The Impact COVID-19 Is Having on the A&E Industry and What Deltek Is Doing to Help
By Megan Miller, Senior Product Marketing Manager, Deltek
The architecture and engineering (A&E) industry continues to navigate the uncertainty and unpredictability of today’s environment. The long-term impacts on project funding and client priorities remain in flux, but there are some bright spots and optimism in the industry.
Supporting the Industry
Deltek recently shared key insight into the impact of COVID-19 on the architecture, engineering and construction industry focused on major efforts underway at the federal, state and local levels. At the federal level, AEC contracting has recently seen an 18% growth year over year. State and local agencies received stimulus funding in several key categories including direct relief, FEMA, education, mass transit, airports, justice and more, keeping many major projects on track.
In our ongoing effort to support the industry, Deltek continues to monitor the changing landscape, providing updates in the Coronavirus Government Response Research Center. The Resource Center provides updated research and analysis dedicated to helping the government contracting community understand and stay informed about the impact of response efforts.
The Impact of COVID-19 on the AEC Industry
Deltek has supported the A&E industry for more than 35 years, continuing to grow and evolve our solutions to support the changing needs of the industry. We have a vested interest in the success of not only our thousands of A&E customers, but the industry as a whole and are continuously looking for ways to better support the industry.
Strategic partnerships with industry-leading organizations like the American Institute of Architects (AIA) help Deltek make informed decisions about the current and future needs of customers and future customers alike.
According to a recent survey by the AIA, “two thirds of firms report slowing or stoppage of projects due to COVID-19,” and anticipate the numbers to continue to decline more markedly in the coming months. But, many firms are seeing current design projects moving forward with more uncertainty around future or prospective projects.
In some cases firms are taking advantage of the uncertainty and creating opportunities for improvement in either the types of projects they pursue or how they run their business. Companies are taking a closer look at how they are supporting their remote workforce, what’s happening to their pipeline, where there are inefficiencies in their project delivery processes and how they can maintain cash flow. And that’s where Deltek can help.
AIA March 2020 Special Report
The Projected Impact COVID-19 is Having on Architecture Firms
How Deltek Can Help
Whether your company is looking to move to the cloud for greater accessibility, improve how you use your current Deltek solutions to increase efficiency or are looking for a better solution to support your business, Deltek can help. Here are a few ways that Deltek can partner with you to help move your business forward.
- Improve Your Business Virtually: whether you want to improve how you use your current Deltek system or need to move to a more reliable solution, the Deltek Global Consulting team can support your business improvement from anywhere so you can take advantage of the opportunity to drive your business forward when the time is right for your business.
- Enable Agile Project Management: as projects change and evolve, ensure your project managers have the visibility and accessibility they need to monitor their projects in real time to keep remote workers on track regardless of physical location.
- Go Paperless: many companies are being weighed down by stacks of papers from timesheets and expense receipts to draft invoices and bank statements. Let Deltek help you implement paperless processes so your teams can get paid for the work delivered quickly and efficiently instead of shuffling and sending paper copies or receipts.
These are just a few examples of the many ways Deltek can support your business.
Empower Your Virtual Workforce
Improve Productivity and Collaboration with Deltek
As you can see, Deltek is dedicated to the architecture and engineering industry and is committed to continuing to invest in the solutions that serve this industry. Deltek is your trusted partner and we will continue to look for ways to better support your business, your employees and your projects.
To keep up with what's going on in the A&E industry, be sure subscribe to Deltek's Architecture & Engineering blog focused on industry best practices to keep your firm operating at peak efficiency.
About the Author
Megan Miller is a senior product marketing manager with Deltek and works with architecture & engineering firms around the world to help them improve their business processes through technology and thought leadership with resources like Deltek Clarity and Deltek’s leading project-based software solutions. Connect with Megan on LinkedIn.
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