SmartPM Technologies Declares Public API to Connect Schedule Analytics Platform with Business Intelligence and Dashboard Applications

Construction Tech Review | Wednesday, October 07, 2020

SmartPM Technologies declares the launch of its open application programming interface (API).

FREMONT, CA: SmartPM Technologies is a leader in schedule analytics software for the construction industry, announces the launch of its open application programming interface (API) to help the clients seamlessly transfer the schedule progress, performance and key performance indicator data offering a real-time view into the overall health of construction projects that help for more reliable and informed management decisions at all levels.

“The open API is designed to integrate with leading business intelligence platforms, including Power BI, Tableau and Domo. The combination of real-time schedule analytics from SmartPM Technologies and their other systems can help construction organizations better run their projects by reducing costly overruns and delays. The construction schedule is the most comprehensive, useful and informative data set that exists on projects today, and historically it has been left out of the equation,” states SmartPM Technologies CEO Michael Pink.

Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

“The business world is increasingly driven by data. Most companies are trying to capture and understand as much data as possible to make the best decisions for their businesses,” states Rohit Sinha the chief technology officer at SmartPM Technologies. “By facilitating information transfer with the API, SmartPM Technologies enables clients to more quickly analyze a vast amount of construction schedule data and create easy-to-understand dashboards for oversight purposes. We are already seeing a lot of interest from our customers who have begun integrating this data into their dashboards, allowing them to monitor not only the cost, but also the schedule.”

Research by the McKinsey & Company says that large construction projects throughout the asset classes generally take 20 percent longer to finish than scheduled and are rising to 80 percent over budget. An open API allows organizations to integrate the schedule into their overall management strategy and offers an across-the-board health check into their day-to-day operations.

SmartPM Technologies is a cloud-based, project analytics software solution specifically designed for the construction industry. It is a first-of-its-kind, full-service project analytics system that secures information from other project management platforms and transforms it into meaningful insights that ultimately minimizes the risk of cost exposure related to the delays and overruns. The industry experts designed SmartPM Technologies with one mission in mind: to provide stakeholders with the necessary tools to effectively control costs and schedules, and to keep the projects off the path toward disputes.

Check Out This:

