#springboard connect

FOR IMMEDIATE RELEASE:

LoadSpring to Be Featured on 21st Century Business Television series August 7, 2013

Click Here for Airing Schedule

Boca Raton, FL (TBD) --- Multi-Media Productions (USA), Inc. is pleased to announce that LoadSpring will be airing on 21st Century Business on CNBC (as paid programming.).

LoadSpring’s complete Project Management Solutions Platform helps their clients make easier, smarter business decisions and gives them the power to act on them. LoadSpring speeds up the decision-making process and moves customers towards organizational PM maturity by eliminating barriers like software selection, deployment, implementation, capital investment and internal support issues. Application hosting through their unique SpringBoard™ portal provides secure access to total software solutions—any time and anywhere.

SpringBoard – LoadSpring’s state-of-the-art web platform offers:

Deployment of enterprise-level software in days – not weeks

Provides a single portal for organizations complete PM suite of applications including: estimating, BIM, scheduling, and data sharing software

Enterprise-level security

Fast global application upgrades and version changes

Administration and executive reporting functionality

Support and service 24/7/365

Identity Management for effortless corporate-wide ID control

Disaster recovery options to meet all corporate standards

LoadSpring Academy for online easy to access and measure training

Implementation services with Best Practice configurations

Because LoadSpring deploys and implements complete solutions sooner than ever imagined, their clients see results (and cost savings) that much faster.

LoadSpring application hosting gives their client’s total software access and control – anytime and anywhere. With just a few keystrokes, companies share the most up-to-date reports and project data possible. It all resides on reliable, secure networks – not internal systems. The result?  Easier, more robust delivery of information, security, service and support.

JL Haber, Vice President of Programming at Multi Media Productions, added, “As the leader in their industry, LoadSpring is a natural fit for our show. We are excited to have them as a guest on our program.”

For more information go to: www.loadspring.com.

About 21st Century Business

21st Century Business is an award winning television series produced by Multi-Media Productions. The show features companies providing business viewers an in depth opportunity to find solutions within many industries globally.

21st Century Business airs on CNBC and the Fox Business Network to over 100 million viewers nationwide as well as internationally via DirecTV and Dish Network. The show can also be viewed through video on demand via www.21cbtv.com. The series is also available at more than 27 prestigious college universities, including Carnegie Mellon University, Howard University, Dartmouth College and Georgetown University.

For specific market-by-market air dates and times, please e-mail [email protected]. For more information, please visit www.21cbtv.com.

About LoadSpring Solutions

As reported by Project Management Institute’s 2013 Pulse of the Profession, an organization’s ability to meet project timelines, budgets and especially goals, significantly impacts its ability to thrive—and even survive. As organizations address the urgent need to improve project success rates, they are faced with a complex and risky environment that necessitates them to do more with less in an unfavorable economic climate. The same research report also says that $135 million is at risk for every $1 billion spent on a project.

In spite of this risk, organizations are not sure how to effectively manage projects and then to explain the business benefits of strategic initiatives to stakeholders.  The third global PricewaterhouseCoopers LLP (PwC) survey on the current state of project management reveals that, according to executives, effective communication is associated with a 17 percent increase in finishing projects within budget. Of equal (if not more) importance is tracking time, cost and production units.

Tracking is empowering

Tracking helps to calculate earned value and it is also used for comparative analysis. For example, comparing planned units versus actual units or budgeted costs to actual costs gives project managers insight into the current state of projects.  It gives them a clear picture of whether their respective projects are performing as per expectations. If this comparison can become a vital part of a project, project managers are empowered to track and take corrective actions well in advance.  This will ensure that projects do not go off track or stray out of the acceptable variance limits. 

Why conformance is important

Conformance with the plan is not simply a project management requirement. It is the vital backbone of a project to ensure that budgets, timelines and costs do not overshoot limits bringing down Return on Investment (ROI) levels. Without comparison, there is no basis against which to determine if a project has gone off track and small problems then have the potential to snow ball into  large issues that could require greater time and expense to correct down the road.

Why track?

Project managers will wonder how time consuming this tracking activity will be and whether there is the need for this extra activity on an ongoing basis.  The answer is simple.  Advance knowledge helps project managers make modifications in estimation techniques to achieve greater accuracy in the planning stage itself. This will help bring down increased workload or rework during the execution phase. Thus, the very success of a project lies in efficient project management, and tracking is core to this function.

The importance of data capture

Data capture in an accurate manner is required for tracking to be of any use.  The best project managers believe in capturing data on a daily basis using a tracking application.  This will ensure that misapplication of time and resources is avoided. To ensure that the solution performs accurately, a certain amount of training is required for all those personnel who will be entering data.  

It is also important to plan the level of detail a project manager wants to drill down to.  Whether tracking time or expenses, to which level of granularity one wishes to track is important and this decision needs to be made before the actual data entry phase begins.

A good tracking solution gives the organization the power to control the level of detail in tracking and depending on adherence to data entry, the solution can be a powerful tracking tool to keep projects on track at all times.  LoadSpringMobile, Primavera Progress Reporter, and other tracking solutions hosted through LoadSpring’s SpringBoard Portal are good examples.

Sometimes, tracking at granular levels can be overwhelming, especially if an organization is in a growth phase. There are many fires to be put out and there may not be too much time for data entry and capture. For such organizations, high level tracking may suffice and as the organization matures, it can control the level of detail in tracking. 

The power of the tracking application lies in its ability to empower project managers to decide how they want to use it.

There’s nothing like design software for generating a ton of data. And every time you add another dimension, data volumes multiply. Working with four dimensions (three spatial and one time), Business Information Modeling (BIM) is no exception. In the past, this kind of application required specialized, high-powered workstations with big budgets and geeks galore in attendance. Trying to do your BIM on site was unthinkable unless you paid out serious money for a portable (well, ‘luggable’) PC that you could take with you to carry on running the software in the field.

BIM isn’t Going Away

All that might be of little consequence, if it were not for the fact that BIM is now achieving widespread acceptance and may become mandatory in construction projects in the future. Some countries (like the UK) have already made it national policy. And if you think that use of BIM is restricted to an elite sector of architects, then think again. According to at least one study, builders use BIM even more than architects.

The Cloud Needs to Provide More than Storage

So it’s not surprising that BIM, a mainstream application in the construction sector, has also made its way towards the cloud. Now the cloud can do two things. It can provide immense storage space cheaply, which is handy for storing and sharing BIM data, especially if the servers in your company network are starting to choke. But this doesn’t solve the problem of processing the data. A plain cloud storage setup still means having to download the files (onto your super luggable PC) if you want to work with them, and uploading your modified versions afterwards for security and further sharing.

Hosting the Application Changes the Game

The other thing that the cloud can do is to host the application as well as the data being used in that application (vendors now speak of ‘cloudifying’ software. In that case, you simply need a computing device that is responsive and has a sufficiently good display: trying to use a smartphone may still be a little too ambitious, but tablet PCs can work. As long as you then have a reasonable network or internet connection, and the vendor has correctly ‘cloudified’ its BIM, you’re in business, whether you’re in the office or out on site.

Looking After Access and Security

So far, so good. But what about controlling access to the application and the data files that go with it? Security and project management go hand in hand. This is the basis of an approach taken together by  LoadSpring Solutions, Inc., with its SpringBoard cloud-based portal and its partnerships with Synchro, Revit and others BIM application developers. We have collaborated so that users now get the benefit of broader enterprise access and improved data control though SpringBoard. Additional advantages include single user sign-on and improved license tracking, account setup and application provisioning, and 365/24/7 support.

A Rosy Future for BIM in the Cloud