Company Research Report: Veyor Digital



Company Overview



  • Name: Veyor Digital

  • Mission: To eliminate productivity stagnation in the construction industry by providing efficient, real-time logistics and scheduling solutions.

  • Founded: Veyor was conceptualized by co-founder Richard Fifita after observing inefficiencies in worksite logistics. The company's successful maiden run was on one of Sydney's tallest skyscraper projects in 2018.

  • Key People: Richard Fifita (Co-founder)

  • Headquarters: No information is available

  • Number of Employees: No information is available

  • Revenue: No information is available

  • Known For: Veyor is known for its delivery management software that helps increase efficiency by streamlining operations, improving productivity, reducing clashes, and enhancing communication in dynamic working environments.


Products



Main Product: Veyor Delivery Management Software



  • Description: Veyor offers a collaborative scheduling platform that streamlines operations, improves worksite logistics, and connects dispersed teams. The software is designed to replace traditional scheduling methods like whiteboards and emails.


Key Features:


1. Customizable Interface: Users can tailor processes, procedures, forms, and user privileges to suit their specific needs.
2. User-Friendly Design: Intuitive design that requires no extensive training for navigation.
3. Fast Implementation: Supported by an in-house team for quick onboarding and benefits realization.
4. Scheduling Deliveries and Material Handling: Offers a real-time live schedule for supply chain visibility.
5. Work Area Scheduling: Efficient management of allocation requests and approvals.
6. Driver Tracking: Provides real-time delivery tracking.
7. Driver Compliance: Automates compliance procedures for safe arrivals.
8. Loading Dock Management: Centralized platform for efficient coordination.

Recent Developments



  • New Products: No information is available

  • New Features: Recent introduction of the Veyor Data API, allowing users to gather logistics information for easy visualization and analysis.

  • New Partnerships:

  • Partnership with Procore to enhance communication and reduce manual data entry by integrating Veyor logistics data into Procore’s platform.

  • Integration with Quicksight for improved real-time data insights and visualization.

  • Partnerships with Boral and Infrabuild to improve supply chain visibility by tracking real-time GPS locations and automating Chain of Responsibility requirements.

  • Collaboration with Navman to enhance delivery tracking and supplier communication.


Achievements



  • Awards:

  • Named among the TOP50 ConTech Startups.

  • Awarded Best Innovation Company in the APAC region at BUILTWORLD.

  • Winner of Catapult's Advanced Construction Accelerator.

  • Achieved SOC 2 Type 1 Certification for high security standards.


Industry Impact



Veyor has made significant contributions to various industries, including Construction, Facilities Management, Distribution, and Events Management. With its efficient logistics solutions, Veyor has gained recognition for improving communication, reducing disputes, and increasing overall productivity in worksite environments.

Testimonials


  • Dave Gahan, Structures Foreman, Lendlease: Praised Veyor for its user-friendly interface.

  • Mark Robinson, Site Manager, ADCO Constructions: Cited reduced phone calls and clashes, thereby increasing efficiency.

  • Marcus Clarence, Operations Manager, Westfield: Highlighted exceptional support and training during system migration.


Future Prospects



Veyor is actively expanding into the UK and US markets and aims to double its Australian workforce. This growth strategy is anticipated to further enhance its global footprint in the construction logistics management sector.

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(Note: All information provided in this report is based on the available data. Any missing details indicate that no specific information was available in the data provided.)