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7/4/24, 2:27 PM Procore Transforms the Construction Industry with Innovative Technology for Project Success | Web Release

BUSINESS

Procore Transforms The Construction Industry With Innovative

Technology For Project Success

By Editor_wr On Jul 4, 2024

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Construction technology plays a vital role in transforming the growth of the construction market. Procore, a leading
global provider of construction management software, underscored the increasing importance of technological

advancement in the construction industry to help bridge crucial productivity gaps and the sector’s evolving needs.
According to the JLL report, the Kingdom of Saudi Arabia and the United Arab Emirates are leading the Middle East

construction markets with USD1.5 trillion pipeline and $590 billion, respectively. With this trend, realizing the use of
technologies such as digitalization and predictive analytics empowers stakeholders to streamline operations, make

informed decisions, and optimize 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, 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.

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