{"id":536011,"date":"2021-09-08T19:03:00","date_gmt":"2021-09-08T23:03:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/three-in-five-australian-construction-leaders-say-data-analysis-helps-reduce-project-defects\/"},"modified":"2021-09-08T19:03:00","modified_gmt":"2021-09-08T23:03:00","slug":"three-in-five-australian-construction-leaders-say-data-analysis-helps-reduce-project-defects","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/three-in-five-australian-construction-leaders-say-data-analysis-helps-reduce-project-defects\/","title":{"rendered":"Three In Five Australian Construction Leaders Say Data Analysis Helps Reduce Project Defects"},"content":{"rendered":"

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Three In Five Australian Construction Leaders Say Data Analysis Helps Reduce Project Defects<\/b><\/p>\n

New research from Procore reveals barriers and benefits of leveraging data to improve quality and compliance in construction<\/i><\/b><\/p>\n

SYDNEY–(BUSINESS WIRE<\/a>)–Procore Technologies, Inc.,<\/a> (NYSE: PCOR), a leading provider of construction management software, has released new industry research showing a growing appreciation for the role of data in reducing potential defects and improving project quality outcomes. More than half (53%) of Australian construction leaders surveyed agree it is difficult to effectively monitor quality assurance without an integrated data management platform, an increase of eight percent from 2020.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210908005171\/en\/<\/a><\/p>\n

\"Software<\/p>\n

Software use is growing, while paper persists (Graphic: Business Wire)<\/p>\n<\/div>\n

\nThis research release is the second from a survey of 153 construction leaders around Australia conducted by ACA Research, which investigated the state of data-driven quality and compliance in the industry. The findings show that, while all companies surveyed are working with data to an extent, there is often a lack of communication and collaboration between different stakeholders in the process, meaning the potential benefits may not be fully realised.\n<\/p>\n

\n\u201cTechnology and data will play a central role as the Australian construction industry continues to transform and focus on uplifting building quality,\u201d comments Tom Karemacher, Vice President, APAC at Procore. \u201cWith an increasingly complex network of stakeholders to report to, and an urgent need for data accuracy and ease of reporting, it\u2019s crucial that companies understand and address the barriers to better data capture and analysis.\u201d\n<\/p>\n

Software use is growing, while paper persists<\/b><\/p>\n

\nAs the construction industry continues its accelerated adoption of digital solutions, three quarters of all respondents surveyed (76%) are using some form of software to capture data across their business. However, some respondents continue to rely on paper-based records.\n<\/p>\n