construction technology

Carpinteria, California - Procore (PCOR) a staple construction management software in the United States building and infrastructure industries saw a huge sell off following the Ukraine sanctions over the last few week adding additional extensive losses to share price. Procore saw its price fall from it's 52 week high of $108.75 down to $48.50 on…

Chicago and Moline — Deere & Company (NYSE: DE) announced today the opening of a new Chicago office, where it plans to add 150 Information Technology jobs over the next two years, with a goal of hiring 300 positions to support IT and other roles within the company. The facility will initially focus on IT capabilities in eCommerce, cloud,…

TOKYO and TEL AVIV– Innoviz Technologies (Nasdaq: INVZ), a leading provider of high-performance solid-state LiDAR sensors, and Obayashi Corporation (TYO: 1802), a major Japanese construction company, announced today the development of an automated tower crane system based on Innoviz's LiDAR sensors. The automated tower crane system from…

Los Angeles, U.S.A. - Clue Insights, a startup out of California, is advancing construction technology by optimizing fleet operations in a way previously unknown in the construction industry. Their product, aptly named Clue, won BuiltWorlds 2021 Summit and with a team of industry professionals helming the company, it’s no surprise that Clue is…

Washington D.C., United States Of America - Procore Stock (PCOR NYSE) sunk 14% this week from a high of 104.86. The company reported a 27 percent year-over-year increase in revenue to $122.8 million in the second quarter of 2021 with gross margins of 79 percent. The company lost about $150 million in the quarter, owing to increases in general…

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…