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ConTech Blog - Main
August 6, 2023

ConTech Trends and Innovations – No. 19

A look at the world of Construction Technology – by Arnie Gess, publisher of Construction Links Network

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Technology is transforming every aspect of the construction industry, from design and planning to project management and execution. As new tools and techniques continue to emerge, it’s more important than ever for professionals in the field to stay up-to-date with the latest trends and innovations. This blog series offers in-depth coverage of the most important developments in construction technology. Whether you’re interested in the latest software platforms, the newest building materials, or the cutting-edge research shaping the future of the industry, you’ll find it all here.

From our members

Ask the experts - preconstruction blog - SoftwareOne

Pre-construction is arguably the most important stage in a construction project. A smooth pre-construction phase can set a project up for success, but it can trigger a series of issues if not managed properly. Technology can play a critical role in streamlining pre-construction and mitigating risk, including increased collaboration, more accurate cost estimates, and improved bid packaging and scheduling. SoftwareOne Canada recently spoke with two of their MTWO consultants for a more in-depth look at the pre-construction space. Read the blog here.

S.J. Cantwell: Collaboration and Profitability with B2W Track

With B2W Track field logs capturing performance data and linking the office and field, teams at this sitework and demolition company review progress vs. plan daily and adjust operations immediately. Watch video.

Automated Area Takeoff: Procore Estimating

By leveraging machine learning technology, Procore Estimating reduces the amount of time it takes to perform area takeoffs on large complex jobs by up to 90%, resulting in faster takeoffs and more accurate estimates. Watch video.

Sale Continued – 15% off Solar Skids 

solar skid sale - Truelook

A completely solar powered surveillance station, contained on one movable unit, providing an affordable source of power for your mobile surveillance and monitoring needs. Whether you need to keep an eye on equipment and materials, monitor a remote jobsite for trespassers, or document your project’s progress, the TrueLook Solar Skid is a reliable solution. For limited time, save 15% on TrueLook Solar Skids. Learn more and get a quote.

Unleashing Efficiency: OnTraccr’s Customizable Construction Workflow Automation Software

Customizable Construction Workflow - OnTraccr

In the fast-paced and ever-evolving world of construction management, efficiency, accuracy, and streamlined operations are paramount for success. With advancements in technology, construction contractors have a multitude of project management software options. Among them, OnTraccr stands out as a game-changer in the industry. In this blog post, explore the transformative capabilities of OnTraccr and how it addresses the challenges of traditional project management software, delivering exceptional benefits to contractors and compare them to the drawbacks of traditional software in the market.

BuildOps announces strategic acquisition of PWSWARE

BuildOps, the only all-in-one management software built specifically for the modern commercial contractor, recently announced their acquisition of PWSWARE—parent company to Perfectware Solutions and Shark Byte CRM—in a move to bring the best of construction technology to a wider audience. As a platform designed to help manage service organizations, Perfectware brings with it a mighty customer network and spotless reputation. And with Shark Byte in their corner, BuildOps plans to strengthen its sales arm and use this CRM functionality to enhance their service offering going forward.

New Tool Transforms Urban Development with Comprehensive Spatial Analysis and Intelligent Algorithms

The future of urban planning has arrived with the launch of the 3D City Planner. This groundbreaking tool allows developers, architects, and urban planners to streamline their project development process through a data-driven approach. The interactive platform, accessible via a web browser, enables comprehensive spatial analyses, revealing untapped opportunities and aiding decision-making with in-depth insights. The 3D City Planner harnesses the power of data, allowing users to identify potential locations, such as repurposable old buildings, assess structural conditions, and optimize projects. 

Lighthouse Advisory Partners continues strong 2023 with another M&A deal in the construction technology sector

Lighthouse Advisory Partners has advised Causeway Technologies, backed by Five Arrows, on its acquisition of the world’s leading digital road management platform from Bridgepoint, the global private equity firm. This marks the fourth strategic acquisition since Five Arrows made a significant investment in Causeway in 2021, further reinforcing Causeway’s platform strategy to digitize the processes that underpin the construction and maintenance of the built environment.

