Dodge Data & Analytics, in collaboration with construction management software provider Viewpoint, has released a report showing changes regarding the way project data is gathered and analyzed in the construction industry, according to www.construction.com.
The report, Improving Performance with Project Data SmartMarket Report: How Improved Collection and Analysis is Leading to the Digital Transformation of the Construction Industry, reveals contractors believe improvements in field data collection will bring significant change during the next three years that can lead to an increase in key project outcomes, such as budget, productivity and profitability.
Of those who participated in the report, 64% said their ability to gather and analyze data has improved or improved significantly. Contractors using commercial software to gather jobsite data report significantly higher satisfaction rates than those using paper forms or spreadsheets.
Additionally, general contractors and specialty trades list security concerns as the top reason for not managing data in the cloud, and 65% of respondents continue to use on-premise servers. Although 86% of respondents are relying on anti-malware software to address data security, only 45% of those surveyed have implemented employee compliance training.
Viewpoint Chief Product & Strategy Officer Matt Harris said: “Contractors are demanding easier, better and more consistent collection of data—from the office, across their extended teams and into the field—in order to enable better measurement of project performance and drive toward greater gains.”
