The construction sector is the backbone of every country. Construction, like any other sector, faces issues for which numerous technological solutions are implemented. Modern construction startups provide a promising landscape and a potential answer to the construction industry’s challenges.
In particular, construction management and construction project scheduling software are gaining a lot of traction.
This article will look at three well-known construction startups that have taken the construction industry by storm.
What is a construction startup?
Over the last decade, the software and IT sectors have exploded like nothing else. 80% of successful startups are either in the core software sector or in an industry that supports software enterprises.
But in the construction industry, we generally don’t hear anything noteworthy. People have a typical perception that the construction business seldom accepts technology, but this is changing.
A construction startup is an entity that solves an issue that is currently prevalent in the industry. Several promising technologies, such as 3D printing, artificial intelligence, and machine learning, are quickly gaining prominence in the industry. Businesses that are employing these technologies paint a powerful picture of the sector’s success.
3 well-known construction startups
Here are three of the top construction management software products for contractors and subcontractors:
1. Assignar
Founded: 2014
Location: United States
Type: Private
Founders: Sean McCreanor and Marko Tomic
Domain: Construction management
Employee strength: 94
Total funding amount: $47.2 M
Assignar is construction management software that allows you to manage projects, organize your workforce more efficiently, avoid claims, and grow your business. It was created by industry specialists to help contractors and subcontractors optimize their operations.
Assignar offers a number of invaluable features, including equipment management, scheduling, timesheets, custom forms, compliance management, billing, and payroll.
The data collected in the field can be presented in a variety of ways to provide graphically detailed insights into operations.
Workers can use the Field Worker App to check in and out of the system, as well as fill out and submit timesheets and paperwork, which are sent directly to the office and easily incorporated into accounting software.
With so much uncertainty and unexpected challenges in the construction industry, company owners and managers need a flexible and accessible solution to keep track of their teams, equipment, and resources.
Many existing construction solutions cater to general contractors and high-level project management.
Assignar is built for contractors on the job, whether you’re a specialist contractor or a self-performing general contractor, and it delivers more precision than other project management options. Assignar combines your operations from start to end with a single login, whether you’re working on a few big projects or managing hundreds of assignments.
2. Equipment Share
Founded: 2014
Location: United States
Type: Private
Founders:Jabbok Schlacks
Domain: Supply chain
Employee strength: 3600
Total funding amount: $1.6 B
Equipment Share is a fleet management platform developer aimed at contractors and original equipment manufacturers. Through automated data collection, the platform provides services such as verification of insurance, processing of payments, thorough background checks, and a simple layout for leasing equipment, allowing construction contractors to make sensible decisions about their resources.
Contractors can have total control over their construction processes. They can receive worksite and fleet bottleneck warnings, such as safety and security problems or dysfunctional machinery. They can easily run usage, job expenditure, and maintenance reports. One can also evaluate the employees for compliance and efficiency.
T3, their cloud-based operating system, allows you to manage your entire fleet. Using billions of machine diagnostic data points, the platform can forecast service events and their causes, which can help you avoid potential failures and expensive outages.
When it comes time for servicing, their experts are ready to assist and can frequently diagnose issues remotely to get your machine back up and running as soon as possible. The platform’s technology will assist you in maximizing use, planning maintenance, and keeping a digital history of your equipment to preserve its value.
3. Fieldwire
Founded: 2013
Location: United States
Type: Private
Founders: Javed Singha
Domain: Construction management
Employee strength: 138
Total funding amount: $1.6 B
Fieldwire allows you to assign tasks, work from current drawings, and align the field and office from any device. You can also keep detailed records of employee activities.
Creating work schedules for forthcoming projects and implementing best practices across all projects can be performed in a few clicks. Capturing as-built project information to produce a verifiable record of work completed is also a breeze.
General contractors save time by using Fieldwire to find the most recent project designs and information. This construction software streamlines Jobsite collaboration and eliminates misunderstanding among workers, which kills productivity so that employees can focus on getting things done and getting them done right.
When a general contractor assigns a task to a team member or a specialty contractor, they are informed instantly through push notification.
As the owner of a construction project, Fieldwire’s unrestricted data storage allows you to follow all of your projects in real-time. It enables you to make 100% data-driven decisions.
Furthermore, you will receive automatic status updates and customizable building progress reports, as well as the ability to refer back to completed or archived projects at any time.
Conclusion
During the pandemic, the construction industry was one of the worst hit and faced an existential crisis; however, as government restrictions relax and as the pandemic becomes a distant memory, the construction industry is starting to stand on its own yet again.
However, a lack of technological sophistication on construction sites has contributed considerably to production delays, failed budgets, and increased job site safety risks during the last few decades, but the picture appears to be changing lately.
Modern construction startups, like Assignar, are developing high-tech solutions to age-old challenges both on and off of the field. The right software solutions can save you hours of labor on each job, and even on a daily basis. In the coming years, it will be fascinating to see how old benchmarks are broken and new ones set as the sector expands.
