The current trend of substantial urbanization and infrastructure growth in the budding markets has fuelled the growth in demand for raw materials and energy over the years. Even though the on-going growth for Engineering & Construction industry has been intermitted due to the latest uncertainties in global economic climate, the long-term demand outlook in the growing markets is anticipated to drive major growth in Capital Spending Trends. Furthermore, the probable renaissance of manufacturing industry in USA led by large scale shale gas discoveries and lower energy prices will further stir the demand for capital infrastructure in the years to come.
At present, the Engineering & Construction industry is going through an increasingly large and complex projects, curtailed turnaround period and exceptional digital handover requirements. Moreover, the heightened level of competition and instability in material costs has forced the margin constrained Engineering & Construction industry perceive technology as an enabler to bring competence and meet customers’ demands.
Cyret comprehends these challenges and assists you to attain global and unified project execution with amplified efficiencies and improved visibility across the projects. Our domain specific solutions around integral Project Management and HSE can assist you to lower your risks while ensuring better cost control and enhanced margins. Our expertise of working with global majors across Utilities, Oil & Gas and Mining qualifies us to help you in meeting Owner’s expectations during capital project implementation.