News Summary
Newforma has launched Info Track, a new module within its cloud-native platform, Newforma Konekt, designed to centralize project management for AECO teams. This tool addresses industry challenges like labor shortages and inefficient information management, aiming to streamline processes and enhance team collaboration. With a user-centric design, Info Track facilitates better coordination and communication across distributed teams, promising to redefine project management standards in the Architecture, Engineering, Construction, and Owner sectors.
Newforma Unveils Innovative Tool for Project Management in AECO Sector
Newforma has launched a cutting-edge module named Info Track within its cloud-native platform, Newforma Konekt. This new tool aims to centralize project communication, files, tasks, and decisions for architecture, engineering, construction, and owner (AECO) teams. As the industry faces increasing complexity and data overload, Info Track will play a pivotal role in simplifying collaboration and enhancing project management efficacy.
Addressing Industry Challenges
The launch of Info Track comes in response to mounting pressures within the AECO sector regarding project management. A recent survey conducted by Newforma highlights that 41% of project delays in this field stem from labor shortages. Furthermore, 77% of AECO firms reported missing deadlines primarily because of inadequate project information management. This underscores the urgent need for effective solutions like Info Track that can help teams navigate these challenges.
A Centralized Digital Workspace
Info Track provides a centralized digital workspace, allowing team members to access crucial project information from anywhere. This feature is especially beneficial for distributed and multidisciplinary teams, fostering smooth collaboration across various stakeholders. With key features aimed at reducing manual processes and facilitating faster onboarding, Info Track is designed to improve coordination among firms of different sizes.
Enhancing Project Coordination
Newforma’s CEO emphasizes that effective information management and project coordination are essential components for acquiring a competitive advantage in the AECO sector. The intuitive interface of Info Track is shaped by feedback from thousands of AECO professionals, ensuring that it meets the practical needs of users in the field.
Upcoming Live Launch Event
A live launch event to showcase Info Track’s capabilities is scheduled for June 25, 2025, on LinkedIn. This event aims to provide insight into how the tool can transform project management practices within the AECO sector.
A Strong Track Record in Project Information Management
Newforma has established itself as a leader in the Project Information Management (PIM) sector for over 20 years, successfully managing more than 16.3 million projects worldwide. The company supports over 4.5 million users across 1,500 firms, aiming to foster effective collaboration and maintain quality assurance throughout project lifecycles.
Managing Workloads and Workforce Limitations
Info Track aids teams in managing their increasingly heavy workloads while addressing the limitations imposed by workforce shortages. Its architecture is designed to seamlessly integrate with existing systems, allowing users to link files from SharePoint and interact with project files via Microsoft Outlook. This integration streamlines communication and filing processes, enabling teams to work more efficiently.
Streamlined Workflow Features
The module includes advanced features for managing Requests for Information (RFIs) and Submittals. Additionally, it utilizes notifications to keep all stakeholders updated, ensuring that everyone is aligned throughout the project lifecycle. With API integrations to widely used platforms like Procore, Info Track dramatically enhances workflow and data management.
Advanced Management Capabilities
Newforma Konekt further enhances its value with features like a 3D model viewer and Building Information Modeling (BIM) issue tracking capabilities, which allow teams to manage BIM-related issues directly within the platform. These functionalities integrate more deeply with existing processes, ensuring that project management is not only effective but also responsive to modern demands.
In summary, Newforma’s Info Track represents a significant advancement in project management for AECO teams by addressing industry challenges head-on, enhancing collaboration, and optimizing workflows. As teams look for ways to navigate growing complexities while managing deadlines and information efficiently, this tool could very well be the solution they need.
Deeper Dive: News & Info About This Topic
Additional Resources
- For Construction Pros: Newforma Launches Info Track
- Wikipedia: Project Management
- PR Newswire: Meet the New Newforma
- Encyclopedia Britannica: Construction Technology
- For Construction Pros: Michigan Legislature Adds $115 Million
- Google Search: Newforma Info Track
- Architosh: Newforma Konekt Cloud Solution
- Google News: Newforma
- PR Newswire: CEO Announcement – Peter Cannone Joins Newforma
- Google Scholar: Project Information Management
