Ensure that you are always up to date with information regarding your construction projects and keep tabs on essential make-or-break factors by incorporating an agile methodology and choosing to go digital. That said, if you are here to do so, you are in the right place. Secure your very own robust construction data analytics software and find it here in this article.
10+ Construction Data Analytics Software
1. Autodesk Construction Cloud
2. Touchplan
3. Procore
4. Fonn
5. SYNCHRO Construction
6. Assemble
7. RedTeam
8. CMiC Platform
9. Intra
10. SmartPM
11. DESTINI Estimator
What Is Construction Data Analytics Software?
Construction data analytics software is a digital solution helping businesses in the construction industry gather and analyze data during projects. It measures metrics from varying project aspects and integrates with multiple platforms to gather data analytics to gain better insight regarding the progress and performance of the construction processes.
With this software, you can keep track of cash flow and monitor the performance of human resources for better construction management. Also, it has time tracking and cost tracking capabilities for more efficient resource utilization. In addition, it lets you convert data into visual reports and share them with essential stakeholders.
Benefits
This technology gives you the capability to handle repetitive and manual tasks most efficiently with its workflow automation capabilities. Also, equipping this software helps you reduce necessary expenses and lighten the workload needed for data analysis. In addition, it is a rich data source and allows data access in real time, improving scalability and productivity.
Features
Plenty of digital solutions with promising inclusive features and particular specializations are available in the software market. That said, selecting one out of all of them can be testing for you. Although, there are factors that you should consider to help you single out the most suited one for your business and team, which includes the services they offer, their compatibility with your business size, and their supported digital devices. Also, you should check whether or not your selected software package has the following features:
- Business dashboard
- Customizable diagrams and charts
- Powerful reporting tools
- Data visualization capabilities
- Content collaboration functionalities
- Project tracking capabilities
- Construction time tracking tools
Top 10 Construction Data Analytics Software
1. Autodesk Construction Cloud
This construction project management software has audit management and budget tracking capabilities. They have 3.79 billion dollars in revenue and have employed 11,500 people.
2. SYNCHRO Construction
When you use this construction estimating software, you can use material requirements planning and capacity planning tools. Its developer, Bentley Systems, has 4,000 employees and has 784 million dollars in revenue.
3. Procore
With this digital solution, you can streamline electrical estimating and sales pipeline management. They have 2,000 people working for them and have a revenue of 400 million dollars.
4. E2open
E2open is a logistics software with demand forecasting and sales and ops planning capabilities. They have 305 million dollars in generated revenue and have 2,436 employees.
5. CMiC Platform
Functionalities for cost-to-completion tracking and inventory management are accessible in this software. They have 337 people in their team and have 48.9 million dollars in generated revenue.
6. DESTINI Estimator
Accounting system integration and project management tools are examples of features in this software. Its developer, Beck Technology, has employed 137 people and has generated a revenue of 39.7 million dollars.
7. Touchplan
This contractor management solution has functionalities for document management and issue tracking. They have 86 people in their team and have 24.9 million dollars in generated revenue.
8. Fonn
With this construction management solution, you can utilize incident reporting and change order management features. They have 13.31 million dollars in generated revenue and have 35 employees in their team.
9. RedTeam
RedTeam is a construction accounting software with cost estimating and file sharing capabilities. They have 11.7 million dollars in generated revenue and have 81 employees working for them.
10. SmartPM
SmartPM provides its users with resource management and progress tracking features. They have 19 employees working for them and have a revenue of 5.5 million dollars.
FAQs
Why is data analytics essential for construction businesses?
Utilizing data analytics in construction ensures that you stay on budget and deadline. Also, it helps you detect possible business holes causing leakage on your project resources. In addition, this practice helps improve safety management strategies and gives you a competitive advantage. Construction data analytics also helps you pivot resource planning activities to ensure workforce and equipment productivity.
What are helpful tips for construction data management?
One method you should employ to ensure smooth data access and information exchange is to utilize digital messaging platforms. Doing so will allow you to streamline internal communications and improve team collaboration. Also, you should digitize document generation and document management functionalities and take advantage of an electronic database with database security and synchronization capabilities.
What is construction project management software?
Construction project management software is a platform that centralizes needed functionalities and data updates in an integrated platform to let users control multiple project processes under one roof. It has employee management, project resource management, and CRM capabilities. Also, it has planning tools and digital solutions for tracking project success and compliance.
Complete the otherwise exhausting and taxing activities with just a few clicks and swipes and get rid of thick and heavy documents on your table by starting to go digital. Gain control over data with the tips of your fingers and see construction projects progress in real-time in front of your screen with the best construction data analytics software at your disposal.
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