Construction and Property Tech Glossary

1. 3D Printing: Additive manufacturing for building structures.

2. AR (Augmented Reality): Overlapping digital information onto the real world.

3. Asset Management Software: Tracking and maintaining construction equipment and assets.

4. BIM (Building Information Modeling): A digital representation of a building's physical and functional characteristics.

5. Building Automation Systems: Integrated systems for controlling building functions.

6. CAD (Computer-Aided Design): Software for creating 2D and 3D construction drawings.

7. Change Management: Strategies to guide and support individuals and teams through software adoption.

8. CIM (Construction Information Management): The organization and management of construction data.

9. Cloud Computing: Storing and accessing data and software over the internet.

10. Construction Business Intelligence: Extracting insights from construction data for informed decisions.

11. Construction Management Software: Tools for project planning, budgeting, and collaboration.

12. Construction Safety Technology: Tools for monitoring and enhancing job site safety.

13. Contech (Construction Technology): Technology solutions for construction.

14. Cost Control Software: Monitoring and managing project expenses.

15. Customization: Adapting software to specific needs through configurations or code changes.

16. Data Migration: Transferring data from one system to another during implementation.

17. Digital Signatures: Electronic authentication of documents and contracts.

18. Digital Twins: Real-time digital replicas of physical assets or sites.

19. Document Management Software: Organizing and sharing project documents.

20. Drones in Construction: Utilizing drones for site surveys and data collection.

21. Environmental Impact Assessment Tools: Analyzing construction's environmental effects.

22. ERP (Enterprise Resource Planning): Managing all aspects of construction businesses.

23. Estimating Software: Accurate cost estimation and bid preparation.

24. Facility Management Software: Tools for maintaining and operating built environments.

25. Field Data Collection: Gathering information directly from construction sites.

26. Geofencing: Setting virtual perimeters to control access or track movement.

27. Geographic Information System (GIS): Technology for mapping and analyzing geospatial data.

28. Geolocation Tracking: Determining the location of construction assets or personnel.

29. Geospatial Data: Information linked to geographic locations for site analysis.

30. Go-Live: The point at which new software is officially launched for regular use.

31. Implementation: The process of introducing and using new software or technology.

32. Integration: Combining different software or systems to work together seamlessly.

33. Internet of Things (IoT): Network of interconnected devices and sensors in construction.

34. Lease Administration Software: Managing commercial leases and tenant agreements.

35. Mobile Apps: Applications designed for use on smartphones and tablets.

36. Mobile Document Access: Viewing project documents on mobile devices.

37. Pilot Testing: A limited-scale test of software in a real-world environment.

38. Predictive Analytics: Using data and algorithms to forecast construction outcomes.

39. Property Management Software: Managing rental properties, leases, and maintenance.

40. Property Portfolio Management Software: Monitoring and optimizing large property portfolios.

41. Property Tax Assessment Software: Assessing and managing property tax liabilities.

42. Property Valuation Models: Mathematical models for property value estimation.

43. Proptech (Property Technology): Technology solutions for real estate and property management.

44. Real Estate Analytics: Data-driven market analysis and investment decision-making.

45. Real Estate Appraisal Software: Determining property values for buying and selling.

46. Real Estate Crowdfunding Platforms: Online platforms for multiple investors to fund projects.

47. Real Estate CRM (Customer Relationship Management): Managing client relationships and property listings.

48. Real Estate Investment Software: Evaluating real estate investment opportunities.

49. Real Estate Marketing Tools: Creating property listings, virtual tours, and advertising materials.

50. Real Estate Transaction Management: Streamlining and tracking real estate sales.

51. Remote Collaboration: Working together on construction projects from different locations.

52. Remote Equipment Monitoring: Tracking equipment performance from afar.

53. Robotics in Construction: Using robots for tasks like bricklaying and excavation.

54. SaaS (Software as a Service): Cloud-based software provided on a subscription basis.

55. Safety Management Software: Tracking and improving construction site safety.

56. Scalability: The ability of software to grow and adapt as needs change.

57. Smart Home Technology: IoT devices for residential property automation.

58. Subcontractor Management: Managing relationships with subcontractors.

59. Supply Chain Management: Managing the flow of materials and resources.

60. Tenant Screening Tools: Evaluating tenant credit and rental history.

61. Training and Onboarding: Teaching users how to use new software effectively.

62. User Adoption: The degree to which users embrace and effectively use new software.

63. VR (Virtual Reality): Computer-generated 3D simulations for design reviews.

64. Vendor Support: Assistance provided by software vendors during and after implementation.