Construction Archives | Page 11 of 25 | CREtech

In line with the fourth industrial revolution, investing in technological automation has evolved from speculative to mission critical. The digital twin is at the forefront of this movement. First movers in healthcare, energy and transportation are driving inception and creating awareness. From a global market size of $3.1B in 2020, the digital twin is projected to reach $48.2B by 2026.1

Tooey’s path into entrepreneurship was unorthodox. He was a veteran of the first dot-com bubble, living in Santa Barbara, and had spent a decade struggling to get widespread adoption of Procore. A few times in those early years, the company even struggled to make payroll.

Ryan Freedman, General Partner at Alpaca Ventures, takes us through what areas of the industry have the most potential in the near future including construction tech, robotics, and 3D printing, and what his process looks like when evaluating a new investment opportunity.

Roofer Pro. Roof Snap. Acculynx. There’s suddenly no shortage of companies offering software to make easier the lives of roofers and their customers. Among these is Roofr, a five-year-old, San Francisco-based, 31-person sales platform for roofing contractors that just raised $4.25 million in post-seed funding led by Bullpen Capital, wit...

Jit Kee Chin, Chief Data & Innovation Officer at Suffolk Construction speaks to the value of data collection, how Suffolk Construction offers clients more value with integrated technology, and what her future technology roadmap looks like.

Construction technology may not be the sexiest of industries, but it is one where tremendous opportunity lies — considering it has historically lagged in productivity. And, lags in productivity means project delays, which typically costs everyone involved more time and more money.