4. Richard Beard, managing director – Middle East and Asia, Ramboll (Power 100 ranking: 39)
In 2017, Ramboll’s revenue reached $1.6bn (AED5.88bn), “of which Ramboll in the Middle East’s revenue was $57.8m (AED212.31m),” says Richard Beard, Ramboll’s managing director for the Middle East and Asia. “The gross revenue forecast for 2018 in the Middle East is $67.1m (AED246.47m), or 16% of growth.”
According to Beard, the construction industry has seen some interesting disruptive trends of late. These have challenged the “traditional methods of procuring and delivering projects, both in the private and public sectors”, he says. “This is providing great opportunities for those companies that are embracing innovation through digitalisation initiatives and also through alternative contracting models.”
He continues: “At Ramboll, we see the world of virtual design and engineering as a fast-growing field with rapid developments. As an example, we have several initiatives in place to incorporate digital design into the way we plan and design buildings of the future.”
Ramboll’s recent portfolio has included the super-tall high-rise project Damac Heights in Dubai Marina, where the firm was appointed as the lead consultant; and Dubai Internet City’s Innovation Hub initiative, Phase 1 of which was delivered in 2017 and saw Ramboll provide multidisciplinary services including mechanical, electrical, and plumbing (MEP) services, structural engineering, fire and life safety, waste management, acoustics, and site supervision.
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