As the Chief Technology Officer at JRM Construction Management, Alex Zeines comes with an exceptional knowledge of handling disparate data systems while focusing greatly on strategic planning, developing, and building systems that can enhance enterprise operations. Aiming to bridge the gap between technology and people, Zeines identifies several technological trends and helps clients adopt those in order to increase revenue and reduce cost and risk. He also designs and implements several integrated web-based systems while performing process re-engineering to bring about process automation for construction companies.
In conversation with Construction Tech Review, Zeines mentions that the last 6 to 12 months have seen a growing importance of risk management within the construction space, especially owing to the current pandemic situation. He states that even though the construction industry has always been viewed as a late-adopter of technology, the pandemic has compelled several construction companies to adopt and adapt newer virtual solutions within a short time. Even though these are web-based, user-friendly, flexible, and configurable, construction companies often struggle to select the best point solutions for their organizations. He further mentions how it has become imperative for construction firms to evaluate the supply chain around their subcontractor management and liquidity while supporting the construction activities, deployment, and workforce management at the job sites.
"The use of AI and ML, especially in the backoffice operations, will be one of the significant disruptions in the construction space as it will help streamline and automate all the processes."
What are some of the challenges faced by most construction companies today?
Risk management and proper monitoring of the subcontractor supply chain has always been the most overwhelming concerns among construction companies. Most organizations also struggle with financial reviews within the supply chain. Unlike other industry verticals that have leveraged several software solutions to evaluate the financial nitty-gritty of their operations, construction companies are yet to adopt newer methods to ensure their clients’ financial stability. Especially in the current situation, it has become extremely important to ensure that an individual or a business is not bankrupt or having any cash-flow issues or insurance problems. We help evaluate all those clients and make sure they have appropriate coverages to sustain their businesses in an ongoing manner. For this purpose, we are currently working on our proprietary contractor management lifecycle program to help manage the workforce and maintain relationships with subcontractors at all times.