Trade business owners are facing unprecedented challenges and opportunities, according to Simpro's 2025 Trades Outlook Report. For plumbing, electrical, HVAC, and other field service business owners, ...
Simpro's 2025 Trades Outlook Report Reveals How Data Centralization & AI-Driven Workflow Drive Revenue Growth for Electrical, HVAC and Plumbing Business Owners
BROOMFIELD, Colo.: Trade business owners are facing unprecedented challenges and opportunities, according to Simpro's 2025 Trades Outlook Report. For plumbing, electrical, HVAC, and other field service business owners, the landscape has shifted dramatically, but so have the tools for success.
The report, gathering insights from over 600 diverse trade and field service businesses worldwide, reveals that companies thriving amid today's economic pressures are those that invest in operational efficiency while building more resilient organizations.
"As someone who's witnessed the success of trade business owners, I can tell you this is a pivotal moment," says Gary Specter, CEO of Simpro. "The most successful businesses are facing these challenges head-on: rising customer expectations, evolving workforce dynamics, and the need to embrace technology as a competitive advantage. Those building resilient operations will see substantial growth in the coming years."
Four Key Findings that Directly Impact the Bottom Line:
1. Focus on Operational Fundamentals
The report shows successful business owners prioritize systems that perfect the fundamentals: job management, accurate quoting, efficient scheduling, and streamlined invoicing. Nearly 80% of owners surveyed consider robust invoicing capabilities essential, recognizing that cash flow remains king.
2. Software Sprawl is Killing Efficiency
The average trade business now manages at least five software systems, with more extensive operations juggling eight or more. Yet nearly a third have no strategy for integrating the information generated by these resources. This fragmentation creates blind spots that prevent owners from making informed decisions about profitability, resource allocation, and growth opportunities.
3. AI Delivers Real ROI
For practical business owners, AI isn't about futuristic concepts but tangible returns today. The report found that 69% of owners see AI's most significant impact in optimizing workflows – reducing technician downtime, improving routing efficiency, and increasing job completion rates. Over 30% report that predictive maintenance capabilities help prevent costly equipment failures and emergency service calls.
4. Winning the Talent War Requires New Strategies
While blue-collar job growth continues to outpace white-collar positions, business owners still struggle to attract qualified workers. The perception problem is stark: only 23% of young people believe trades involve cutting-edge technology, while 89% of actual trades professionals report working with advanced tech daily. This disconnect has created a situation where just 16% of young people would even consider a career in the trades.
Strategic Priorities for Business Owners
For business owners looking to build more resilient operations, the report suggests three key focus areas:
"I've owned my security business for over fifteen years, and the pace of change has never been faster," says Jennifer Lambert of Team Wired, a Houston-based company specializing in commercial security and fire alarm systems. "The businesses that will thrive aren't necessarily the ones with the most trucks or the longest history – they're the ones willing to modernize their operations while maintaining their commitment to quality service."
Survey Methodology
Simpro partnered with Quietly Research to conduct comprehensive research for this report, drawing on insights from a series of first-party surveys across our global customer base. With over 600 responses from trade and field service businesses worldwide, the findings reflect a robust and diverse snapshot of industry trends and challenges.
About Simpro
Simpro is field service software for trade and field service businesses, offering best-in-class solutions that provide trade business leaders with a powerful workforce and business management platform that drives efficiency and growth. Simpro supports over 250,000 users worldwide, with offices in North America, Australia, New Zealand, and the UK. For more information, visit: www.simprogroup.com.
Fonte: Business Wire
Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…
G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes
Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries
Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…
Paycom Software, Inc. (“Paycom,” “we” and “our”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, today…
Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital wealth and payments business, today announced that it will be participating in…
As demand for virtual ADHD care increases, findings from a new study conducted with ADHD 360, the UK’s largest evidence-based digital service specializing…
Nanyang Biologics (NYB) and Precisya Global Inc (PGI) announce a strategic collaboration to leverage our technologies in validating potential therapeutic…