ESSIQ AB

Buildots | August 06, 2020

Buildots has secured $16m in funding to leverage the power of AI to track, analyse and provide actionable data for construction project teams.Large projects still rely on tedious manual record-taking by project managers who often keep track of hundreds of thousands of tasks and the progress of dozens of contractors.Productivity in the construction industry has plateaued with researchers estimating that 98% of megaprojects suffer cost overruns of more than 30% and 77% are late.B...

Spirit AeroSystems | September 09, 2020

Spirit AeroSystems [NYSE: SPR] announced today that Belcan will be onsite as a Strategic Partner in Spirit's Aerospace Innovation Centre (AIC) in Prestwick, Scotland. Belcan will work directly alongside Spirit engineers when the facility opens. The companies have signed a Memorandum of Understanding (MOU) to enter into a strategic partnership. Belcan, a global supplier of engineering, supply chain, technical recruiting and information technology services, will provide Spirit with broad...

Perspectives, Construction

Core & Main | March 09, 2023

Core & Main, a leading distributor of water, storm drainage, wastewater, and fire protection products recently completed its acquisition of Landscape & Construction Supplies, LLC. As previously announced, all assets of Landscape & Construction Supplies will now be a part of Core & Main. With the completion of the acquisition of Landscape & Construction Supplies, Core & Main is set to enhance their market position by expanding their product offerings and services. Th...

Market

PBC Today | October 26, 2020

James Ellis, chair of the Chartered Institute of Marketing’s Construction Industry Group (CIMCIG), discusses the vital role marketers can play in helping the UK construction industry get back on its feet. Construction underpins both our economy and our society, contributing just under £29.5bn to the UK in Q1 of 2020. This is equal to 6% of total UK economic output. But due to Covid-19, the construction sector has suffered heavy losses due to supply chain disruption, a marked decline ...