The Importance of Interoperability in BIM Workflows

Rework, as an Autodesk/FMI joint study highlights, has become an expensive standard in the construction industry – accounting for $7.1 million, representing an estimated 2-20% of total project costs, and negatively impacting projects’ schedules industry-wide. Numerous studies have attempted to understand the ‘rework’ phenomenon, with examples looking into both the impact and causes of rework, as well as how to mitigate it. Time and time again, Building Information Modeling (BIM) is cited as a piece of technology poised to shape the future of construction design that experts believe can simultaneously mitigate risk by identifying and resolving design errors early. The ConTech Report from JBKnowledge put it boldly: “There are very few legitimate reasons for companies not to use BIM.” Read the full article in Geo Week News.

Tim Negris Joins MOCA Systems as CMO

MOCA Systems, a leading provider of solutions for complex construction management, is pleased to announce that Tim Negris has joined MSI’s executive team as Chief Marketing Officer. In this role, Negris will lead marketing to increase global visibility and demand for MSI’s award-winning services and software solutions. Negris began his career as the first product manager for what is now Microsoft SQL Server. Later, with Larry Ellison at Oracle, he conceived and led the introduction of “Thin Client” computing, a key precursor to the cloud. Most recently, he fostered the now widely adopted concept of Deep Learning Operations (DLOPS) software for advanced AI at Spell before its assimilation by Reddit.

Eagle Point Software Acquires CADLearning

Eagle Point Software, creator of the Pinnacle Series e-learning solution, has announced the acquisition of CADLearning from 4D Technologies. On July 27, 2023, Eagle Point acquired the CADLearning businesses, including intellectual property and digital assets while assuming responsibility for supporting CADLearning clients. Initially, CADLearning clients will continue to leverage the CADLearning platform and content. Overtime CADLearning clients will have opportunities to access additional resources, content, and Pinnacle Series platform functionality like KnowledgeSmart skills assessments and personalized learning paths.

Payapps research suggests better digital adoption could decrease rate of insolvency in the construction sector

Payapps, a global construction software solution trusted by main contractors and subcontractors to simplify and standardize progress claims and approvals, has released the findings of its Resilience In Construction Research Report for 2023. The new report reveals that enhanced digital adoption could significantly reduce the construction industry’s insolvency rate by improving cash flow and reducing late payments, offering greater resilience and enhanced business health in today’s challenging economy. The report also highlights other benefits of digital adoption, including supply chain management improvement, talent retention, and productivity enhancement. Digitally advanced businesses have excellent relationships and reputations with critical stakeholders and are better equipped to attract and retain talent.

Knowify and AIA contract documents partner to make preparing AIA forms easier for contractors

Knowify, the all-in-one construction business management platform, recently announced its partnership with AIA Contract Documents to integrate the official AIA payment application forms G702® and G703® to contractors through the Knowify platform. Contractors using Knowify will now be able to prepare and send these forms without any manual reconciliation or manual retainage tracking. Knowify will automatically factor in change orders and can send the form directly to the contractor’s customers electronically.

Rapid Applications Group raises equity financing to help heavy equipment construction subcontractors

Rapid Applications Group, the leading ERP software solution for heavy equipment construction subcontractors, announced its significant growth equity financing led by Boston-based growth equity firm Wavecrest Growth Partners and MassMutual Ventures. The funds will be used to accelerate product development and customer growth. Rapid Apps’ suite of software products enables heavy equipment construction subcontractors to optimize the utilization of their fleets with scheduling and job dispatching, telematics GPS tracking, mobile workforce labor tracking and payroll, plus customer ordering, billing, and payments, all in one connected solution. 

How Technology is Breaking New Ground in the Construction Industry

The construction industry is undergoing a significant revolution, driven by groundbreaking technological advancements. As professionals in engineering and construction embrace digital transformation, the concept of ‘Construtech’ is reshaping traditional construction techniques and changing the way the industry thinks about its data. The rise of Construtech signifies an exciting era of innovation and transformation in the construction industry. As professionals embrace these technological trends, the future of construction promises to be more efficient, sustainable, and dynamic. With a focus on client satisfaction and innovation, Evolve Construction Management is at the forefront of driving the construction industry into the digital age.

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