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Connecting Owners and Contractors: How Technology Enables Connected Construction

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S M A R T M A R K E T BR IE F IMPROVING DATA CONNECTEDNESS Improving Data Connectedness MEANS OF IMPROVING DATA CONNECTEDNESS Owners and contractors were asked to rate the level of value that various means would have to improve data connectedness across the team, from no value to very high value. Most (from 90% to 97%) believe each would provide some value. The chart at right shows how many rate the value as high or very high for the top five methods. ■ Interestingly, owners more frequently find these solutions to be of high/very high value, often by a significant margin. ■ The highest percentage of owners and GCs alike give a high/very high value rating for having a single common platform. This demonstrates that once a company recognizes the value of a single platform, they are far more likely to see that it is critically important to improve data connectedness. [In order to improve our data connectedness] I think just keep reinforcing it, and setting the expectation that everyone engages with and follows the system. If everyone has signed into it, and everyone is familiar with it, uses it, and comes to realize its benefits, it becomes a self-fulfilling exercise. —Kerry Galbraith EXECUTIVE DIRECTOR OF CAPITAL PROJECT DELIVERY UNIVERSITY OF CHICAGO A Single Common Platform for All Parties to Use on Projects and for Internal Data Management 34% 34% Top Methods for Improving Data Connectedness Across the Project Team Owners and contractors who consider each method of value, who rate it as high/very high value Better Definition in Advance of Expected Data Workflows Between Parties 34% Better Integration Between Software Solutions 28% 28% Better Definition in Advance of Expected Data Deliverables 38% 23% More Training to Help Field Staff Be More Effective With Technology 38% 20% 32% 31% 17% 23% 7% 30% 11% 19% 14% 17% 8% Owners: Very High Value Owners: High Value Contractors: Very High Value Contractors: High Value 20 SmartMarket Brief: Effective Information Management for Project Team Premier Par tner: e-Builder © Dodge Data & Analytics w w w.construction.com

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