- Ted Jones, Chief Economist - Senior Vice President, Stewart Title Guaranty Company
- Bud Weinstein, Associate Director of the Maguire Energy Institute, SMU
- Kourtny Garrett, President & CEO, Downtown Dallas Inc
The event made me feel proud to be a Texan, to be from Plano, and to have a company (HingePoint) that is hyper-focused on this specific industry. I'm grateful that HingePoint is designed to tap into the massive potential of the millennial workforce (what I call the young Rock Stars of the next generation).
Why?
Well, see what I learned from the event:
Top Takeaways from the 1st Speaker - Associate Director of the Maguire Energy Institute, SMU – Bernard L. Weinstein
- Texas is forecast to grow 3% next year. That's thanks to a trend of people and businesses moving south, and the powerful Texas business climate to attract companies to the region and stimulate on-shore manufacturing.
- 100,000 new jobs in Texas last year (2017) and 100,000 more next year. HingePoint is proud to have added 5 of those new jobs as we grew last year.
- Texas leads in Exports, especially crude oil and natural gas. But there is a risk if the NAFTA agreement impacts our trading with our friends in Mexico and Canada.
- The stock market is rocking along, creating long term wealth.
- Fossil fuels are going over the next 25 years and Texas has a lot of natural resources and capabilities to meet that demand.
- In 2018, the United States is forecast to be the #1 country in the world for energy production, which will increase our exports, and provide for reliable long-term growth of the economy.
- Energy dominance globally will be a great high ground for politics and growth globally.
- North Dallas, Plano, Frisco, and Irving are the strongest markets in Texas! I'm so proud to be living and headquartered in Plano Texas since 2006!
Top Takeaways from the 2nd Speaker – Chief Economist – Ted Jones, Ph.D.
- By the numbers, data counts! Amen! Facts and data really do tell a story. A story HingePoint helps our clients with: get control of their data so they can profitably scale and grow, using tech resources like Cloud, Mobile, and Analytics to optimize their business.
- Bullish on the future, all trends are leading up and our competitiveness is increasing monthly.
- Lowest unemployment raster in the past 44 years!
- 16% growth in Travel and Leisure jobs! That means there are people with discretionary income and spending, which further stimulates the economy.
- Plano, Dallas, and Irving has 2 times the job growth of the national average! Thanks to all the entrepreneurs from EO Dallas (entrepreneurs organization), BizOwnersEd, Vistage, C12, and CEO Institute that grow our local economy.
- Millennials are 14% of the population, but make up 30% of new home purchases! So they are aggressive, risk seekers, committed to living in Texas to raise families and have a great career. The rock stars of the future love Texas!
- Businesses that tap into the millennial workforce and make products millennials want will flourish. That is why HingePoint is so excited about the future. We do both! Our cloud, mobile, and analytics applications for construction and commercial real estate will be key in helping this next generation of innovative leaders optimize and grow American businesses.
- Disasters – first, they dip the economy. Then, it causes a boom as insurance and federal aid build the region. Hurricanes and fires will help to fuel the Texas and national economy.
- Tax Reform – putting more money into the economy like Dallas' Southwest Airlines that gave bonuses to employees based on recent tax breaks. Lowering the corporate tax from 39% to 29% almost doubles net profit for some companies, and it will directly put money in the hands of businesses so they can hire more people and increase compensation. In turn, that will further stimulate the economy. If you invest in the stock market, it may continue to climb on in this economy.
- Tax deductions for home mortgages over $1M will hurt California and NY with very expensive houses. This will further fuel the exodus out of those states to more affordable southern states like Florida and Texas. Texas is leading in population growth.
- Nimble! The cost to drill is down. Rigs can be drilled in 19 days now, vs 40 days. Our energy development has increased rapidly (and with far fewer rigs), so we can basically scale up and down almost instantly to meet the demand. This allows for long-term sustained growth on the fuel of cheap and clean energy from natural gas.
