Dodge Construction Network aims to be a catalyst for Modern Construction
The launch of Dodge Construction Network, a new brand uniting Dodge Data & Analytics, The Blue Book Network, IMS and Sweets, was announced today. Following the recent merger of Dodge and Blue Book, the two 100-year-old market leaders today revealed their latest initiatives to unite under the new umbrella brand and provide the construction industry with the largest, connected database ever available.
This new brand is ushering in an era of data-driven digital transformation to the construction industry, an industry full of companies advancing their technology at various, disproportionate rates. Dodge Construction Network combines the strengths and histories of two well-known industry leaders and their respective data services to create a data network that lets all participants in the market—from enterprise groups to small teams—identify the critical relationships between products, people, firms and products to power predictable and profitable business growth. The integration of this single network provides the construction industry with a transparent and accessible marketplace.
Part of this transformation involves modernizing how the construction ecosystem utilizes data. The company conducted a survey from among its nearly 150,000 customers to investigate how companies are embracing digital transformation, and how it drives data and projects in the industry. The data revealed a positive attitude towards digital transformation, but with a significant disconnect.
According to new research from the company, construction personnel at all levels are embracing digital transformation. However, the implementation is fragmented, making the already complex nature of construction projects even more complex; 84% of field workers say digital transformation has impacted the way they work, but 34% say that while their company has implemented digital transformation efforts, different teams are using different solutions, and 23% say it has failed to reach the jobsite.
However, there is a general consensus that digital transformation has potential for the industry: 95% of field workers are willing to use digital transformation tools that could make their jobs easier, and 89% of both field workers and office workers believe that digital transformation either already has or will transform the construction industry within the next five years.
“This data shows us that digital transformation can make construction easier, but we need a technology that works for everyone, at every level. By joining these historic companies, we’re able to innovate around the data that drives the commercial pre-construction ecosystem, integrate our portfolio of solutions, and provide the most comprehensive analytics and insights to offer that much needed technology,” said Dan McCarthy, CEO of Dodge Construction Network. “A unified view of this critical data allows construction professionals to make the informed decisions needed to grow their business in a sustainable way.
“Our goal is to simplify the countless data sets and leads that make up the pre-construction market, and make it more lucrative for everyone involved. Dodge Construction Network and its advanced solutions are the catalysts for collaboration and for a new era of modern construction,” he continued.
For decades, valuable construction data has been collected and made available, but the data has been fragmented or siloed, making it impossible to get a holistic view of overarching insights and creating a disconnect in the collaboration of teams and companies working together on projects. Dodge Construction Network is purpose-built to address these obstacles and connect the industry, not just through data, but through the shared pursuit of reliable growth, creating a modern and accessible marketplace.
This new solution combines market-leading research and data-acquisition practices with cutting-edge master data management techniques to simplify vast amounts of data and surface critical relationships and opportunities that help busy people make informed decisions at the right time. Each solution is designed to be intuitive, transparent and tangible—providing users with the power to see the trends impacting their businesses and the connections needed to achieve growth.
“We’re very excited about this launch and all the opportunities it presents, both for the industry and the company itself,” said Keith Davies, Chief Technology Officer of Dodge Construction Network. “Each offering blends human-assisted insights with cutting-edge technology to provide a holistic view of the entire construction ecosystem. At Dodge Construction Network, we’re making it easier for all levels of commercial construction professionals to build both successful businesses and thriving communities.”