BOSTON, April 16,
2024 /PRNewswire/ -- Ediphi, the most comprehensive
cloud-based estimating solution on the market, today announced an
initial agreement with DPR Construction. Through the
agreement, DPR's preconstruction teams will have access to
Ediphi's full suite of estimating tools and software for a
comprehensive examination of how to scale Ediphi.
With offices throughout the United
States as well as in Europe
and Asia, DPR Construction is one
of the largest contractors in the United
States and operates across five core markets: Advanced
Technology, Commercial, Healthcare, Higher Education, and Life
Sciences. The initial implementation will attempt to move members
of DPR's preconstruction teams from legacy desktop-based estimating
software into the cloud.
"After extensive evaluation, including over three years of
research and pilot programs among leading estimating tools, Ediphi
stands out for its robust, cloud-based approach to the
preconstruction life cycle," said Alan
Watt, a preconstruction technology leader at DPR
Construction. "We hope to prove out Ediphi is the best solution to
streamline our workflows for better efficiency, aggregate and
improve the quality of our data, and reduce our reliance on custom
in-house tools and disconnected applications."
Traditionally, business development executives, estimators, and
project management & operations personnel operate in different
apps despite the fact their work is highly dependent on each other
and requires collaboration. Ediphi solves this by bringing everyone
into one application, increasing collaboration and driving
efficiency which directly affects costs and downstream project
success.
On a typical construction project, additional tools are required
to manage procurement, bid leveling, cost modeling, benchmarking,
document creation, and line item price history. Also, getting
consistent data out of the system is difficult, with many
disconnected applications and the inability to track down the
correct files that contain data, without a way to easily aggregate
the information.
Ediphi consolidates all these workflows in one tool for the
entire preconstruction lifecycle, simplifying reporting and
improving data accessibility. By bringing stakeholders together
with multi-user collaboration, they can lead a more concerted
effort that simplifies and accelerates preconstruction.
"At Ediphi, we aren't just trying to move estimating to the
cloud. We're trying to support contractors from the first time they
speak with customers about costs to finalizing their GMP and
procurement in one application," said Dustin DeVan, CEO of Ediphi. "There's a
significant amount of communication that happens between having an
idea and breaking ground — but those communications and workflows
are offline, in Excel, or trapped in someone's inbox. This
partnership with DPR Construction is a strong validation that our
solution can solve these chronic hurdles."
In March, Ediphi announced a $12
million Series A funding round, led by Norwest Venture
Partners. That investment came shortly after last November's
$6.5 million Seed round from Suffolk
Technologies.
To learn more about Ediphi, visit ediphi.com.
About Ediphi
Ediphi is the most comprehensive
cloud-based estimating software on the market. Contractors use our
platform to streamline preconstruction and empower better decision
making, ensuring they consistently guide clients to the right
target value design. At the core, we've made it drastically more
efficient to provide conceptual and cost estimates quickly—and even
easier for you to work through design iterations and value
engineering. Ediphi leverages cloud infrastructure to ensure data
accessibility across your workflows—from estimating to procurement
and risk management, allowing Contractors to reduce non-recoverable
preconstruction costs and decrease the time it takes to move from
ideation to breaking ground, all while better serving their end
customers. To learn more, visit our website:
www.ediphi.com
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SOURCE Ediphi