Wrench Solutions Market Research Report

Company Overview

• Name: Wrench Solutions

• Mission: Digitizing the construction management lifecycle one process at a time.

• Founder & Foundation: No information is available.

• Key People: K.V. Daniel, CEO.

• Headquarters: 29/1, Magrath Road, Ashok Nagar, Bangalore – 560025.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Developing software for digital project management, especially focusing on engineering and construction project management solutions through their flagship product, Wrench SmartProject.

Products

Wrench SmartProject

1. Wrench AI Advisor (WAA)

• Description: An AI-enhanced project control software.

• Key Features:

• Provides comprehensive coverage throughout the EPC project lifecycle.

• Analyzes past project data, external factors, and current trends to provide actionable recommendations.

2. Digital PMO and EDMS Platform

• Description: A digital Project Management Office system and Electronic Document Management System.

• Key Features:

• Real-time monitoring of project health parameters.

• Collaboration platform managing all BIM/3D models, drawings, and documents.

• Modular implementation starting at $30 per user per month.

Other Offerings

• EDMS/CDE

• BIM Management

• Schedule & Progress Management

• Cost Management

• Procurement Management

• Construction Management

• Resource Management

• Quality Management

• Safety Management

• Risk Management

• Snagging and Project Closure

Key Features of Products

• Integration with Multiple Platforms:

• Integrates with AutoCAD, Revit, MS Project, SharePoint, SAP/R3, and more.

• Supports digital signatures via DocuSign.

• Project Control System:

• Real-time analytics for EPC deliverables.

• Early warning system for proactive risk and issue management.

Recent Developments

• New Product Features:

• Introduction of Smart Scheduler with Gantt Chart Integration for task visualization and management.

• Enhanced defect and non-conformance reporting for on-site inspections.

• New Partnerships and Wins:

• Adoption of Wrench SmartProject EDMS by various major international companies such as Tata Chemicals, Druk Green Power Corporation, and Al Hashimiah Establishment for Trading & Contracting.

• Recognition:

• Winner of the Confederation of Indian Industry (CII) Innovation Award in the SME Services category.

• Major Deployments:

• Deployment of Wrench SmartProject as a corporate EDMS platform by industries across sectors like utilities, construction, and renewables in regions like APAC, the Middle East, and the United States.

Conclusion

Wrench Solutions is at the forefront of the digital transformation in the engineering and construction sectors. Through its flagship suite, Wrench SmartProject, the company is setting new standards in project management, ensuring enhanced productivity, reduced project delays, and improved profitability for its clients. Wrench continues to expand its market presence through strategic partnerships and innovative product features.