Case Study: Wien 3420 Aspern Development AG achieves all costs under control with Oracle Aconex

Wien 3420 Aspern Development AG - Customer Case Study

Aspern Vienna’s Urban Lakeside is one of Europe’s largest urban development projects, transforming 240 hectares of former airfield in Aspern, Austria into a mixed residential and commercial district with 8,500 apartments, 20,000 workplaces and a central park with a 5‑hectare lake. The project faced complex cost-management challenges: reliance on manual Excel processes led to data and calculation errors, while frequent schedule and architectural changes and differing cost factors by use required precise allocation of all costs to individual development areas.

Conject (acquired by Aconex) delivered a continuous, source-based cost-management solution that gives a complete, up-to-date overview of expenses and allocates costs to specific development areas and building units. The result was optimized financial procedures, earlier corrective action to reduce overspending, improved planning and budgeting security, and a secure basis for planning and construction decisions grounded in the real costs of each unit.

Wien 3420 Aspern Development AG

Peter Scheich

Chief Controller