Balfour Beatty plc. - Enterprise Tech Ecosystem Series
Balfour Beatty Plc. (Balfour Beatty) provides construction and infrastructure services. It offers construction and its related support services for infrastructure assets globally. The company’s service portfolio includes electrical and mechanical engineering, design and construction, building and facilities management, social housing, civil ground, and refurbishment. It also carries out utility upgrade and maintenance, road management and maintenance and rail engineering work. Additionally, Balfour Beatty invests in privately funded infrastructure assets and manages non-PPP schemes along with Public-Private Partnership (PPP) projects. The company has expanded its operations into utilities, transportation, commercial and social infrastructure sectors. It has operations in the Hong Kong, UK, the Philippines, the US, Thailand, China, Japan, Malaysia, Singapore and Vietnam.
Balfour Beatty is embracing a new generation of industrialized methods to modernize its construction procedures and reach its goal of process re-engineering and streamlining its work process upto 25% by 2025.
Balfour Beatty set up a shared services unit, called Work Smart, to bring together its whole finance and HR processing functions. The company aimed to curtail its IT expenses by 25% with shared services strategy.
It has also developed Business information Model (BIM), a 3D model-based process to generate and attain information about a building or construction infrastructure from its initial launch stage and through its entire lifecycle.
The company is leveraging drones for mapping, capturing aerial shots, faster data collection and analysation, and site inspection.
To transform its services and tap into new opportunities, Balfour Beatty is emphasizing on strategic partnerships with many technology companies including Microsoft, Cisco, DJM Aerial Solutions, Egnyte, Barter4Things, 3D Repo, and IOTAS, for gaining access to advanced technologies like IoT, alternative reality, big data, and connectivity.
The report provides information and insights into Balfour Beatty's activities, including -
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook