Engineering and Construction Companies Lay the Groundwork for Growth and Innovation with Oracle Fusion Cloud Applications
Oracle announces that leading engineering and construction companies, including Black & Veatch, Mortenson, Pike , and WSP Global, have adopted Oracle Fusion Cloud Applications Suite to enhance their business operations. The implementation aims to standardize finance, HR, supply chain, and customer experience data on an integrated cloud platform.
The companies report significant improvements:
- Pike streamlined M&A integrations and accelerated financial close processes
- Black & Veatch improved efficiency and expanded insights by consolidating finance, planning, and HR systems
- Mortenson rationalized 220 applications across 60+ entities
- WSP Global enhanced real-time insights and business visibility
The Oracle Fusion Applications Suite includes integrated solutions for ERP, Enterprise Performance Management, Project Management, HCM, Supply Chain & Manufacturing, and Customer Experience.
Oracle annuncia che importanti aziende di ingegneria e costruzione, tra cui Black & Veatch, Mortenson, Pike e WSP Global, hanno adottato la Oracle Fusion Cloud Applications Suite per migliorare le loro operazioni aziendali. L'implementazione mira a standardizzare i dati finanziari, delle risorse umane, della catena di approvvigionamento e dell'esperienza del cliente su una piattaforma cloud integrata.
Le aziende riportano miglioramenti significativi:
- Pike ha semplificato le integrazioni M&A e accelerato i processi di chiusura finanziaria
- Black & Veatch ha migliorato l'efficienza ed espanso le intuizioni consolidando i sistemi finanziari, di pianificazione e delle risorse umane
- Mortenson ha razionalizzato 220 applicazioni in oltre 60 entità
- WSP Global ha migliorato le intuizioni in tempo reale e la visibilità aziendale
La Oracle Fusion Applications Suite include soluzioni integrate per ERP, gestione delle performance aziendali, gestione dei progetti, HCM, catena di approvvigionamento e produzione, e esperienza del cliente.
Oracle anuncia que importantes empresas de ingeniería y construcción, incluyendo Black & Veatch, Mortenson, Pike y WSP Global, han adoptado la Oracle Fusion Cloud Applications Suite para mejorar sus operaciones comerciales. La implementación tiene como objetivo estandarizar los datos de finanzas, recursos humanos, cadena de suministro y experiencia del cliente en una plataforma en la nube integrada.
Las empresas informan mejoras significativas:
- Pike ha optimizado las integraciones de M&A y acelerado los procesos de cierre financiero
- Black & Veatch ha mejorado la eficiencia y ampliado las perspectivas al consolidar los sistemas de finanzas, planificación y recursos humanos
- Mortenson ha racionalizado 220 aplicaciones en más de 60 entidades
- WSP Global ha mejorado las perspectivas en tiempo real y la visibilidad empresarial
La Oracle Fusion Applications Suite incluye soluciones integradas para ERP, gestión del rendimiento empresarial, gestión de proyectos, HCM, cadena de suministro y fabricación, y experiencia del cliente.
오라클은 블랙 앤 비치, 모텐슨, 파이크, WSP 글로벌을 포함한 주요 엔지니어링 및 건설 회사들이 비즈니스 운영을 개선하기 위해 오라클 퓨전 클라우드 애플리케이션 스위트를 채택했다고 발표했습니다. 이 구현은 재무, 인사, 공급망 및 고객 경험 데이터를 통합 클라우드 플랫폼에서 표준화하는 것을 목표로 합니다.
이 회사들은 상당한 개선 사항을 보고합니다:
- 파이크는 M&A 통합을 간소화하고 재무 마감 프로세스를 가속화했습니다
- 블랙 앤 비치는 재무, 계획 및 인사 시스템을 통합하여 효율성을 개선하고 통찰력을 확장했습니다
- 모텐슨은 60개 이상의 기관에서 220개의 애플리케이션을 정리했습니다
- WSP 글로벌은 실시간 통찰력과 비즈니스 가시성을 향상시켰습니다
오라클 퓨전 애플리케이션 스위트는 ERP, 기업 성과 관리, 프로젝트 관리, HCM, 공급망 및 제조, 고객 경험을 위한 통합 솔루션을 포함합니다.
