How Specialty Contractors Can Make Sense of Real-Time Construction Analytics

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8 ways to use construction analytics to increase productivity, profitability

Construction Data and Analytics
Having access to reports in real time can help produce deeper insights into projects and lead to quick, profitable decisions.

1. Improve your service work with data

    Construction analytics can help you streamline work orders, better evaluate technicians’ workloads and performance while pairing the right techs with the right jobs — improving your customers’ experience.

    2. Better understand your strengths and weaknesses with data

      Dig deeper into your results and analyze teams across regions — look for patterns and ways to identify issues, maximize performance and remove bottlenecks.

      3. Gain deeper insights into projects in real time with data

        Instead of waiting days or weeks to gather and analyze data, gain instant access to accurate, up-to-date reports to see how your work is performing in real-time.

        Construction Data and Analytics
        In addition to proper gear, get ahead of potential safety issues by analyzing data that can help pinpoint dangerous conditions and tasks.

        4. Establish new benchmarks with data: Construction analytics not only shows you how your projects are doing, but helps you look at project data in new ways you might not have thought of before that can be used as models for future work.

        5. Bid smarter and win more with data

          Closely tracking things like job costs, change orders, worker productivity and more from previous projects can help better forecast future work and lead to smarter bidding.

          6. Reduce risk and improve safety with data

            In 2019 alone, Liberty Mutual’s Workplace Safety Index noted that more than 130,000 construction workers missed days on the job due to injury. Getting ahead of potential safety issues by analyzing data that can help identify high-risk tasks and dangerous conditions can alleviate significant risk.

            7. Scale your operations for the future with data

              Take a deep dive into new growth opportunities, future industry best practices and benchmarks to get ahead by analyzing and utilizing data.

              8. Meet modern demands with data

                Many project owners and contracts today require daily progress reports or deep data dives at the whim of project stakeholders. Accessing and analyzing data in real time can help meet these demands.

                Becoming a data-driven contractor may sound like a huge lift, but it doesn’t have to be — leading technologies can help you can make sense of it and use data to become a more profitable business.

                To learn more about how analytics can help you, listen to our recent webinar: Construction Analytics: How to Successfully Interpret & Apply Data.


                Posted By

                Gallit is a content marketing manager at Viewpoint. Her ten years of marketing experience spans across various industries. Gallit enjoys learning about the exciting world of construction and sharing what she has learned with the industry.