Construction Data​: Turning the new oil into concrete

Published on
March 6, 2024
January 28, 2022

Thanks for reading “Innovation and Proptech News”, a weekly newsletter with content about technology trends, market insights and the latest in the Proptech world. Globally.

There is an old joke in the data science community that goes like this.

There are 2 types of people in this world:

1: People who can extrapolate information based off of incomplete data

2: ..........

Construction, the cornerstone of many of the world economies, has been notoriously opaque for a number of reasons. What this means is that often Sponsors, GCs, PMs or DMs have had to acquire and run projects on experience or incomplete data sets - hampering project or capital efficiency.

The world is changing and we at the PTC, are seeing a number of options in the space that will tackle everything from Health + Safety (horrifically there is still 1,000 deaths per year on Construction sites in the USA - an increase of 33% from 2011) to solving the high waste levels of projects (in Australia alone there is the equivalent weight of 400 Sydney harbour bridges in waste produced each year, with a 1/3rd going into landfill).

Trends + construction: driven by data

No alt text provided for this image

Above is some of the broad trends we are seeing in market. Listen to the podcast below with Hugh Seaton to find out more on our thoughts in this space.

Link: https://constructedfutures.com/episodes/ivo-van-breukelen-stephen-macdonald-global-proptech-adoption-and-investment-insights-at-theproptech-connection

We at PTC, our constantly working with our network to bring opportunities to each of our client types - Investors, Tech Buyers or Proptechs. As such, we have a pretty unique view of the global market.

Please do send us your thoughts or reach out to work with us:

stephen@theproptechconnection.com

ivo@theproptechconnection.com

Feedback, comments, ideas are appreciated

Media archive

Filter by:
Category
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Building Information Modelling

June 27, 2024

The Proptechs Impacting "G" in ESG

June 19, 2024

Advanced Retail

June 3, 2024

Insurance Premiums for Residential

June 3, 2024

Asset Repurposing

June 3, 2024

The Future of Work

June 3, 2024

The AI Future

June 3, 2024

Construction Automation

June 3, 2024

Proptech Usage in Indian Real Estate

June 3, 2024

Impact of AR on the Home

June 3, 2024

Sustainability in Construction

June 3, 2024

Proptech Fun Facts & Insights

June 3, 2024

Proptech Fun Facts & Insights

June 3, 2024

Proptech Fun Facts & Insights

June 3, 2024

ESG + Real Estate + Benchmarking

June 3, 2024

Buildings as Batteries

June 3, 2024

What Does Proptech Mean?

March 6, 2024

Building Sustainability

March 6, 2024

Proptech Fun Facts & Insights

March 6, 2024

Brazil Builds

March 6, 2024

Proptech Fun Facts & Insights

March 6, 2024

Proptech Fun Facts & Insights

March 6, 2024

Proptech Fun Facts & Insights

March 6, 2024

Be smart...choose Smart

March 6, 2024

On fire... tech to the rescue?

March 6, 2024

The Impact of AI, for Real Estate

March 6, 2024

Who are "The Proptech Connection"?

March 6, 2024

Proptech & Housing Affordability

March 6, 2024

Proptech Facts

March 6, 2024

Constructive Changes...

March 6, 2024

Concrete threat

March 6, 2024

Proptech showtime...

March 6, 2024

Proptech (Fun) Facts & insights

March 6, 2024

Industrial Revolution 4.0

March 6, 2024

AI take-over...

March 6, 2024

Powder box

March 6, 2024

It's Electrifying...

March 6, 2024

Proptech Fun Facts by The PTC

March 6, 2024

Greenwash

March 6, 2024

All the way to zero

March 6, 2024

China 101 & Proptech

March 6, 2024

Proptech highlights by the PTC

March 6, 2024

Trendsetting Tokyo

March 6, 2024