Tag: Adoption
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Simplismart Secures $7M to Make AI Adoption Easier for Enterprises
AI adoption is skyrocketing, with OpenAI projected to generate over $10 billion in revenue next year. However, many businesses still struggle to integrate AI into their operations. Simplismart, a company founded by former Oracle and Google engineers, aims to address this challenge by simplifying AI deployment. With a recent $7 million funding round led by…
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Tailwind for Technology Adoption on Construction Sites
My guest on the AEC Business Podcast is Jeevan Kalanithi, CEO of OpenSpace, the AI-powered construction technology company. We discuss OpenSpace’s customer survey that clearly shows how technology adoption has increased on construction sites across the world. We also touch on construction technology investments and how to deploy new tech in construction. OpenSpace provides 360°…
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AXA XL Recognizes Three Contractors For Pioneering Tech Adoption
AXA XL’s Construction insurance business recognizes three contractors for pioneering implementation of risk-reducing technologies and achieving the highest scores in its Technology Adoption Maturity Index (TAMI) scorers for 2021. Boston-based, national builder Suffolk and Jacksonville, Florida-based Haskell received silver honors for their tied score, while PCL Construction, based in Edmonton, Canada, received gold honors for receiving the TAMI’s highest score in…
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A Vision and Strategy for the Adoption of Open International Standards
The final report of RASTI is now available in English. The project outlined a national vision and strategy for the adoption of open international standards in the real estate and construction industries. The Finnish version includes several appendices. One of the frameworks that RASTI devised was a built environment life-cycle process map. It is derived…
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LetsBuild Sets Out to Solve Problems with On-site BIM Adoption
LetsBuild, recently formed by the merger of Belgian APROPLAN and Danish GenieBelt, will soon be launching an ambitious BIM product. LetsBuild wants to seamlessly link on-site activities and checks to the project’s BIM model. Just as importantly, the company is focusing on ensuring easy adoption by site teams. Most companies in the construction industry are…