Tag: construction technology

March 13, 2024

As spring construction season begins, staying on top of new tech trends is important to builders looking to maximize output and slash costs. Here are five recent announcements from software makers and other tech providers about new offerings or updates […]

January 3, 2024

Going into the new year, staying on top of new tech trends is important to builders looking to maximize output and slash costs. Here are five recent announcements from software makers and other tech providers about new offerings or updates […]

October 11, 2023

New technologies have entered the marketplace, designed to help contractors do their jobs. Here are some of the most recent releases from this fall. Leica Geosystems The Leica BLK2FLY — an unmanned aerial vehicle from Leica Geosystems, part of the […]

September 27, 2023

Financial services firm Flex raised $120 million in a Series A equity and debt financing round, according to a Sept. 19 press release. The firm raised $20 million in equity capital, led by Tampa, Florida-based Florida Funders. San Francisco-based investment […]

August 28, 2023

The Construction Market Forecasting Service (CMFS) 2023 second quarter edition predicted that starts would rise 2% in 2023. That level of growth is minuscule compared with 2022, when total construction starts rose 15% from the previous year. One risk the […]

March 28, 2023

Here are six recent announcements from software makers and other tech providers about new products or updates to existing products that are designed to smooth out the construction process for contractors, subs and owners: Autodesk The company’s new AutoSpecs in […]

August 12, 2022

Even in times of pandemic and uncertainty, construction continues to be big business. In 2021, new constructions in the US were valued at almost $1.6 trillion, and data shows it’s forecast to reach over $2 trillion in 2025. Construction spending […]

June 15, 2022

Despite uncertain economic conditions, a war in Ukraine and looming fears of a recession in the United States, the wheels on the venture capital bus continue to go ‘round and ’round all through the construction technology sector. With a growing […]

June 6, 2022

Mobilizing and dispatching equipment is part of every construction company’s daily routine. Current construction technology has made the process of managing equipment and other asset and labor resources more efficient, and a complete and thorough solution for construction resource management […]

April 4, 2022

Technology is a big investment, and it’s common for contractors to invest in multiple systems for different operations to run their businesses. When these systems are not integrated, getting the right information to the right people at the right time […]

March 14, 2022

Versatile, a construction technology company that captures critical data from project sites to help construction professionals improve production rates and support daily planning and reporting, recently teamed up with Dodge Construction Network to offer the industry a new approach to […]

March 3, 2022

Construction technology company ICON unveiled its newest 3D-printed project, “House Zero”, designed by Texas-based firm Lake|Flato Architects. The project is the first in ICON’s “Exploration Series,” which seeks to highlight the architectural possibilities enabled by additive construction and develop new […]

February 9, 2022

Companies focused on software and technology for construction firms have received millions of dollars in investor funding over the past few months. The industry saw a record $2.1 billion in funding pumped into its coffers last year, and contractors are […]

January 12, 2022

The construction industry had a challenging but positive year in 2021, and the growth of construction technology has been one of the bright spots. With the pandemic forcing faster adoption of technological tools, experts and investors are recognizing the sector’s […]

November 3, 2021

When it comes to construction technology, there is a lot of noise. For a large contractor like Swinerton, teams must filter through the static to help parse out which solutions can actually be helpful on the jobsite. This summer, the […]

October 6, 2021

After a slight dip in 2020 as activity in the U.S. slowed due to uncertainty caused by the pandemic, contech funding exploded in 2021. Early stage funding in 2021 reached $738.3 million, while late stage funding increased to $1.1 billion, […]

September 13, 2021

As many as half of every organization’s employees are going to quit. Not for salary reasons, a lack of benefits, or even a desire for more vacation time. Studies show they’re going to leave because they aren’t being given flexibility […]

August 11, 2021

Katara said the bill provides massive opportunities to firms in a “rising tides raise all boats” scenario. Katara called the bill “a once in a generation opportunity to do something transformative.” The bill includes billions of dollars in funding for […]

June 28, 2021

Here at GCPay, we have one big, audacious goal—fixing the application for payment process. I’d even argue we share that goal with you. But, without the help of technology and software, that goal may be very hard to achieve. Construction […]

January 21, 2021

Great news! ConstructConnect bidding and estimating tools were again ranked as the most popular software solutions available by those participating in the annual Construction Technology Report by JBKnowledge. Ever since the survey began in 2012, the report has sought to present […]