread impact on the architecture and engineering industry across the U.K. However, we have seen some firms demonstrate how technology-led strategies have brought the adaptability and agility they have to emerge from the pandemic during a strong position.

"U.K. firms have an unprecedented opportunity to create on the momentum for change. Our research reveals a desire for digital transformation as businesses seek to deal with the operational shortfalls that were uncovered over the last 12 months, but there's uncertainty about the simplest way forward. By making strategic technology investments, organizations can drive positive change to create on the chance in 2021 and beyond."

Key insights during this year's report include:

Emerging technologies: instead of one dominant technology, a variety of emerging technologies are seen as important including data science, big data, and machine learning, which all rise to the highest of the list this year, replacing the web of Things (IoT), geolocation and large data.

Competition: handling industry competitors is predicted to stay a big challenge – it's the highest business challenge firms face within the next three years.

Business analytics: Firms recognize the worth of technology and analytics to drive business development – it's the most-cited initiative to deal with business development challenges over the subsequent three years.

Talent acquisition: Business leaders are setting their sights on new skills to compete within the crowded marketplace. About one in four shall hire additional business development staff over the subsequent three years.

About Deltek
Better software means better projects. Deltek is that the leading global provider of enterprise software and information solutions for project-based businesses. quite 30,000 organizations and many users in over 80 countries around the world believe Deltek for superior levels of project intelligence, management, and collaboration. Our industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue.

Spotlight

Research at the Department of Electrical and Electronic Engineering, Melbourne University. The University of Melbourne is one of Australia's, and the world's, finest universities. Established in 1853, the University is a public-spirited institution that makes distinctive contributions to society in research, teaching and engagement.

Spotlight

Research at the Department of Electrical and Electronic Engineering, Melbourne University. The University of Melbourne is one of Australia's, and the world's, finest universities. Established in 1853, the University is a public-spirited institution that makes distinctive contributions to society in research, teaching and engagement.

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