- Follow Dr. TC Jones on Twitter at @DrTCJ for more great economic stats every day.
Real Estate Round Table
I had the pleasure of sitting with the Hoque Global team lead by Mike Hoque and Mehrdad Moayedi (President & CEO of Centurion American) who developed The Statler Hotel & Residences to revitalize Downtown Dallas, and Kourtny Garrett, President & CEO of Downtown Dallas Inc. Everyone involved made some great points about the real estate climate in Dallas. Below are a few of my key takeaways:- They're attracting great tenants downtown.
- Investing in the legacy of Dallas and preserving our city's history will be a long-term investment that shows people’s faith in Dallas and Texas.
- Hoque Global develops highly-successful restaurants (such as Dallas Chop House, Dallas Fish Market, Chop House Burger, and Wild Salsa), revitalizing downtown Dallas with shopping, bars, restaurants, and even parks that families love. I personally take out-of-town guests to the park (across from Statler) and it’s been a source of “family fun” for my wife and 3 daughters.
- New tenants like Amazon (and others) may join AT&T. They'll find Dallas ripe for setting up a long-term presence in the south-central region that's full of the lifestyle and talent pool their employees want for sustained growth.
- Can we rename "Millennials" to our "Next Generation Rock Star leaders, innovators, and citizens of America" that will take us to the next level of American morality, purpose, and keep this the greatest country on earth? Who’s with me?
- Dr. Bernard Weinstein’s presentation can be downloaded here.
- Dr. Ted Jones’ presentation can be downloaded here.
About HingePoint, LLC
HingePoint delivers cloud, mobile and analytics solutions for the construction industry. Specializing in the systems that run the construction business including SharePoint, Salesforce, Procore, Microsoft Dynamics, and Autodesk. Scale and grow profitably with Financial and Project Dashboards, document management, and workflow automation for field-to-office collaboration. ---- HingePoint, LLC 2300 McDermott Road STE 200-235, Plano, TX 75025 (214) 301-0000 [post_title] => 2018 Texas Construction & Real Estate Forecast Strong. Learn Why! [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => 2018-construction-real-estate-forecast-strong-dallas-texas-us [to_ping] => [pinged] => [post_modified] => 2018-05-28 06:58:18 [post_modified_gmt] => 2018-05-28 11:58:18 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hingepoint.com/?p=13909 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [2] => WP_Post Object ( [ID] => 13250 [post_author] => 3 [post_date] => 2017-12-11 03:54:13 [post_date_gmt] => 2017-12-11 09:54:13 [post_content] => Last week, the HingePoint team traveled south to San Antonio, TX to learn about The Great Game of Business and was awarded 1st place, winning the coveted Mini Game Challenge! The Great Game of Business is designed to show how an open-book management system is used to build rapid financial results and company culture. The full-day workshop kicked off with a keynote by Michael Kiolbassa, president of Kiolbassa Smoked Meats. Kiolbassa implemented The Great Game process in 2014 to save the family business that was struggling to make a profit. In fact, at one point in August and September of 2013, they “lost more money in two months than we made in most years we had been in business”. Now, just three years after adopting The Great Game Process, Michael's company is thriving and on track to hit a target of $100 million in revenue by 2019! The keynote was followed by an on-site visit to the Kiolbassa factory, where we sat in on a live "Huddle" to see Great Game practices first-hand, and a Q&A with employee practitioners. The last part of the workshop was the interactive session, where the teams competed in the coveted "Mini Game challenge" and put the days’ worth of professional development and learning into action. Teams were challenged with building a short-term activity designed to correct a weakness or pursue an opportunity in the company. The requirement was to have an end goal with a time-frame, scoreboard, and reward for winning. HingePoint’s game was named “A Steak in the Outcome” with the reward being a steak dinner for the team at Ruth’s Chris if the criteria are met. The competition was very tight, making a difficult decision for the judges. After a lengthy deliberation, the results were announced, awarding HingePoint the victor!“Knowing there are only a handful of businesses that get the opportunity to participate in this event every year makes you feel honored to be in attendance and learn with so many other intelligent professionals. The fact that HingePoint captured 1st place in the [Mini Game] challenge was a truly unforgettable experience.”
