With more than 80 active projects, a 70,000 square foot national headquarter facility in St. Petersburg, Fla., and accumulative revenue exceeding US$1 billion dollars, Power Design is a key player in the electrical contracting industry.
Since it was founded in 1989, Power Design has attracted a best-in-class customer base, performing work for the top 100 general contractors and developers by revenue volume in the country.
When the company experienced rapid growth, increasing revenue by 240% in a four-year time frame, it realized its legacy enterprise resource planning (ERP) solution wouldn’t meet future needs. Power Design required a sophisticated, integrated solution that would scale as it continued to grow, help automate business processes, enhance human resource management, and improve decision-making capabilities. The company selected Oracle E-Business Suite Release 12.1.2 due to the solution’s strength for project-based companies. It also selected Oracle Business Intelligence Enterprise Edition and worked with Lucidity Consulting on the implementation.
With Oracle, Power Design enhanced its human resources management processes to manage more than 400 employees in 14 states, working on complex projects that last from one to three years. It also streamlined its procurement and project management processes while providing the management team with access to intelligence that helps them make more informed decisions about the future direction of the company.
“Oracle is a tier-one solution. As we looked at Oracle and its competitors, including SAP, it became clear that Oracle had the strongest platform for project-based companies. We also spoke to other contractors that had recently migrated to Oracle E-Business Suite, and they were very happy,” said Meredith Zdon, chief operating officer, Power Design.
In 2008, Power Design realized its legacy Timberline IT system would not meet its needs as it continued to grow. It began to evaluate its options, and, in early 2009, the company selected Oracle. Power Design began working with Oracle Partner Lucidity Consulting on the implementation in December 2009, went live on Oracle E-Business Suite Release 12.1.2 in August 2010, and was live on Oracle Business Intelligence Enterprise Edition in March 2011.
“Lucidity Consulting had a strong project-based background. The primary project lead, Kalyan Hariharan, was absolutely instrumental in making the implementation a success. He not only had programming and in-depth technical knowledge, but he also really understood the business and our needs,” Said Meredith Zdon, chief operating officer for Power Design.