Consolidated Contractors Company

Generating million-dollar cost savings by improving the performance and utilization of assets

Published on 18 May 2015

IBM Maximo is so much more than an asset management solution – it tells you everything you need to know about your assets accurately and at the right time.

Khaled Al-Shami, Head of Enterprise Asset Management Solutions, Consolidated Contractors Company

Customer
Consolidated Contractors Company

Industry
Construction / Architecture / Engineering

Deployment country
Greece

Partner
CCT International
eSolutions

Overview

Founded in 1952, Consolidated Contractors Co. (CCC) is one of the largest construction companies in the Middle East and ranks among the top 20 contractors worldwide. The firm generates annual revenues of around USD5.3 billion, employs approximately 130,000 people, and manages projects based in more than 40 countries all over the globe.

Business need
When the construction market crashed after the 2008 economic crisis, established players suddenly had to cut costs and boost revenue – or risk losing market share to new competitors from the Far East.

Solution
Multi-billion dollar construction firm Consolidated Contractors Co. (CCC) gained clearer visibility of assets and costs, enabling higher utilization of resources and a switch to predictive maintenance.

Benefits
Cuts operational expenditure per asset by USD1100, contributing to total savings exceeding USD15 million per year; reduces project delays, helping CCC complete work on time for clients.

Components

IBM products and services that were used in this case study.

Software
IBM Maximo Asset Management (SaaS), Maximo Anywhere, Maximo Asset Management Scheduler, Maximo for Transportation

Solution
Enterprise Asset Management, Ind: Architecture / Eng / Construction, Const/Arch/Eng: Integrated Industry Framework, Const/Arch/Eng: Product Lifecycle Management, Asset and Facilities Management, Enabling Business Flexibility, Performance Management, IBM Analytics - Predictive Maintenance and Quality, BA - Business Analytics, BA - Predictive Analytics, BA - Predictive and Business Analytics - Predictive Maintenance, Business Analytics, IBM Analytics, , IBM Analytics - Internet of Things

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