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Posts Tagged ‘Nemetschek’

Shaping the World together: Innovative Startups and the Nemetschek Group

Thursday, May 19th, 2022

The construction industry is one of the world’s biggest emitters of CO2. Of all materials used in construction, 10% are unnecessary or are wasted, and 30% of all construction work is spent fixing errors. Also, 90% of all large construction projects overrun in terms of time or cost. Why is that the case? One of the most important reasons is the urgent need to catch up in terms of digitalization. The Nemetschek Group is driving innovation with their software solutions, combining it with investments in entrepreneurship and young, successful startups.

Driving Innovation within the Construction industry

Even in the planning and construction process, efficiency and sustainability could – and must – be significantly increased through comprehensive digitalization. Fortunately, a rethink is currently taking place among many stakeholders in the construction lifecycle – driven by an innovative, disruptive start-up industry that is providing countless creative ideas for more sustainable construction. The number of startups in the construction industry developing digital solutions to better connect machines, building materials, and people is growing steadily. In addition to know-how and entrepreneurship, these young entrepreneurs bring one crucial quality to the table: the power of persuasion to inspire the rather traditional, conservative, and fragmented construction industry to embrace their solutions. For example, Madaster, based in the Netherlands and Berlin, managed in a very short time to win 33 well-known German companies as supporters for its new online materials register. With Madaster, every registered building receives a so-called material passport, on which the amount of material, reuse potential, material value and the current residual raw material value are shown. This is a highly recent issue; for instance, the German government is planning the introduction of a digital building resource passport. This is also intended to promote a circular economy in the building sector. Madaster has its finger on the pulse here.
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Nemetschek Group and Reconstruct Discuss Artificial Intelligence in Construction

Wednesday, September 8th, 2021

Sanjay Gangal interviews Matt Wheelis, VP Build & Construct Division at the Nemetschek Group, and Zak MacRunnels, CEO Reconstruct Inc.

Matt, the Nemetschek Group just recently participated in the Series B financing round of the AI expert, Reconstruct. Why Reconstruct?

Reconstruct has developed advanced technologies to “close the gap” between the planned and actual performance on construction projects. It is very tedious to verify progress in the field, and this was made all the more challenging by the corona-crisis and travel restrictions. Typically, construction managers or their site supervisors walk the jobsite to verify the progress being made. This requires in-depth construction experience to understand the level of completion, compare it to the intended scope of work, and relate it to the schedule. That’s where Reconstruct’s SaaS software can assist, by collating reality capture data – including that collected by off-the-shelf 360-degree photography, drone data, and point clouds captured by laser scanners, comparing it using Artificial Intelligence (AI) to drawings and BIM models, and making intelligent assessments of progress.

Zak, you joined Reconstruct in 2018 as CEO. What is the the company’s mission?

Reconstruct®’s vision is to make the built world a better place to live, work, and play. With Reconstruct’s Visual Command Center™, we bring together reality capture, design, and schedule to provide construction and real estate assets remote quality control and automated progress tracking. Our goal is to become the next ‘verb’ in construction industry vocabulary as we aim to become the global digital standard for all real estate assets in the process of construction, inspection, or renovation.

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