The New Dodge: Acquisitions, Product Launches Herald New Strategy of Data-Driven Transformation for Construction Industry

NEW YORK, May 20, 2016 /PRNewswire/ -- Dodge Data & Analytics Chief Executive Officer Mike Petrullo today unveiled a technology-driven vision for the company aimed at creating single-platform data integration for building product manufacturers, general contractors, specialty trades, architects and engineers. The platform will provide a cloud-based hub that serves as one workflow management and business growth solution for the industry.

In charting a path for "The New Dodge," Petrullo announced the acquisition of Adenium Systems, a software developer whose experience in workflow management tools will enable the launch of Dodge PlanRoom, a brand new, free document management tool for the construction industry, this July.

"Immersion of data, analytics and market intelligence directly into workflow tools holds enormous value for professionals across the entire construction industry supply chain," said Petrullo. "Our recent acquisitions of Adenium Systems and Ingenium Technologies are two examples of the steps we're taking to develop our cloud-based hub that will help change the way the construction industry does business."

In remarks at the 2016 American Institute of Architects (AIA) Convention in Philadelphia, Petrullo outlined the company's evolution from a trusted source of research-driven construction data – on which the U.S. Census Bureau relies every year as its sole private provider of construction starts and project data analysis – to a technology provider. Dodge harnesses its data to power single-platform integrated workflow tools for building product manufacturers, general contractors, specialty trades, architects and engineers.

Petrullo underscored Dodge's aggressive goal to ensure the pre-planning process for projects is as seamless and efficient as possible through Dodge PlanRoom, a powerful, free document management tool for building product manufacturers and contractors to keep tabs on project progress and status. PlanRoom includes personalized plan storage, invitation to bid functionality and integration of Dodge projects and contacts. Additional features will be available with reasonable pricing tiers.

"In the same way that our Sweets App for Revit connects building product manufacturers more directly into the architect's workflow, Dodge PlanRoom will provide a solution for general contractors and specialty trades to store their project information at the same time as they work together to finalize bids and plans," said Petrullo.

Building on a foundation of expertise in construction industry research and data products, the Dodge platform will allow industry professionals to more efficiently find projects, craft designs, specify materials, submit bids, manage projects and coordinate with partners and subcontractors.

In addition to PlanRoom, some of the solutions being introduced this year as part of the growing Dodge platform include:

• Sweets apps for Revit/AutoCAD – Solutions for architects that integrate building products and materials data directly into the design workflow to simplify discovery and selection. The Sweets app for Revit launched earlier this year, and the AutoCAD version is being previewed at the AIA convention. The Sweets apps will include over 50,000 building products by mid-June and over 100,000 by the end of September.
• ConstructionPoints for SalesForce – A set of integration and management tools that provide same day plug-and-play integration of Dodge data into Salesforce, one of the world's leading Customer Relationship Managament (CRM) systems. Additional CRM solutions are being developed.
• Dodge Mobile app – Dodge is now a fully mobile solution. The Dodge Mobile app launched in the Apple and Android app stores in mid-May. Dodge Global Network subscribers can search projects on the go, find local activity, and have instant access to any projects or contacts they've already flagged—all with the goal of keeping the design and build community connected with the right projects and professionals.

"The beauty of the Dodge platform is that it will change the way the construction industry operates without the requirement to learn new tools or technology," added Petrullo. "Like our industry, we are evolving to make it faster and easier for industry players to extract value from our data to enhance their business and advance their market positions."

"As this is just the beginning of our evolution, we will be making further announcements on key milestones toward our end goal of a single project platform for the industry."

About Dodge Data & Analytics: Dodge Data & Analytics is a technology-driven construction project data, analytics and insights provider. Dodge provides trusted market intelligence that helps construction professionals grow their business, and is redefining and recreating the business tools and processes on which the industry relies. Dodge is creating an integrated platform that unifies and simplifies the design, bid and build process, bringing data on people, projects and products into a single hub for the entire industry, from building product manufacturers to contractors and specialty trades to architects and engineers. The company's products include Dodge Global Network, Dodge SpecShare®, Dodge BuildShare®, Dodge MarketShare™, and the ConstructionPoints and Sweets family of products. To learn more, visit www.construction.com.

Media Contact: Benjamin Gorelick | Spector & Associates, +1-212-943-5858, [email protected]

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SOURCE Dodge Data & Analytics

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