Wednesday, December 9th, 2015 - NewsMaker

Project-Wide Collaboration Reduces Risk for Joint Venture

JAKARTA, INDONESIA -- (Marketwired) -- Dec 08, 2015 -- Aconex Limited (ASX: ACX), provider of a leading cloud collaboration platform for the global construction industry, today announced that Anandamaya Residences, a joint venture between Astra International and Hongkong Land, is building three high-end residential towers in Jakarta's central business district using Aconex solutions. Designed as an architectural masterpiece, the US$150-million project consists of approximately 500 apartments with panoramic views, private swimming pools and other upscale amenities.

Derek Wong, head of design and engineering at Anandamaya Residences, said the joint venture selected Aconex after reviewing several solutions for electronic document management (EDMS). Members of the project team were concerned that the manual processes customarily used to manage information for residential design and construction would not scale effectively for such a large, complex project.

The team agreed on Aconex for several reasons. The project-wide collaboration platform not only enabled distribution and tracking of documents across the entire project, but also supported building information modeling (BIM), centralized communications and streamlined processes.

"We were initially looking for a document control system that would keep documents up to date and also make it easy to retrieve documents," Mr. Wong said. "However, Aconex could do a lot more than that."

Intuitive Interface, Neutral Platform

The project team, which currently consists of more than 40 different organizations, quickly learned the platform's user-friendly interface. As the project progressed from the design phase to construction, team members were able to instantly retrieve project-related documents and correspondence as needed, using the platform's metadata search capabilities. Meanwhile, sophisticated security options protected confidential information, and each organization retained control and ownership of its data.

Instead of having project information stored in various systems and managed by different organizations, everything was kept together on a neutral platform in the cloud, and everyone worked from the same up-to-date set of documents. This saved time and eliminated errors that can occur when multiple project participants make decisions and take actions based on different versions of a document.

Mr. Wong said he appreciates his newfound ability to keep close tabs on the design review process and to track requests for information (RFIs) as they progress from origination to final approval. The transparency and accountability facilitated by Aconex, which extend across all the organizations on the team, have accelerated turnaround times and increased predictability. Meanwhile, Aconex workflows keep critical project processes moving toward closure within predefined specifications and time frames.

One of Mr. Wong's favorite features is the dashboard that shows the status of workflows. "I can see if an item is overdue and, if it is, I can alert my staff to get it back on track," he said.

"The Anandamaya Residences will set a new standard for comfort and design in Jakarta," said Andy Lake, general manager of Asia at Aconex. "We appreciate the opportunity to manage information and processes across the project and to support the joint venture's timeline and budget parameters. We look forward to additional opportunities to serve the growing residential and commercial construction market in Indonesia."

About Aconex

Aconex Limited provides a leading cloud collaboration platform for the global construction industry. The platform connects owners, contractors and their project teams in the construction, infrastructure, and energy and resources sectors, providing project-wide visibility and control between the many different organizations collaborating across their projects. With more than 60,000 user organizations and over $1 trillion of project value delivered in more than 70 countries, Aconex is the industry's most widely adopted and trusted platform. Founded in 2000, Aconex has 41 offices in 22 countries around the world, including headquarters in Melbourne, Australia and San Francisco, California. The company's ordinary shares are traded on the Australian Securities Exchange (ASX) under the ticker code ACX.

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For more information on Aconex, please visit:

Aconex Contacts

Tod Bottari
+1 650 538 3309
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Matthew Gregorowski
+61 2 9290 3033
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Anandamaya Residences Deploys Aconex Luxury Towers Jakarta

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