Contruction Today - July/August 2017 - 36
Technology | REDTEAM SOFTWARE
A Winning Team
REDTEAM SOFTWARE IS DESIGNED TO IMPROVE THE WAY CONTRACTORS DO BUSINESS. BY JIM HARRIS
RedTeam software allows
project members to collaborate
in real time.
s U.S. construction spending
reaches its highest level in 10
years, contractors are investing
in technology to boost labor productivity and scale up to meet increasing demand. Business has been good for RedTeam
Software, an Orlando, Fla.-based provider of
cloud project management and construction
accounting software for commercial builders.
RedTeam Software helps contractors run
their commercial construction businesses on a unified platform that includes
business development, bid solicitation,
cost estimating, contracting, scheduling,
project management, jobsite management,
document control and accounting.
"There are three things contractors
absolutely have to get right to succeed in
this industry," CEO and co-founder Michael
Wright says. "First, they have to know how
CONSTRUCTION-TODAY.COM JULY/AUGUST 2017
RedTeam So ware
* Headquarters: Orlando, Fla.
* Employees: 41
"RedTeam is a complete olution
at olves everyday issues for
contractors, calable for what
ey need ight now and fully
capable of upporting whatever
ey dare to achieve."
- Fred Gui on, chief evenue officer
to build; second, they have to closely manage their contracts, and lastly, they have to
control the money. RedTeam helps with two
out of three."
Wright, a 21-year construction industry
veteran, started building software for his
own commercial construction business in
the late 1990s. "We simply could not find
a solution we liked that truly helped us
do what contractors do each day, " he says.
Although Wright and his business partners
initially intended to use their software for
their own company, the benefits quickly
exceeded their expectations.
RedTeam Software was launched as
a new business in late 2006. Although
RedTeam scored early success in the
market, the Great Recession was especially
devastating for the construction industry.
Nevertheless, RedTeam stayed the course
and focused on product development
while supporting a modest portfolio of
clients through the downturn.
RedTeam's origins distinguish it from
many similar software packages that are
available today. "We're commercial contrac-