Construction Tech refers to platforms and integrated solutions that support construction companies, contractors, architects, engineers, and suppliers throughout building workflows such as project planning, workflow and process allocation, on-site task management, monitoring and other related construction activities.
These new solutions are helping construction companies to digitize aspects, such as project management and procurement, while providing the tools required to connect with equipment owners and other contractors to obtain services. Technologies such as AI, combined with drones and aerial imagery, are enabling analytics that help monitor construction progress and proactively identify safety risks, with more advanced uses of the technology being seen in the development of construction site robotics and autonomous construction machinery.
Note: Currently, we do not actively cover this industry, but we have identified it as a potential industry to add to our coverage.
Procore is a software company that provides cloud-based construction management software. It offers Procore, a cloud-based construction project management software solution to manage vital project data and Procore Mobile, a mobile construction application that enables users to review, create, edit, and share project data with team members from various locations. The company helps firms drastically increase project efficiency and accountability by streamlining and mobilizing project communications and documentation. Procore also provides Procore Drive, a document management platform with file upload and downloads that allows teams to share and collaborate on files without the impediments of FTP clients or other cumbersome file sharing solutions and CurrentSet, a drawing management application that organizes construction drawings into one master set and Procore Construction OS, a cohesive platform that connects people, applications, and devices to create a frictionless construction process. Its software manages various construction projects that include industrial plants, office buildings, apartment complexes, university facilities, retail centers, and more. It was founded in 2003 and headquartered in Carpinteria, California.
Project Management Software:
Equipment Purchasing and Rental:
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