May 1, 2018   SOURCE: BusinessWire

Oracle’s Aconex Surpasses $200 Billion in Transportation Project Value Managed on Its Platform

Oracle’s Aconex, a leading platform for digital project delivery, today announced that more than $200 billion in transportation projects have been managed on its platform to date. This includes 400,000 total users transmitting more than 60 million documents worldwide.

The infrastructure sector, and specifically transportation, is leading the way to adopting digital technologies to meet the needs of their clients demanding higher project performance. Teams, organizations, and government agencies are embracing change and transforming the way they build and operate assets. Innovators including The Colorado Department of Transportation (CDOT) and Valley Metro are bringing a whole new level of insights, control, and speed to project delivery – and doing it by investing in leadership, teams, effective process management, and technology.

CDOT and the High-Performance Transportation Enterprise (HPTE), an independent, government-owned business, are engaged in multiple highway infrastructure projects. As a result, they must comply with government regulations and always be prepared for audit checks. CDOT & HPTE have risen to the challenge, recently awarded the national grand prize in 2017 for ‘Best Use of Innovation and Technology in a Transportation Project’ by the American Association of State Highway and Transportation Officials (AASHTO).

“We are proud to be leading the way in digital technology adoption to provide transparency, quality and assurance to our clients, partners and the public we serve,” said Nicholas Farber, JD HPTE Operations Manager, CDOT. “By implementing Aconex, we were further able to reduce risk, manage our projects more efficiently, and easily demonstrate compliance. We also have an accurate record of project communications, change orders and schedules, and availability of all project documents, decisions, and actions for auditor review.”

Valley Metro provides public transit options in greater Phoenix, including the planning and operations of a regional bus system and the development and operations of 26 miles of light rail. With a growing transit system, including new high capacity transit extensions in the planning and construction stages, they have standardized on Oracle’s Aconex across their portfolio, leading to greater efficiency and collaboration with its project partners. The next phase of Valley Metro’s digital technology journey will be to implement Connected Cost to get early warnings into cost impacts and forecast with greater accuracy.

“We’re always looking ahead at how we can continue to implement new technologies to improve processes, and we’ve found great success with the flexibility Aconex provides,” said Wulf Grote, Valley Metro Capital and Service Development Director. “Aconex is a critical resource for a growing agency.”

"The future of human mobility is going to be an incredible adventure; autonomous vehicles and high-speed rail, transit and new ways to move around cities – accompanied by the technology to help us create infrastructure that dramatically enhances the user experience. Through technology, the possibilities are endless and we need to engage the best minds – imaginative, creative, analytic – to help us look forward investing in a great future,” said Norman F. Anderson, President and CEO of CG/LA Infrastructure, Inc. “Aconex is the kind of firm that will get us there, powered by the kind of people who really care about productivity, vision and the practical tools we need to accelerate into the future, connect our communities locally, and bringing us greater competitiveness globally.”

About Aconex
Aconex provides a leading cloud collaboration platform for digital project delivery. This platform connects owners, contractors and their project teams in the construction, infrastructure, and energy and resources sectors, providing project-wide visibility and control between the many different organizations collaborating across their projects. With more than 70,000 user organizations in 70 countries, Aconex is one of the industry’s most widely adopted and trusted platforms. Founded in 2000, Aconex has 49 offices in 29 countries around the world.

About Oracle Construction & Engineering
Oracle Construction and Engineering helps companies reimagine their businesses. With best-in-class project management solutions, organizations can proactively manage projects, gain complete visibility, improve collaboration, and manage change. Our cloud-based solutions for global project planning and execution can help improve strategy execution, operations, and financial performance. For more information, please visit www.oracle.com/construction-and-engineering.

About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

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