An academic at the UK’s Northumbria University in Newcastle’s Department of Architecture and the Built Environment, has built a mathematical model for allocating labor that her research confirms can help contractors and construction companies save their projects time and money. The model, part of a software program, uses the skills and personalities of individual laborers proposed for, or working on, a construction project site, coupled with existing site conditions and the overall progress of the work, to optimize labor crew configurations.Read More
New York City-based, SaaS proptech startup Envelope has just announced $2M in new funding. Conceived in the hallways of SHoP Architects in 2008, and spun off as its own entity in 2015, the company’s product is an interactive map that allows users to create a 3D model of a Manhattan development parcel’s largest possible building, analyzing the specific zoning and other regulations that apply to each parcel in order to provide users with floor-by-floor statistics for a potential development project, including a building’s maximum square footage, height, and allowable massing.Read More
Data-driven BIM startup Invicara recently announced that it has sold a $10 million minority stake in its business to the Dublin, Ireland-based building company Kingspan. “While BIM has proven its value in helping improve project team communication and coordination, it hasn’t yet lived up to its promise for owners that need data or manufacturers that could collaborate with clients,” the company says.Read More
After discussing what, exactly, blockchain and cryptocurrency technology looks like, we take a look at the top five ways they might transform the construction industry in 2018 and beyond: from BIM and smart contracts to the construction supply chain and scheduling, payment applications and liens, and insurance.Read More
By 2030, India will boast the world’s third largest construction and real estate industry, employing over 75M people and generating $1T in economic activity. So it’s no surprise that startups like FalconBrick are taking aim at the sector with mobile-based solutions designed to improve project efficiency and decrease costs and delays.Read More
Deep Learning Startup Intraspexion’s CEO Tells ENR He Would “Love” to Work with a Construction Company
Intraspexion’s deep learning, predictive technology has the potential to help construction industry clients assess risks and avoid litigation, CEO tells ENR.Read More
Boston-based construction software startup ManufactOn recently announced a $2.5M Series A round of funding, led by Brick & Mortar Ventures. ManufactOn is a SaaS platform that helps construction firms plan, track, and manage both prefabrication and regular material handling.Read More
Ontario-based AEC Solutions, Inc. – builder of a construction contract software product – was recently selected as a finalist for the New Civil Engineer’s Tech Fest Awards, held on September 14 in London.Read More
San Diego-based eSUB Construction Software, which recently announced a $5M Series A round, builds a variety of cloud-based project management apps that help subs track and connect to jobs in the field, manage schedules, and get paid faster.Read More
TradeTapp’s algorithms pull subcontractor data into an interactive, web-based collection module and analyze metrics that include backlog position, work history, average project size, and how the sub has fared with staying on time and on budget.Read More
Unearth’s product aims to help construction project teams get better informed about what’s happening in the field in real time in order to prevent schedule and cost impacts before they happen, using a combination of drones, remote sensors, and Internet of Things principles to centralize communications between field and home office.Read More
onTarget, a cloud-based construction software solutions provider, is part of the real estate incubator MetaProp NYC’s new 2016 accelerator class.Read More
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