Tag: AI

Reality capture, BIM and AI – Imerso, XYZ Reality and PointFuse

Nemetschek has led a financing round for Norway’s Imerso, whose platform combines reality capture, AI and BIM – areas also targeted by UK players XYZ Reality and PointFuse. Having invested in June 2021 in Sablono (post) [Update: and in July 2021 in US-based AI developer Reconstruct*], Germany-based Nemetschek Group has led a financing round  [financial …

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Permanent link to this article: https://extranetevolution.com/2021/12/reality-capture-bim-and-ai-imerso-xyz-reality-and-pointfuse/

viAct: AI-powered construction safety

viAct Danger Zones Alert

Recently receiving US$2m in seed funding, Hong Kong-based startup viAct is aiming to use artificial intelligence (AI) to create a “zero risk” smart construction site. Founded in 2016 and based in Hong Kong, viAct has developed an artificial intelligence (AI)-based cloud platform that provides construction sites with round-the-clock visual monitoring for quality, security, safety and …

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Permanent link to this article: https://extranetevolution.com/2021/06/viact-ai-powered-construction-safety/

Aerial data capture by Nearmap

Nearmap aerial view of Illinois expressway

In 12 years, Nearmap has grown from a Western Australian aerial imagery startup into a AU$106M business with extensive operations in the US. Founded by Stuart Nixon in Perth, Western Australia, in 2008, Nearmap provides a cost-effective and high resolution aerial photography alternative to data from satellite imagery services such as Google Earth or drone-captured …

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Permanent link to this article: https://extranetevolution.com/2020/12/aerial-data-capture-nearmap/

Design firms demand change at Autodesk

Autodesk Construction Cloud

A group of leading design practices have written an open letter to Andrew Anagnost, president and CEO of Autodesk to express concern at the increasing cost of ownership of Autodesk’s Revit software, its lack of development, and its poor support for interoperability. Seventeen well-known firms, including AHMM, Allies and Morrison, Aukett Swanke, Glenn Howells Architects, …

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Permanent link to this article: https://extranetevolution.com/2020/07/design-firms-demand-change-at-autodesk/

DECONT: Digital Enablers for Construction Transformation

IIoT Architecture

DECONT – Digital Enablers for Construction Transformation – is a Loughborough University research project looking at ‘Industry 4.0’ technologies. Dr Robby Soetanto from Loughborough University’s school of architecture, building and civil engineering was at FutureBuild last week (I first met him when I was industry examiner for an EngD candidate at the university a few …

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Permanent link to this article: https://extranetevolution.com/2020/03/digital-enablers-construction-transformation/

Hivemap startup pins hopes on cloud analytics

Hivemap issues

London-based startup Hivemap launched in early 2019, and is trying to disrupt the construction collaboration market by a focus on business data analytics. New Civil Engineer’s TechFest event in September 2019 featured a ‘Dragons’ Den’ style contest between five early stage technology businesses. Alongside the relatively mature EviFile* (see post) was a London-based company which …

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Permanent link to this article: https://extranetevolution.com/2019/11/hivemap-startup-cloud-analytics/

RIB continues M&A programme

Datapine laptop image

Germany’s RIB Software has invested in another India-based software business, bought a German business intelligence specialist, and acquired an Australian reseller. Stuttgart, Germany-based RIB Software, provider of enterprise software for the building, construction and real estate industries, has made a flurry of recent announcements, including another investment in an India-based software business, the purchase of a …

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Permanent link to this article: https://extranetevolution.com/2019/11/rib-continues-ma-programme/

HoloBuilder builds its European backing

US-based 360° reality capture technology provider HoloBuilder has announced new investments from three Germany backers to help fuel the construction technology business’s international growth. Having established an EU hosting base, the US’s HoloBuilder is extending its European operation still further. The artificial intelligence (AI) solution provider for 360° reality capture of construction projects, has announced …

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Permanent link to this article: https://extranetevolution.com/2019/08/holobuilder-builds-european-backing/

RIB invests in India IoT and AI specialist Winjit

Continuing its 2019 spending spree and extending its international footprint still further, Germany’s RIB Software has taken a 15% stake [updated} majority stake in an Indian tech company, Winjit. In the latest in a series of 2019 investments, RIB Software, the Stuttgart, Germany-based provider of cloud-based technologies for the construction and real estate industries, has …

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Permanent link to this article: https://extranetevolution.com/2019/08/rib-invests-india-iot-ai-specialist-winjit/

AI, Machine Learning, construction and bots

AI sector deal

Construction is waking up to the opportunities posed by artificial intelligence and machine learning to mine rich data and deliver powerful business insights and predictions. Artificial intelligence (AI), machine learning and data analytics have been mentioned sporadically in Extranet Evolution since 2013, when I looked at software tools used by India’s Transbit Technologies to automate …

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Permanent link to this article: https://extranetevolution.com/2019/02/ai-machine-learning-construction/

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