Oracle annonce que des entreprises leaders en ingénierie et en construction, y compris Black & Veatch, Mortenson, Pike et WSP Global, ont adopté la suite d'applications Oracle Fusion Cloud pour améliorer leurs opérations commerciales. L'implémentation vise à standardiser les données financières, des ressources humaines, de la chaîne d'approvisionnement et de l'expérience client sur une plateforme cloud intégrée.
Les entreprises rapportent des améliorations significatives :
- Pike a rationalisé les intégrations M&A et accéléré les processus de clôture financière
- Black & Veatch a amélioré l'efficacité et élargi les perspectives en consolidant les systèmes financiers, de planification et de ressources humaines
- Mortenson a rationalisé 220 applications à travers plus de 60 entités
- WSP Global a amélioré les perspectives en temps réel et la visibilité de l'entreprise
La suite d'applications Oracle Fusion comprend des solutions intégrées pour l'ERP, la gestion de la performance d'entreprise, la gestion de projet, HCM, la chaîne d'approvisionnement et la fabrication, ainsi que l'expérience client.
Oracle kündigt an, dass führende Ingenieur- und Bauunternehmen, darunter Black & Veatch, Mortenson, Pike und WSP Global, die Oracle Fusion Cloud Applications Suite übernommen haben, um ihre Geschäftsabläufe zu verbessern. Die Implementierung zielt darauf ab, Finanz-, HR-, Lieferketten- und Kundenerfahrungsdaten auf einer integrierten Cloud-Plattform zu standardisieren.
Die Unternehmen berichten von erheblichen Verbesserungen:
- Pike hat M&A-Integrationen optimiert und die finanziellen Abschlussprozesse beschleunigt
- Black & Veatch hat die Effizienz verbessert und die Einblicke durch die Konsolidierung von Finanz-, Planungs- und HR-Systemen erweitert
- Mortenson hat 220 Anwendungen über mehr als 60 Einheiten rationalisiert
- WSP Global hat Echtzeiteinblicke und Geschäftssichtbarkeit verbessert
Die Oracle Fusion Applications Suite umfasst integrierte Lösungen für ERP, Unternehmensleistungsmanagement, Projektmanagement, HCM, Lieferkette und Fertigung sowie Kundenerfahrung.
- Multiple major engineering firms successfully implementing Oracle's cloud solutions indicates strong market adoption
- Integration of AI capabilities enhances operational efficiency and automation
- Consolidation of multiple business systems reduces operational costs
- Platform enables real-time decision making and improved business insights
- None.
Insights
Oracle's announcement of multiple engineering and construction firms adopting their Fusion Cloud Applications Suite demonstrates significant commercial momentum in a key vertical market. The comprehensive nature of these implementations is particularly notable - these aren't partial deployments but enterprise-wide adoptions spanning finance, HR, supply chain, and customer experience functions.
The customer testimonials reveal a consistent pattern: companies replacing fragmented legacy systems with Oracle's integrated platform. Pike 's quadrupled business size overwhelming their legacy applications, Black & Veatch's visibility into critical data, Mortenson's 220 applications across 60+ entities, and WSP Global's need for real-time insights all represent common enterprise pain points that Oracle is successfully addressing.
What's strategically important here is Oracle's cross-selling success. Each customer is implementing multiple Fusion Cloud applications rather than point solutions, indicating Oracle's platform approach is resonating in the market. This type of deep, multi-application adoption typically translates to higher customer lifetime value and stronger retention rates.
The explicit mentions of embedded AI capabilities throughout the release align with Oracle's strategic differentiation in the enterprise applications market. While competitors are also embedding AI, Oracle's integrated data model across applications potentially provides an advantage in delivering AI-powered insights across business functions.
These wins demonstrate Oracle's competitive strength against both legacy players and cloud-native competitors in enterprise resource planning and business applications - a crucial growth vector as the company continues its transition to cloud-based recurring revenue.
Oracle's customer acquisition announcement in the engineering and construction sector represents a positive revenue indicator for several reasons. First, these implementations typically involve substantial multi-year contracts with recurring revenue components, providing Oracle with predictable future cash flows that investors typically value at higher multiples than one-time sales.
The comprehensive nature of these implementations across finance, HR, supply chain, and customer experience modules suggests Oracle is successfully executing its cross-selling strategy. This approach typically yields both higher average contract values and improved gross margins compared to single-application deals.