-HingePoint Marketing Consultant, Jacob Steele
By the end of the day, the HingePoint team left with the knowledge of how to get started with open-book management and unique skills to continue pushing HingePoint forward in the years to come!
About Us:
HingePoint provides Procore, SharePoint and Salesforce consulting for Commercial Real Estate and Construction companies. HingePoint also helps the AEC industry with development & integration of AutoDesk and Procore products with enterprise systems. We are a trusted partner with over 25 years’ experience of systems development and integration work in the AEC industry. Our clients range from top hotel brands and restaurant chains to AEC firms and real estate developers and Facilities Management. We provide BIM consulting with ROI. Results Guaranteed…Literally Guaranteed.
[post_title] => HingePoint Takes Home First Place at The Great Game of Business 2017 Workshop [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => hingepoint-takes-home-first-place-at-the-great-game-of-business-2017-workshop [to_ping] => [pinged] => [post_modified] => 2018-02-20 23:52:15 [post_modified_gmt] => 2018-02-21 05:52:15 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hingepoint.com/blog/press-releases/hingepoint-llc-announces-new-team-members-copy/ [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [3] => WP_Post Object ( [ID] => 13120 [post_author] => 3 [post_date] => 2017-09-25 05:13:31 [post_date_gmt] => 2017-09-25 10:13:31 [post_content] =>SharePoint Two-Way API Integration Brings Microsoft’s Enterprise-Grade Document Libraries Right into Procore
Procore customers can now automatically update SharePoint and Procore libraries simultaneously with a new SharePoint Two-Way Sync integration and connector, built on Procore Construction OS and is available in the App Marketplace. SharePoint Two-Way Sync shares and mirrors files and documents in both SharePoint and Procore libraries through a new connector created by HingePoint, a Dallas-based company that integrates and architects SharePoint for better data management. The SharePoint Two-Way Sync brings Microsoft’s enterprise-grade document libraries right into Procore, with two-way, real-time sync of folders and documents. When a folder is updated in SharePoint, it updates in Procore. If a file is deleted in Procore, it is deleted in SharePoint. “This is not an embedded form that anyone can access, it's an actual API integration that lets SharePoint and Procore libraries mirror one another while having the security of both systems," HingePoint CEO and Founder Bryce Finnerty said. “If you are a user with rights to a Procore project and you’re a SharePoint user with rights to a document library, you can access the synced files." A growing number of construction companies use SharePoint as their system of record to store important data about employees, contracts and project status. This connector eliminates multiple repositories of documents in both Procore and SharePoint and connects the construction unit to the rest of the company. The new integration HingePoint provides for Procore reflects each organization’s commitment to openness and building out the construction technology ecosystem. With the new connector, companies can automatically and securely sync files between Procore and SharePoint or Office 365, which will save time and confusion when managing project documents. It also creates better collaboration with the teams that are not in the construction space.
Leveraging SharePoint’s API with Procore’s open system, this integration automates document sync, saving time and effort of updating two systems that tracks and reports documents. This integration allows everyone – from the owner to the general contractor – to have access to relevant documents needed to finish a project.
“We’re excited for the SharePoint connector from HingePoint to launch on the App Marketplace as it will have an immediate impact for our users who will be able to take advantage of it,” said Laura Paciano, Senior Manager, Partner Programs, at Procore. “We first began talking with HingePoint about an integration at Groundbreak, which was just over five months ago, so for the connector to now be ready is a testament to their commitment to the construction industry and value of the App Marketplace.”
HingePoint integrates software so data can move from one system to another. They specialize in building custom tools that detect and collect data, so a business can project trends about their business.
For more information, contact us today!
