Network Business Insights
The Blue Book Network’s Big Data Creates Colossal Opportunities
Data analysis employs disciplines that can make your head spin—like mathematics, statistics, market analysis and decision-making support systems. That’s why The Blue Book Network® developed a family of data analysis tools to simplify the business of running your business. Whether you are a manufacturer, supplier, general contractor, specialty contractor or engineer, unlocking the power of data can reduce uncertainty and allow you to make better decisions to help you build your business.
The Intelligence & Analytics division at The Blue Book Network has developed tools to apply data patterns to statistics, giving you a competitive advantage in your market. Combining The Blue Book Network’s extensive index of project plans and specifications with our huge database of contractor and sub-trade bidding information offers you the most complete and unique dataset available.
Data analytics is about starting with what you instinctively know and then digging deeper into information that can help identify more complicated, and often hidden, combinations of factors to provide insight into what influences your business. Since The Blue Book Network captures over 200,000 new projects each year, many containing full plans and specifications, our database can provide critically important insights to help you find projects, bid better, build relationships and bring potential clients right to your virtual door.
Here are examples of ways we help construction professionals every single day.
Specific Solutions for Specialty Subs
The Blue Book Network offers BidScopePlus with SpecAlerts® to take the challenge out of digging through mountains of data. Most subcontractors are specialists. They do one service or a set of services very well. To find a construction project that is ideal for you can be time consuming and frustrating. For example, if you specialize in metal roofing installation, you don’t want to wade through all the bids for roofing jobs. You just need what’s in your wheelhouse. To find the right opportunities, the plans and specifications come into play. The Blue Book Network’s powerful analytics platform can search through all its data to connect you with professionals who specify metal roofing in your area, plus let you know who has requested metal roofing bids and what projects are upcoming. We then deliver that useful data to you every morning via SpecAlert. An example is shown at right.
Matchmaking Suppliers with Folks who Need Them
When it comes to getting the products you supply sold into projects, making the right connection is crucial to your success. SupplyScope from The Blue Book Network’s Intelligence & Analytics team can do that for you. Suppose you’re selling metal building supplies, such as batten clips, fixed clips and single- and double-lock clips for standing seam roof panels. You want to know what companies are out there that could benefit from your specific products. The Blue Book Network’s target class data and query engine pinpoints the contacts for the trades for which you supply products. Organizing and analyzing this detailed dataset, SupplyScope employs business intelligence systems to provide a visual and easy-to-use interactive tool to show you the locations of the appropriate firms and the projects they are bidding. Never before has it been possible to so easily find the sub-trades and contacts you need within your service area and those of your field representatives. SupplyScope helps you find the most active players to connect with, even as subcontractors enter and exit the industry. An example is shown at right for roofing contractors in eastern Pennsylvania.
SpecScope for Manufacturers and Suppliers … It Just Keeps Getting Better
In 2017, The Blue Book Network launched SpecScope®, the most extensive dataset of searchable plans and specifications in the industry. Built on a platform leveraging state-of-the-art querying and contextual text searching, and delivered in a highly visual and interactive business intelligence (BI) application, SpecScope helps you visualize and analyze the specification marketplace for your products and services. You can even view, track and manage your specification rates relative to the market and your competitors. This allows you to identify factors influencing the specification of brands, products and even model numbers. Now in 2018, with the launch of BidScopePlus, The Blue Book Network’s Intelligence & Analytics product line adds a tactical offering with daily SpecAlerts, developed using the same search technology as SpecScope. Leveraging SpecScope and BidScopePlus together will allow building product manufacturers and suppliers to “see” the marketplace more strategically—and then target the best opportunities (companies and projects) for success! Our product line is under continuous improvement and just keeps getting better. Let us show you how.
Blue Book network intelligence & Analytics Drive Success
It’s been stated that “information is the oil of the 21st century, and analytics is the combustion engine.” The Blue Book Network’s Intelligence & Analytics team has the data and the tools to help you reduce uncertainty and gain the competitive advantage required to propel your business past the competition.