Smart Innovators: Construction Management Software
Executive Summary
After over a decade of stagnant productivity in construction, the digital transformation of the sector is accelerating, due to immense pressure to overcome worsening labour shortages and align with incoming ESG targets. With new market entrants bringing compelling innovation, and adopting mindset-shifting approaches, construction management software (CMS) is fast becoming a cornerstone of construction processes, from backyard makeovers to megaprojects. This report provides buyers of CMS with a high-level benchmark of the capabilities of 26 providers. It covers solutions for project management, document control, compliance, financial control and customer support. Construction managers should use this report to inform their investment decisions for 2024. Software providers should leverage the information to benchmark their products.Construction management software (CMS) is redefining the industry
A range of factors amplify challenges in construction
Introducing the CMS market
Core functionality spans project management to financial control
Digitization of the construction industry is accelerating, with diverse solutions continually evolving
The future of CMS is bright
Key innovations in CMS
Figure 2. The building life cycle
Figure 3. Stakeholder involvement at each stage of the building and construction management process
Figure 4. The three pillars of construction priorities
Figure 5. Drivers and barriers to the uptake of CMS
Figure 6. The broad range of CMS functionality
Figure 7. Smart innovators: CMS capabilities assessment
Figure 8. Key recent mergers, acquisitions, investments and product launches
Figure 9. CMS innovative capabilities assessment
About the Authors
Sophie Planken-Bichler
Analyst
Sophie is an Analyst at Verdantix, specializing in AEC software and digital twins. She provides strategic guidance to both technology buyers and software vendors, delivering i…
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Claire Stephens
Research Director
Claire Stephens is a Research Director at Verdantix, leading research into technologies and services shaping the real estate and the built environment, encompassing …
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