Asite has been awarded a five-year contract with Aldar Properties to work across their future project development pipeline. Aldar Properties will utilize the Asite Project Portfolio Management (PPM) solution, which showcases an integrated Common Data Environment (CDE), to streamline information management at all levels of the asset lifecycle.
The construction cloud platform will simplify project information and enhance collaboration across the full lifecycle of Aldar’s assets – these encompass a range of sectors, including residential, retail, commercial and hospitality and leisure.
Aldar has delivered exciting projects in Abu Dhabi, such as their internationally recognized HQ building (the first circular building on its kind) situated in the Al Raha Beach development, the Gate Towers in Shams Abu Dhabi on Al Reem Island, and Yas Island’s F1 circuit.
Ritesh Narain, EVP of MENA and India said: “Asite is extremely excited to start our journey with Aldar Properties and their innovative project portfolio.
“The demand for a cloud-based platform that enables open information sharing across the entire supply chain has been increasing in the UAE for some time now and we’re thrilled to be able to bring Asite into this dynamic market.”
Asite’s robust and secure CDE will provide a holistic view across Aldar’s vast and wide-ranging capital projects, including streamlined document management to store, track, manage, and access all project assets from one centralized repository.
Advanced task management and extensive project reporting, alongside collaborative BIM (cBIM) – incorporating standardized naming conventions and design coordination to mark-up project models – will also help Aldar to build better across their portfolio.
For projects that have been built and require operating and maintaining, the Asite platform will provide complete asset lifecycle management solutions. This includes providing a 360-degree view of Aldar’s asset portfolio, building an inventory for complex assets in a single online environment, and maintaining a golden thread of information.
Aldar will also benefit from a complete planned and preventive maintenance solution in alignment with asset information model requirements, a robust system for managing the lifecycle of a work order using automated workflows, and comprehensive incident tracking.
Maan Al Awlaqi, Executive Director, Strategy and Transformation, Aldar Properties said: “Innovation and digital transformation are central to Aldar’s business strategy. Partnering with leading digital engineering companies like Asite enables us to enhance operational efficiencies, increase knowledge sharing across our supply chains, and deliver a seamless customer journey.
PropTech is transforming the way real estate companies operate and we are witnessing more businesses in the UAE and the region reaping the benefits of investing in cloud-based platforms to deliver sustainable value to its stakeholders.”