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Innovation & Industry
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Is Innovative Software the Answer to Construction Industry’s Productivity Challenge?

News RoomNews RoomJanuary 5, 2024No Comments3 Mins Read

Key Takeaways:

  • Builderhead, a startup based in Helsinki, Finland, has developed an innovative solution to the global productivity problem plaguing the construction industry.
  • The company combines project development, procurement, and construction management into a streamlined pipeline.
  • Builderhead promises to improve construction industry productivity by offering a smarter, integrated platform which helps construction companies avoid unprofitable projects.
  • The startup has potential to make significant impacts in a significant global industry, which accounts for 13% of the world’s GDP.

Many of us think of construction as a hands-on, tangible industry. Traditionally, it’s one that didn’t require software or advanced tech. But, the reality in the 21st century is very different. Just like other sectors, construction industry needs software solutions to improve its efficiency, productivity and profitability. One construction industry problem on a global scale, however, has been a lack of productivity growth – with an increase of just 1% over the past 20 years. Thereby arises a question: “Is Innovative Software the Answer to Construction Industry’s Productivity Challenge?” Today, we put the spotlight on a promising startup in the heart of Europe – Builderhead – which might just hold the answer to this critical question.

Hailing from Helsinki, Finland, Builderhead is a startup that has developed robust construction management software that focuses on real estate developers and general contractors. It combines elements of project development, procurement, and construction management into a streamlined, easy-to-use platform. Builderhead aims to solve not just the global productivity problem in the construction industry, but also helps construction companies avoid the risk of unexpectedly unprofitable projects.

What sets Builderhead apart is how they have filled a gap in the construction industry that many didn’t realize existed. Most decisions that affect the success of a construction project are made before construction begins, yet until now, there have been no smart tools available for this stage of planning. Builderhead has established itself as an industry pioneer by integrating a Project Development CRM, Bid Management Tools and Project Management Software into one platform. It complements the most commonly used software in the industry while focusing on the pre-construction planning phase.

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The startup’s unique solution not only streamlines the construction project life-cycle but also provides predictive analytics for developers and contractors to make more informed decisions, drastically reducing the risk of unprofitable projects. New technology and software like that from Builderhead are set to revolutionize the construction industry by making project management and accountability easier.

Given the vast scale of the construction industry, startups like Builderhead hold massive potential. With construction accounting for 13% of the world’s GDP, even small improvements in productivity can have large scale impacts. The future looks promising for Builderhead. With an innovative solution geared towards improving productivity and profitability in the construction industry, the company is surely set to make a significant mark.

To keep up with Builderhead’s growth and developments, follow them on Twitter, Facebook, LinkedIn or visit their website.


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Read the full article here

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