The Power of Platform Technology Adapting to change using open, integrated systems 1
Webinar overview 01. Brief Introduction 02. Current state of Technology in the Construction industry 03. Benefits of Platform technology 04. Key insights & Best practices 2
— Today’s Speaker Chandler Brooks Head of Strategic Alliances, Associations 3
— 02 Technology and Change in the Construction Industry
Construction is increasingly complex. ARCHITECT OWNER FINANCIER Custom/ Prototype Business ENGINEER Complex GENERAL Stakeholder INSURER CONTRACTOR Dynamics Mobile and Decentralized SPECIALTY SPECIALTY SPECIALTY Workforce CONTRACTOR CONTRACTOR CONTRACTOR MATERIAL EQUIPMENT Constant SUPPLIER SUPPLIER Change SPECIALTY SPECIALTY SPECIALTY CONTRACTOR CONTRACTOR CONTRACTOR 5
The Way We Build is Evolving Analog Internet & Mobile Insights 6 1ST ERA OF 2ND ERA OF 3RD ERA OF CONSTRUCTION CONSTRUCTION CONSTRUCTION PRE 1999 1999 - 2018 2019 -
Builders Still Struggle to Get the Insights They Need THE PATCHWORK THE PLATFORM APPROACH APPROACH + Disconnected project teams + Open + Fragmented, delayed project visibility + Flexible + Many disjointed tools to accomplish job + Connected + Erroneous, inconsistent data + Secure + Difficulty connecting field to office PEN-AND-PAPERVILLE 7 CONSTRUCTION INSIGHTS
Every stakeholder still works in technology silos 8
Technology Adopted in Silos By company type
Technology Adopted in Silos By department
Projects Suffer Because technology doesn’t deliver business value, reduce risk, or create future roadmap Communication + Disconnected project teams & collaboration Real-time + Fragmented, delayed project visibility ≠ project visibility Streamlined + Multiple tools to accomplish job workflow Single source + Erroneous, inconsistent data of accurate data Data captured & + Difficulty connecting field to office shared in the field
Why is Construction complex and inherently difficult? 12
Core tenants of behavior change Direct the Rider Motivate the Elephant Shape the path “Switch” Chip Heath & Dan Heath Source: https://heathbrothers.com/books/switch/ 13
— 03 The benefits of Platform Technology
Technology Adopted in Silos vs. a Platform
The Construction Platform CRM One Construction Platform that connects the entire project team, from the office to Quality the field and across companies, providing & Safety one place to work together to do what you do best Field – Build. Productivity
Platforms Transform Every Industry Transformed how we buy Transformed how we sell Transformed how we meet Transformed how we engage 17
Connecting & Streamlining Apps ACCOUNTING ANALYTICS BIDDING BIM CRM DEVICES Open API access for customers and developers 200+ DOCUMENT ESTIMATING DRONES FIELD COMMS FIELD PRODUCTIVITY IT MANAGEMENT & TAKEOFF third-party applications available 72% of customers use at least LEGAL & REALITY CAPTURE RESOURCE SITE CAMERAS QUALITY & SAFETY SCHEDULING one integration COMPLIANCE & PROGRESS MANAGEMENT & IOT SITE DATA 18
Industry Leaders Trust Platform Technology OWNERS GENERAL CONTRACTORS SPECIALTY CONTRACTORS 19
Manage More Work With One Construction Platform REDUCE RISK: 129% MANAGE 29% MORE Capital Projects/Assets Surveyed: Owners 132% MANAGE 32% MORE Construction Volume Surveyed: Contractors 100% (Efficiency prior to Platform Technology) HOURS SAVED: Superintendents/foreman Project managers 12.0 hours/week Project engineers 20
— 04 Key Insights and best practices
Some key insights from Construction Leaders Establishing a tech strategy (Shape the path) Technology Adoption by end users (Motivate the Elephant) Planning for the future (Direct the Rider) 22
Establishing a tech strategy Shape the Path ERP Solution CORE Business Solutions Streamline communication and workflow PM/CM Solution Design Solution
Adoption by the entire team Motivate the elephant
COVID-19’s Impact on tech adoption Motivate the elephant Without a Platform 5 people + 6 apps + 12+ eMails + With a Platform 5 people + 1 platform + 2 eMails + Issue to Change Order to Budget Resolution
Planning for the future Direct the Rider
Questions?
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For attendees here today, get a special $10 off if you use this promo code: “CBO2020” procore.com/groundbreak
Thank you!
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