Procore Drives Connected Construction Innovation at Groundbreak 2024

In This Article:

Groundbreak 2024 Kicks off Today in Denver (Graphic: Business Wire)
Groundbreak 2024 Kicks off Today in Denver (Graphic: Business Wire)
Procore has acquired Intelliwave Technologies, a leading industry provider of intelligent materials management software (Graphic: Business Wire)
Procore has acquired Intelliwave Technologies, a leading industry provider of intelligent materials management software (Graphic: Business Wire)
Procore launches its Safety and Scheduling solutions (Photo: Business Wire)
Procore launches its Safety and Scheduling solutions (Photo: Business Wire)

Announcements Include Industry-Defining Integrated Resource Management Solution and AI-Powered Scheduling and Safety Tools to Enhance Project Efficiency and Risk Mitigation

DENVER, November 20, 2024--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today kicks off Groundbreak 2024, the construction industry’s most innovative conference. Procore is unveiling Resource Management, the industry’s first all-in-one solution for comprehensive labor, equipment and materials tracking and planning, along with new AI-powered Scheduling and Safety tools that enhance efficiency and streamline safety management.

"Construction is one of the most complex industries in the world, but today, through connected technology, we have the power to improve every phase of construction, driving more productive, efficient, and safe projects," said Founder and CEO of Procore, Tooey Courtemanche. "Groundbreak 2024 is a testament to Procore’s commitment to investing in platform capabilities like Copilot and AI-driven Agents, as well as solutions like Resource Management, which seamlessly connect labor, equipment, and materials back to project schedules. Together, through our connected platform, we’re building a more unified and resilient industry."

Bringing together industry leaders, innovators, and professionals, Groundbreak 2024 focuses on connecting construction through technology and people. More than 4,500 attendees will attend Groundbreak from over 35 countries to hear from Procore leaders, industry executives, and keynote speakers Emmitt Smith and Bear Grylls. Key announcements include:

Enhancing Productivity with Industry-Defining Integrated Resource Management Solution

Today Procore unveiled Resource Management, a new product category that enables contractors to manage labor, equipment, and materials in a unified, intelligent offering across the entire build lifecycle. Resource Management, generally available now, unlocks greater control, forecasting, and visibility to help contractors increase profit margins, reduce delays, and boost productivity.

To accelerate this capability, Procore has acquired Intelliwave Technologies, a leading industry provider of intelligent materials management software. By combining Intelliwave’s materials solution SiteSense® with Procore’s existing labor and equipment capabilities, Resource Management delivers robust control over essential project resources. In addition, Procore AI Agents will further unlock value with automated risk detection and actions, delivering unprecedented levels of visibility into resource performance.