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Construction Internet Of Things News And Alerts

Procore Stock Falls To IPO Levels, Fails To Capitalize Off Infrastructure Bill Boost

Cupertino, California - Procore stocks fall from its recent high near $105 back down to its IPO days price range of $88 on Friday morning. Failure to gain intrest or boost in investment from the recent infrastructure bill and a recent expired lock out on selling stock from the ipo over the past 2 weeks have brought the stock down over 15% in a
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Construction Specifications, Shop Drawings, Submittals. Do we Need Them? How Much Longer Will We Use Them?

United States Of America- Construction Specifications, Shop Drawings, Submittals & Substitutes. One of the most time consuming and problematic processes that face modern construction projects and sites. The AEC industry is broken and so is our supply chains. Enormous and alarming amounts of time, energy, waste, man power and money through
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PROCORE PAID $500M For LEVELSET? What? Why? And What You Need To Consider. Lets take A look…

Carpinteria, California - (NYSE: PCOR) Like everyone else you are probably asking yourself: why would Procore pay $500M for LevelSet? Don't worry you are not alone and most likely it's not why you would think. LevelSet is a platform for managing lien notice of intents, placements and payment collection for the United States. The construction
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Win a piece of Cat Trial 11: Hot Wheels®

Sign-up now for a chance to win a driver's helmet or firesuit. Learn more from CAT.... Remember the hours you spent as a kid playing with Hot Wheels®? Maybe it was all those adventures in the sandbox. Or maybe it was the time you spent creating the most challenging track setups you could imagine. How cool it would be in real life? With
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USF’s “AEC EXPERIENCE” Program A Success For Students & The Built World

Tampa, Florida - USF is utilizing some of its current construction projects to provide a unique interdisciplinary learning opportunity for students interested in architecture and engineering. The Architecture, Engineering, and Construction (AEC) Experience, coordinated by USF Facilities Management, is leading site tours and interactive sessions
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Site Logistics: Virtual Design & Construction Simulation

Logistics on Construction Sites and Virtual Design & Construction Simulation Site logistics plans illustrate how a construction company's work will be carried out in order to simplify complex activities associated with the construction of buildings or other infrastructure projects. These visual representations, which should be included in a
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What is a Digital Twin?

Digital twins are starting to transform the way that cities are designed, built, tracked and managed, according to experts industry wide. The technology, which involves creating a digital clone of a real-world object or system, is revolutionizing the fields of healthcare, manufacturing and logistics. It is now having a profound impact on
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Oshkosh Corp Advancing Construction Industry Fleets, Material Conveyance With Robotics, Autonomy, & Telematics

Oshkosh, Wisconsin - Oshkosh Corporation (NYSE: OSK), a market leader in mission-critical vehicles and essential equipment, and Carnegie Foundry, a Pittsburgh-based robotics and artificial intelligence (AI) venture studio, announced today a strategic partnership and an investment by Oshkosh Corporation in Carnegie Foundry to accelerate innovation
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What Procore’s Earnings and Katerra’s Bankruptcy Tell Us About Construction Tech

New York, New York- The much-anticipated Procore IPO, valuing the company at over $9B, was deemed a success. As they reported positive earnings for the past quarter, the same day that Katerra was back in bankruptcy court, the vastly different scenarios for what were once two unicorns, raises the question, “Is all the attention around construction
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HASKELL’s Venture Arm DYSRUPTEK and IPSUM Announce Investment Partnership For It’s ProPlanner Scheduling Cloudware

Jacksonville, Florida - Dysruptek, the venture arm, of HASKELL confirm a strategic investment in Latin American con-tech company IPSUM. IPSUM, a Latin American startup now headquartered in the United States, was one of the region's earliest construction technology startups. Their con-tech program, ProPlanner, is a collaborative SaaS that has
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MODUMATE Launches it’s Real-Time Cloud Collaborative Architectural Design Feature

San Francisco, CA- Modumate a company at the forefront of real-time BIM design collaboration brings a real-time gaming approach to workflows. Built on the Unreal Engine gaming and 3D first platform the Modumate cloud app brings a completely unique approach to the AEC industries BIM world and will most likely appeal to the new generations entering
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Construction Enters A New Era

Ushering In A New Era For The American Construction Industry Construction Jobs Job reports just released this morning show excellent progress for the American worker and other industries as well. From this time last year initial claims have decreased by just about a million down to 719,000 for week ending March 26, 2020. What seems
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CONSTRUCTION RELATED EMPLOYMENT TRENDS USING NEW ‘’JOB OPENINGS AND LABOR TURNOVER SURVEY’’ NEW EXPERIMENTAL DATA

The new JOLTS program experimentally estimates job openings, hires, total separations, quits, layoffs and discharges among selected industries in the United States. The 2020 year has brought great financial uncertainty and economic fluctuations. The Job Openings and Labor Turnover Survey (JOLTS) program experimentally estimates job
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