Construction sites across the globe have no shortage of project data. Efficient analysing and a better understanding of this information can drastically boost your productivity, level up your profitability, help you identify risks before they appear, and allow you to make better decisions faster with utmost confidence. However, access to the right data analytics tool…
Knowledge management has become a critical issue among construction firms around the world. Acquiring, sharing, and using accurate data in construction is crucial for making any construction project successful. Data is the new ‘oil’ of modern times and knowledge management is considered to be one of the most effective ways to manage a large amount…
Construction companies can avail themselves of game-changing benefits by mining large data repositories. Along with finding profitable project opportunities, big data analysis will also help you manage them efficiently. PROJECT INTEL is a trusted software solution that you can use to gain insight into construction market intelligence across the GCC and Middle East countries. Continue…
According to a recent report, industries and individuals spend a little more than 10 trillion dollars per year on construction-related activities. Digital technology and innovations in the field of Artificial intelligence and machine learning are rapidly changing the construction industry. The use of AI has increased in the field of construction engineering and project management…
Construction is a time-consuming, resource-intensive, costly process. Irrespective of the size of construction projects, managing them can be challenging. Luckily there’s one tool that can streamline any construction process: big data. Big data is a technology that can be defined as a software tool for managing, processing, and analysing a vast data set to extract…
Saudi Arabia, one of the most influential countries in the Middle East is also the largest GCC (Gulf Cooperation Council) country. The country is typically known for its oil-based economy, but currently, the authority is focusing on diversifying its economy to boost financial performance and secure growth. Due to this reason, we are noticing huge…
The construction sector has its own dynamics that require a dedicated data analysis platform to address its unique requirements and overcome specific challenges. Data analysis software helps construction companies with budgeting, job scheduling, decision-making, and many other aspects of the construction process. You can reduce risk and generate more qualified leads by leveraging the power…
The adoption of data science is skyrocketing across several industries around the globe. So far, it has been proved quite effective in tackling several real-world problems and empowering management to make well-informed, intelligent decisions. Using this technology, construction companies can track and predict several things ranging from materials-based expenses to the time required to accomplish…
Due to the pandemic, construction activities in GCC (Gulf Cooperation Council) and Middle East countries slowed down in August 2020. After a year of fiscal distress, finally, the economy in GCC and Middle Eastern countries are expected to bounce back to a cumulative growth of 2.2% by the end of 2021. World Bank Gulf Economic…
According to a recent remark by an IMF official, the economic recovery of the UAE is gaining momentum and the country is all set to bounce back from the negative impact of the Pandemic by showing a strong and early response to the crisis. Thanks to the successful economic diversification, the non-oil GDP is likely…