SYS-CON MEDIA Authors: Sean Houghton, Glenn Rossman, Ignacio M. Llorente, Xenia von Wedel, Peter Silva

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Mobile Application Gives Construction Companies Complete Control Over Forecasting

LAGUNA, CA -- (Marketwired) -- 04/02/14 -- Today Avadencia announces the release of the mobile application for its self-titled, cloud-based forecasting software. Avadencia supports sophisticated, project-based businesses with intuitive and extremely high performance software. Its forecasting software boasts a number of features to give users extensive business intelligence and the ability to observe and react to changing project conditions as they occur.

The free mobile application, now available in the App Store, includes some of Avadencia's most popular functionalities:

  • Instant Recall™, showing specific item details, so users can gain insight into the item's progression or item forecast stability
  • Mobile Collaboration Tools
  • Multi-user, Cloud-based Platform provides permission-based project visibility
  • Proactive Risk Management Tools
  • Built-in APIs that can be configured to work with popular ERP systems and display forecast details in the field

The construction industry has already embraced Avadencia's innovative forecasting tool. In Constructech Magazine's most recent Jan-Feb 2014 issue, Avadencia was called "A crystal ball for construction." The software is designed around the needs of project-based industries that rely on forecasting, including construction, oil and gas, manufacturing, aerospace, and more.

Avadencia CEO Michael Saddik says, "Our focus has been on using software to bridge the gap between forecasts and the realities of an active, ongoing project. Our cloud-based forecasting software already enables this; mobile application furthers our commitment to making this technology available anywhere our customers will need to use it."

Avadencia allows forecasters to improve information collection while promoting analysis and sharing with the appropriate team members. Its Instant Recall™ feature enables users to drill down into the history of line items and trends for better understanding and improved decision-making. Avadencia's cloud-based software gives construction firms and others who spend significant time in the field consistent access to their project forecasting tools. With the new mobile app, users have one more way to access and manipulate forecasts from wherever they are, whether in the office or the field.

About Avadencia:

Avadencia (www.Avadencia.com) is a computer software and consulting company specializing in project portfolio job cost forecasting for aerospace, construction, oil & gas and infrastructure-related industries. The company is based in Laguna Beach, California.

Forward Looking Statements: This press release may contain forward-looking statements relating to Avadencia's performance that are based on management's current expectations, estimates and projections. Actual future performance, outcomes and results may differ materially from those expressed in forward looking statements as a result of a number of risks, uncertainties, assumptions and other factors, some of which are beyond Avadencia's control and are difficult to predict. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Unless legally required, Avadencia undertakes no obligation to update publicly any forward looking statements, whether as a result of new information, future events or otherwise. Representative examples of other factors that may impact the forward looking statements include (without limitation) general industry, international economic and political conditions, competition from other companies, shifts in customer demands, customers and partners, changes in operating expenses, including all other unpredictable or unknown factors not discussed in this press release, which could also have material adverse effects on forward looking statements contained in this release as well as other statements made by the Company.

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