New Tech Player for Heavy-Highway
Between stimulus funds and special laws being passed, infrastructure and heavy-highway construction seem to garner a great deal of attention lately. So naturally this segment of construction requires some good, efficient information technology.
With the MAP-21 (Moving Ahead for Progress in the 21st Century) law, which reauthorizes federal-aid highway and highway safety construction programs, being put into law last week, this subject has once again been thrust into the spotlight. Project teams involved on such jobs will need to focus heavily on efficiently matching project status with resource funding, and find ways to accurately track things like labor, material, and assets, among others.
At the same time more and more contractors remain entrenched in an internal dilemma of whether to move to a new technology system or not. Enterprise systems continue to be a focal point of investment, and contractors are examining systems that can keep operations running smoothly and cost efficiently.
Those contractors involved in heavy construction have a new option to consider in Maestro Technologies, www.maestro.ca, Varennes, Quebec. The software company has been successfully serving the Canadian construction market for more than 20 years and has just recently set its sights on the heavy-highway construction market in the United States, setting up offices in Houston, Texas. In particular, the company is targeting its Heavy Works, www.heavy-works.com, product in the United States.
Given the breadth of the solution set being offered by Maestro Technologies, the suite could provide a formidable challenge to some of the products currently serving this segment of the market. The company's Heavy Works product is designed to address project-driven working environments, and includes modules for all pieces of the construction process, from initial bid through determining percent complete and payroll, and every stop in between.
The main focus of the system is designed around accounting and project management, with targeted applications for the heavy-highway construction industry. This includes document management, tools and equipment management, fleet management, billing, ticket, and much more.
From one common platform, each module within HeavyWorks captures data from various departments and operational groups in the organization and feeds it into a single database. From there, reporting can give a realtime snapshot of business performance. One of the keys emphasized by Maestro Technologies is the way in which its suite can continuously monitor a company's financials--including labor, material, and equipment costing data--in order to help departments track business performance against financial goals.
Overall, the heavy-highway market for construction could be ripe with opportunity once again, given all the focus from the government these days. Coming out of a recession, infrastructure tends to become a top investment, and a company like Maestro Technologies is banking on the notion contractors will be looking for a solid set of technology solutions to help manage new opportunities. This will be an interesting development to watch, seeing if Maestro Technologies can compete with some of the others in this segment of the market.