J. Ray McDermott Selects Proliance Software for Construction Project Management
Global engineering firm serving the offshore industry uses Meridian technology to implement new cost management initiative.
FOLSOM, Calif. (May 22, 2005) — Meridian Systems®, a provider of enterprise project management software for optimizing capital projects, programs and facilities, announced today that leading worldwide marine solutions company J. Ray McDermott (J. Ray) has selected Proliance® software for global project management.
J. Ray selected Proliance as part of its new cost management initiative to drive enhanced project execution, centralize project information, and to support standardization across multiple regions. Proliance will serve as the cost management system for project controls staff, providing complete visibility into project financials and supporting global compliance requirements. Proliance will be rolled out globally, with initial phases taking place in the Dubai and Singapore regions.
“Having world class project controls is key to the successful operations of J. Ray McDermott. We selected Proliance because it will provide the efficiency and visibility we require to serve our customers and meet business objectives,” said Steve Goodman, Global Director of Project Controls at J. Ray McDermott.
The Proliance budget and cost management capabilities will streamline project execution, enabling J. Ray’s project controls team to be more efficient. The Proliance Anticipated Cost Report (ACR) functionality provides project teams with deep dive and roll up views into cost data, making it easy to analyze projects and to fully understand project status.
As a multinational corporation doing business in several geographic regions, J. Ray needed to centralize project information onto a common database, while enabling process and data flexibility to individual regions. With Proliance, J. Ray can improve visibility into its global project portfolio through a powerful business intelligence system. Management can establish the common data parameters that are required for consistent and reliable reporting, but also allow regional users to easily configure processes and data for their own use.
Centralizing project data also enables the creation of a project management knowledgebase that J. Ray can leverage across all project teams. Users can be proactive and to react to issues early on in the project lifecycle.
Proliance also supports J. Ray’s requirement to standardize the company on one work breakdown structure (WBS). This capability allows Proliance to become the hub for all information within Project Controls. “As our cost management system, Proliance will become the hub for all project controls information; we will work with Meridian over time to integrate Proliance with our other critical applications within JRM,” noted Goodman. Enabling this integration is the Proliance technology platform, built utilizing Web Services and XML technology, allowing Proliance to easily extend to other critical business systems.
Proliance software uniquely combines project and portfolio management functionality, facilities management, business process management and business analytics, on a scalable enterprise technology platform, providing one system of record for managing all capital projects, programs and facilities. For more information on Proliance, call Meridian at (800) 850 2660, or go to our website at www.meridiansystems.com/pr052206.
About J. Ray McDermott
J. Ray McDermott is a leading global marine solutions company with fabrication facilities in the Americas, Middle East, Caspian and Asia Pacific. Services include design, fabrication, transportation and installation of offshore platforms and pipelines. JRM operates a diversified fleet of vessels for the marine construction industry. Most of its primary vessels are a combination derrick and lay barges, making the fleet one of the most versatile in the world. The JRM global fleet is located in the Gulf of Mexico, Asia Pacific, the Middle East, and the Caspian. J. Ray McDermott is a wholly-owned subsidiary of McDermott International, Inc.
About Meridian Systems
Meridian Systems provides enterprise project management software for optimizing the plan, build and operate lifecycle for real estate, construction and other physical infrastructure initiatives. Building owners, construction and engineering firms, and government agencies use Meridian technology to improve top-line revenue growth while reducing their capital construction costs. Meridian was named as the leading software vendor in the categories of project management software and collaboration for the construction industry in the 2006 National Construction-Technology Survey from Constructech Magazine. Meridian also ranks as the market share leader in project management and collaboration software among general contractors with over $101 million in revenue*. Meridian is headquartered in Folsom, Calif. For more information, call Meridian at (800) 850 2660, or go to www.meridiansystems.com.
*Statistics excerpted from CFMA’s 2006 Information Technology Survey for the Construction Industry, sixth edition with the permission of the Construction Financial Management Association, Princeton, NJ, (609) 452 8000.
Meridian Contact:
Sue Watkins, Director of Marketing
swatkins@meridiansystems.com
