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© 2016 Blue Canyon Partners, Inc.
Joseph Root
IDEA eBiz Forum
May 26, 2016
Data Trends in the Electrical
Industry
1
© 2016 Blue Canyon Partners, Inc.
Product data study
Key insights
Questions to consider
Purpose
Agenda
© 2016 Blue Canyon Partners, Inc.3
© 2016 Blue Canyon Partners, Inc.4
FACT #1
Technology
© 2016 Blue Canyon Partners, Inc.
Technology is changing the way business is
done in the electrical industry
5
Product research is
conducted online
Purchases are being
made on the web
Product data in
project management
software
Designers and asset
managers use BIM
“If I’m ever looking for something specific, I
always look for it online before looking in
one of my books.”—Contractor
“There’s a new generation of web-savvy buyers…
this is a revolutionary thing in the business.”—Distributor
“Even though this industry lags behind when it comes
to technology, this software is very valuable to us.” —Contractor
“It’s a tremendous time saver for everyone, and it
has the potential to make a huge impact.”—Contractor
© 2016 Blue Canyon Partners, Inc.
FACT #2
Keeping up with change is challenging for
many key players
6
© 2016 Blue Canyon Partners, Inc.
Contractors look to
technology for
efficiency
However, this content
can be challenging to
produce
Keeping pace with these rapid changes is
challenging for key industry players
7
“For our web store, we need normalized attributes and
enriched content. We need a whole lot more content
than we have right now.”—Distributor
“We’ve got 360,000 SKUs, and adding data for all of
them is a challenge – it takes 7 different departments.
There are so many people involved.”—Manufacturer
“We’re trying to get into mobile purchasing –
purchasing in the field. The more efficient we can
make our field leadership, the better.”—Contractor
“I’m telling my manufacturers, ‘if you don’t have a
BIM object library, I’m not going to spec you.’”—Consulting Engineer
Web platforms demand
higher quality content
Architects and
designers need high-
quality BIM data
© 2016 Blue Canyon Partners, Inc.8
QUESTION
How can manufacturers and distributors
collaborate in order to grow?