Procore Unveils Latest Product Advancements at Innovation Summit 2024
12 June 2024 - 10:00PM
Business Wire
Investments in Artificial Intelligence and Maps Accelerates
Collaboration Across the Construction Industry
Procore Technologies, Inc. (NYSE: PCOR), the leading global
provider of construction management software, today is kicking off
Innovation Summit 2024, announcing a series of product advancements
to help customers improve collaboration throughout the construction
lifecycle.
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the full release here:
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AI Locations will allow users to scan
project drawings and automatically build out project location
lists. (Photo: Business Wire)
Procore has spent the last two decades building one of the
leading enterprise-grade construction management platforms for
customers all around the world, from preconstruction to closeout.
Today, Procore is committed to leading the construction industry
through the rapid technology changes facing builders. The company
is further innovating its core products – Project Management,
Quality, Safety and Construction Financials – while helping users
unlock the power of artificial intelligence (AI) and data to drive
their businesses forward.
Among the many solutions announced at Innovation Summit 2024,
the below newly announced product updates give Procore customers
deepened access to AI, improve field productivity, and drive
efficient cost management:
- Procore Copilot AI will further integrate into the Procore
platform via Microsoft Teams. This upcoming integration will
bring important project data and context directly from Procore into
Microsoft 365. Procore Copilot AI users will then be able to simply
ask questions about Procore projects in Teams, in normal,
conversational language, and receive a complete summary of the
pertinent information along with links to related information
sources. Users will be able to search for, view, and attach Procore
project information (such as requests for information (RFIs),
Specifications, and Submittals) in work on calls, meetings, and
chats.
- AI Locations will allow users to scan project drawings and
automatically build out project location lists. This will
unlock the ability to organize project items by location as they’re
created in the field later on. Procore will also utilize AI to
surface key information on RFIs and submittal response time,
alongside context on project requirements and industry
benchmarks.
- Procore Maps will enable viewability of photos on a map to
understand work status across all areas of a project to help
optimize workflows and reduce delays. Procore Maps will be able
to filter photos on a map by date to pinpoint specific milestones
or events captured during a project timeline. Ultimately, this will
streamline visual data and support smart decisions on the go. Users
will also be able to navigate to where photos are captured directly
from the map interface, providing context and clarity to team
members regardless of their location.
Join Innovation Summit today (June 12, 2024) or tune in on a
later date here to learn how the Procore platform is
helping users utilize AI, take control of construction outcomes,
collaborate efficiently and more.
About Procore
Procore Technologies, Inc. (NYSE: PCOR) creates software for
people who build the world. With a focus on providing timely and
accurate data for all, Procore transforms the construction industry
one project at a time - from hospitals and skyscrapers to airports
and stadiums. Beyond its connected, innovative technology, Procore
empowers the industry and its communities through Procore.org. For
more information, visit www.procore.com.
PROCORE-IR
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version on businesswire.com: https://www.businesswire.com/news/home/20240612564457/en/
Media Contact Raelle Alfaro press@procore.com
Investor Contact Matthew Puljiz IR@procore.com
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