For most of us, 2020 did not go according to plan. Contractors have been tasked with finding new ways to run their businesses, putting finance teams at the center of this “new normal.” There are key data points that your business should focus on to not only monitor for market conditions, but also to gain […]
With the digitization of construction processes and the use of mobile devices on jobsites, we are seeing more data captured from our projects than ever before. This data can be used to improve overall quality and reduce project risk. But, according to a study by FMI, 95% of that data is going unused by construction […]
Theft on a construction site is not uncommon, and it can have a significant impact on timelines, budgets and profits. With stolen equipment alone estimated at a billion dollars in losses each year, theft has been a problem that has plagued the industry since its inception. Luckily, as technology improves, construction leaders are finding better […]
There’s no denying it: drones have made their way into the construction industry. And they are here to stay. Today’s drones pack a big punch, helping project managers, superintendents, field engineers and virtual design + construction (VDC) teams build instant ROI with jobsite-ready maps and models. Time and again, drones save money, reduce downtime and improve safety on construction projects.
The second wave of construction’s digital transformation is here and advancing cost management is at the forefront. Explore how real-time financial tools can improve your bottom line and redefine what’s possible for construction cost management. Over the last two decades, construction’s digital transformation has focused on digitizing drawing and documentation management, while largely ignoring cost […]
On-time, on-spec and on-budget delivery define how today’s construction projects need to be executed against the backdrop of challenges construction companies face: rising customer/owner expectations, tight schedules and increasing complexity. In this webinar, you’ll get an overview of project delivery methods; how to choose and make use of a construction technology platform to facilitate improvements to project delivery; how to enable total project visibility for faster and more accurate decision-making; and how to use integrations to connect with existing systems to maximize your ROI.
While not the most glamorous phase of construction, commissioning and handover plays an important role in building a foundational relationship of trust between a general contractor and their client. A recent report published by FMI examines how levels of trust directly impact project outcomes and financial performance. One of the report’s findings states that “firms […]
It’s safe to say that construction is in the prime of its digital revolution. Many contractors have adopted cloud software, as well as other technology, but many are still seeking out the best way to standardize processes so that they can reap the full benefits of their investments—specifically in regards to QA/QC management. When implementing […]
As contractors continue to navigate uncertainty, establishing a comprehensive long-term business success plan has never been more important. Through decades of supporting the construction industry, we’ve identified best practices for leveraging key principles to realize steady, predictable business growth. In this webinar, we will cover how contractors can focus on what will have the greatest […]
The construction industry is often a laggard when it comes to adopting the newest technologies. But even firms that adapt can fail to make the most out of their investment. Often, adopting new technologies can lead to siloed data, duplicate entries and tech support nightmares. Using a common data environment can facilitate integrations and smooth over movement of data across […]
