By 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.
“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.