Tag: Industry
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AEC Industry Outlook Survey for 2022
We surveyed more than 500 architecture, engineering, and construction professionals looking for their thoughts on the future of the AEC industry in 2022. We discovered that AEC firms are on the hunt for new opportunities in 2022, but still reeling from lessons learned in 2021. This article delves into the 2022 AEC Industry Outlook Survey,…
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Artificial Intelligence is Transforming the Construction Industry
The Construction Industry is working with progressive technologies like Artificial Intelligence (AI) for efficiently executing construction jobs. According to the research conducted by ‘Construction Business Owner’, AI expense is anticipated to cross $4.5 billion by 2026, with the potential of enhancing profits to 71% by 2035. Starting from building design, bidding, financing & procurement to…
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Document Crunch Won the Biggest Construction Industry Startup Competition
CEMEX Ventures, together with Dysruptek, Ferrovial, GS Futures, Hilti, VINCI Group’s Leonard and NOVA by Saint-Gobain, have announced the ten winners of the Construction Startup Competition 2021. Document Crunch, an AI-powered software to identify and explain critical issues in construction contracts, was chosen as the gold medalist of the 2021 edition. The Pitchday took place…
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OpenBuilt Platform Accelerates Digitalization of the Construction Industry
IBM, Red Hat and Cobuilder have announced a global collaboration to co-develop OpenBuilt, a new platform designed to help securely connect fragmented construction industry supply chains. Built on Red Hat OpenShift and running on IBM Cloud, OpenBuilt will offer new digital solutions to help innovate and drive more efficient, sustainable, and safer construction projects. A cross-industry…
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Do you speak my language? – Programming for the AEC Industry
At VIATechnik, we are constantly exploring and analyzing different programming languages to identify which tools align best with project goals. Here’s what we’ve learned. As digital technologies become more pervasive in the design and construction space, the industry is no longer an exclusive domain to architects, engineers, and contractors. Many processes related to building design and construction increasingly depend…
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Agility as a Winning Strategy for the Post-COVID Construction Industry
How has the pandemic changed the behaviors of built environment companies and how can they prepare for the uncertain future? A new study suggests agility as a key strategy for the construction industry. VIATechnik conducted the research study along with Gregg Young, an experienced real estate leader, and Denise Akason, a Professor of Real Estate…
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Building 2030 Consortium Transforms the Finnish Construction Industry
Building 2030 is a Finnish consortium of 19 construction industry companies, led by Aalto University. The consortium has devised a vision for the industry and supports research projects in the field. The consortium published a video to summarize their accomplishments to date. Visit https://www.aalto.fi/en/building-2030 for more information. The post Building 2030 Consortium Transforms the Finnish…
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Five Industry Leaders Launch 2020 Construction Startup Competition
CEMEX Ventures, Ferrovial, Hilti, VINCI Group’s Leonard, and NOVA by Saint-Gobain launch the 2020 Construction Startup Competition, seeking entrepreneurs and startups to drive innovation in the construction industry. The call will be open to participants from around the world from May 19 through July 26. CEMEX’s Corporate Venture Capital Unit, announced today the launch of…
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Five Industry Leaders Launch 2020 Construction Startup Competition
CEMEX Ventures, Ferrovial, Hilti, VINCI Group’s Leonard, and NOVA by Saint-Gobain launch the 2020 Construction Startup Competition, seeking entrepreneurs and startups to drive innovation in the construction industry. The call will be open to participants from around the world from May 19 through July 26. CEMEX’s Corporate Venture Capital Unit, announced today the launch of…
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KONE is Shaking Up the Industry with BIM
KONE supplies elevators, escalators, autowalks and maintenance and modernization solutions. I sat down with Kenneth Flannigan to discuss how BIM is changing KONE and what it means to the industry. Ken Flannigan KONE operates in over 60 countries, has around 1.3 million units in service, and moves over one billion people per day. The company’s…