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Mar 21, 2023
In the sixth episode of Season 11 of the Propcast,
host Louisa Dickins is joined by Geoffrey Lewis, VP
Product Management and Tiffany LaBruno,
Product Director who both work at
Procore Technologies.
Episode Highlights:
How Geoffrey got involved in the
PropTech sector from investment banking and a failed startup
How the construction industry
beginning to utilise new technologies sparked Tiffany’s desire to
work in the sector and further train people to continue this
adoption
The trends they have seen with the
growth of innovation
The challenges with the increased
adoption of technology with the construction industry and how they
are working to overcome them
Why Procore merged with Honest
Buildings and the impact it had on business
The value Procore brings to its
customers
The main differences they have
found between working with general contractors and property
owners
The partnerships they are forming
with other software providers and what they are trying to achieve
with this
The investment Procore is making
into the pre-construction space and how this ties in with ESG
Resources:
Shout outs:
Key Takeaways:
So we really have seen over the 20
– 30 years that I’ve been in this industry, an evolution to utilise
technology within construction. – Tiffany
If they get in there and it’s too
hard to use or too hard to configure, they’re just gonna throw up
their hands and go back to Excel. – Geoffrey
There’s so many things we’re
seeing and utilising at Procore in terms of AI and ML and really
driving data insights to owners. They’re starting to see the value
of utilising it across the platform because then they can make
decisions on future projects based on how the last project went. –
Tiffany
The one thing I would say for
founders out there, you know companies are bought, not sold.
Procore’s got to really want to purchase Honest buildings. You
can’t just go to them and say, hey, we’re for sale, that’s not
gonna be something that gets a deal done. – Geoffrey
Historically the tools have been
built for these general contractors who are doing all the work and
very much need software. But the owners who are holding all the
risk, I think haven’t necessarily availed themselves with the right
tools to be able to really effectively manage that risk. –
Geoffrey
What’s interesting is a lot of our
most used integrations are things that are used across every
industry, not just construction. – Tiffany
About Our Host
Louisa Dickins
Louisa
is the co-founder of LMRE, which has rapidly become the market
leading global PropTech recruitment platform and search consultancy
with operations across North America, United Kingdom, Europe and
Asia-Pacific.
To promote the industry she is so passionate about,
Louisa set up the Global podcast ‘The
Propcast’ where she hosts and invites guests from the built
environment space to join her in conversation about innovation.
About LMRE
LMRE is globally
recognised for leading the way in Real Estate Tech & Innovation
talent management.
From the outset our vision was to become a global
provider of the very best strategic talent to the most innovative
organisations in PropTech, ConTech, Smart Buildings, ESG,
Sustainability and Strategic Consulting.
At LMRE we are fully committed at all times to exceed
the expectations of our candidates and clients by providing the
very best advice and by unlocking exclusive opportunities across
our global network in the UK, Europe, North America and
Asia-Pacific.
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