Matterport And Procore Technologies Deepen Digital Twin Integration To Streamline Design And Construction Processes
Portfolio Pulse from Benzinga Newsdesk
Matterport, Inc. (NASDAQ:MTTR) has announced an expanded collaboration with Procore Technologies Inc. (NYSE:PCOR), a global provider of construction management software. The collaboration will enhance Matterport's platform ecosystem support for design and construction management software services. Procore users can now use features such as RFI's, Observations, and Coordination Issues directly within Matterport's 3D digital twins, creating a visual system-of-record for site conditions. The integration aims to improve project tracking, quality control, and efficiency in closeout processes.
September 19, 2023 | 1:05 pm
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Matterport's expanded collaboration with Procore Technologies could enhance its platform's capabilities and attract more users, potentially boosting its stock.
The collaboration with Procore Technologies could enhance Matterport's platform's capabilities, making it more attractive to potential users. This could lead to increased usage and revenue, potentially boosting its stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Procore's expanded collaboration with Matterport could enhance its software's capabilities and attract more users, potentially boosting its stock.
The collaboration with Matterport could enhance Procore's software's capabilities, making it more attractive to potential users. This could lead to increased usage and revenue, potentially boosting its stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100