Autonomy and HP CEOs plan for the future
One of Leo Apotheker’s last projects before departing as Hewlett-Packard CEO was the acquisition of U.K. software company Autonomy Corp. however, Autonomy’s CEO Mike Lynch says the logic behind his company’s $10.3 billion takeover by HP hadn’t been clearly communicated and he plans to stay in his current position for at least a couple of years, according to Bloomberg.
Reports are surfacing that the plan to eject Apotheker came just a couple days before it was formal that Meg Whitman would come in to take over the reins. Under Apotheker, the company felt three sales forecasts cuts and strategy shifts in addition to the completion of Autonomy. He was also responsible for a possible spinoff of the personal computer business and killing of HP’s WebOS tablets and smartphones.
“It was a shame that the rationale hadn’t been clearly communicated,” Lynch said of the takeover of the U.K.’s second- largest software company in the article. “It’s not just another software acquisition.”
Lynch founded Autonomy in 1996 and owns 8 percent of the company’s shares and will report directly to Whitman. She said yesterday she planned to continue with Apotheker’s strategy to avoid alienating shareholders unsettled by changes in course under the previous tenure. Autonomy will give HP software that searches a broad range of data, including e-mails, music, video and posts on social networks. The CEO plans to focus on tying the company’s software to HP’s hardware.
Intelliwave SiteSense boosts APTIM material tracking
“We’ve been engaged with the APTIM team since early 2019 providing SiteSense, our mobile construction SaaS solution, for their maintenance and construction projects, allowing them to track materials and equipment, and manage inventory.
We have been working with the APTIM team to standardize material tracking processes and procedures, ultimately with the goal of reducing the amount of time spent looking for materials. Industry studies show that better management of materials can lead to a 16% increase in craft labour productivity.
Everyone knows construction is one of the oldest industries but it’s one of the least tech driven comparatively. About 95% of Engineering and Construction data captured goes unused, 13% of working hours are spent looking for data and around 30% of companies have applications that don’t integrate.
With APTIM, we’re looking at early risk detection, through predictive analysis and forecasting of material constraints, integrating with the ecosystem of software platforms and reporting on real-time data with a ‘field-first’ focus – through initiatives like the Digital Foreman. The APTIM team has seen great wins in the field, utilising bar-code technology, to check in thousands of material items quickly compared to manual methods.
There are three key areas when it comes to successful Materials Management in the software sector – culture, technology, and vendor engagement.
Given the state of world affairs, access to data needs to be off site via the cloud to support remote working conditions, providing a ‘single source of truth’ accessed by many parties; the tech sector is always growing, so companies need faster and more reliable access to this cloud data; digital supply chain initiatives engage vendors a lot earlier in the process to drive collaboration and to engage with their clients, which gives more assurance as there is more emphasis on automating data capture.
It’s been a challenging period with the pandemic, particularly for the supply chain. Look what happened in the Suez Canal – things can suddenly impact material costs and availability, and you really have to be more efficient to survive and succeed. Virtual system access can solve some issues and you need to look at data access in a wider net.
Solving problems comes down to better visibility, and proactively solving issues with vendors and enabling construction teams to execute their work. The biggest cause of delays is not being able to provide teams with what they need.
On average 2% of materials are lost or re-ordered, which only factors in the material cost, what is not captured is the duplicated effort of procurement, vendor and shipping costs, all of which have an environmental impact.
As things start to stabilise, APTIM continues to utilize SiteSense to boost efficiencies and solve productivity issues proactively. Integrating with 3D/4D modelling is just the precipice of what we can do. Access to data can help you firm up bids to win work, to make better cost estimates, and AI and ML are the next phase, providing an eco-system of tools.
A key focus for Intelliwave and APTIM is to increase the availability of data, whether it’s creating a data warehouse for visualisations or increasing integrations to provide additional value. We want to move to a more of an enterprise usage phase – up to now it’s been project based – so more people can access data in real time.