Procore | November 16, 2022
Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced that Houle Electric Ltd. has selected Procore Technologies as its construction management platform.
Based in Burnaby, B.C., Houle delivers diverse construction services to industrial, commercial, institutional and residential customers, including construction management, design-build/design-assist and installation and retrofitting services. Its services include electrical construction, security and network systems, building automation, healthcare technology and integration. The company’s project portfolio includes hospitals, universities, shopping malls and industrial facilities.
The Procore construction management platform will empower Houle to provide a centralized source of information for its project and administration teams, which enjoys a hybrid work environment at its offices in British Columbia with staff distributed across BC, Alberta and internationally.
As construction becomes more complex, multi-trade collaboration has become more important. The platform will enhance Houle’s ability to communicate and collaborate with external partners, ensuring all project stakeholders have the most current information. With Procore it will be possible to assign tasks and track the contributions of staff and consultants, all in one place.
“There’s a lot of complexity in managing distributed and hybrid teams, The volume of projects and information we’re working with has grown beyond the capabilities of manual tools. The Procore platform will enable us to keep everyone on the same page, wherever they are and whether they’re on our team or a partner. Our team appreciates the hybrid workplace we offer and this will make the experience even better.”
-Keith Parsonage, President and CEO, Houle.
Houle is committed to attracting the best talent in western Canada, and digitizing processes with Procore will also help Houle attract talent during the construction industry’s ongoing labour shortage. They can now double down on the quality of work they deliver to clients through a more standardized operation using Procore, said Jas Saraw, Vice President, Canada at Procore. This is exactly the kind of forward thinking we want to enable and enhance with our platform. Houle will enjoy rich information upon which to base its decision making, which will pay dividends for years to come.
About Houle Electric:
Since 1944, Houle’s been bringing communities to life. From airports, shipping terminals, and water treatment facilities, to hospitals, universities, and shopping centres, they deliver integrated electrical solutions for our industrial, commercial, institutional, and residential customers. While they are leaders in electrical construction, they also specialize in a wide range of in-house technology solutions, including building automation, healthcare technology, structured cabling, and security. As a certified Great Place to Work, and one of Canada's Best Managed Companies, they take pride in their talented people and collaborative culture that bring their client's vision to life.
Procore is a leading global provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore's platform. Procore’s platform connects key project stakeholders to solutions Procore has built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore's App Marketplace has a multitude of partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices in the United States, Canada and around the globe.
Procore | September 21, 2022
In partnership with Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, FMI Corp. released the results of The State of Global Preconstruction Report. This report discusses the current environment for preconstruction and the characteristics of organizations that do it well, including what constitutes above-average preconstruction processes and the effects of efficient and digitized preconstruction.
This report, sponsored by Procore Technologies, is authored, researched and published by FMI, a leading consulting and investment banking firm dedicated to serving companies working within the built environment.
This year, Procore partnered with FMI to survey 979 construction industry stakeholders worldwide. Participants were asked to describe the preconstruction practices in their organizations, tools and technologies, project experiences and outcomes.
“The results from the State of Preconstruction survey are clear: investing in preconstruction can provide tangible returns on profit, schedule and client satisfaction, Many of the most successful contractors around the world focus their efforts on preconstruction because ultimately, better planned projects drive better outcomes. Data shows that organizations are willing to invest in preconstruction, and construction is not slow to adopt technology but waiting for the right tech for their businesses. We’re proud to invest in Procore's Preconstruction solution, which can help users manage designs, estimates, bids, and budgets across projects on one, integrated platform.”
-Tooey Courtemanche, founder, president and CEO of Procore.
Procore is a leading global provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore's platform. Procore’s platform connects key project stakeholders to solutions Procore has built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore's App Marketplace has a multitude of partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe.
FMI is a leading provider of consulting and investment banking services to the built environment. We provide services in the areas of strategy, leadership and organizational development, performance, technology and innovation, mergers and acquisitions, financial advisory and private equity financing.
Mindtree | September 22, 2022
Mindtree, a global technology services and digital transformation company, today announced the launch of Construction 360, a comprehensive, integrated cloud-based Salesforce solution designed to enable construction companies to streamline processes and increase productivity.
Launched at Dreamforce 2022, Construction 360 combines Mindtree's extensive domain expertise, cloud capabilities, and NxT product suite with Salesforce's advanced Sales Cloud, Service Cloud, and other technologies. It provides the needed digital infrastructure for construction companies to gain real-time end-to-end visibility across the construction value chain and adopt next-generation technologies, boosting efficiencies, streamlining costs, and accelerating time-to-market.
