Ferrovial has chosen IBM (NYSE: IBM) as its technological partner for creating a Fixed Asset Management Centre of Excellence. The Centers goal is to enhance Ferrovial's efficiency by implementing common processes in the group's various companies. The objectives of the Center of Excellence include:
- Designing more efficient, common processes for Ferrovial companies. This will require implementing best practices to simplify and standardize each company's processes.
- Creating tools to develop shared applications that expedite implementation.
- Encouraging cooperation and exchange of expertise between Ferrovial companies. To this end, the Center will establish communication guidelines and a standard training plan for all group companies.
- Creating a global platform from which all of the company's strategic assets can be assessed and managed.