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Desmond Insurance Blog

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Technology Roadmap: Reasons Why Specialty Contractors Need One

7/18/2019

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Picture
​Many specialty contractors in the past decade saw many changes in how they build buildings and how they do business. Many experts recommend to clients to create and follow a technology roadmap in instigating technology into their business. Here are some reasons why:
​Security
Some construction software users today pay little attention to safety. Trade contractors give little thought on putting their project data into systems and on who owns the data and how they can run into problems during construction or after the work is complete. Risk reduction is a significant reason to consider why there is a need to implement the technology. 

Apps
Almost every side of managing a project has an app that you can use. Some applications can help you in getting to the worksite, keeping you safe, issue management on the job site. The same with anything, some apps are useful, and some are not. If you are not planning, you might be spending a lot for the subscription costs of the added apps that you are using.
 
Also, to avoid security vulnerabilities, applications must be regularly patched and updated. To evade any critical mistakes, it’ll help if you document the schedules and what you expect related to the updates and critical patches as well as hardware and software upgrade schedules. 

Budget
There is an excellent technology available however they don’t come for free, and there are financial costs to this that many subcontractors continue to bear because they are not including those costs accurately when bidding for a project. A general contractor may use BIM as a tool for selling to secure a contractor, but the prices usually passed down to the trade contractors. Better think and analyze the technology offered to you before investing. 

Conclusion
Roadmap technology can help you in planning for the efficient integration of your business.  Aside from this, it’ll help if you think about buying an insurance plan for the safety of your company. Trade and contraction can be risky and getting insurance can help put you at ease. Technology can help you as long as you take the necessary measure to keep your data safe.
 
At Desmond Insurance, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (859) 491-5100. You can also request for a free quote by CLICKING HERE.
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