Recently, I spoke with a leading Construction Data company. Here’s what we learned:
Key Takeaways:
The Need for Comprehensive Construction Data in Non-Residential Projects: This firm tracks construction projects extensively, offering an impressive historic dataset on office and manufacturing projects.
Challenges in Aggregating and Customizing Construction Data: They aggregate data daily and offer custom engagements for general contractors and the supply chain.
Importance of Industry-Specific Insights: Their core focus is on non-residential construction spend, providing essential data to funds and analyzing construction activities of major brands.
Investment Themes: Market Sizing and Event-Driven Construction Insights:
Tracking Construction Projects and Brand-Specific Activities: detailed, daily updates on construction projects.
Market Sizing and Event-Driven Data: valuable insights for private equity.
Brand Construction Activities: trends of major construction brands for new insights.
Solutions for Industry-Specific Insights and Custom Engagements:
Industry-Specific Insights: AltHub offers detailed analysis of non-residential construction spend and brand-specific construction activities, paving the way for valuable macro-level insights to data buyers such as institutional investors.
TAKEAWAY: Construction data providers face significant challenges in aggregating comprehensive datasets and offering custom solutions. AltHub supports detailed data collection, custom engagements, and industry-specific insights to drive growth and meet diverse client needs.