214-301-0000
About HingePoint
HingePoint offers cloud and mobile applications for construction and real estate that are easy to adopt and employees love. Specializing in the systems that run the construction and real estate business including SharePoint, Salesforce, Procore, MS Dynamics, and Autodesk. Scale and grow profitably with Financial and Project Management Dashboards, document management, and workflow automation for field to office collaboration. HingePoint 8105 Rasor Blvd. Suite 241 Plano, TX 75024 (214) 301-0000 www.hingepoint.com [post_title] => HingePoint Develops SharePoint Connector for Procore for Automatic Document Sync [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => hingepoint-develops-sharepoint-connector-procore-automatic-document-sync [to_ping] => [pinged] => [post_modified] => 2019-05-17 12:19:32 [post_modified_gmt] => 2019-05-17 17:19:32 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hingepoint.com/?p=13120 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [4] => WP_Post Object ( [ID] => 11995 [post_author] => 3 [post_date] => 2016-07-26 16:45:21 [post_date_gmt] => 2016-07-26 21:45:21 [post_content] => Join HingePoint, as we share how architects can leverage technology trends to be successful in today’s AEC industry. With the fast paced growth of technology spreading throughout the industry, such as BIM and VR, we want to show you what works. The American Institute of Architects Dallas (AIA Dallas) and TEXO present TAP-IN Aug. 4 in Dallas, an event that offers insight to architects on available technology for building design and construction. Bryce Finnerty, HingePoint’s Chief Solutions Architect, will open TAP-IN to show architects how to use the right kind of technology. Finnerty will also give participants a aadmap to becoming a architect who uses BIM. Tap-In will outline the big technology trends affecting business and our industry. Participants will learn practical examples from cloud, mobile, 3D models and BIM to help you plan for and leverage these tools. A wide variety of firms will be discussing their research, development, collaboration and implementation of technology in a series of short lectures and panel discussions.TAP-IN EVENT DETAILS
Aug. 4, 2016 11 a.m. – 6 p.m. The Laurel 2040 Enchanted Way Grapevine, TX 76051 You can read the official press release on this event at: http://www.digitaljournal.com/pr/3023537#ixzz4G6FkkQ5AFree Productivity Tools for Event Attendees
Participants at the Tap-In event will also get a free lifetime license for the BOM to Excel Revit Productivity App designed especially for 3D BIM Modelers by the team at HingePoint. “One of the first steps in working with BIM is getting rid of busy work and working to automate reports that computers can do,” Finnerty said. “That’s why we’re giving away the BOM to Excel App for free.” This app is designed for Architects, to automate the busy work that consumes valuable time. In the push of a button, and within a minute of downloading the App, the BOM App for Revit will automatically build a BOM, quants and take offs from all your Revit Schedules and Export them to Excel. Saving hours and hours of scheduling, manual take offs, and formatting Revit data in Excel for clients and colleagues. Don't want to wait to until Tap-In to give the Revit BOM to Excel productive app a spin? No problem, check out the section below to install the free trial now!Install the BOM to Excel Revit Productivity App
Just click the button below to install the limited time trial version of the app. Attend the AIA Tap-In event we'll convert your license to a perpetual license. Just email ContactApps@hingepoint.com and tell us you saw our talk and are part of the Dallas AIA. We will upgrade your license from Trial to Perpetual and you will own this $900 app for life. At no cost to you. Install the free trial today and you will be well on your way to automating, reporting, estimating, quantities, take offs, at the push of button!Download the Roadmap to BIM
or participating in the AIA Dallas technology conference, we'd like to give you a roadmap to show the steps needed to create 3D BIM models. Whether you're working with paper or already using digital files, you can learn necessary steps to relaunch your company's processes with new technological capabilities. [post_title] => Explore How the AEC Industry uses Technology at Dallas AIA TAP-IN [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => aia-tap-in-event [to_ping] => [pinged] => [post_modified] => 2018-02-12 01:34:55 [post_modified_gmt] => 2018-02-12 07:34:55 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hingepoint.com/?p=11995 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 14 [filter] => raw ) ) [post_count] => 5 [current_post] => -1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 14594 [post_author] => 3 [post_date] => 2018-11-08 12:36:43 [post_date_gmt] => 2018-11-08 18:36:43 [post_content] =>
Procore customers can now automatically integrate documents between Microsoft Teams and Procore. The latest product from Microsoft Office 365, Teams, is the collaboration work hub on Office 365 (O365) that includes communications for calls, chat and online meetings as well as documents that is widely adopted by the business community. To better serve the needs of the construction industry, HingePoint is expanding the Procore SharePoint 2 Way Sync solution to work seamlessly with MS Teams. Now all your documents in SharePoint, OneDrive, MS Teams will be fully synchronized with Procore on all devices from the browser, mobile, apps and desktop tools. HingePoint will make the release public in December 2018 in the Procore App Marketplace.
