Associated Builders and Contractors released its inaugural Tech Report, a study of the innovative technology and tools that ABC contractor members are using on jobsites to be safer, more profitable and primed to win more work. The report was sourced from a survey conducted from March through May 2021. It details opportunities for construction contractors to improve their operations in project coordination, planning, estimating, production and scheduling.
Among the findings, the 2021 Tech Report reveals:
- 70% of respondents listed an operational issue as one of their top three challenges that technology can help solve
- More than half of respondents rely on project management software, with 68% using it for office management and 59% using it in the field
- Nearly all respondents rely on specialized accounting and billing software
- 78% of respondents have implemented new technology in the past two years, with software platforms for project management and accounting as the prime focus of implementation teams
- According to data collected from ABC 2020 Excellence in Construction Awards honorees, 93% of these best-in-class construction projects were built using technology management
The inaugural report is made possible by members of the ABC Tech Alliance, a consortium of firms that create construction technology and solutions for ABC contractor members, the majority of which primarily perform work in the industrial and commercial sectors. The 2021-22 Tech Alliance members are Autodesk, Bespoke Metrics, BuildOps, Flashtract, KPA, myComply, Points North, Procore, ProEst, Safesite, Sage, SmartBuild, StructionSite, SubHQ and Tenna.
Learn more at abc.org/TechReport.