Category: Bulletin
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TestFit, the Maker of an AI-Powered Building Configurator, Gets $20 Million Funding
TestFit Inc., the maker of an interactive AI-powered real estate feasibility software, has announced $20 million in Series A financing led by Parkway Venture Capital, bringing the total company financing to $22 million. TestFit’s building configurator helps real estate developers, architects, urban planners, and more to solve site plans in seconds. Development deals for multifamily, commercial,…
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DigiBuild Raises $4M Seed Round to Fix Construction Supply Chains
Construction is one of the largest and oldest markets in the world. Projects involve many stakeholders that bear significant costs and risks. McKinsey estimates that the average construction project is 80% over budget and 20 months behind schedule. Supply chain and material management issues are the number one reason for that failure. Moreover, according to…
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Construction Tech Trends with Tal Friedman, Aarni Heiskanen, and Robert Otani
How is your organization remaining competitive in a sector about to be heavily transformed by digital technology? The global construction industry is predicted to grow by more than USD 14.4 trillion by 2030. Digital technology is playing a crucial role in transforming nearly all segments within the industry. Is your team ready for what’s next?…
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Industrialized Construction News 7/2022 – AEC Business
The AEC Business newsletter’s Industrialized Construction edition in July featured the following news stories: The Pros and Cons of Offsite Construction – A French Research Study The study is titled The current use of industrialized construction techniques in France: Benefits, limits and future expectations. The authors are Emna Attouri, Zoubeir Lafhaj, Laure Ducoulombierb and Bruno Linéatte. Read…
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Kwant Expands Its Connected Construction Solution
Kwant, the New York-based construction software company, has announced a product expansion that supports Lean Construction-based waste reduction. The expansion provides digital transparency for construction sites by connecting each data node to improve safety and productivity. As construction projects become more challenging, the need for fully connected jobsites and data-driven decisions becomes critical. Kwant solves the…
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BMW Group Digitalizes All Its Vehicle Plants Using 3D Laser Scanning
By early 2023, the BMW Group will have a digital scan of every one of its vehicle plants worldwide. In this way, the company is systematically merging the real and virtual worlds and tapping into the enormous potential for highly efficient planning of future plant structures and production facilities. “This opens up entirely new possibilities…
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HKU Uses Blockchain for Modular Construction Quality Management
A team from the Faculty of Architecture of the University of Hong Kong (HKU) has developed a novel e-inspection system to monitor the manufacturing and delivery of student residence modules. It uses blockchain technology to store inspection records. “This e-inspection 2.0 system is a world’s first. It has set new standards and will serve as…
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The Latest Construction Tech Trends – A Panel Discussion
How is your organization remaining competitive in a sector about to be heavily transformed by digital technology? The global construction industry is predicted to grow by more than USD 14.4 trillion by 2030. Digital technology is playing a crucial role in transforming all segments within the industry. Is your team ready for what’s next? Join…
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Construction Robotics Today Course Launched
Construction Robotics Today is a self-paced, concise e-learning course for current and future construction practitioners. Are you worried about construction labor shortages in the near future? Are you all the time up to date on what’s happening in a construction project? Do you consider an industrialized model for your business? If any of those questions…
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Construction Robotics Today Course Launched
Construction Robotics Today is a self-paced, concise e-learning course for current and future construction practitioners. Are you worried about construction labor shortages in the near future? Are you all the time up to date on what’s happening in a construction project? Do you consider an industrialized model for your business? If any of those questions…