SmartCraft ASA

SmartCraft ASA (SMCRT) - Finnish construction industry: Digitalization boosts productivity and improves control

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1 July 2024: Digital tools are becoming increasingly integrated into the

construction industry's daily operations. The most common reasons for using

specialized software in the construction industry are to save time, increase

efficiency, and improve control. One third of companies plan to increase their

investments in digital tools. These are key findings in SmartCraft's Digimeter

Finland 2024 survey.

The report shows that even though a significant share of construction companies

has started using digital tools for various back-office work processes, there is

significant room for increased digitalization out in the field. This even

applies for processes such as customer management, offers handling,

calculations, time management, and project management.

"We know that efficient and tailored tools can improve profitability, control

and upsell opportunities for craftsmen out in the field. Therefore, it is

striking to see that such a vast number of tasks are being solved by general

tools like Excel or Word out in the field. The findings correspond well with our

formerly published reports from Sweden, confirming that best-of-breed software

will continue to play a vital role in improving the business and making life

easier for construction companies and their employees going forward," said CEO

of SmartCraft Gustav Line.

About the Digimeter

The Digimeter is an annual survey of the construction industry's digitization.

The Finland 2024 report is based on 626 survey responses among a random

selection of companies of varying sizes and areas within the construction

industry in Finland.

Visit www.smartcraft.com/digimeter to read the report on how the industry views

how digitization affects work and how they believe development will progress.

Contacts

Gustav Line, CEO, +47 952 67 104, [email protected]

About SmartCraft

SmartCraft is the leading Nordic provider of mission-critical SaaS solutions

to SMEs in the construction sector, increasing their productivity, margins,

and resource efficiency. The Group currently has more than 13 000 customers and

260 employees distributed across Norway, Sweden, Finland and UK. SmartCraft

was listed on the Oslo Stock Exchange in June 2021.

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