BuiltWorlds

Have you heard it's our 10 Year Anniversary? Well, it is. And we're celebrating! All year long, we'll be looking through the archives, sharing our favorite moments, lessons, and insights from the past decade—during which we've gone from a blog post to a global community of AEC stakeholders that includes many of the industry's most innovative and influential thought leaders and decision makers. One of the accomplishments we're most proud of is in the development of our research program, which provides user insights into myriad tech categories and capabilities. While typically a benefit exclusive to our members, in celebration of our 10 Year Anniversary, we wanted to give the greater AEC community a chance to explore and hopefully learn from and apply one of our annual benchmarking reports. With that in mind, we invite any and all to please check out our 2023 Project Management & Oversight Report: https://lnkd.in/g8MU22nT In it, readers will find actionable data into the tech solutions available for enterprise resource planning, business intelligence and data analytics, accounting and payment, and collaboration and document management. Enjoy!

It used to be said that robotics would never work in construction because the process isn't repeatable/predictable enough. What should have been said is that robotics wouldn't work yet. Construction isn't like manufacturing, which has been successfully using robotics for the past several decades (to great effect, we might add—just look at manufacturing's huge productivity gains over the same time period). It's subject to countless variables, some of which contractors and workers may have little to no control over (like the weather or site conditions). But while robotic technology may not have made sense for construction 40 years ago, or really even 10 years ago, it makes sense today (or at least makes a lot more sense). Today there are robots that can lay bricks, install product, move earth, demolish structures, provide project updates, and much more. There are robots that walk, fly, and move on wheels. There is an entire industry rapidly expanding to meet the growing needs and demands for robots in construction. It's a good thing for the industry to have more opportunity and options for improving jobsite productivity. But it's an admittedly tough thing for contractors to have to navigate and furthermore understand the growing complexities of those opportunities and options. During our 'Automating Construction and Maximizing Efficiency with Robotic Solutions' panel as part of our upcoming Construction Tech Conference in Chicago, BuiltWorlds Research Analyst Audrey Lynch will lead robotic and construction experts from BotBuilt, PERI, Illinois Institute of Technology, and Formant in a discussion about the evolution of robotic solutions in construction as well as what and where the opportunities are for using robots to increase efficiency, productivity, safety and more on the jobsite. See our full Construction Tech Conference agenda and register here: https://lnkd.in/gWjajxKV

"In a world where digital communication is the norm, there's something uniquely powerful about face-to-face interactions. While working digitally through online meetings and emails is incredibly efficient and allow us to connect globally with ease, there’s a unique magic that happens when we finally meet in person." This. We love the flexibility digital and virtual communications allows, but there is no true substitute (at least not yet) to meeting face to face. That is why we create spaces for AEC stakeholders to come together, network, share ideas and learn. See our full schedule of upcoming events here: https://lnkd.in/gEzU_qG

Partners like Leonard are a great example of the power of collaboration and cooperation. Thank you so much for helping us connect the industry and inspire continued innovation!

"The exhibition and pitch session were splendidly organized, and the feedback we received at Kontrad highlights the pressing need for our AI-based competitive tender management system for project contracts. "The edifying panel discussions on AI yesterday were particularly inspiring! They bolstered our efforts to provide our customers with even more granular information and metrics on bidders' compliance with key tender requirements, including critical issues such as alignment with complex CO2 emission regulations." We love hearing this kind of feedback about our events. I think we can officially say the 2024 Paris Summit was a huge hit!

Building a better built world requires that innovators and entrepreneurs be willing and able to solve the sometimes new, sometimes persisting problems the AEC industry face. Our Demo competitions provide a platform for which said innovators and entrepreneurs can showcase their solutions to an engaged audience of industry leaders and professionals. If you're a startup interested in presenting at one of our Demo competitions, feel free and encouraged to apply here: https://lnkd.in/gVB4463u

We love seeing/hearing all the positive takeaways and experiences had at our recently wrapped 2024 Paris Summit. The conversations, connections and content proved insightful and valuable, and got us even that much more excited for next year's Summit! If you just can't wait until Paris 2025, feel free and encouraged to register for any of our other upcoming events. Construction Tech Conference: https://lnkd.in/gWjajxKV Toronto Summit: https://lnkd.in/eCuX2Gzf Infrastructure Conference: https://lnkd.in/eD5afRcn Tokyo Summit: https://lnkd.in/em-Ubjfk Venture East: https://lnkd.in/e7uxP55E Offsite Construction: https://lnkd.in/eNWvZuRm

BuiltWorlds events aren't just places for connecting and learning, they're also a place where innovation and business happens. And in that vein—just as we did on stage at Bouygues Construction during our recent Paris Summit—we'd like to again congratulate Blackhorn Ventures on the recent close of its $150+ million fund focused on digital infrastructure and industrial decarbonization. “We are at a pivotal moment where the AI supercycle and the manufacturing supercycle are colliding with historic changes in our energy and transportation systems,” said Melissa Cheong, general partner at Blackhorn Ventures. "“Our third fund is well positioned to support founders at the forefront of industrial AI, addressing critical labor shortages and delivering scalable decarbonization solutions." To learn more about Blackhorn and the closing of its latest fund, check out our coverage here: https://lnkd.in/gzcmY9hr

Rhumbix is a cloud-based construction Field & Workforce Management solution that consolidates and digitizes multiple workflows—including timekeeping, production tracking, equipment tracking, T&M and health & safety reporting—into a single platform, providing unprecedented visibility and control into field operations. To learn more about all our 2024 Smart Jobsites Top 50 companies, check out the full list here: https://lnkd.in/gAYUQwmU

Are you prepared for AI in construction? What does it even mean to be prepared? And if you are prepared, what's the real benefit of that? How is AI going to actually, in real-world terms, help your business? These are questions you may have heard before, maybe to the point of tedium, but chances are you don't have clear answers. Artificial intelligence and machine learning technologies with construction-specific applications are being developed and subsequently proliferated with such speed that it would be hard for anyone not steeped in the technology to follow along. In our 'Smart Foundations: Preparing for AI and ML Integration in Construction' panel, slated for Day 2 of our fast approaching Construction Tech Conference in Chicago, BuiltWorlds Research Analyst Sofie Richardson will lead a panel of experts from GRAITEC GROUP, Autotech Ventures, Ryan Companies US, Inc. and Slate Technologies Inc. in a compelling exploration of the challenges and opportunities of AI/ML technologies tailored to construction, from predictive analytics to autonomous equipment, and how attendees can integrate them into existing workflows to expand capabilities and improve or create efficiencies. Register today and join the conversation: https://lnkd.in/gWjajxKV #ArtificialIntelligence #MachineLearning #AECIndustry