The engineering industry literally shapes our world. With this kind of impact, engineering organisations bear a heavy responsibility and are faced with some unique business challenges. Wherever they focus their energies, they have to successfully respond to rapidly advancing technology, demands for lower prices and shorter completion times, increased competition, including from niche players, increased pressure on public spending and new forms of procurement driven by higher customer expectations. In addition to these challenges, engineering companies must continue to meet strict compliance, regulatory and tax requirements, while maintaining high standards in environmental management. With new information technology, possibilities continue to emerge for engineering companies to leverage data and analytics to drive deep insight and smart decision-making to take advantage of new opportunities.