ConTechTrio Episode 71 – Integrating Accounting, Finance and Tech in the AEC Industry with Joshua Gloede from Accodex
Last Friday, the ConTechTrio aired episode 71 of the podcast in which James Benham (@JamesmBenham), Josh Bone (@BIM2theBone) and special guest host Nathan Wood (@Nathancwood) discussed the latest construction tech news. Headliners last week included STACK Construction Technologies, iOS 11, Trimble’s SiteVision prototype, EarthCam’s GigapixelCam X1, and much more! Special guest, Joshua Gloede, Accounting Partner at Accodex, also joined to discuss accounting, finance and tech in the AEC Industry.
Join JBKnowledge on July 13th in Philadelphia for the 2017 ConTech Roadshow. This one day event, featuring the ConTechTrio, is filled with interactive technology, educational sessions, and a chance to network with leading construction technology innovators. CLICK HERE to register today and learn more about the 2017 Philadelphia ConTech Roadshow!
Tech You Should Try:
STACK Construction Technologies is a cloud takeoff and estimating software available in three versions Basic, Plus, and Pro that increases takeoff speed and reduces errors so users can bid and win more. STACK also works well in a multi-user collaborative environment and is integrated with JBKnowledge’s construction bid software, SmartBid.
Weekly ConTechTrio Twitter Poll:
Last Week’s Poll: Does your company use a virtual reality solution to visualize the job site during construction? The poll resulted in 44% “Yes,” 48% “No,“ and 8% “What’s Virtual Reality?”
This Week’s Poll: “Does your company use a Business Intelligence tool to analyze data from projects?” Visit the ConTechTrio Twitter page and simply answer “Yes” or “No.”
Construction Tech News:
Industry Education, Insights & Trends
James Benham provides a rundown of the Construction Financial Management Association Annual Conference last week that was held in Phoenix, Arizona. James had the privilege to give two presentations at the conference, as well as, conduct live interviews with ConTechTrio Co-host, Rob McKinney throughout the show. Watch the live coverage, here!
This article discusses lean construction and provides infographics on the seven steps of identifying “Choosing by Advantages.” (CBA is a collaborative and transparent decision making system.) Click here to view the infographics and learn more about lean CBA methodology.
Partnerships & Acquisitions
TechCrunch announces big news in this article about WeWork combining forces with Fieldlens to bring connected front line teams to the workspace! Learn more about the details from this acquisition between WeWork, a $1.8 billion dollar company that provides co-working spaces all around the world and Fieldlens, a mobile communication system for the construction industry.
Forbes discusses in this article how the farm equipment giant, John Deere, has purchased Wirtgen Group, a German road construction company for $5.2 billion dollars in cash. This acquisition is planned to grow John Deere’s international presence, as well as, give Deere a larger foothold in the AEC industry.
CyBe Construction, a Dutch company that specializes in 3D concrete printing has fabricated a 1,808 square foot drone research and development lab for Dubai Electricity and Water Authority. Read this article to also learn about the 25% of all buildings that is expected to be 3D printed by 2030.
EarthCam announces the launch of its GigapixelCam X1, which is EarthCam’s new hybrid construction camera. The GigapixelCam X1 is an autonomous construction camera that broadcasts live video to ultra-high resolution imagery. Learn more about the GigapixelCam X1 and its features here.
Last week, Trimble’s Mixed Reality Program announced their SiteVision prototype that has the ability to solve the problem of outdoor positioning for augmented reality. SiteVision would use GNSS to locate mobile devices outdoors within a few centimeters. Watch the video below to learn more about SiteVision!
Hangar Technologies, the world’s first robotics-as-a-service data acquisition platform, introduces their JobSite for Enterprise Software. Hangar’s JobSite product is an aerial data solution for construction that provides scalable deployment, FAA compliant operations, secure cloud processing, and is accessible across teams.
[INTERVIEW] Joshua Gloede, Accounting Partner at Accodex, Discusses Integrating Accounting, Finance and Tech in the AEC Industry
In the second half of the podcast, Joshua Gloede, Accounting Partner at Accodex, joined the ConTechTrio to discuss accounting, finance and tech in the AEC industry. Joshua was born and raised in a remote town in Australia called Alice Springs. Joshua graduated from Flinders University with a bachelor degree in Accounting and Finance.
In the interview, Joshua explains unique qualities and challenges the construction industry faces when it comes to accounting and finances. Joshua and the ConTechTrio discuss how to gather reliable financial data with Xero accounting software, defining business intelligence and how it differs from reporting, as well as, how the trade business will change in the future due to technology.