The way we build is being disrupted: one financing and delivery mechanism, technology, and start up at a time.
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A recent article in the UK’s Construction News publication (also picked up nationally here in the US by Bisnow) suggests that Amazon is “reinventing” the construction and real estate development markets thanks to its incredible growth, both in the US and abroad. But what, specifically, does that mean? And should construction industry stakeholders feel “emboldened” or “threatened” by Amazon’s disruptive tactics? Could the company vertically integrate into a development, design, and construction operation that serves third-party clients? We tackle all of these questions in this article here at AEC Labs.read more
SaaS Contech Startup, Reconstruct, Integrating AI, BIM to Boost Productivity and Predict Problem Projects
Reconstruct calls itself an integrator of the “ABCs” of construction tech (artificial intelligence, BIM, and computer vision); its product is a software tool that simultaneously applies reality capturing, BIM, and project scheduling. It assembles images and data from drones, handheld cameras, and laser scanners to create 3D models of a project during construction. Simultaneously, the model integrates the project schedule from Oracle’s Primavera, Microsoft Project, and BIM models.read more
The Seattle-based construction tech startup Unearth has announced another round of funding, which it will use to launch its software product that captures a digital a snapshot of what’s happening on a construction project site in real time; the company says it saves project stakeholders time, boosts efficiency, and can help prevent margin erosion.read more
The Future of the Built Environment: What New Technology Will Be Most Disruptive to the Construction Industry?
I had the pleasure of sitting on a panel at the first Builtworlds Project Conference in New York City that discussed the future of the construction industry. What technologies will be most disruptive both in the short- and long-term? Where are our respective AEC organizations seeing specific challenges and opportunities for innovation? In this article, I’ve outlined some of those questions as posed to the panel with my own answers.read more
Integration is a hot buzz word in construction right now so it shouldn’t be surprising that a lot is happening in today’s construction tech startup world around prefab and modular technology. Recently, another Australian startup has secured seven-figure funding for a modular construction solution. Based in Perth, Pro9 Global has raised $8M to build a manufacturing facility in Sydney for its prefab wall, window, and facade systems.read more
This is a response piece to a list of 8 design firm inefficiencies recently discussed at Building Design + Construction magazine. In it, we analyze each, and suggest how construction tech could provide a solution. Our biggest takeaway? The AEC industry is changing rapidly on numerous fronts, and firms need to adapt and evolve or otherwise risk becoming obsolete.read more
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