Over-customization of construction software solutions and a lack of integration are holding back digital transformation of the construction industry, argues Rob Ramsay of Causeway Technologies.
#contech #software #aecbusiness https://www.pbctoday.co.uk/news/digital-construction-news/customisation-culture-holds-back-digital-maturity-in-construction/132342/

Full implementation of IPD or other forms of alliance contracting isn't for everyone. Collaborative contracting treats projects as mutual enterprises within the boundaries of traditional contracts.
#contech #IPD #aecbusiness https://www.mckinsey.com/capabilities/operations/our-insights/collaborative-contracting-making-it-happen

Hyundai Engineering Co. is developing a conversational AI program for use in the plant and construction sectors with Jenti AI, a startup specializing in AI research and development of related solutions.
#contech #AI #aecbusiness https://www.kedglobal.com/artificial-intelligence/newsView/ked202308300013

𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗮𝗻𝘁𝘀 𝗮𝗿𝗲 𝘀𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗵𝗶𝗴𝗵𝗲𝘀𝘁-𝗽𝗮𝗶𝗱, 𝗵𝗶𝗴𝗵𝗲𝘀𝘁-𝗰𝗵𝗮𝗿𝗴𝗶𝗻𝗴 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹𝘀 𝗶𝗻 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱. 𝗖𝗼𝘂𝗹𝗱 𝗔𝗜 𝗯𝗲 𝗰𝗼𝗺𝗶𝗻𝗴 𝗳𝗼𝗿 𝘁𝗵𝗲𝗶𝗿 𝗷𝗼𝗯𝘀?
#AI #aecbusiness https://sifted.eu/articles/ai-management-consultant

From go/no-go decisions to proposal development, firms already use AI technology in surprising ways.
#contech #AI #aecbusiness https://www.constructiondive.com/news/ai-can-help-contractors-understand-the-risks/690829/

At the NXT DEV conference, Aaron Perry of the Open Letters Group, announced a free to all Future AEC Software Specification backed by global firms such as BIG, HOK, Herzog & de Meuron, KPF, Woods Bagot, and ZHA.
#contech #aecbusiness https://aecmag.com/bim/the-future-aec-software-specification/

Here are some Extended Reality vendors focusing on the AEC industry today.
#contech #AR #VR #MR #aecbusiness https://www.xrtoday.com/mixed-reality/the-top-architecture-engineering-and-construction-aec-vendors-for-2023/

Brilliant Labs announced the release of its arGPT smart glasses platform. Compatible with Apple's iOS operating system, it will enable ChatGPT on smart glasses and wearables.
#contech #AI #AR #aecbusiness https://www.xrtoday.com/augmented-reality/brilliant-labs-unveils-argpt-monocle-for-ios/

Digitalization will help the building industry exploit the circular economy by recovering, reusing and recycling materials, says a report by the BSI.
#contech #sustainability #circularity #aecbusiness https://www.ribaj.com/culture/bsi-group-how-digitalization-will-unlock-circular-construction

Virtual power plants: The likely future of power generation can be glimpsed in Germany, where in 2022 energy company Next Kraftwerke passed the 10,000-megawatt mark of networked capacity – enough energy to serve about 5 million US homes.
#energy #aecbusiness https://www.cnet.com/home/energy-and-utilities/what-is-a-virtual-power-plant/

Aligning the BIM model with the owner's asset management system is the crucial first step in creating a Digital Twin. By following these guidelines, organizations can harness the power of Digital Twins to optimize facility management, maintenance planning, and decision-making throughout the building's lifecycle.
#contech #BIM #digitaltwin #aecbusiness https://www.bdcnetwork.com/creating-foundation-digital-twin

The EU Commission, the EU Council, and the EU Parliament have now entered the final closed-door negotiations (“Trilogue”) to agree on a final text of the EU's ambitious AI Act based on their three diverging proposals.
#contech #AI #aecbusiness https://www.jdsupra.com/legalnews/eu-ai-act-the-world-s-first-1675350/

Zainab Anwar and Olivia Jenkins consider the potential value of multiple AI-driven technologies on construction projects.
#contech #AI #blockchain #aecbusiness https://constructionmanagement.co.uk/can-ai-be-trusted-to-identify-project-liability-risks/

Carbonation causes cement-based products to act as natural carbon sinks, sequestering CO2 from the air and storing it permanently. Chemically-induced pre-cure carbonation increases this capability.
#contech #sustainability #aecbusiness https://news.mit.edu/2023/damian-stefaniuk-boosting-concretes-ability-as-natural-carbon-sink-0810

PBC Today sat down with Graitec Executive Vice President Vicky Davenport to discuss all things construction software, BIM, and emerging technologies.
#contech #BIM #aecbusiness https://www.pbctoday.co.uk/news/digital-construction-news/construction-software-news/discussing-digital-transformation-graitecs-vicky-davenport/130945/

Roger Brereton, head of sales at steering systems manufacturer Pailton Engineering, assesses the challenges facing the construction equipment industry as it prepares for a world of autonomous operation.
#contech #aecbusiness https://www.constructiontechnology.media/news/is-construction-ready-for-driverless-vehicles/8030788.article

How digital twins have evolved, with the help of geospatial data, to capture more complex environments than ever.
https://www.geoweeknews.com/blogs/geospatial-digital-twins-offer-unmatched-clarity-for-complex-systems
#contech #digitaltwins #aecbusiness

While venture funding activity has slowed, CarbonCure, Transcend, and Skillit continued to pull in investments.
#contech #startups #aecbusiness https://www.constructiondive.com/news/3-contech-firms-snare-some-summer-cash/690358/

The Portuguese construction industry has made a big step towards its digital transformation. The GrowingCircle project – an international initiative between Portugal and Norway to set up a digital product catalog in Portuguese and promote digitalization – has now evolved into producing a Portuguese national data dictionary.
#contech #aecbusiness https://www.constructiontechnology.media/news/is-portugal-on-the-fast-track-to-digitising-its-construction-industry-/8030434.article

This article by CEMEX Ventures explores what a startup accelerator program is, how they differ from incubators, what percentage of equity they take, and what their benefits are.
#contech #startups #aecbusiness https://www.cemexventures.com/startup-accelerator-what-is/