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Deltek has announced a renewed focus on innovation in 2023 as the company aims to help project businesses navigate the changing professional services landscape.
Looking ahead to 2023, Neil Davidson, vice president of Deltek’s professional services group, said the company is working on several upgrades to its solutions and offerings as part of its continuous improvement agenda.
“We will continue to innovate our existing products including Maconomy, Vantagepoint, Ajera, WorkBook and Costpoint – among the core solutions that have attracted thousands of new customers over the past year,” he said. “Our emphasis on product development is directly aligned with customers’ appetite for digital transformation.”
One area that is being worked on is talent. “In 2022, we saw companies realize that employee wellbeing, morale and overall engagement is a huge factor in project success. And technology has been used not only for operational efficiency, but also to improve the employee experience. Innovation requires enterprise-wide learning, creativity, team building, and better communication among employees, all of which are factors in employee motivation.
With the battle for talent more competitive than ever, Deltek expects this trend to continue, and as a result, several product innovations around talent attraction, workforce engagement and employee experience will be launched this year.
Efficiency and productivity are other areas of focus. “We all know that the rising cost of living is impacting businesses of all sizes in all industries. From material costs skyrocketing to office running costs, the financial pressure is being felt across business operations,” said Davidson.
“Our work at Deltek helps project businesses maintain productivity, which can help ease the pressures felt. And we’re proud to do just that. Digital transformation is a simple solution to a world of challenges that can enable businesses to streamline operations, empower employees and better understand the business.”
According to Deltek, businesses that have not yet embraced the digital era will continue to face a number of interconnected challenges in 2023, including the rapid maturation of their digital transformation strategies and the move to the cloud. Successful project-based businesses will embrace digital transformation to bring together best-of-breed solutions, adopt cloud-based solutions to meet cybersecurity and data protection requirements, and upgrade their existing technologies to attract talent.
Based in the United States, Deltek is one of the largest software providers to the professional services industry. The company has a strong presence in the field of management and technology consulting.
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