Reducing costs and boosting revenue

USA Clients driving change > Cora Systems
 

Cora Systems, a global leader in enterprise project and portfolio management solutions, empowers organisations to successfully plan and manage projects for maximum profitability. Headquartered in Ireland, with regional offices in Dublin, Atlanta, and Bedford, Cora manages hundreds of billions of dollars in projects daily, serving hundreds of thousands of users across 50+ countries.

Founded in 1999, Cora specialises in project management software for organisations with complex project portfolios. With over 220 employees, the company has seen rapid growth, especially in the U.S. market, securing Fortune 100 clients in sectors such as Manufacturing, Aerospace & Defence, Healthcare, and Life Sciences.

According to COO Susanne Kerins, the rise in remote work has increased demand for cloud-based tools like Cora’s platform, noting that many enterprises are seeking more efficient ways to manage complex projects across dispersed teams. 

"Global supply chain disruptions, labour shortages, and inflation have created significant challenges, costing organisations hundreds of millions of dollars," she said. "Cora’s solutions provide the 'power of predictability,' offering complete control, governance, and the insights needed to safeguard margins and track performance."

Serving over 100 global clients, which include Honeywell, Northrop Grumman, Roche, PwC, and the NHS in the UK, the majority of Cora's revenue comes from the U.S. market. Cora leverages advanced data analytics and machine learning to predict project risks, resource needs, and outcomes. This approach provides real-time access to data, improving collaboration and enabling more informed decision-making.

Delivering ROI for clients

Cora's platform integrates scheduling, forecasting, resources, and financial controls, helping clients deliver projects on time and within budget. Kerins points to notable ROI achievements, such as Honeywell reducing cost overruns by $200 million and adding $250 million in change order revenue within eight months of using their award-winning product, Cora PPM.

Examples of other client successes include Automated Logic Corporation recovering a 2% net margin across projects, Cityfibre reducing forecast volatility by 55%, WSP reducing reporting time from 10 hours to seconds, and the NHS achieving £600K in efficiency savings annually.

Cora’s growth in sectors like Manufacturing, Aerospace & Defence, Healthcare, and Life Sciences is driven by factors such as rising geopolitical tensions, the demand for sustainable solutions, and investment in advanced manufacturing. 

Kerins says that despite challenges such as inflation, supply chain issues, and talent shortages, Cora’s platform provides the visibility, control, and agility needed to navigate complexity and drive innovation. 

"Our solutions help future-proof operations by delivering the 'power of predictability' in an ever-evolving business landscape,” she said.