Tag: Strategic
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Strategic Implementation of AI in AEC
In this episode of the AI AEC Show, host Aarni Heiskanen welcomes Dr. Sam Zolfagharian, co-founder and president of YegaTech, a consulting firm focused on AI strategies for the AEC industry. Dr. Zolfagharian shares her background in structural engineering and her journey into the world of AI. She discusses her firsthand experiences on construction sites,…
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Why Strategic Action is Construction’s Strongest Ally in 2025
In what appears to be a continuation of the previous year’s performance, the construction industry continued to see either growth or stability in all of its sectors. Anchored by a large thrust in the residential sector once again, businesses largely flourished. Most organizations have seen stability in both profitability and the competitive landscape, according to…
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OpenSpace Expands Its Strategic Capital to $111M
OpenSpace, a 360° construction jobsite capture and AI-powered analytics company, has announced US$9M in additional strategic capital for its Series D round. The latest funding brings the total capital raised to US$111M. The investment comes from funds managed by existing investors Taronga Ventures and GreenPoint Partners. OpenSpace will use the to continue scaling the business and developing additional AI-powered…
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Prescient Announces a $190 Million Strategic Investment
Prescient’s game-changing digital design-build platform is increasing returns on investments across the entire development, construction, and operating value chain. The platform provides an efficient, integrated, and transparent approach for advanced professionals who plan, design, and build multi-family housing and hospitality structures. Prescient announced it has closed a $190 million strategic investment and bonding support led…