Tag: Business Development
-
Building a Successful AEC PoC
“Can a robot navigate on a construction site and collect information for situational awareness?” “Does a construction process ontology help combine information from multiple sources to support construction management?” “Can a digital twin platform serve for visualizing 3D zoning data?” These are some of the questions our clients have answered through Proofs of Concept (PoCs).…
-
Building a High-Tech Powerhouse Inside a Construction Giant
Katie Coulson discusses how Skanska Advanced Technology is leading the way in high-tech and semiconductor construction. The post Building a High-Tech Powerhouse Inside a Construction Giant appeared first on AEC Business. View the original article and our Inspiration here
-
Building a High-Tech Powerhouse Inside a Construction Giant
Katie Coulson discusses how Skanska Advanced Technology is leading the way in high-tech and semiconductor construction. The post Building a High-Tech Powerhouse Inside a Construction Giant appeared first on AEC Business. View the original article and our Inspiration here
-
From BIM to BMI: What AEC Leaders Are Overlooking in the AI Era
Gulnaz Aksenova recently shared with me a research paper that discusses business model innovation (BMI) in AEC consultancies in the age of AI. She and co-author Rich Synott CEng FICE refer to several timely studies and examine why and how BMI is necessary to achieve a competitive advantage through the use of AI. Boosting efficiency…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…