Project management guru’s rejoice!
Software giant Oracle has acquired Australian company Aconex, the merger can enhance products offered by Oracle. The beginning-to-end project management product to track project progress and delivery will be enhanced by the annexation of Aconex. Aconex is a leading cloud-based solution that manages team collaboration for construction projects. So what should we expect? A “cloud-based project management solution for this $14 trillion industry”, claims Mike Sicilia, Oracle senior vice president and general manager for its Construction and Engineering Global Business arm
Considering the job? Construction Project Managers use specialized, project management techniques to oversee the beginning to end planning, design, and construction of a project. Therefore, the tools and software available are big ticket items for managers looking to effective plan and build construction projects.
The salaries for Construction Project Managers range from $85,043-$109,950 in Atlanta and $91,519-$118,322 In Chicago. Source
“REDWOOD SHORES, Calif., Dec. 17, 2017 /PRNewswire/ -- Oracle (NYSE: ORCL) today announced that it has entered into an agreement with Aconex Limited (ASX: ACX), a leading cloud-based solution that manages team collaboration for construction projects, for A$7.80 per share in cash. The transaction is valued at approximately US$1.2 billion, net of Aconex cash.
The Aconex project collaboration solution digitally connects owners, builders and other teams, providing complete visibility and management of data, documents and costs across all stages of a construction project lifecycle. Aconex has been used in over $1 trillion in projects across 70,000 user organizations in over 70 countries.
The Oracle Construction and Engineering Cloud already offers customers the industry's most advanced solutions for planning, scheduling and delivering large-scale projects. Together, Oracle and Aconex will provide an end-to-end offering for project management and delivery that enables customers to effectively plan, build, and operate construction projects.”