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Here are our picks from news about construction innovation and technology. Subscribe to the AEC Business Newsletter and keep tabs on our updates and news.

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May 23, 2024 | Industrialized construction

Why technology has not transformed building

This BBC article presents some technological advancements in the construction industry but wonders why construction still mirrors the manual labor intensity of the 1920s.

#contech #aecbusiness

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May 22, 2024 | AI

Scammers siphon $25M from engineering firm Arup via AI deepfake ‘CFO’

Cybercriminals utilized AI video deepfakes to falsely pose as Arup’s CFO and other employees, leading a staff member to transfer $25 million to Hong Kong bank accounts.

#contech #AI #aecbusiness

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May 21, 2024 | AI

Australian startup SpatialAI raises $3.4M to advance AI in architecture and construction

SpatialAI is initially focusing on billion-dollar projects in the construction industry with a suite of AI-powered copilot solutions to optimize construction workflows.

#contech #AI #aecbusiness

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May 21, 2024 | AI

Cementation Skanska implements “thumbs up” AI human detection system technology

Cementation Skanska is mandating the use of an AI-backed human detection system technology across its fleet of large-diameter piling rigs and cranes.

#contech #AI #aecbusiness

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May 21, 2024 | AI

The future of the UK’s geospatial mapping: AI or alarming interference?

Will AI be a labor-saving, efficiency-boosting imitator of human intelligence for the UK’s geospatial mapping or an alarming interference?

#contech #AI #aecbusiness

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May 17, 2024 | Business development

UK needs 250,000 extra construction workers by 2028

The Construction Industry Training Board’s annual industry forecast has highlighted the need for extra construction workers to keep up with the rising demand.

#contech #aecbusiness

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May 16, 2024 | Smart construction

What AEC can learn from manufacturing about digital transformation

Arvind Rao of Edge Platforms explores what AEC can learn from the digital strides taken by manufacturing. A platform-based approach could be the game-changer, promoting seamless integration across all construction phases.

#contech #aecbusiness

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May 16, 2024 | Extended reality

Demystifying Universal Scene Description, USD

A panel webinar exploring USD and its significance in 3D workflows on May 21, 2024, 1:00-2:00 pm ET. Marco Tillman of NVIDIA, Kim Nyberg of Trimble, and Dave Braig of Cesium discuss, and Matt Collins moderates.

#contech #aecbusiness

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May 16, 2024 | Smart construction

5 contech firms announce funding in 2024’s first half

Drone-powered roof inspections, cloud-based estimating solutions and fungi-fueled recycling tech earned venture capital in recent months.

#contech #startups #aecbusiness

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May 15, 2024 | Smart construction

Procore Releases Connected Solution for Preconstruction

Procore just launched a connected preconstruction platform that consolidates BIM, Coordination, Estimating, Bidding, and more into one cohesive solution. Procore’s Will Lehrmann says this innovation stems from direct industry feedback.

#contech #aecbusiness

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May 14, 2024 | Smart construction

dTwin: A revolutionary solution for the AEC/O industry

dTwin offers various opportunities to create a digital twin, from BIM 3D models to 3D laser scanning or 360° photography. Even if only 2D drawings are available, the digital twin can be quickly built up from them.

#contech #digitaltwin #aecbusiness

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May 14, 2024 | Smart construction

How is your project tracking? Automation ensures you always know the answer.

The construction industry faces $2 trillion annually in cost overruns, of which 40% could be avoided through better management controls, so the push for automation is critical.

#contech #aecbusiness

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May 13, 2024 | Industrialized construction

Automation is Bedrock of Productivity – Built Robotics Exec’s Construction Tech Forecast

We’re at an inflection point with autonomous tools: In the next five years, we’ll see widespread adoption of advanced technologies in construction, says Erol Ahmed, director of communications at Built Robotics.

#contech #robotics #aecbusiness

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May 13, 2024 | Business development

Successful contractors don’t fight change. They embrace it.

“What got you here won’t get you there,” emphasizing the necessity of change for growth. Successful organizations adapt constantly, while struggling ones remain static.

#contech #aecbusiness

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May 8, 2024 | Smart construction

Construction Startup Competition 2024 Launched

The biggest competition for startups in the construction industry has started. You can apply from May 7 to June 30, 2024.

#contech #startup #competition #aecbusiness

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May 7, 2024 | Smart construction

Comprehensive analysis of BIM adoption: From narrow focus to holistic understanding

This study reviewed 146 papers on BIM adoption within AECO organizations. BIM significantly interacts with various organizational elements, such as environment, power dynamics, social structure, and culture, necessitating comprehensive changes and strategies before and after adoption.

#contech #BIM #aecbusiness

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May 7, 2024 | Smart construction

Navigating the Adoption of 5D Building Information Modeling: Insights from Norway

The study on 5D BIM in Norway involves case studies and interviews with industry professionals to explore the technology’s practical challenges and opportunities.

#contech #BIM #5D #aecbusiness

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May 6, 2024 | Smart construction

Entries open for bauma construction innovation awards

Entries have opened for the bauma Innovation Prize, which recognises construction innovation across categories including climate protection, digitalisation and research.

#contech #aecbusiness

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May 4, 2024 | AI

Sam Altman says helpful agents are poised to become AI’s killer function

Sam Altman envisions that AI tools will become even more enmeshed in our daily lives than smartphones.

#contech #AI #aecbusiness

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May 3, 2024 | Smart construction

Collaborative nature of Archicad model brings city campus to life

Bond Bryan and Simpson Haugh collaborated to create a modern city centre campus for Manchester College and UCEN using Archicad. The project involved multiple software integrations through IFC, combining Archicad, Revit, Vectorworks, Navisworks, and 2D files coordinated by Solibri. VR, specifically Graphisoft’s BIMx, was used to immerse clients and help them visualize the campus design.

#contech #BIM aecbusiness

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