Adapting to change using open, integrated systems
The Power of Platform Technology
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The Power of Platform Technology Adapting to change using open, - - PowerPoint PPT Presentation
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
Adapting to change using open, integrated systems
The Power of Platform Technology
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Webinar overview
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Chandler Brooks
Head of Strategic Alliances, Associations
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— Today’s Speaker
Technology and Change in the Construction Industry
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Construction is increasingly complex.
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ARCHITECT FINANCIER ENGINEER INSURER SPECIALTY CONTRACTOR EQUIPMENT SUPPLIER MATERIAL SUPPLIER SPECIALTY CONTRACTOR SPECIALTY CONTRACTOR SPECIALTY CONTRACTOR OWNER GENERAL CONTRACTOR SPECIALTY CONTRACTOR SPECIALTY CONTRACTORComplex Stakeholder Dynamics Custom/ Prototype Business Constant Change Mobile and Decentralized Workforce
2ND ERA OF CONSTRUCTION
1999 - 2018
The Way We Build is Evolving
6 3RD ERA OF CONSTRUCTION
2019 -
1ST ERA OF CONSTRUCTION
PRE 1999
Analog Internet & Mobile Insights
Builders Still Struggle to Get the Insights They Need
7 THE PATCHWORK APPROACH
+ Disconnected project teams + Fragmented, delayed project visibility + Many disjointed tools to accomplish job + Erroneous, inconsistent data + Difficulty connecting field to office
THE PLATFORM APPROACH
+ Open + Flexible + Connected + Secure
PEN-AND-PAPERVILLE CONSTRUCTION INSIGHTSEvery stakeholder still works in technology silos
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Technology Adopted in Silos
By company type
Technology Adopted in Silos
By department
+ Disconnected project teams + Fragmented, delayed project visibility + Multiple tools to accomplish job + Erroneous, inconsistent data + Difficulty connecting field to office
Communication & collaboration Real-time project visibility Streamlined workflow Single source
Data captured & shared in the field
Projects Suffer
Because technology doesn’t deliver business value, reduce risk, or create future roadmap
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Why is Construction complex and inherently difficult?
Core tenants of behavior change
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Direct the Rider Motivate the Elephant Shape the path
“Switch” Chip Heath & Dan Heath
Source: https://heathbrothers.com/books/switch/The benefits of Platform Technology
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Technology Adopted in Silos vs. a Platform
CRM Quality & Safety Field Productivity
The Construction Platform
One Construction Platform that connects the entire project team, from the office to the field and across companies, providing
– Build.
Platforms Transform Every Industry
Transformed how we buy Transformed how we sell Transformed how we meet Transformed how we engage
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Open API
access for customers and developers
200+
third-party applications available
72%
Connecting & Streamlining Apps
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Industry Leaders Trust Platform Technology
OWNERS GENERAL CONTRACTORS SPECIALTY CONTRACTORS
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Manage More Work With One Construction Platform
REDUCE RISK: MANAGE 29% MORE Capital Projects/Assets
Surveyed: Owners
MANAGE 32% MORE Construction Volume
Surveyed: Contractors
100%
(Efficiency prior to Platform Technology)
129% 132%
HOURS SAVED:
12.0 hours/week
Superintendents/foreman Project managers Project engineers
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Key Insights and best practices
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Some key insights from Construction Leaders
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Planning for the future (Direct the Rider) Technology Adoption by end users (Motivate the Elephant) Establishing a tech strategy (Shape the path)
Shape the Path
ERP Solution Streamline communication and workflow CORE Business Solutions PM/CM Solution Design Solution
Establishing a tech strategy
Adoption by the entire team
Motivate the elephant
COVID-19’s Impact on tech adoption
Motivate the elephant
Without a Platform
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5 people
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6 apps
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12+ eMails With a Platform
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5 people
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1 platform
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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!