Get New Quarterly Construction Metrics Index
Early access to construction trends and predictions – project starts, contract values, hiring, cash flow & more – from the second quarter of 2023.
How does your company compare? Benchmark your own performance against 1000+ Viewpoint customers:
- Vertical-specific data: General Contractors, Specialty Contractors and Heavy Highway/Civil
- Packed with charts and graphs to quickly visualize quarter-over-quarter trends
- Key takeaways with real-world implications
- Proprietary trend metrics not found anywhere else
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+ Sign up for the new index each quarterWe think this is a critical area to watch in the future. The smarter jobsite will transform the industry, but companies need their data gathering and analytics fundamentals in place before they can fully profit from all of the exciting technology that is now emerging, funded by an influx of venture capital, and directly addressing industry needs to reduce risk, improve productivity and improve safety.
- Steve Jones, Senior Director of Industry Insights Research at Dodge Data & Analytics
The Importance of this Report
Contractors believe improvements in field data collection will bring impactful change over the next three years-driving the industry’s digital transformation. The results can increase key project outcomes such as budget, productivity and profitability. The findings also reveal some important calls to action for continuous improvement in the industry:
Contractors using commercial software to gather jobsite data report significantly higher satisfaction rates than those using paper or spreadsheets.
Many contractors still have concerns about storing their data in the cloud, and in particular around how secure their cloud-stored data will be. Security concerns are listed as the top reason for not managing data in the cloud.
While 86 percent of respondents are relying on anti-malware software to address data security, only 45 percent of those surveyed have implemented employee compliance training.
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