Business Management Review 

More in News

In order to successfully complete a project, a number of aspects must be balanced in the complicated field of project management. Even with careful planning, project managers frequently run into a number of obstacles that could undermine their efforts. This article examines the main obstacles faced by project managers and provides solutions. Balancing Project Constraints A significant challenge in project management is balancing the project constraints of scope, time, and cost. These limitations, known as the project management triangle, are interconnected, which means that any modifications to one would most likely influence the other. For instance, expanding the project scope can lead to increased costs and extended timelines. Effective project managers use tools like real-time dashboards to monitor progress and make adjustments as needed to maintain balance. Avoiding Scope Creep Scope creep occurs when the project's requirements expand beyond the initial agreement, often leading to budget overruns and delayed timelines. This gradual expansion can be managed by clearly defining the project scope and maintaining open communication with stakeholders. Regularly reviewing the project scope and implementing change control processes can help prevent scope creep from derailing the project. Managing Stakeholder Expectations Stakeholders play a crucial role in a project's success, but managing their expectations can be challenging. Stakeholders may have differing priorities and levels of involvement, which can impact the project's progress. To manage stakeholder expectations effectively, project managers should identify key stakeholders early, understand their needs, and maintain regular communication. Providing timely updates and transparency about potential issues can help build trust and keep stakeholders aligned with the project's goals. Estimating Costs Accurately Accurate cost estimation is essential for creating a realistic project budget. Underestimating costs can lead to financial shortfalls while overestimating can result in wasted resources. Project managers should consider all potential expenses, including materials, labor, and overhead, and use historical data from similar projects to inform their estimates. Consulting with experts and using cost estimation software can also improve accuracy. Assembling the Right Team The project team's abilities and expertise significantly impact the project's success. Assembling a team with the right mix of expertise can be challenging, especially when resources are limited. Project managers should assess the project's specific needs and select team members who possess the necessary skills. Providing ongoing training and fostering a collaborative team environment can also enhance team performance. ...Read more
The term "construction technology" describes the many hardware, software, apps, and tools that companies use during different phases of a construction project. Businesses can increase the effectiveness of their processes and operations with the help of these devices. Automated and semi-automated construction equipment, bid management software, autonomous heavy machinery, mobile applications, robots, virtual reality (VR), machine learning (ML), and artificial intelligence (AI) are just a few of the many components that make up construction technology. Benefits of using construction technology Boosts productivity: Every construction job is unique, making standardizing the numerous processes extremely difficult and reducing productivity. Technology, such as AI and ML, helps to automate and streamline various operations, hence increasing productivity. Aids in managing labor shortages: Construction companies are constantly dealing with a labor shortage. Technology can be quite helpful in managing such shortages. Construction companies can utilize drones, robots, or autonomous heavy equipment to reduce the number of humans required to complete any major physical task. Technology can also aid by supplying them with the most up-to-date database of potential candidates, which they can then utilize to acquire new personnel as needed. Enhances safety: Employee safety is an important concern in the construction industry. The use of tools such as VR, sensors, and wearables can significantly enhance workplace safety and lower the chance of catastrophic injury. These technologies enable construction companies to train employees efficiently and monitor their health condition and overall site safety to maintain a safe working environment. Ensures improved teamwork: Collaboration in construction projects is an enormous challenge because the sites are often very large, and the projects involve multiple decision-makers. The tools created specifically for cooperation and communication promote better and faster decision-making. Such applications also ensure that new information reaches every stakeholder in real-time, enabling the project to proceed smoothly. Examples of construction technology Offsite construction: Offsite construction is a very efficient technique that construction companies commonly use on projects with repeating design patterns. Hospitals, hotels, prisons, and schools may contain repetitive elements that can be built offsite. Each team understands their role in this technique and completes the same task for various projects. As a result, a single team may be in charge of installing electrical wiring in multiple hospitals. Most hospitals employ identical machines; thus, their installation requirements are similar. As a result, the team can complete this task in other hospitals with only minor layout changes. Drones: Construction companies employ drones to conduct site inspections and detect potential problems. This enables them to secure the safety of their employees. For example, a construction company may use drones to monitor its employees to ensure their safety and proper job performance. ...Read more
