Procore transforms the construction industry with innovative technology that ensures project success

(MENAFN- Orient Planet Group) Dubai, July 4, 2024: Construction technology is playing a key role in transforming the growth of the construction market. Procore, a leading global provider of construction management software, has highlighted the growing importance of technological advancements in the construction industry to help overcome key productivity gaps and changing needs of the sector. According to a report by JLL, the Kingdom of Saudi Arabia and the United Arab Emirates are leaders in the Middle East construction markets with $1.5 trillion and $590 billion respectively. With this trend, realizing the use of technologies such as digitalization and predictive analytics is enabling stakeholders to streamline operations, make informed decisions, and optimize resource allocation.

During a recent industry discussion, leaders, project owners, developers, contractors, consultants and technology companies came together to share insights gained from years of experience and innovative work methodologies. The incorporation of cutting-edge technologies has shown significant results in increasing productivity, competitiveness, profitability and sustainability.

Tony Harbour, Head of Technology Partnerships, EMEA, Procore, shared his thoughts on the tangible benefits of digitalisation for all construction stakeholders. Harbour provided examples of the outcomes expected from the application of technology in the construction industry, including faster decision-making, rapid interpretation of data, and improved visibility and control over productivity and profitability.

He also discussed the use of predictive analytics, which enables companies to accurately forecast and assign tasks to contractors based on previously recorded data, as well as the increasing use of artificial intelligence to perform tasks and queries faster, obtain information, increase productivity and improve operational efficiency.

Several industry leaders have acknowledged that these technologies add value to their businesses, with Procore being cited as one of the most advanced solutions for the construction sector. Roger Wahl, Chief Technology Officer at Innovo Group, highlighted the transformative impact of Procore’s software, highlighting its connected data environment and its role in improving project management, communication, transparency, data-driven decision-making and adapting to industry disruptions. Furthermore, Faik Haddadin, Senior Projects Director at Emaar, highlighted the key benefits of incorporating AI technology, focusing on how it fosters transparency among clients, contractors and consultants, thereby ensuring project success.

Procore demonstrates its commitment to staying at the forefront of technological advances and digitalization, especially at a time when the construction industry is undergoing a significant transformation, through its innovative solutions. Procore will continue to promote the rapid integration of technology in construction, as well as share key insights that have the potential to fundamentally change the way cities are built in the future.

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