Sanjay Gangal interviews Tanja Kufner, Head of Startups & Venture Investments at the Nemetschek Group, and Sarah Crawley and John Ryan, co-founders of SymTerra.
Tanja, the Nemetschek Group has recently invested in the UK-based startup SymTerra. Why SymTerra?
Tanja: SymTerra offers a site communication platform that facilitates communication, collaboration, and visibility across the supply chain in construction. This enables different stakeholders to work closely – and better together. Investing in SymTerra perfectly aligns with our strategy of driving innovation and digitalization throughout the entire value chain of construction. I’m very happy that the investment in SymTerra will help stakeholders to achieve better project results, as the productivity of the construction industry grew by only one percent annually over the last 20 years. As a result, the industry lags far behind other sectors, not only in terms of digitalization, but also regarding efficiency. That’s where we see a perfect fit between our mission to drive efficiency and SymTerra’s solution.