The solution enables construction companies to maximize performance and predictability across project lifecycle through superior management of bids, clients, suppliers, and projects, enhanced resource mobilization, and improved asset operations, thus making their operations and projects more sustainable. By using sophisticated Internet of Things, building information modeling, augmented reality/virtual reality, artificial intelligence and machine learning technologies, the solution aids data-driven decision-making, automation of key tasks, and better forecasting.
With Construction 360, construction companies can improve bid cycle time from tender to execution, win ratio through past tender analytics and efficient quoting, and workforce and inventory utilization through better planning. They can also reduce supplier risks and onboarding time with greater milestone visibility, while better anticipating service needs for safety and inspection tracking.
"It is imperative for the construction industry to catch up on digital transformation and make a concerted effort to grow in value by augmenting production rates, Construction 360 is designed to help construction firms rise above disparate, obsolete, and siloed assets and practices by availing of a single system of record, engagement, and action to address the cost and time repercussions of inefficient project management and governance."
-Antonio Sciuto, SVP Global Business Development Officer of Salesforce.
We are excited to leverage Mindtree industry expertise and Salesforce technology to help construction companies worldwide increase their productivity and address the labor skill shortage, said Tyler Prince, EVP and Worldwide Alliances Leader at Salesforce.
"Construction is one of the industry sectors where digital technologies have the most potential to drive innovation and productivity, Construction 360 fulfils the need for a unified and comprehensive digital platform that can enable construction companies to make a material difference to their competitiveness by first identifying operational changes that have the potential to improve their engineering and field productivity, and then defining and executing on the most effective digital roadmaps to realize those changes across the value chain."
-Venu Lambu, Executive Director and President, Global Markets, Mindtree.
Mindtree [NSE: MINDTREE] is a global technology consulting and services company that enables enterprises across industries to drive superior competitive advantage, customer experiences and business outcomes by harnessing digital and cloud technologies. A digital transformation partner to approximately 275 of the world's most pioneering enterprises, Mindtree brings extensive domain, technology and consulting expertise to help reimagine business models, accelerate innovation and maximize growth. As a socially and environmentally responsible business, Mindtree is focused on growth as well as sustainability in building long-term stakeholder value. Powered by more than 37,400 talented and entrepreneurial professionals across 24 countries, Mindtree — a Larsen & Toubro Group company — is consistently recognized among the best places to work.
SunRay Construction Solutions | November 23, 2022
SunRay Construction Solutions is honored to have won the esteemed Top Tech Firm of 2022 award by Construction Executive Magazine for the second consecutive year.
The Construction Executive Magazine’s Top Tech Firm award recognizes the largest technology firms serving the construction, architecture, and engineering industry.
Having secured over $10 Billion annually for General Contractors, Subcontractors, and Suppliers, SunRay Construction Solutions leagues with top businesses that alter the facade of the construction industry through their dynamic use of technology. SunRay has been recognized for its success in implementing the exceptional application of technology with utmost dedication for its clients.
In 2022, SunRay significantly upgraded its application to make a robust user interface to simplify its APIs for its clients. With the dynamic Deadlines Queue launch in 2022, clients can now meticulously track all their statutory document deadlines so none are ever missed. Further, to reduce the complexity of the processes, clients can now set up notifications based on their preferences to instantly see what deadlines are soon to be due and need attention.
Likewise, with the launch of the Texas Queue in 2022, clients with construction projects in Texas can experience super intuitive filtering and gain more control over their 2nd-month notices, 3rd - month fund trapping notices, and Affidavit of Mechanic's and materialman's Lien. Enabling Construction RFI with project management, the Texas Queue eliminates all last-minute rushes, making it extremely simple for clients to track deadlines, manage documents, organize projects, and secure payment rights from a single application.
About SunRay Constructions LLC:
SunRay Construction Solutions continues to lead as a National Online Construction Documentation Service Provider, securing over $10 Billion yearly for its clients. SunRay’s Lien Research service and Deadline Management System are among its niche specialties, characterized by the meticulous and exhaustive research accomplished through an outstanding team and impeccable technology. SunRay has managed to set itself apart as a leader and pioneer in the construction documents services landscape, despite the highly competitive nature of the industry it operates. In just a decade, SunRay has been recognized for its contribution to the construction industry on a national scale, all while staying true to its primary goal of helping its clients get paid faster.