CIO OPINION have heard from one of our customers just recently about how the Procore solution helped it centralise , organise and standardise documentation and processes . Now everyone is aligned from the start and this phase becomes the catalyst for success .
We have also seen that easy-to-use , mobile-friendly software improves employee engagement and increases everyone ’ s productivity through timely communication . It also allows people to easily access documentation and communicate remotely , even when away from the site . There has never been a stronger case for industry digitisation and we are excited to see what opportunities the speed of Digital Transformation opens up for the future .
How important is data analysis to construction projects and how does Procore contribute to helping construction owners and Tier 1 contractors with real-time transparency and visibility to make informed and data-centric decisions ?
A construction management platform is one single source of truth . It connects stakeholders , processes and data , owners and contractors , to drive improvements across a project ’ s life cycle in a transparent and collaborative manner . By integrating data , project managers can ensure the right person is in the right place at the right time with the right information , materials and equipment to do the job right and safely .
With the data it accumulates over time , a platform like Procore can help realise a company ’ s potential and create opportunities for operational excellence and optimise business resources at scale . Data and realtime analytics also empower you to reduce risks and be more agile as each situation demands . The greater visibility into performance across all your projects can help save increasingly valuable hours and money by anticipating risks and mitigating them before they become problems on the ground .
In what ways does Procore ’ s construction management platform empower owners , main contractors and subcontractors to assert control over construction outcomes , positioning itself not merely as a provider but as a collaborative partner ?
We strive to be genuine partners in our customer ’ s Digital Transformation journey . One of our customers who acts as both owner and Tier 1 contractor has been with us for five years . It is consistently growing the number of projects it manages with Procore , which is significantly scaling up its business . During these years it has leaned heavily on our human 24-hour support . It has also used a lot of our consulting services to help mature its own culture and train its workforce for success .
Through these five years it has seen junior people enter the business , gain valuable digital skills with Procore , move to senior roles and add more value to the team . This illustrates that the value of digitisation lies not just in direct project-related savings , reduced risk and increased efficiency , it is also about your people , company culture and how they benefit from the transparency , speed and agility the construction management platform brings . Thanks to standardisation within the platform , knowledge transfer is easier and cohesive operations that become more resilient in the face of change are built .
It is also worth noting that Digital Transformation helps the company become more attractive to digital-native talent and more inclusive through casting a wider net . Enhanced standardisation via technology can lower the barrier to entry into construction from other sectors and offer an opportunity to attract talent with diverse backgrounds and skillset . This will aid the competitiveness of your company in a rapidly changing business environment .
What is the future of the construction industry in 2024 and beyond ?
The future remains bright for the industry , but this also depends on how we navigate the current storm . For business leaders , now is the time to take a birds-eye view of how you operate and see what you want to do better in 2024 and beyond . There is no doubt we will see more industry-wide data , better predictability , greater levels of automation and other new developments . This will require the application of more human brain power geared towards solving the complex issues that software cannot . Personally , I want to see more diverse talent in construction and people leading better and balanced lives . Technology can help in all these areas if we take advantage of it today . p
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