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 machine learning startups.
Out of 102, the Global Startup Heat Map highlights 5 Top Machine Learning Startups impacting Construction Companies
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-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 102 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 machine learning 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 97 machine learning solutions for construction, get in touch.
Plooto develops Layout Optimization Tools
Founding Year: 2018
Location: London, UK
Partner for: Construction Layout Optimization
British startup Plooto develops an application for real-estate developers for site-plan optimization. The startup’s app uses machine learning to enable builders to maximize space efficiency, reduce carbon emissions, and minimize development costs. In particular, the Plooto App leverages ML algorithms to provide optimal layouts and designs. The user inputs the plot size, location, and desired units, while the app generates designs with modeled densities that ensure high returns on investments (ROI).
SiteKick simplifies Construction Site Monitoring
Founding Year: 2017
Location: Minneapolis, USA
Partner for: Construction Site Management
SiteKick is a US-based startup that simplifies construction-site management and monitoring. The startup’s platform acquires data such as images and videos through construction cameras and uses ML algorithms to offer accurate predictions. The startup’s technology reduces the time and effort spent on construction site upkeep and reporting. In addition, the solution supports structural engineers in the early detection of risk or damage to high-rise buildings through predictive analytics.
EdilGo offers Construction Procurement Software
Founding Year: 2016
Location: Milan, Italy
Partner for: Bill of Materials (BoM) Management
Italian startup EdilGo develops a software-as-a-service (SaaS) marketplace that brings connectivity, automation, and intelligence to the construction industry. By utilizing ML, EdilGo speeds up the bidding phase and increases the efficiency of the procurement process. The software reads and recognizes the content of the BoM and automatically creates requests for offers that are later sent to a large network of suppliers registered on the platform.
AdlaiCurtis enhances Construction Worker Safety
Founding Year: 2017
Location: New York City, US
Partner for: Construction Worker Monitoring
US-based startup AdlaiCurtis develops technologies that improve efficiency and enhance safety for a number of industries, including in the construction industry. By leveraging the power of ML and computer vision, the startup provides a number of services that integrate with an organization’s business intelligence tools. These services provide new solutions for controls and automation as well as enhance safety beyond current standards.
Octant AI facilitates Cost Overrun Optimization
Founding Year: 2017
Location: Brisbane, Australia
Partner for: AI for Projet Performance & Efficiency
Octant AI is an Australian startup that develops a platform that enables construction companies to optimize project overruns. The startup’s platform uses the data from the company’s existing systems, combined with tailored ML algorithms to review historical project performances. This allows project managers and construction planners to forecast output and create more accurate time and cost budgets.
Discover more Construction Startups
Construction startups such as the examples highlighted in this report focus on worker safety, site monitoring, and construction management. While all of these technologies play a major role in advancing the construction industry, 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.