What's particularly valuable from a financial perspective is the displacement of legacy systems. Pike specifically mentioned their legacy applications were "costly to maintain," while Mortenson noted rationalization of 220 applications. These points suggest Oracle is capturing share from both on-premises systems and potentially other cloud vendors.
While the announcement doesn't quantify the specific contract values, enterprise implementations of this scale typically represent millions in annual recurring revenue per customer. The engineering and construction vertical represents a significant global market opportunity for Oracle, with thousands of potential enterprise customers worldwide.
Oracle's success in embedding AI capabilities across its application suite also positions the company to potentially command premium pricing compared to competitors with less integrated offerings. The AI functionality specifically mentioned by customers suggests Oracle is successfully monetizing its AI investments through these enterprise deals.
Black & Veatch, Mortenson, Pike Corporation, and WSP Global transform business processes with the latest AI capabilities in the cloud
"To help manage costs, streamline regulatory compliance tasks, and improve the employee and customer experience, engineering and construction companies need fast, accurate, and touchless processes," said Rondy Ng, executive vice president of applications development, Oracle. "Inspired by direct input from our customer community, Oracle Fusion Applications gives engineering and construction companies the ability to leverage embedded AI to connect actions across all lines of business, improve the speed and accuracy of operations, and deliver projects on time and under budget."
Pike Corporation drives finance, HR, and supply chain efficiency in the cloud
To support its mission to provide energy solutions safely, efficiently, and with integrity, Pike Corporation – one of the largest providers of energy and turnkey infrastructure solutions for electric and gas utilities in the U.S.– needed to simplify key business processes, streamline M&A integrations, and reduce the amount of time its employees spend on manual tasks.
"The size of our business quadrupled within the span of five years. Our legacy applications could not keep pace with the speed of change, were costly to maintain, and required a lot of manual effort," said Richard Wimmer, chief financial officer, Pike Corporation. "With Oracle Fusion Applications, we've been able to improve the speed and accuracy of business operations, accelerate our financial close process, and drive real-time decisions as we continue to expand and better serve our customers."
Black & Veatch consolidates finance, planning, and HR in the cloud
To support its mission to build the world's sustainable infrastructure, Black & Veatch – a 100 percent employee-owned global consulting, engineering, procurement, and construction company – needed to consolidate its finance, planning, and HR systems and simplify operations.
"Our on-premises systems limited visibility into critical data and prevented us from quickly adapting to changes in our business," said Michael Williams, chief financial officer, Black & Veatch. "With Oracle Fusion Applications, we've been able to improve efficiency, expand insights, and better address client needs by standardizing business operations on a single platform with new embedded AI capabilities."
Mortenson aligns finance, HR, and supply chain in the cloud
To support its mission to build for the greater good and provide superior solutions to its customers, Mortenson – a
"Our legacy systems did not effectively connect business processes, which made it difficult to access accurate insights related to spending, risk, projects, and talent," said Lois Martin, chief financial officer, Mortenson. "Oracle Fusion Applications Suite has enabled us to rationalize 220 applications across 60+ entities and integrate finance, HR, and procurement processes. By standardizing key processes on a single platform, we have been able to connect actions across lines of business, improve agility, and better compete for projects in new markets."
WSP Global unites finance, HR, supply chain, and customer experience in the cloud
To support its mission to create positive, long-lasting impacts on the communities it serves, WSP Global – one of the world's leading engineering and professional services firms – needed a new business platform aimed at continuously enhancing productivity and efficiency while reducing costs.
"The Oracle platform has provided us with the opportunity to enhance our ability to access real-time insights and achieve the visibility we needed across all of our business," said Chadi Habib, Chief Technology Officer, WSP Global. "The current deployment of the Oracle Applications Suite has already begun to advance our business insights. We are confident that this solution will help enhance our operations over time, enabling unified and streamlined processes across our business. Ultimately, this transformation aims to deliver added value for our clients."
Oracle Fusion Cloud Applications Suite includes:
- Oracle Fusion Cloud Enterprise Resource Planning (ERP)
- Oracle Fusion Cloud Enterprise Performance Management (EPM)
- Oracle Fusion Cloud Project Management (PPM)
- Oracle Fusion Cloud Human Capital Management (HCM)
- Oracle Fusion Cloud Supply Chain & Manufacturing (SCM)
- Oracle Fusion Cloud Customer Experience (CX)
To learn more about Oracle Fusion Applications Suite, please visit: oracle.com/applications
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
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SOURCE Oracle
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