Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the construction industry. This time, you get to discover 5 hand-picked lean construction startups.
Global Startup Heat Map highlights 5 Top Lean Construction Startups out of 103
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 103 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 lean construction startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 98 lean construction solutions, get in touch.
Robotic Eyes enables Augmented Reality (AR)-based Lean Construction Management
Traditionally, as architectural designers plan construction layouts and contractors carry out the implementation and deviations from the plan are difficult to pinpoint. It is important to identify these deviations to initiate corrective measures that minimize energy and raw material wastage. Therefore, startups are developing AR-based tools to monitor and improve construction processes.
Austrian startup Robotic Eyes provides AR-based lean construction management. The startup’s platform offers comparability of 3D models with the actual situation in construction sites using holograms. This saves time and reduces the need for travel for project engineers and supervisors. The solution also enables the building supervisor to recognize deviations and initiate appropriate corrections. The work steps are automatically recorded in 3D during rectifications ensuring timely completion of projects. Moreover, remote assistance is provided through AR to improve on-site decision-making.
Array Construction provides Real-Time Tracking Solutions
It is difficult to keep a track of the number of components, equipment, and materials involved in construction. Moreover, losing track of critical equipment and usage leads to time delays in the construction project. However, integrating them with sensors provides a way to keep track of them in real-time. This is why startups are developing internet of things (IoT) devices and sensors to enable tracking and streamline construction processes.
US-based startup Array Construction Technology provides real-time tracking solutions for construction management. The solution enables real-time asset tracking of construction sites and digital documentation for clients and contractors. The startup’s platform scans an identification (ID) beacon attached to building components and displays locations of the items across the job site. The solution also allows contractors to remotely run the project while implementing a lean construction plan.
Lean Station offers a Workflow Management System
Construction projects require collaboration between multiple teams to synchronize their workflows. However, workflow synchronization requires timely information exchange between teams on a regular basis. With a huge amount of data generated by multiple stakeholders during construction, analyzing it to make decisions remains challenging. In response, startups develop workflow management systems that streamline individual work efforts to create a lean construction site.
Lean Station is a Singapore-based startup that provides a workflow management system to integrate master planning and construction planning. The startup’s platform provides real-time monitoring and collaboration through data exchange on the project. It provides data-driven insights to the teams optimizing project flows. The system also extends 4D visualization of the project and utilizes artificial intelligence (AI) to predict planning mechanisms. The simulation tool for scenario testing makes it easier for planners to test various orientations and assess alternate options.
LeanCo builds a Construction Planning & Mapping Platform
Manpower planning for construction activity is challenging since a single supervisor usually keeps track of all the workers and different workstations. This makes it difficult to optimize manpower planning with limited real-time location information. This also leads to understaffing or overstaffing which further results in the over or under-utilization of manpower and delays the project. To address this challenge, startups are developing real-time construction planning and mapping platforms.
French startup LeanCo provides a platform for lean construction planning and mapping. The platform allows intuitive building and management of time-location diagrams. This enables the collaboration of team members and facilitates faster decision-making for supervisors. Further, the startup’s dashboard indicates real-time construction work progress and indicates idle time by integrating the geographic dimensions in planning. As a result, construction administrators reduce workers’ idle time by adjusting parameters like staffing, zone sizing, and task duration guidelines.
Minotro facilitates Construction Risk Management
Problems that arise during construction activities due to limited analytical capabilities lead to delays and financial losses for contractors and builders. By implementing predictive analytics in construction, project managers reduce delays and gain insights into the real issues on-site. Startups are developing solutions based on machine learning (ML) models to predict potential deviations and optimize construction activities.
Minotro is a startup from the UK that provides a real-time construction project and risk management solution. The startup’s platform benchmarks real-time performance against predefined standards. As a result, project managers receive a granular progress report enabling them to implement continuous improvements. The ML-based platform generates algorithms and utilizes AI to recognize patterns, make comparisons, detect anomalies, and predict potential problems. Further, the solution is customizable to individual construction projects.
Discover more Construction startups
Construction startups such as the examples highlighted in this report focus on lean management using IoT, AI, and digital platform technologies. While all of these technologies play a major role in advancing construction management, they only represent the tip of the iceberg. To explore more construction technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Construction Innovation Report to save your time and improve strategic decision-making.