Smart Cities: What’s Next?
Smart cities are on the rise across the globe, as a result of increasing urbanization and the need to provide citizens with new technology, while also improving quality of life, addressing aging infrastructure, and a renewed focus on environmental sustainability.
Smart Construction Spurred with Acquisition
M&A (merger and acquisition) activity in the construction industry continues. Recently, Hexagon Geosystems division announced the acquisition of Melown Technologies, which develops mass-scale computer vision and advanced visualization technology for interactive web-based rending.
A New Twist in the Labor Shortage
Let’s talk about labor and hiring challenges for a minute. It will be a topic that we will talk about in depth at Constructech Technology Day, but a new report points to an interesting trend that is important to keep an eye on.
A Boost in Funding for Construction
In the past five years, the amount of investment in construction-technology companies continues to rise, as investors look at this market as one that is ripe for innovation. In an industry that needs solutions to complete complex projects in a quicker timeline, technology could be the solution, and investors recognize this.
Working Together
As construction projects become more complex and there is a greater amount of data created on each project being built, Leica Geosystems, part of Hexagon, announced further work with Autodesk, which will integrate Leica Captivate and iCON with Autodesk BIM 360.
Customer Choice Leads to Success
With construction projects becoming more complex and a continued lack of skilled workers, companies more often need to rely on software to help fill in the gaps. Technology can be key to help businesses become more efficient, and thus more profitable. In order to do this, contractors need choice.
Bentley Digs the Digital Twin
Sometimes listening to an update call is more than a revenue report update on the recent acquisitions and technology advancements being announced by a company; it’s really about the vision of the leader at the helm.
Tech Giants vs. Startups in Construction
Most of those working in technology in the construction industry recognize a big trend that has taken place in the past several years: the technology giants are getting bigger, mostly driven by M&A (merger and acquisition) activity.
Keeping Track with Cloud-Based Solutions
The integration of the IoT (Internet of Things) on construction jobsites is helping construction companies save costs on lost and stolen equipment. Technology proves to be a solution to find expensive equipment that is not registered under a database.