Read the full press release on PRWeb here >>
SharePoint Two-Way Sync shares and mirrors files, folders and documents in both SharePoint and Procore libraries through a connector created by HingePoint, a Dallas-based company. The connector is built on the Microsoft cloud platform Azure and integrates SharePoint as the backbone of Digital Business Hubs that keep companies fully integrated with data, documents, and workflows to streamline construction and real estate development businesses.
This big development will allow companies more efficient ways of working, ensuring that new systems will not create more complexity or fracture the company’s enterprise ability to collaborate. Now construction companies can leverage the best of what both Microsoft and Procore offer by keeping all of their documents synchronized across all systems and devices. These systems talking to each other is the solution that clients are looking for when field teams struggle to collaborate with clients and contractors and keep all their information up to date and shared across all subcontractors.
“This is not a simple connector product app, it’s an actual real-time API integration that lets MS Teams, SharePoint, and Procore libraries mirror one another while having the security of both systems. This expands our solutions for the construction industry” HingePoint Managing Director Bryce Finnerty said.
HingePoint is offering a pricing model that will allow clients to license a turn-key solution that can be set up in a few hours. A solution that our clients can host in their own Azure environment scale to 100’s of projects across the enterprise will be key going forward.
A growing number of construction companies use MS Teams and SharePoint as their system of record to store important data about employees, contracts and project analytics. This connector eliminates multiple repositories of documents in both Procore and SharePoint and connects the construction unit to the rest of the company.
The new integration HingePoint provides for Procore reflects each organization’s commitment to openness and building out the construction technology ecosystem. What we call Digital Business Hubs, with the new connector, companies can automatically and securely sync files between Procore, MS Teams and SharePoint or Office 365, which will save time and confusion when managing project documents.
Digital Business Hubs creates better collaboration with the teams that are not in the construction space.
"We're excited for HingePoint to expand their integration to the MS Teams platform, once launched on the App Marketplace this will provide tangible new value to Procore users." said Doug Gibson, Business Development Manager at Procore. "This new solution for MS Teams is a testament to HingePoint's commitment to the construction industry and value of the Procore App Marketplace."
HingePoint integrates software so data can move from one system to another. They specialize in building custom tools that detect and collect data project and financial data, so a business can get control of their business.
Learn More Procore Solutions >>
Read the full press release on PRWeb here >>
For more information of a Demo, contact HingePoint today.
About HingePoint
HingePoint is a recently acquired WCI Consulting company (June 1st, 2018) that offers cloud, mobile and analytics applications for construction and real estate that are easy to adopt and employees love. Specializing in the systems that run the construction and real estate business including SharePoint, MS Teams, Salesforce, Procore, MS Dynamics, and Autodesk. Scale and grow profitably with Financial and Project Management Analytics, document management, and workflow automation for field to office collaboration.
HingePoint
8105 Rasor Blvd.
Suite 241
Plano, TX 75024
(214) 301-0000
www.hingepoint.com
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