The larger the job, greater the amount of data and potential for unplanned costs and risks. But with the risk also comes the increased potential for improved efficiency and savings, leading to a greater profit margin for contractors that are used to typically razor thin margins on projects. Better tracking and analysis of things like material and equipment, labor deployment and costs for projects, productivity rates for various subcontractors and much more after the project can lead to intriguing post-mortem discussions. But software that analyzes that same data in real-time creates opportunities to make a difference in the here and now.
Cloud-based, integrated construction software and mobile applications that allows data to be accessed and updated in real time are the technology tools helping construction business intelligence succeed in an industry where change is a constant.