PropTech Breakthrough’s Post

The construction and real estate industries are experiencing major changes due to rapid technological advancements and shifting market demand. This article explains how these sectors are leading a technical revolution. https://lnkd.in/d2GJsJ2G

Good news for construction firms: Construction technology earned a record $50 billion in funding in 2020-2022. As new developmens emerge, read this article to make investments that ease your staffing pains: https://lnkd.in/gpcP-Y66 #Skinner #Construction #ConstructionTech

#WednesdayWisdom Here is a great read by Let's Build on the technological revolution that is reshaping the construction sector in 2024. https://lnkd.in/dpHrqPHQ #Construction #constructiontechnology #ConstructionTrends #bringingconceptstolife

Stay ahead of the curve with these five key construction trends! Read the full article with link in bio and let us know which one is your favorite 🚧 #ConstructionTrends #Innovation #Constructionindustry https://lnkd.in/gusD6WrM

The construction industry being slow to adopt tech and stuck in its analog ways is a misleading trope. In fact, many companies may be further ahead of the technology curve than people perceive. #HORNE #technology #construction

The construction industry being slow to adopt tech and stuck in its analog ways is a misleading trope. In fact, many companies may be further ahead of the technology curve than people perceive. #HORNE #technology #construction

🏗️ The "Plug & Play" Revolution: Prefab, 3D Printing, and Mass Timber Lead Way 🚧The construction industry is on the cusp of a transformation, with "Plug & Play" technologies such as prefabrication, 3D printing, and mass timber construction systems paving the way for a zero-carbon future. 🌐Global policymakers and investors rally behind these innovative solutions, recognising their potential to deliver safer, greener, and faster construction processes. 🔑 Key Insights: 1️⃣ Rapid, Sustainable Construction: Canada is at the forefront, with companies like Assembly Corp receiving significant investments to advance mass-timber plug-and-play solutions. 2️⃣ Global Adoption and Innovation: From Canada's pioneering efforts to Saudi Arabia's ambitious NEOM project, the adoption of mass timber and other sustainable construction materials is gaining momentum worldwide. 3️⃣ Legislative Support and Union Advocacy: Governments are updating fire codes and zoning laws to support the use of mass timber, promoting higher-density, low-carbon housing options. 🗣️ #questionforgroup: As "Plug & Play" construction technologies become more prevalent, how can the industry ensure these innovations are accessible and beneficial across different markets? What role can governments and unions play in accelerating the adoption of sustainable construction practices? 🔗 Explore the Future of Construction Tech: https://lnkd.in/gSrm3_uz 💬Dive more profoundly into how prefabrication, 3D printing, and mass timber are set to redefine construction. Learn about the global initiatives pushing for a greener, more efficient building process and the potential impacts on urban development and housing accessibility. #construction #masstimber #timber #masstimberconstruction #sustainablebuilding #greenbuilding #prefab #netzero #modularbuilding #modularconstruction #prefabrication #prefabconstruction #engineering #crosslaminatedtimber #mining #woodcentral #woodcentralau1 #woodsolutions #theultimaterenewable

As technology advances, digital twins offer promising benefits for smaller construction businesses, helping them stay competitive. Richard Clement, Smart Construction, shares his thoughts on the use and benefits of digital twins for smaller enterprises. https://bit.ly/3Vczwyo

“If you took a worker from a 1920s construction site and transported them to a present day project, they would not be that surprised by what they saw, according to Sam O'Gorman. "Overall, across Europe and the US, stuff is still built in a pretty manual fashion - not very different to the way it would have been built 100 years ago," says Mr Gorman, an associate partner in the property practice of consultancy firm McKinsey. Back in 2017, the McKinsey Global Institute concluded that the construction industry could improve productivity by 50 to 60% and boost the industry's global value by $1.6tn (£1.3tn) a year.” #ukhousing #housebuilding #construction #urbanplanning

I think it’s a misconception that construction is slow to adopt new technology.  In fact, many companies I work with are pioneering advancements that are making work safer, more efficient, and sustainable. From design and planning to execution and maintenance, this tech-driven transformation is fueling growth and profitability across the industry.  If you have a few minutes, take a look at the latest tech developments that are receiving significant interest in the current marketplace from Construction Executive: https://lnkd.in/dk3Mxh8C