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Procore Launches Procore AI with New Agents to Boost Construction Management Efficiency

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Procore Technologies (NYSE: PCOR) announced the launch of Procore AI solutions at Groundbreak 2024, featuring new AI-powered Agents designed to enhance construction management efficiency. The platform includes three key components: Procore Agents (available next year), Insights (launching early 2025), and Copilot (now globally available). These tools aim to automate routine tasks, improve decision-making, and streamline workflows in construction project management. Agent Studio, launching in 2025, will allow users to customize AI agents without coding, while Insights will help users better understand project risks across various workflows.

Procore Technologies (NYSE: PCOR) ha annunciato il lancio delle soluzioni Procore AI durante Groundbreak 2024, presentando nuovi Agenti potenziati dall'AI progettati per migliorare l'efficienza nella gestione delle costruzioni. La piattaforma comprende tre componenti chiave: Procore Agents (disponibili il prossimo anno), Insights (in lancio all'inizio del 2025) e Copilot (disponibile ora a livello globale). Questi strumenti mirano ad automatizzare compiti di routine, migliorare il processo decisionale e ottimizzare i flussi di lavoro nella gestione dei progetti di costruzione. Agent Studio, in arrivo nel 2025, permetterà agli utenti di personalizzare gli agenti AI senza bisogno di programmare, mentre Insights aiuterà gli utenti a comprendere meglio i rischi del progetto attraverso vari flussi di lavoro.

Procore Technologies (NYSE: PCOR) anunció el lanzamiento de soluciones Procore AI en Groundbreak 2024, presentando nuevos Agentes impulsados por AI diseñados para mejorar la eficiencia en la gestión de la construcción. La plataforma incluye tres componentes clave: Procore Agents (disponibles el próximo año), Insights (lanzamiento anticipado para 2025) y Copilot (disponible ahora a nivel global). Estas herramientas están destinadas a automatizar tareas rutinarias, mejorar la toma de decisiones y optimizar los flujos de trabajo en la gestión de proyectos de construcción. Agent Studio, que se lanzará en 2025, permitirá a los usuarios personalizar agentes de AI sin necesidad de codificación, mientras que Insights ayudará a los usuarios a comprender mejor los riesgos del proyecto a lo largo de varios flujos de trabajo.

Procore Technologies (NYSE: PCOR)는 Groundbreak 2024에서 Procore AI 솔루션의 출시를 발표하며, 건설 관리 효율성을 높이기 위해 설계된 새로운 AI 기반 에이전트를 소개했습니다. 이 플랫폼에는 세 가지 주요 구성 요소가 포함됩니다: Procore Agents (내년 출시), Insights (2025년 초 출시 예정), Copilot (현재 전 세계적으로 사용 가능). 이 도구는 일상적인 작업을 자동화하고, 의사 결정을 개선하며, 건설 프로젝트 관리에서 워크플로를 간소화하는 것을 목표로 합니다. 2025년에 출시될 Agent Studio는 사용자가 코딩 없이 AI 에이전트를 사용자 정의할 수 있도록 하며, Insights는 다양한 워크플로에서 프로젝트 위험을 더 잘 이해하는 데 도움을 줄 것입니다.

Procore Technologies (NYSE: PCOR) a annoncé le lancement des solutions Procore AI lors de Groundbreak 2024, avec de nouveaux Agents alimentés par l'IA conçus pour améliorer l'efficacité de la gestion de la construction. La plateforme comprend trois composants clés : Procore Agents (disponibles l'année prochaine), Insights (lancement prévu début 2025) et Copilot (déjà disponible à l'échelle mondiale). Ces outils visent à automatiser les tâches routinières, à améliorer la prise de décision et à optimiser les flux de travail dans la gestion de projets de construction. Agent Studio, qui sera lancé en 2025, permettra aux utilisateurs de personnaliser les agents IA sans coder, tandis qu'Insights aidera les utilisateurs à mieux comprendre les risques liés aux projets à travers divers flux de travail.

Procore Technologies (NYSE: PCOR) hat auf der Groundbreak 2024 die Einführung der Procore AI Lösungen angekündigt, mit neuen KI-gesteuerten Agenten, die darauf abzielen, die Effizienz im Bau Management zu verbessern. Die Plattform umfasst drei Hauptkomponenten: Procore Agents (im nächsten Jahr verfügbar), Insights (frühestens 2025 erhältlich) und Copilot (jetzt global verfügbar). Diese Tools sollen Routineaufgaben automatisieren, die Entscheidungsfindung verbessern und die Workflows im Projektmanagement im Bauwesen optimieren. Agent Studio, das 2025 eingeführt wird, ermöglicht es den Nutzern, KI-Agenten ohne Programmierung anzupassen, während Insights den Nutzern helfen wird, Projekt Risiken über verschiedene Workflows hinweg besser zu verstehen.

