When we talk about the $7 Bn impact, it is driven by three major improvements we enable in project delivery. The first is faster projects. For many of our customers, the faster they finish their projects, the faster they start making money. Whether it’s building power plants, factories, toll roads, commercial buildings or even developing new products, the impact on profits is between $50,000 and $1,000,000 for every extra day of revenue.

The second major impact is from projects being delivered with fewer resources. Which can mean a cost reduction of 3-5% in construction, about 10% for equipment and machinery manufacturers, and 25% in new product development. Finally, for many customers the value is from less cash and fewer assets tied up in execution. Because we increase project speed as well as project completion rates, typically our customers can free up 50% of their cash and assets.

It is important to note that $7B actually understates the impact we have had. All our customers share the operational improvements but, for obvious reasons, fewer than 10% share the financial impact. The seven billion dollars is just from those 10% of our customers.

Source: BUSINESSWORLD

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