Tag: improve
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How General Contractors Improve the Value of Technology
I received an exciting publication published on August 23, 2023. It is a SmartMarket Brief that examines the current state of digital project management for general contractors in the US construction industry. The report includes findings from a survey of over 200 general contractors, construction managers, and design-builders. It focuses on the use of technology…
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Kwant AI Raises Millions to Improve Construction Efficiency and Safety
New York-based AI SaaS startup Kwant AI brings AI technology to the field, adding efficiency and safety to the global construction industry with the System of Record of Workforce. The startup announced a $3.9 million seed round with investment from LAUNCH, Fairstead, Pearl Fund, 7BC Venture Capital, Forefront Ventures, Martinson ventures, and Serra Ventures. Funds…
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Aiforsite’s Mission to Improve Construction Productivity Globally Attracts Investors
The construction industry suffers from high wastage compared to other industries. Up to 60% of the hours worked at construction sites is wasted time. The inefficiency leads to quality problems, delayed completions, and economic losses. Aiforsite aims to resolve the construction productivity problem. Aiforsite’s smart technology solution Artificial Intelligence for Construction (AIC) facilitates business intelligence…