Danaos Projects will be exhibiting its latest products at The Big 5 in Dubai next November. We spoke to the Export Manager, Christos Emmanouilidis; here's what he told us as he prepares to participate to the the largest construction event in the Middle East.
What are the major opportunities you spot in the GCC construction industry?
The current trends in oil pricing along with the need for the modernization of processes and infrastructure create an unparalleled opportunity for the expansion of the construction industry in the GCC. Having said that, the modernization of the construction industry itself requires the adoption of new IT systems in order to achieve efficiency, increased productivity, expedite the business and stay ahead of the competition.
Therefore, we foresee DANAOS Projects’ Project View Cost Control and ERP Solution to become necessary tools for all construction companies.
What are the major growth drivers for the construction industry in the UAE or Dubai?
The new infrastructure developments empowered by the KSA Vision 2020 and the UAE Expo 2020 can result in a new exponential construction growth model that will include technology as the main catalyst.
According to you, what are today’s top 3 trends in the construction industry?
Considering DANAOS Projects expertise and market position, the trends we foresee in the technology domain are:
2. Cost Control – Quality Management and Construction Management Software tools
3. Drone inspection – Site Monitoring
How do you think the construction industry will evolve in the next years?
In future, we’ll witness an increase in Public Private Partnerships (PPP) projects. Construction companies will also be more involved in the Construction Management, overseeing individual contractors, specialized to specific tasks and activities. The technical capability earned for large conglomerates over the years will provide the grounds for extensive specialization within the field and will generate outsourcing services from subcontractors.
Are there any innovative Products/Solutions your company has developed? Please provide details
DANAOS Projects’ ProjectView is the most comprehensive Capital Project Management and Construction Cost Management Expert System. ProjectView assists contractors in estimating and controlling daily costs and progress along with the risk of their projects -from tendering to execution. ProjectView captures data, digitilizes office and site processes and utilizes project management artificial intelligence.
As an integrated construction ERP, ProjectView is seamlessly connected with Primavera and VAT ready!
Why are they innovative?
The nature of the product itself, the Artificial Intelligence, Big Data Analytics, Telematics (m2m) and the Digital Collaboration are the major technological trends that constitute the innovation of the product itself. The business logic is enriched by the experience of the largest construction companies in Europe that drive the innovative aspect of the technology into the highest level incorporating the most sophisticated computation algorithms.
The DNA of ProjectView is a blend of best-of-breed technologies and computer code that along with our implementation, training and supporting services generate the recipe of success to all our Customers.
What products will you present at The Big 5 Show this year?
1. ProjectView ERP new AI e-Tendering system for Optimized Bidding
2. e-Procurement for Materials providing an international material’s cost databank
3. New Quantity-Take-Off Module for 2D quick measuring of PDFs, DWGs and JPEGs
4. New Telematics module for yellow machine usability
5. Facility Management tool for the FM Industry