YIT's Road to Success with Itwo
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iTWO Success Story : YIT YIT’s Road to Success with iTWO Challenges YIT used to have several different systems across the group, which causes data being dispersed in multiple sources. This makes it very difficult to provide even the basic information for the end users. Besides, multi systems Headquartered in Helsinki, Finland, YIT is the lead to complicated working largest residential construction company in processes. The company needed to find a solution to Finland and the largest foreign residential simplify the process and construction company in Russia. The company’s centralize the information. operating area covers Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland. It creates sustainable urban Solution environments by building apartments, business premises, infrastructure and entire areas. With a · iTWO as the cornerstone of project information management strong market position and extensive experiences, they provide a first-class customer · iTWO as the cornerstone of project management process experience, high quality and diverse expertise. YIT started its iTWO journey since 2014. With the implementation of iTWO, the Headquarter company can have all the information collected, analyzed and distributed from one Helsinki, Finland central system in an easy and fast way. By combining iTWO information with real-time observations from the construction sites, the YIT team can take early Founded 1912 indications on where the projects are going and take proactive actions. Besides that, iTWO implementation has been a major change-management process. YIT Industry centralized all the management systems and changed the way stakeholders Construction cooperate in the construction process. Products & Services Housing, Business Premises, Infrastructure Employees 5,300 Revenue 1.8 Billion Euro (2016) Website https://www.yitgroup.com/en RIB Software SE Vaihinger Straße 151, 70567 Stuttgart, Germany [email protected] http://www.itwo.com © RIB Software SE All Rights Reserved iTWO Success Story : YIT YIT’s Road to Success with iTWO iTWO Implementation Key Numbers 2014-2017 1,200 total amount of users 620 total amount of estimated projects 2.8 billions Euro estimated costs in iTWO iTWO covers the entire chain from BIM modeling, quantities, cost estimation, scheduling, to controlling and monthly reporting. Modeling Quantities Costs Scheduling - In-house - Designer 3D take-off Estimation Controlling Monthly reporting Tenders - Works performed - Actual costs details - Budget - Project status Purchasing Progress - Actual costs - Projects Master data - Contracts - Costs allocation in time - Costs forecast - Cross-project controlling - Works Scheduled - Contracts status - Deviations - Projects comparison iTWO Cross-project Controlling: iTWO Dynamic Business Partner Management · Identifying each project’s strong and weak points. · Providing a common centralized Vendors database for YIT. · Management and summary reports are done at one · Providing the necessary audits of contractors (safety, technical, button in iTWO. financial, legal) in all Business units by the same rules. · Provide comprehensive reports about cost plan, fact · Getting feedback from the construction sites. analysis, work schedule accuracy, change orders, · Providing the physical progress growth etc. tender processes · More effective and timely decisions based on real time in iTWO by using information. Business Partner · Early forecasting and indications for proactive actions. Management database directly. iTWO Projects 2017 · 60 active users, who manage the data in the System · 100 projects, including Area costs projects · 200 employees, who use information from the System · 1.4 billion Euro – the Total projects costs RIB Software SE Vaihinger Straße 151, 70567 Stuttgart, Germany [email protected] http://www.itwo.com © RIB Software SE All Rights Reserved.