Positive
  • Launch of comprehensive AI platform to improve operational efficiency
  • Global availability of Procore Copilot for immediate productivity enhancement
  • Development of customizable AI solutions through Agent Studio
Negative
  • Key features Procore Agents and Insights not available until 2025
  • Significant time gap between announcement and actual product deployment

Insights

The launch of Procore AI represents a significant technological advancement in construction management software, but its immediate financial impact remains uncertain. The platform introduces three key components: AI Agents for workflow automation, Insights for risk management and Copilot for information retrieval.

The most promising feature, Agents and Agent Studio, won't be available until 2024 and 2025 respectively, while Insights is slated for early 2025. Only Copilot is currently available globally. The delayed rollout suggests minimal short-term revenue impact, though the comprehensive AI suite could strengthen Procore's market position in the $2.2 trillion construction industry long-term.

The platform's ability to automate routine tasks and provide predictive insights could reduce operational costs for clients, potentially improving customer retention and attracting new users. However, competition in construction tech is intensifying, with other players also incorporating AI capabilities.

DENVER--(BUSINESS WIRE)-- Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today at Groundbreak 2024 announced the launch of its Procore AI solutions. This includes its new AI-powered Agents, artificial intelligence platform capabilities designed to enhance project efficiency, improve decision-making, and enable smarter, faster, and more seamless workflows.

Procore launches Procore AI (Graphic: Business Wire)

Procore launches Procore AI (Graphic: Business Wire)

Procore AI, built on Procore’s unified, intelligent platform, is powered by Procore Agents, Insights, and Copilot. With Procore AI, customers can transform how teams collaborate, forecast, and execute projects. This will pave the way for a future where predictive insights and automated actions enhance efficiency and drive success in every project.

“Procore AI delivers the most comprehensive set of AI capabilities in construction today, unlocking new ways for construction to build together,” said Steve Davis, president of product and technology, Procore. “These AI-driven tools are designed to improve efficiency and empower construction teams with the insights they need to make informed decisions. By automating routine tasks and streamlining workflows, we are paving the way for a smarter and more connected future.”

Procore Agents and Agent Studio Delivers Automated, Proactive Workflows

Available next year, Agents leverage AI to automate routine tasks, reduce manual workloads, and provide insights that allow construction professionals to focus on higher-value work. Across Procore’s platform, Agents will streamline complex processes like managing RFIs, scheduling, and submittals, which helps automate routine tasks and reduces administrative overhead. These new capabilities will support users and workflows across the full project lifecycle.

Agent Studio, coming in 2025, will allow users to customize Agents to meet their unique project requirements without any coding. This tool empowers contractors and owners to tailor AI-driven answers and automations for their business, unlocking a new era of efficiency where manual processes are replaced by trusted, customizable AI agents.

Procore Insights Helps Mitigate Project Risk to Improve Project Outcomes

Announced today, Insights is an AI-driven solution that helps users better understand project risk across their most-used workflows, including submittals, RFIs, and daily logs. Powered by Procore’s comprehensive construction dataset, Insights enables users to benchmark performance, predict potential challenges, and receive recommended actions to mitigate risks, which ultimately enables more informed decisions to help improve project outcomes. Insights will be generally available in early 2025.

Procore Announces Procore Copilot is Available Globally

Procore Copilot enables users to quickly retrieve information with instant access to key documents, summarize complex documents, and provide data-driven insights — saving time and improving productivity on jobsites.

"Procore Copilot has saved our team time and cut down time searching for information buried in project documents,” said Mike Trenski, director of construction at AMLI. “As development continues, I believe Copilot will be a huge value-add for our teams."

For more information about Procore’s latest product innovations, visit here.

About Procore

Procore Technologies, Inc. (NYSE: PCOR) creates software for people who build the world. With a focus on providing timely and accurate data for all, Procore transforms the construction industry one project at a time — from hospitals and skyscrapers to airports and stadiums. Beyond its connected, innovative technology, Procore empowers the industry and its communities through Procore.org. For more information, visit www.procore.com.

Media Contact

Raelle Alfaro

press@procore.com

Investor Contact

Alexandra Geller

IR@procore.com

Source: Procore Technologies, Inc.

FAQ

When will Procore AI Agents be available for PCOR customers?

Procore AI Agents will be available next year, with Agent Studio launching in 2025.

What are the three main components of Procore AI platform?

The three main components are Procore Agents, Insights, and Copilot.

When will Procore Insights be generally available?

Procore Insights will be generally available in early 2025.

What features does Procore Copilot offer?

Procore Copilot offers quick information retrieval, document summarization, and data-driven insights to improve productivity on jobsites.

Procore Technologies, Inc.

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