As an alternative to conventional wet construction processes, dry construction techniques have gained popularity. Dry building emphasizes prefabricated materials and systems that don't need drying or curing time, in contrast to traditional techniques that mostly rely on wet materials like concrete and mortar. This method can be used in a variety of building situations and has a number of benefits. Types of Dry Construction Methods Pre-fabricated Panels : One of the most common types of dry construction involves using pre-fabricated panels. These panels, made from gypsum, wood, or metal, are manufactured off-site and assembled on-site. They are used for walls, floors, and ceilings, allowing for quick and efficient construction. Modular Construction : Modular construction entails producing building pieces or modules at a factory, which are then assembled at the construction site. This method is often used for residential buildings, schools, and office spaces. It allows for high-quality control and can significantly speed up the construction process. Lightweight Metal Frame Systems : This method utilizes a lightweight metal framework, such as steel or aluminum, which supports the building's structure. The metal frames are combined with panel systems to create walls, floors, and ceilings. These systems are known for their strength and durability while being lighter than traditional materials. Benefits of Dry Construction Methods Speed and Efficiency : One benefit of dry building is shorter construction time. Since dry construction materials are pre-fabricated and do not require curing, projects can be completed much faster compared to traditional methods. ShareMyToolbox supports this efficiency by providing digital tracking and coordination tools that streamline materials management and on-site workflows. This can result in significant cost savings and speedier occupancy. Reduced Waste : Dry construction methods generate less construction waste. Pre-fabricated materials are manufactured to precise specifications, reducing the likelihood of off-cuts and excess material. This not only minimizes environmental impact but also lowers disposal costs. Improved Quality Control : Quality control is more consistent since components are produced in a controlled factory environment. This can result in higher-quality construction with fewer defects and issues related to workmanship. Jackson Control delivers smart building automation and control solutions enhancing efficiency, real-time monitoring, and operational coordination in modern construction projects. Flexibility and Adaptability : Dry construction allows for greater flexibility in design and modifications. Components can be easily disassembled and reconfigured if needed, which benefits projects requiring future adjustments or expansions. Uses of Dry Construction Methods Dry construction methods are versatile and can be employed in various applications. They are ideal for residential buildings, commercial structures, and temporary buildings. Their quick installation makes them suitable for projects with tight deadlines or areas with challenging weather conditions. Additionally, dry construction is increasingly used in sustainable building practices due to its reduced environmental impact and efficiency. ...Read more
The construction industry is undergoing a digital transformation, with the increasing adoption of technology across all aspects of operations. While this technological advancement has brought significant benefits, it has also introduced new cybersecurity risks that can severely affect construction companies. Due to inherent challenges and emerging threats, the construction industry is increasingly vulnerable to cyberattacks. Complex supply chains involving subcontractors, suppliers, and vendors create numerous potential entry points for cybercriminals. Sensitive data, such as financial information, intellectual property, project plans, and personal details of employees and clients, make construction firms prime targets. Additionally, reliance on outdated technology and legacy systems increases susceptibility to breaches, while the rise of remote work introduces new risks associated with unsecured networks. Common cyber threats in the construction industry include ransomware attacks, where sensitive data is encrypted and held for ransom, causing operational disruptions and financial losses. Phishing attacks, designed to deceive employees into disclosing confidential information or downloading malware, are prevalent. Data breaches can lead to the theft of critical information, identity fraud, or financial exploitation. Moreover, supply chain attacks targeting vendors or suppliers give cybercriminals indirect access to construction networks. To combat these risks, construction companies should adopt robust cybersecurity measures. Employee training is essential to build awareness about phishing schemes, password security, and the dangers of suspicious links. Implementing network security solutions, such as firewalls and encryption, can safeguard critical systems. Access controls should restrict sensitive information to authorized personnel, and regular software updates ensure systems are fortified against vulnerabilities. Companies must also prioritize backup and recovery plans to mitigate data loss and develop comprehensive incident response plans for effective threat management. Finally, investing in cybersecurity insurance can provide financial protection against potential attacks. By taking these proactive steps, construction firms can enhance their resilience in an increasingly digital and interconnected industry. To address the unique cybersecurity challenges within the construction industry, companies must adopt advanced strategies to safeguard their operations and assets. A Zero-Trust Security Model establishes a robust foundation, which assumes that no user or device can be trusted without verification. Endpoint Detection and Response (EDR) solutions enhance security by identifying and mitigating threats on devices like laptops and mobile tools. Security Information and Event Management (SIEM) tools offer critical insights by collecting, analyzing, and correlating security event logs to detect potential vulnerabilities. Regular security audits and penetration testing are essential for identifying system weaknesses, while ongoing employee awareness training ensures that staff can recognize and respond to emerging threats. Additionally, comprehensive incident response planning minimizes the impact of potential cyberattacks. Technology plays a pivotal role in fortifying construction cybersecurity. AI-powered security solutions enable real-time threat detection and mitigation, while blockchain technology secures sensitive data and ensures the traceability of materials. Cloud-based security solutions provide scalable and advanced protection for distributed networks. By adopting these proactive measures and leveraging cutting-edge technologies, construction companies can effectively mitigate risks, safeguard their assets, and drive project success in an increasingly digital landscape. Cybersecurity is a critical concern for the construction industry. By understanding the risks and implementing effective cybersecurity measures, construction companies can protect their sensitive data, maintain business continuity, and safeguard their reputation. As the construction industry continues to evolve, it is essential to prioritize cybersecurity to ensure the long-term success of businesses.  ...Read more
follow on linkedin follow on twitter Copyright © 2026 All Rights Reserved | by:

Construction Tech Review

| Subscribe | About us | Sitemap| Newsletter| Editorial Policy| Feedback Policy
Top