These three companies are helping digitalise infrastructure

Economy


MUMBAI: Rapid urbanization in India has made it more pertinent to fast track infracture projects. According to a recent report by the Union Ministry of Statistics and Programme Implementation, 552 projects of 1,634 projects it monitors were delayed. Moreover, 373 projects also reported cost overruns.

Here are three companies that are digitalising infrastructure through innovative technologies and solutions.

Tracecost: Tracecost strives to provide big picture insights and solutions for companies of all sizes. It is a technology company that offers specialized products and services for construction and infrastructure companies such as process consulting, analytics, custom development and cloud management. Founded in 2019 by Prabh Paul, Madhvi Walia, and Sunny Vohra, the company was incepted by the “rapidly growing demand for timely delivery of projects which is primarily driving the global infrastructure market in the direction of re-engineered processes and technologies”.

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ArchChat: ArchChat claims to be the world’s first chat platform for design and construction projects. It is one of a kind platform that brings architects, designers, project owners, engineering consultants, contractors, product manufacturers, their dealers and art galleries together. They can be synced together and communicate about each and every aspect of their projects. While conversing, project collaborators can convert any conversation to a task and improve project management.

iCore: iCore helps construction professionals manage risk and build quality projects – safely, on time and with budget. From project onboarding to billing and closeout, iCore’s interface connects a team on a real-time centralized hub and on any device. A flagship product of CitrusLeaft, iCore is a construction business management software. Construction Companies and professional who works on high risk projects can take help from the core.



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