Construction Industry Tech Spending is On the Rise. Construction has historically been slow in embracing digitalization, but the industry is now undergoing a significant shift as more companies recognize the need for technology to improve productivity and streamline processes. This trend mirrors a nationwide pattern of increased tech budgets across various industries. According to a […]
Can Accounting and Project Management Play Nice? in The construction industry is facing a widespread crisis: contractors are being robbed in plain sight, not by masked individuals, but by their fragmented software solutions used to manage project and financial data. Like skilled pickpockets in a crowded street, these systems are silently siphoning money from their […]
Construction Operating Systems: What you need to know, but are afraid to ask. Today is off to a great start as you enjoy a refreshing cup of coffee at the office café. There’s an energetic atmosphere around you, and a phrase seems to be on everyone’s lips: construction operating systems. We understand that keeping up […]
How to Assess Risks for Project Managers If Economy experienced a severe subprime crisis, leading to a significant contraction in the construction sector. This contraction was the fastest and most severe in recorded history. The crisis had several detrimental effects on the industry, including the freezing of credit markets, which caused subcontractors to go bankrupt. […]
Quality and safety are paramount considerations throughout every phase of a construction project. The challenge lies in ensuring that quality and safety programs operate efficiently without redundant efforts. Achieving optimization, rather than duplication, is the key to success that call construction management solution. To accomplish this, general contractors must emphasize thorough inspections at each stage […]
In the ever-evolving landscape of the construction industry, the need for agile technology has become increasingly apparent. Despite the forecasted growth of the global construction estimating software market, with a projected increase of over 10% from 2016 to 2020, there are significant challenges, particularly in terms of interoperability. Interoperability, the seamless integration of different software […]
When stress runs high, your ability to navigate the complexities of a construction site can be compromised. In the tumult of angry calls from owners and negotiations with subcontractors, unnecessary stress becomes a hindrance to both you and your projects. In a field where orchestrating chaos is the norm, why add more difficulty by adopting […]
Many small construction businesses opt to forgo legal counsel in an attempt to minimize expenses, only to find themselves facing challenges due to unfavorable contract clauses. Contractors often encounter difficulties with specific contract clauses that tilt the balance against them, hindering their success even before commencing the construction contract clauses project. Here are four construction […]
In a rapidly evolving construction industry influenced by megatrends like market shifts, sustainability concerns, societal changes, and regulatory dynamics, staying ahead is crucial for survival. A recent report from the World Economic Forum highlights the need for construction companies to adapt and thrive in the face of these transformative forces. Here are 10 Things Construction […]
If you find yourself questioning the need for a software upgrade with thoughts like, “How is it possible I have to upgrade my software already?” it might be time to explore a solution that is future-proof. The rapid pace of technological advancements can be overwhelming, but adopting a strategic approach based on key criteria can […]
