Category: Business Development
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Why Construction’s Cultural Shift Can’t Wait
The construction industry is at a crossroads. With 45% of survey respondents stating burnout as a primary reason people leave their companies, Procore Technologies‘s new report, “The Future State of Construction,” reveals the urgent need for cultural change. The report highlights that while technology is seen as a solution to many challenges, the crucial role…
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Beyond BIM: Building Empathy in AEC
Construction focuses on the most tangible and physical aspects of our environment. Yet, it is often described as a people-oriented business. If people are essential, psychology should be as important a research area as building information modeling or AI. Still, we mainly discuss technology, design, regulations, or financials at construction meetups. A delightful exception to…
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The Nordic Edge: Where PropTech Innovation Thrives
If you’re an investor looking for promising construction technology startups or a company wanting to collaborate with a startup, the Nordics is an excellent area to explore. This became evident during the annual Nordic PropTech Awards, which had over 150 finalists. The winners of the six award categories were announced on March 6, 2025, in Copenhagen. As…
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Venture Capital in the Built Environment: Still Strong, but Shifting Gears
The built environment startup arena is still buzzing, but the way money is flowing is definitely changing. According to the latest BuiltWorlds 2024 Venture & Investments Report, venture capital (VC) deal volume is up, but the total amount of cash coming in has dropped. In other words, investors are still writing checks, just smaller ones…
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It is Time to Assess Your Strategy
Does your AEC company have a live strategy? Many companies claim to have one, but it fails to answer some basic questions. What is strategy? There is no single, all-encompassing definition of strategy. The Economist noted in its March 1993 issue, “Nobody really knows what strategy is.” Professor Henry Mintzberg outlined five different ways to…
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Cost Efficiency as a Strategy
Cost efficiency is the strategic choice for many construction companies. When clients are well aware of what they want, and when many rules and regulations are guiding the buyer and the seller, competition on price prevails. What strategies are feasible when it comes to price competition? “Competitive forces are beyond the control of most individual…
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From Zero to Global Influence: Personal Branding in AEC
People in the AEC industry typically view branding from a narrow viewpoint–it concerns companies and products. I sat down with Vladimer Botsvadze, a global marketing expert and influencer, to discuss another dimension: personal branding and the opportunities it creates for individuals and companies alike. Vladimer Botsvadze Why build your brand? My definition of a personal…
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WDBE 2024
The seventh WDBE will take place on October 3-4, 2024, in Helsinki and Tallinn. The post WDBE 2024 appeared first on AEC Business. View the original article and our Inspiration here
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Recognizing Future AEC Leaders – AEC Business
I recently learned about the European Federation of Engineering Consultancy Associations’ fifteenth Future Leader’s Competition. On May 23, 2024, the organization awarded four individuals. Diego Apellániz Quintana from Germany was the overall winner. He created an innovative tool integrating AI, structural design, and CO2 assessment. The Digital & New Technologies award went to 29-year-old Matias…
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Tips for Successful R&D Project Communication
Project clients, end-users, influencers, students, funders, and the media all impact the ultimate success of an R&D project. How can you consider them in your communication and communicate effectively? My company, AE Partners, helps built environment R&D projects succeed through communication. Here are a few tips that we’ve found useful for your next R&D project!…