OnTarget Technologies
Easy-to-use cloud based construction management tool to improve decision making and mitigate risks through real time information and seamless collaboration..
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
N/A | Seed | ||
| Total Funding | 000k | ||
OnTarget Technologies operates as a digital project management hub, providing a centralized platform for stakeholders to coordinate and execute project plans. The company's software is designed to serve clients in the industrial construction sector, including Fortune Global 500 companies in the oil & gas and chemical manufacturing industries. Revenue is likely generated through a subscription-based model for access to their software platform and its various features.
The core of OnTarget's offering is a software-as-a-service (SaaS) platform that focuses on enhancing project execution, visibility, and collaboration. Key features include centralized data and action management, which helps to standardize workflows and reduce miscommunication across teams. The platform provides flexible and customizable dashboards for monitoring critical project metrics, with dynamic drill-downs to identify the root causes of issues in real-time. It also includes comprehensive action management to track deliverables and tasks, ensuring accountability with notifications and alerts. The system is adaptable to various project methodologies, such as AWP and Agile.
Initially, the company also developed a mobile application called mCollaboration, which integrated real-time project management with 3D BIM models for field and office collaboration. This app featured a dashboard overview of project status, task assignment, document sharing, and safety information. Over time, the platform has evolved, with client testimonials indicating a strong focus on risk management and reporting capabilities that are superior to traditional spreadsheet-based methods.
Keywords: project management software, construction technology, industrial construction, AWP, Advanced Work Packaging, agile project management, digital project management, project collaboration, data centralization, task management, project reporting, risk management, construction software, oil and gas projects, chemical manufacturing projects, deliverable tracking, stakeholder collaboration, project visibility, SaaS