Highbar Technocrat

 C onstruction business is one of the most challenging businesses involving huge expenditures on remote sites with new labor, new suppliers, new external design teams, challenging government regulations & unpredictable weather, etc. all these lead to thinning of project margins even after tight competitive bidding. This has led to the construction industry looking seriously to standardize & automate the entire tender estimation process to provide faster and more accurate bid delivery. Tendering is a very crucial phase in winning a particular project bid for any construction/ contracting organization as the winning of a particular project/ bid solely depends on how accurately an organization predicts the P&L & Cash flow associated with the project. It is a tedious task to estimate the cost for each project, as each project is unique & requires the huge involvement of the project bidding team to arrive at final winning estimate. Considering this as a major require...

  The role of sub-contractors in the Infrastructure, construction and real estate domain is becoming crucial with each passing day as projects become more complex. Owing to a cut-throat industry competition, need for innovation, inflating costs of materials, new engineering technologies and complex regulatory norms, Real Estate players are often partnering with sub-contractors, consultants, specialists etc. for on-time delivery of large scale construction projects. As per an estimate, as much as 75 per cent of the total project size of a contract lands with sub-contractors with their numbers varying from 2–3 and even 25–30 depending upon the scale of the project. For a seamless growth, a cutting-edge integrated end to end IT solution is focal for rapid business transformation. A deep dive analysis of the business process workflow reveals that an efficient, unified billing solution plays a dominant role in excelling on project management A well-managed sub-contractor’s billing syste...

Natural resistance to alteration is common in organizations, just as it is in people. The stakes are high in today’s quick-paced business world as new trends and technology open new potential for businesses to succeed or fail. If your company has seen any of the following indicators, it is likely that the CRM system you are using now has outlived its usefulness and it’s time to switch: Your CRM doesn’t fit your process. When the company was just getting started, some people decided about the initial solution with a limited budget or without spending much time researching the options. Because of this, the tool was inferior right from the start. Others may have selected the best technology that was available at the time. Still, they may have discovered that it hasn’t aged well or been correctly maintained and updated, leaving you with a slower version and fewer capabilities. However, the scenario where a company discovers that it has outgrown its solution occurs frequently. Their custome...

  A person with unique abilities, in-depth knowledge, and extensive experience in a specific topic is known as a Subject Matter Expert, also abbreviated as an SME. They have achieved the status of an expert in their chosen field. They may be paid on a freelance, contractual, or full-time basis to respond to queries regarding their area of expertise that consultants pose. The primary responsibility of a subject matter expert (SME) is to verify the accuracy of any content or information related to their particular area of specialization. They contribute the specialized knowledge that they possess to a project. They can function as independent subject matter experts and respond to questions raised by consultants about their modules. If someone is considered an SME, they should know their profession well enough that they rarely need to look anything up, and if they do, they should know exactly where to seek the information. A person’s capacity to demonstrate that they would be a valuab...

  SAP Business Application Studio is the next generation of Web IDE (Integrated development environment) and is now available as a service on the SAP Cloud Platform. This service provides a contemporary development environment optimized for the rapid creation of business applications for the SAP Intelligent Enterprise. On SAP’s Multi-Cloud environment (Cloud Foundry), the beta version of SAP Business Application Studio is now ready for use! It is possible to activate it in a Cloud Foundry sub-account as long as the “Beta features” check box is selected. SAP has introduced a new cloud-based development environment, known as SAP Business Application Studio, for use in several cloud environments. The SAP Business Application Studio is a vibrant development environment firmly integrated with the SAP Cloud Platform and excellently suited for developing business apps. The existing development environment, SAP Web IDE, will be superseded by SAP Business Application Studio, which is an adv...