Page 20 - PROCORE PR REPORT - JUNE 2024

7/15/24, 5:15 PM Procore on transforming the construction industry with innovative technology for project success - Construction Week Online
According to the JLL report, the Kingdom of Saudi Arabia and the United Arab
Emirates are leading the Middle East construction markets with $1.5 trillion pipeline
and $590 billion, respectively. With this trend, realizing the use of technologies such as
digitalisation and predictive analytics empowers stakeholders to streamline operations,
make informed decisions, and optimise resource allocation.

In a recent industry discussion, leaders, project owners, developers, contractors,
consultants, and technology companies convened to exchange and share insights
gained from years of experience and innovative work methodologies. Incorporating
cutting-edge technologies showed notable results in boosting productivity,
competitiveness, profitability, and sustainability.

Tony Harbour, Head of Technology Partnerships, EMEA, Procore

Tony Harbour, Head of Technology Partnerships, EMEA, Procore, shared his thoughts
on the tangible benefits of digitalisation across all the construction stakeholders.
Harbour outlined examples of the results expected from using technologies in the
construction industry, including quicker decision-making, prompt data interpretation,
and having better visibility and control over productivity and profitability.

He also discussed the use of predictive analytics, which enables businesses to precisely
forecast and assign tasks to contractors based on previously recorded data, and the
growing applications of AI to complete tasks and queries more quickly, obtain
information, boost productivity, and enhance operational performance.

https://www.constructionweekonline.com/business/procore-on-transforming-construction-industry-with-innovative-technology-for-project-success 2/3