Lantern Data Systems Added To Procore’s App Marketplace: Offers Tailored AEC Dashboards And Analytics To Procore Customers.

In Lantern Posts, News by Marc Krichman

Make better, data-driven decisions by combining data from Procore and other construction systems into one business intelligence platform.

Sacramento, CA – October 19, 2016 – Today, Lantern Data Systems, a business intelligence and analytics company specializing in design, engineering and construction companies, announced its inclusion into Procore’s expanded App Marketplace enabling joint customers to connect their construction project management data to Lantern’s AEC business intelligence platform.

Marc Krichman, Lantern’s Co-Founder & President, highlighted the benefits of the partnership. “Now Procore … Read More

5 Steps to Help AEC Firms Implement a Data Strategy

In Insights, Lantern Posts by Marc Krichman

The ever-growing digitalization of our world has created a massive amount of data about nearly every aspect of our lives. Every internet site (including this one), click, search engine term and purchase is recorded and associated either with our online identity or in a cookie. Not to mention the devices; smartwatches, smart home devices and the Internet of Things. Though all wonderful pieces of technology, the net effect is that the service providers know an amazing amount of information about … Read More

Guest Post by Dr. George Quezada from The Conversation.com

In Insights by Marc Krichman

What construction jobs will look like when robots can build things

George Quezada, Data61

By 2034/35, almost 20% of Australians (6.2 million) are projected to be aged 65 or over. One sector already feeling the impact of the ageing population is construction. In Queensland, the number of construction workers aged 55 and over increased from 8% of full-time workers in 1992 to 14.2% in 2014.

An ageing workforce is likely to increase the need for less physically demanding jobs … Read More

Consumers vs. Creators in Construction

In Insights, Musings by Marc Krichman

Your construction company’s data is incredibly important to how your organization runs. But how do you use it? More importantly, who uses it, and in what way?

When it comes to data, there are two different types of people in your company who deal with it. There are the data creators, and the data consumers and they need different tools to do their jobs effectively.

What Are Creators and Consumers of Data?

What’s the difference? Let’s take, for example, your … Read More

Developing an Executive Dashboard for Construction

In Lantern Posts by Marc Krichman

executive dashboards for constructionHow do you monitor a construction project in progress? It’s important for project teams to have a clear idea of what’s going on in the project at all times, so that they can make informed decisions when necessary. But what’s the best way to keep them in the loop? Use an executive dashboard.

What Is an Executive Dashboard?

As its name implies, an executive dashboard is a single location from which project teams can view at a glance all of … Read More

Guide to Business Intelligence for the Construction Industry

In Insights, Lantern Posts by Marc Krichman

We live in the information age, constantly surrounded by a deluge of data. It can be confusing and overwhelming if you don’t know what to do with it. That’s what business intelligence is for. It seeks to make sense of that data use it to provide you with a clear picture of what’s going on in your company. So how do you implement a business intelligence program in the construction industry? Here’s a brief guide.

Elements of BI

When we … Read More

Visualizing Client Satisfaction

In Data Visualization by Marc Krichman

Customer satisfaction surveys provide the insights that are the foundation to creating and reinforcing positive customer experiences and key to fostering repeat business. But capturing the survey information is only part of the exercise. It must be analyzed, assimilated and communicated so that real change can happen.

During a recent customer engagement, we helped an organization visualize their client satisfaction using Lantern. Some of the resulting visualization included:

  • Top 10 projects (most satisfied projects)
  • Bottom 10 projects (least satisfied
… Read More

Analyzing RFI Volumes to Predict Claims

In Data Visualization by Marc Krichman

Ever wonder if there was a way to predict contractor claims? How about analyzing the number of RFI’s.

This is a visualization of the number of RFI’s on a Project against an average (this average happens to be across the entire company but it’s configurable).

  • Green line is the average RFI’s at that period of the project
  • Blue columns are the number of RFI’s at that 10% interval.

This project has more than double the number of RFI’s as the … Read More