The construction industry is increasingly adopting Project Management Information Systems (PMIS) such as Procore and eBuilder. However, many owners still rely on a mix of various systems, including Microsoft 365 tools like SharePoint and Excel. Despite the plethora of tools, integrating data from different systems remains a significant challenge.
Owners face several issues with their data, including:
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To foster a data-driven culture, construction companies must focus on three key areas:
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Data warehouses play a crucial role in making data accessible and usable for construction companies. By consolidating data from various sources into a single repository, data warehouses facilitate comprehensive analysis and reporting.
Some of the many benefits of using a data warehouse include:
How to implement a data warehouse:
By leveraging data warehouses, construction companies can unlock the full potential of their data, enabling more informed decision-making and strategic planning.
There are three types of analytics crucial for dashboard creation:
When creating dashboards, it’s essential to consider the type of visualization that best suits your audience. There are two main categories data visualizations may fall into: Explain vs. Explore.
Explain Visualizations: These are designed to convey key information quickly and clearly to executives or stakeholders who need a high-level overview. Examples include bar charts, line charts, and pie charts. These visuals should be simple, easy to read, and highlight the most critical data points.
Explore Visualizations: These should be used for someone who may want to delve deeper into the data to uncover insights. They are more complex and allow for interactive data exploration. Examples include scatter plots, heat maps, and more detailed dashboards with filtering capabilities.
Use explain visualizations when:
Use explore visualizations when:
By choosing the right type of visualization for the intended audience, you can ensure your dashboards are both effective and user-friendly.
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Here are a couple real-life examples of how Avicado has successfully helped clients streamline their data processes and adopt machine learning techniques.
Case Study 1: Streamlining Dashboard Updates for a Major Client
One notable case involved a large, well-known client who faced challenges with multiple one-off dashboards that required extensive time and effort to update. Each quarter, the client spent hundreds of hours updating these dashboards for executive review. Weekly reports alone consumed four hours per week. Avicado consolidated these disparate dashboards into a few comprehensive, global dashboards.
This consolidation process involved:
As a result, the time spent on updates was drastically reduced to just a few minutes, enabling the client to focus on data-driven decision-making rather than data preparation.
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