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What does Engineering & Construction, Aerospace & Defense, Consumer Products and Automotive have in common?

Recently I changed job role within Oracle to a different Product group and to different industries. That is, I went from 1 industry being "Engineering and Construction" - providing this industry with in-depth knowledge on Project Portfolio Planning software to multiple industries (mentioned in the header) providing them with strategic ERP, Planning, Budgeting & Forecasting (EPM) and Visual Analytics solutions (BI).

I asked myself; How do I exploit my expertise in Project Portfolio Planning while creating a value proposition and solution for all of these different industries? What challenges do they have in common? If any...

When reading the 'Industry perspectives and Trends' on the website of PWC

(source; http://www.strategyand.pwc.com/global/home/what_we_do/industries) I found out the following:

Engineering & Construction companies need better technology and a clear crystal ball to break out of the commoditization trap. Automotive companies are facing Major transitions that will transform auto manufacturing in the next 10 years. Aerospace & Defense contractors battle with tight budgets, tech firms and military needs. Chemicals industry targeted by shareholder activists must finally shed old habits and adopt new productivity and digital strategies

As you can see, the industries mentioned above together with other industries are all facing some transformations to stay ahead of their game. These 'digital' transformations all depend on proper planning and business strategy.

As most of these companies do have an adopted IT environment to improve their business there are a number of companies that don't have this in place.

Are you facing the next change in business transformation regarding IT?

#IT #ERP #EPM #Oracle