Page 62 - PROCORE PR REPORT - JUNE 2024

7/5/24, 11:06 AM PRESSR: Procore ransforms the construction industry with innovative technology for project success — TradingView News India
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.

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