Tag: <span>BuiltWorlds</span>

Tag: BuiltWorlds

The rise of AI in construction

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These days, when people hear the term Artificial Intelligence (A.I.), they typically react in one of two ways:

  1. They imagine talking robots and movies such as The Terminator, The Matrix and Ex Machina.
  2. They start shuffling in their chairs uncomfortably and freaking out about having no clue what the term means.

But thankfully, A.I. doesn’t have to be so complicated. And it’s so much more (and right now, a lot less scary) than world-dominating robots and talking machines.

In fact, A.I. tech is already infiltrating the built world. From design, to project management, to jobsite safety, Artificial Intelligence (A.I.) is transforming the way we construct our world.

It comes at the perfect time – Statista.com is projecting a 27% increase in construction spending in the coming years due to grave infrastructure needs. Simultaneously, the construction labor force is shrinking. Leveraging A.I. will be essential to keeping up with demand.

When you consider the possibility of having machines design buildings and monitor the jobsite more closely than ever before, it rapidly becomes clear the positive impact that A.I. can have on the industry and that it will no doubt have a place in its future.

So, with all of that, we wanted to provide you with a roadmap.

BuiltWorlds recently partnered with Microsoft to put together a six-page research brief titled “The Rise of A.I. in Construction” to help you make sense of this new technology and its potential impact on your business and the broader industry.

Inside the brief, you’ll learn:

  1. How to describe A.I. to your colleagues and friends
  2. The differences between A.I., machine learning, and deep learning
  3. Case studies of A.I. technologies that are revolutionizing the design process, scheduling and productivity, project management and jobsite safety
  4. Fresh perspectives on A.I. from built world thought leaders and predictions for the future

Access the research brief.

Note: This article first appeared on BuiltWorlds’ website and can be viewed here.

The 19 Biggest Venture Deals of 2017 (and early 2018)

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Dovetailing off of Built World’s Top 27 Venture Players report, they have put together the 19 largest AEC and real estate venture rounds of the past year. There were plenty of surprises.

Perhaps first and foremost is that the list kicks off with a $4.4 billion solo investment, which is fairly indicative of the sheer scale of funding entering the built industry. Over the past couple of years, Built Worlds has seen an increasing number of venture funds turning their focus to AEC and real estate tech. And they expect this momentum to continue, at least while construction industry spending is reaching all-time records ($1.26 trillion in November 2017 as reported by U.S. Census Bureau).

Allow this report to act as a weather vane. Which tech companies have serious wind in their sails and are ready to deliver big in 2018? From WeWork to Blokable, these are the young companies making the biggest waves.

Want additional insight on these deals? You can download the full PDF report with additional analysis at the bottom of the article.

Note: This article first appeared on BuiltWorld’s website and can be viewed here.

Roofing Technology Think Tank (RT3) and BuiltWorlds Partner

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Thought-leaders working together to promote technology in the construction and roofing space

Roofing Technology Think Tank (RT3), an emerging group of roofing industry thought leaders and BuiltWorlds, a community and network for forward-thinking leaders in the built environment (architecture, engineering, construction, real estate, and other buildings and infrastructure-related industries) announced their partnership to promote technology throughout the roofing industry.  The partnership will include joint promotion and knowledge sharing of cutting-edge technologies.

RT3 is focused on serving the needs of the roofing industry with ongoing education, research, and dissemination of their findings.  “The Roofing Technology Think Tank (RT3) is a consortium of thought leaders exploring emerging technology solutions for the roofing industry, striving to inform roofing contractors by bringing together progressive and disruptive solutions that help build the professionalism and appeal of the roofing industry,” is the mission statement recently created by the group.

Matt Abeles of BuiltWorlds hosted the group for the inaugural meeting at their corporate offices in Chicago.  BuiltWorlds has taken technology leadership within the general contracting and architectural communities to a new level.  They believe in innovation through collaboration, to push the built industry forward.  Abeles shared, “The construction or built world is powered by our oldest industry — one that is slow to move and slow to change.  We are committed to working with all areas of the construction industry and RT3 provides the perfect platform to reach the roofing industry with innovative technology and ideas.”

“We are thrilled to be working with BuiltWorlds,” stated Dale Tyler of National Roofing Partners.  “They were a key inspiration for us as we developed the idea of RT3.  We can provide feedback on the roofing space through BuiltWorlds to the larger AGC community while sharing their knowledge with our industry.  RT3 is about thought leadership and bringing technology into the industry that can help with labor and the overall professionalism roofing.”

 

About Roofing Technology Think Tank (RT3)
Visualized by Dale Tyler of National Roofing Partners and Heidi Ellsworth of RoofersCoffeeShop.com and HJE Consulting, the Roofing Technology Think Tank (RT3) is a group of progressive roofing professionals focused on technology solutions for the roofing industry.  The think tank strives to find innovative technology solutions to be used within the roofing industry.  RT3 provides insights from progressive thought leaders both inside and outside the roofing industry along with practical resources for implementing potential solutions successfully. The organization will encourage and enable contractors to embrace technology as they seek to grow their businesses.  With a commitment to disseminate technology and advancement of information, RT3 will help build the professionalism and appeal of the roofing industry.

About BuiltWorlds

Since its inception in 2014, BuiltWorlds’ mission — to be the catalyst for progress and innovation in the built environment — has never wavered. Today, it is a community and network for stakeholders in the many built sectors to come together and move the needle forward. Through its events, ecosystem, and supporting video and written content, BuiltWorlds is providing the tools, knowledge, inspiration, and connections to grow careers, companies, and the greater industry.

 

Shared from National Roofing Partners Blog.