What is PIM?
A key challenge in delivering large scale, long-term construction projects is effectively managing project information. Project teams must understand the risks and costs associated with delays and errors due to mismanaged project information, manual administrative processes, and workflow inefficiencies plaguing the project lifecycle.
As the industry progresses towards increased digitization, the volume of data generated and managed by design, engineering, and construction teams will grow significantly. Active projects can generate in excess of 25,000 project-related emails in a single year. And architects and engineers are generating millions of project files – all subject to retention and archiving requirements.
Lack of coordination costs architects and engineers billions every year.
60 days
13 months
77%
75%
69%
Newforma’s PIM solution is designed not to replace point solutions – but to unite them.
Project teams do not work in a vacuum - project delivery is collaborative. And project teams are distributed – across multiple locations, firms, and disciplines.
Most design and engineering firms rely on multiple point solutions throughout the project life-cycle – each with their own data silo. But firms have invested heavily in these applications.
Information – regardless of where it resides or who generated it – is at the heart of your organization. Project information management is more than just the ability to manage information, it also provides business intelligence value to your projects and your business. Newforma’s PIM solution connects all sources of project information together, regardless of its location.
Leverage the power of your data
Newforma’s PIM solution creates an environment where data, processes, and people are connected at the core of your firm’s data strategy. You can now focus on leveraging the power of your data to improve project performance, reduce risks, and increase profitability.