Unlock the power of your data with a suite of AI and analytics solutions that delivers active intelligence, so you can make proactive decisions and continuously improve project outcomes.
Construction and engineering projects face many challenges, at both industry and operational levels. From an industry perspective, schedule slippage is almost impossible to avoid, budget blowouts are commonplace and profit margins are extremely tight.
Operationally, projects rely on retrospective indicators for reporting and analysis, measuring the performance of historical activities. This limits the ability to address issues before they have a major impact on project outcomes. Data sources are often heavily siloed and integrations between systems are difficult. This makes insights more fragmented and getting a single, complete project view difficult. Leveraging meaningful data insights is further hampered by the inability of systems to learn from past decisions and provide insights tailored to organizations.
These factors all contribute to suboptimal decision-making, increasing risks around time, cost, quality and safety.
The Oracle Construction Intelligence Cloud Service (CIC) is a suite of artificial intelligence and analytics solutions purpose built for the engineering and construction industry that leverage all your project data to help you make proactive, informed project decisions.
The first Oracle CIC offering, Oracle Construction Intelligence Cloud Advisor (CIC Advisor) utilizes Artificial Intelligence (AI) and machine learning to deliver true predictive intelligence to help organizations uncover potential future risks, assess their impact and take proactive actions to improve overall project outcomes. CIC Advisor continuously identifies hidden risks that need to be actioned such as schedule delays, poor schedule quality, budget over-runs, resource bottlenecks and process inefficiencies. It provides advanced warnings and ‘learns’ over time improving the accuracy of predictions, so you can take pre-emptive action early.
Oracle Construction Intelligence Cloud (CIC) Advisor integrates your engineering and construction data across all your project, portfolio and asset lifecycles including planning, scheduling and construction into a complete and robust dataset which is vital in generating accurate and actionable insights.
Unlike other business intelligence tools that only generate lag indicators, focusing on what has happened, CIC Advisor provides advanced warnings, predicting what can happen and the underlying causes. It’s a continuous risk radar that is actively looking for warning signs across your project so that you can focus on the things that matter the most on a day-to-day basis.