Page 28 - PROCORE PR REPORT

Page 28 - PROCORE PR REPORT - JUNE 2024

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7/15/24, 4:19 PM Procore transforms the construction industry with innovative technology for project success
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, 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.

Several industry leaders recognized the value technologies add to their businesses and Procore was

mentioned as one of the most advanced solutions for the construction sector. Roger Wahl, Chief
Technology Officer at Innovo Group, highlighted the transformative impact of Procore software,
emphasizing its connected data environment and its role in enhancing project management,
communication, transparency, data-driven decision-making, and adaptation to industry disruption.
Additionally, Faik Haddadin, Senior Projects Director at Emaar, highlighted the key benefits of

incorporating AI technology, focusing on how it fosters transparency among client, contractor, and
consultant, thereby ensuring project success.

Procore demonstrates its dedication to remaining at the forefront of technological advancements and
digitalisation, especially at a time when the construction industry is going through a significant transition,
through its innovative solutions. Procore will continue to promote the rapid integration of technology in
construction, while also sharing key insights that have the potential to fundamentally change the way
that cities are built in the future.