Hot off of the acquisition of Honest Buildings, a project management software aimed at owners and developers, Procore has announced they have acquired yet another tech company to help bolster their offerings.

On Friday, August 8, Procore announced the acquisition of ConstructionBI, an app that allows users to integrate their data from Procore with Microsoft Power BI. The Microsoft product is a data visualization tool, allowing users to more quickly analyze data to make quicker business decisions.

ConstructionBI was founded in 2017 when it’s Power PI App for Procore was launced on the Procore App Marketplace. It currently has over 80 prebuilt dashboards and reports for use within Procore and the ability to build custom reports for your company’s specific needs. Users are required to have a Power BI Professional License in order to utilize to app, which will work with Procore’s Project Management, Construction Financials, and Quality & Safety products.

screenshot of ConstructionBI integration into Procore, via Procore App Marketplace

Procore believes the acquisition will allow their users to make better data-driven choices.

“With the acquisition of Construction BI we look forward to offering customers greater transparency and accessibility to their data to support them in making better, more informed decisions, and to providing customers with a host of new and rich industry insights, such as benchmarking against peers, foreshadowing risk, and accurately predicting outcomes throughout the course of construction,” said Danny Seigle, Vice President of Business Development at Procore.

Procore is actively working on their plans to integrate ConstructionBI into their platform. There is no word yet if this software will be added as a free product enhancement or if it will be a premium add-on product for users that need it.

Full story: Procore acquires Construction BI to bring next generation analytics and AI to the construction industry | Procore

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