Pioneer Property Zone Services Ensures Quality With Aconex

MUMBAI, INDIA--(Marketwired - Nov 24, 2015) - Aconex Limited (ASX: ACX), provider of a leading cloud collaboration platform for the global construction industry, today announced that Pioneer Property Zone Services Pvt. Ltd. (PPZ) has implemented Aconex Field for mobile field inspections and issues resolution at four shopping malls and a high-rise commercial building in India.

PPZ, a joint venture between ICS Realty and Old Mutual Investment Group Property Investments, is India's leading mall management firm with 19 million square feet of projects under management and development in 21 cities. Tenants represent more than 500 brands and draw over 25 million customers each year. PPZ offers holistic property solutions in the retail space designed to maximize a property's potential. The firm supports all aspects of mall projects, from design and development to management of the built asset.

PPZ currently has three retail malls in operation and one mall and one commercial building currently in construction:

• Pacific Mall, Dehradun - 230,000 square feet, four floors, 95 stores.
• Manjeera Mall, Hyderabad - 450,000 square feet, six floors.
• Pacific Mall, New Delhi - 475,000 square feet, four floors, 126 stores.
• Virginia Mall, Bangalore - 150,000 square feet, four floors, 70 stores, expected to open in December 2015.
• DIL Thane One, Maharashtra - 200,000 square feet, 16 floors, expected to open at year-end.

Inspection Challenges

Failure to identify and correct safety and quality issues promptly during construction can lead to schedule delays and added cost, and possibly non-compliance with building regulations. Prior to the adoption of Aconex Field, issues on PPZ projects were identified during project team review meetings and captured on Excel spreadsheets. Issues were assigned to subcontractors verbally or via email, and follow-up was done largely through email.

PPZ field inspectors carried a hard-copy form, which they updated manually as they inspected the site. This procedure was time-consuming and labor-intensive, and project managers had no way of confirming whether the form was completed on site or at the inspector's desk, creating the risk of inaccurate reporting and costly rework at a later date.

Streamlined Reporting and Follow-up

Seeking a better way to manage inspections on the job site, PPZ tried Aconex Field. "With Aconex Field, we were able to advance from our traditional, unstructured, manual process of reporting and follow-up to a paperless, organized, systematic approach," said Yogesh Kale, assistant general manager at PPZ.

With Aconex Field, PPZ can manage on-site inspections on mobile devices such as tablets and smartphones. The solution supports both ad hoc and structured inspections with fully customizable checklist templates to manage non-conforming issues. Aconex Field enables inspectors to capture, distribute and track defects and other issues in real time faster and more accurately than traditional systems used to manage issues on construction projects.

Tracking Progress

"Aconex Field has enabled us to measure the performance of subcontractors in turnaround time to resolve issues," said Mr. Kale. "This has led to improvements in planning, resource management and reporting from the way we used to do inspections. We can capture, report, resolve, and close issues much faster."

PPZ can view at a glance what has been completed, what is outstanding, and which subcontractors are lagging behind. Non-conforming checklist items are managed with Aconex Field's issue workflow, ensuring that nothing is lost or overlooked. All interactions on Aconex are recorded and can't be deleted. There is never a question about what was requested or agreed or when a message was received.

For more information on Aconex Field, please see http://www.aconex.com/punch-list-building-inspection-checklists and http://www.aconex.com/construction-safety-checklist-app.

"PPZ's portfolio consists of large, complex projects," said Andy Lake, general manager of Asia at Aconex. "The faster they can be completed -- with safety and quality assured -- the faster they can begin generating income for their owners. We're pleased to be able to help PPZ stay on schedule and on budget, while proactively meeting compliance requirements, for these five projects with Aconex Field."

About Aconex

Aconex Limited provides a leading cloud collaboration platform for the global construction industry. The platform connects owners, contractors and their project teams in the construction, infrastructure, and energy and resources sectors, providing project-wide visibility and control between the many different organizations collaborating across their projects. With more than 60,000 user organizations and over $1 trillion of project value delivered in more than 70 countries, Aconex is the industry's most widely adopted and trusted platform. Founded in 2000, Aconex has 41 offices in 22 countries around the world, including headquarters in Melbourne, Australia and San Francisco, California. The company's ordinary shares are traded on the Australian Securities Exchange (ASX) under the ticker code ACX.

Supporting Resources

For more information on Aconex, please visit:

• Website: http://www.aconex.com
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