Construction Software Propels Efficiency and Revenue, While Cutting Costs, Errors, and Re-Works According to Survey

The 2016 On Center Software survey of more than 1,600 construction executives, managers, and estimators captures the growing trend of technology adoption and collaboration in offices and on job sites. In the second annual construction survey, just released, respondents show an uptick in use of mobile devices and the need for real-time teamwork. Computer laptops are now used by 65.7 percent of construction companies, smartphones by 41.5 percent, and tablets by 37.2 percent.

The survey asked for key business factors improved by construction software. Seventy-four percent ranked “minimizing errors and rework” as very important. “Increasing estimating production” was second most important at 73 percent and “increasing the bid/win ratio” was the third most important business improvement at 70.6 percent.

Field and office collaboration in real-time was viewed as very important by 57.3 percent of respondents, 33.3 percent find fast collaboration as important, while only 9.4 percent of contractors find collaboration as not important.

More than 50 percent of the construction professionals attribute revenue growth and profitability to software technology, with nearly 33 percent claiming considerable growth is due to technology.

When asked which factors were used for purchasing construction software, “ease of use” was the top reason at 93.3 percent. Customer support is listed as a major factor by 77.1 percent. Training support was the third most important factor at 65.2 percent.

What may be a surprise, use of cloud technology is rising. Today 36.3 percent use the cloud, while 64 percent do not. Nearly 47 percent expect the cloud will improve performance; 22 percent believe it will lower operating costs, and 16.8 percent anticipate the cloud will be more secure.

The survey found that adoption of software and mobile devices has increased along with expectations that technology contributes to the company’s bottom line.

Click here for the 40-page industry report.

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