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Partner Interview
Published December 17, 2024

Procore, Trimble & Construction Project Management SaaS

Executive Bio

Former Customer at Large Construction Contractor

Interview Transcript

Disclaimer: This interview is for informational purposes only and should not be relied upon as a basis for investment decisions. In Practise is an independent publisher and all opinions expressed by guests are solely their own opinions and do not reflect the opinion of In Practise.

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Let's focus on project management. How would you describe the leading players in project management, and what are their strengths and weaknesses?

I would say Procore is definitely the leader in project management. It's improved over time and is considered the dominant force in the industry. Its strengths include request for information (RFI), submittal management, field management, and drawing management.

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Let's focus on project management. How would you describe the leading players in project management, and what are their strengths and weaknesses?

If there's a mistake on the plans or blueprints, Procore allows the contractor to ask questions directly to the project manager, general contractor, or architect, rather than using email. Procore was a pioneer in this area, though there are now other competitors. However, its bidding feature is not as strong.

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Yes, something like that. Or if the market is worth $100 million, how much revenue do you think Procore has, and how much do you think others have? Let's focus on the number of general contractors, specifically large general contractors.

I would say the majority are general contractors using Procore. If I were to guess, it would probably be 75% general contractors and then 25% owners and specialty subcontractors.

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© 2024 In Practise. All rights reserved. This material is for informational purposes only and should not be considered as investment advice.