On Friday, August 8, Procore announced the acquisition of ConstructionBI, an app that allows users to integrate their data from Procore with Microsoft Power BI. The Microsoft product is a data visualization tool, allowing users to more quickly analyze data to make quicker business decisions.
ConstructionBI was founded in 2017 when it’s Power PI App for Procore was launced on the Procore App Marketplace. It currently has over 80 prebuilt dashboards and reports for use within Procore and the ability to build custom reports for your company’s specific needs. Users are required to have a Power BI Professional License in order to utilize to app, which will work with Procore’s Project Management, Construction Financials, and Quality & Safety products.
Procore believes the acquisition will allow their users to make better data-driven choices.
“With the acquisition of Construction BI we look forward to offering customers greater transparency and accessibility to their data to support them in making better, more informed decisions, and to providing customers with a host of new and rich industry insights, such as benchmarking against peers, foreshadowing risk, and accurately predicting outcomes throughout the course of construction,” said Danny Seigle, Vice President of Business Development at Procore.
Procore is actively working on their plans to integrate ConstructionBI into their platform. There is no word yet if this software will be added as a free product enhancement or if it will be a premium add-on product for users that need it.
As part of Autodesk’s late 2018 construction technology acquisition spree, the software giant gobbled up both PlanGrid and BuildingConnected. The two acquired companies now form a large part of Autodesk’s Construction Solutions branch – and are now integrated with each other for a seamless document transition from the pre-construction phase to the construction phase.
Last year at Groundbreak, Procore’s annual technology conference, the company teased a new platform they have been working on for BIM users. At that point referred to as “Design Coordination,” it now has a formal name – and an upcoming release date.
One of the key components of BIM is the ability to detect clashes, which are design coordination issues that result in the inability to construct a building as drawn. The use of 3-dimensional drawings allows contractors –and software- to detect if key building components are intersecting before it’s about to be installed in the field. Autodesk BIM 360 has recently updated its clash detection abilities within its Model Coordination module more easily and efficiently within its platform.
Hot off of the acquisition of Honest Buildings, a project management software aimed at owners and developers, Procore has announced they have acquired yet another tech company to help bolster their offerings.
Construction Management software company, Procore, initially launched their annual technology conference, Groundbreak, back in 2015. Originally hosted at their headquarters in California, the event has grown exponentially from that first year and this year may be its biggest yet.
In 2015, Milwaukee announced the release of their digital tool tracking platform: ONE-KEY. The company has since released dozens of ONE-KEY enabled tools to manage them using Bluetooth, an inventory management system, and tool reporting functionality. Yesterday, the company announced several enhancements to the platforms inventory and reporting interfaces.
In what can be expected to be a continuous trend in the construction industry, construction management software company, Procore, has acquired yet another construction tech company to further bolster their software.
3D printing technologies have significantly improved over the past few years and some have even made it to the jobsite. Not to be outdone, NASA, your favorite America space exploration organization, has announced a plan to being building and manufacturing in low-Earth orbit.
Construction Junkie's 5th Annual Best Construction Podcast Competition has officially come to an end and the results have been tallied. It was a very exciting competition this year, with several very strong competitors pulling in tons of votes.
Construction Junkie’s annual Best Construction Podcast Competition is underway for 2019 and the voting booth is officially open. As part of the contest this year, we will be highlighting one of the contest’s nominees each week. This week we highlight Builtcast.