According to McKinsey & Co., the construction business faces a major productivity challenge. While labor productivity in the global economy has increased by an average of 2.8 percent a year over the past two decades, and in manufacturing by an impressive 3.6 percent, the construction sector has registered a mere 1 percent annual improvement. The industry is turning to data-driven solutions that improve project outcomes and reduce risk.

Trimble, with it’s construction software portfolio that spans the entire construction life cycle, is in a unique position to provide manufacturers, distributors and contractors an integrated analytics solution that benefits all stakeholders and reduces risk for all parties involved.

Technology trends are changing the landscape of buildings construction and are impacting how building product manufacturers, distributors and contractors go to market.

Speaking of manufacturers, there’s a digital gap between manufacturer catalogs and their customers’ digital construction workflows. This is leading to a lack of visibility into customer needs, which are also rapidly changing due to digitization. The Trimble Construction Analytics solution provides manufacturers with insights into channel coverage, market share, wins and losses by region and product category and how their products are represented in contractor workflows from estimating, design through procurement - insights that can help them increase their sales and market share.

Trimble just launched Construction Analytics for Contractors to help contractors make better estimating, design, fabrication and procurement decisions during pre-construction. With access to better data, Contractors will be able to reduce risk and increase profitability on construction projects.

The first module of the solution that was launched is around analytics for fabrication. Other modules and data points will be following soon!