#22 - Andy Verone, Chief Strategy Officer at Contruent
Slice of Construction Team
07/28/2024
Join us in this exciting episode of the Slice of Construction podcast, hosted by Jared S. Taylor! Our Guest: Andy Verone, Chief Strategy Officer at Contruent.
What you’ll get out of this episode:
- Andy Verone's motivation rooted in iconic projects and family influence.
- Transition from industry to technology in construction.
- Key advancements in field progress tracking and safety.
- Importance of connected teams and real-time data.
- Advice for adapting to future construction trends.
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Introduction
In this episode of the Slice of Construction podcast, host Jared Taylor engages in an insightful conversation with AndyVerone, Chief Strategy Officer at Contruent. With over 40 years of experience in the construction industry, Andy shares his journey, motivations, and pivotal moments that shaped his approach to innovation in the AEC (Architecture, Engineering, and Construction) sector.
A Legacy of Iconic Projects
From an early age, Andy was inspired by the stories of iconic projects his father and grandfather worked on in Pittsburgh, Pennsylvania. This early exposure fueled his passion for the construction industry. Andy’s career has been defined by a commitment to integrating technology with construction, enhancing project outcomes and making a significant impact on the built environment.
Transitioning from Industry to Technology
Andy spent 25 years in the construction industry before moving to the technology side. At Oracle, he contributed to the growth of Oracle's construction and engineering business globally. His role in establishing Oracle Innovation Labs in Chicago, the UK, and Sydney showcased his dedication to driving innovation in the field. Joining Contruent, a company with 26 years of expertise, Andy aims to leverage his extensive experience to foster growth and improve processes.
Integrating Technology into Construction
Andy highlights Contruent's focus on cost management, change management, and providing executives with critical data for decision-making. By integrating cost and schedule management, Contruent delivers comprehensive insights into major capital programs. Andy emphasizes the importance of field progress tracking and real-time data to enhance project outcomes and ensure safety.
Technological Advancements and Future Trends
The construction industry has seen significant advancements in field progress tracking and safety measures over the past few years. Looking ahead, Andy envisions a more connected construction ecosystem where teams from the field to the executive level are seamlessly integrated. This connectivity will lead to improved project visibility, real-time information, and ultimately, more successful projects.
Advice for Construction Companies and Young Professionals
Andy advises construction companies to thoroughly understand their business processes and outcomes before adopting new technologies. He emphasizes the importance of leveraging historical data to learn from past projects and improve future outcomes. For young professionals, Andy encourages challenging traditional methods and embracing innovative tools to drive progress in the industry.
Overcoming Challenges and Driving Growth at Contruent
Data management is a critical challenge in the construction industry. Andy stresses the importance of utilizing historical data to learn and improve. At Contruent, the transition from on-premises to SaaS (Software as a Service) solutions has been a significant milestone. With a 35% year-over-year growth rate, Contruent is poised for continued expansion and innovation in lifecycle cost management.
Conclusion
Andy Verone's insights provide a compelling look into the future of construction technology. His dedication to integrating technology with construction processes and his vision for a connected industry highlight the transformative potential of innovation. As Contruent continues to grow and evolve, Andy’s leadership and expertise will undoubtedly drive the company towards new heights.
