HENSEL PHELPS | January 11, 2023
Hensel Phelps recently launched, Diverge, an investment firm focusing on construction technology and innovation. Diverge will directly source, evaluate, invest and deploy new construction innovations in collaboration with technology startups and innovation partners.
The advancements in ConTech, construction building methods and technologies can potentially transform the building process. Small startups are constantly driving innovation, simplifying complex processes by building systems that improve communication and efficiency in construction. Hensel Phelps will interact with these technology companies and help develop new solutions through the Diverge platform.
"Over the past decade, we have seen continual advancement in prefabrication, robotics, drones, and many other technology platforms that are having a profound impact on how we deliver projects. Diverge provides Hensel Phelps a structured approach to evaluate and implement innovation in our business," commented Brad Jeanneret, Executive Vice President. "We are investing in the future of our industry," he further added.
(Source: PR Newswire)
Hensel Phelps aims to positively influence construction technology by assisting startups in their early stages of product development. In addition, technology firms collaborating with Hensel Phelps will also benefit by utilizing the breadth of Hensel Phelps' business, having their products tested in real-world scenarios and assessed by their target audience—the construction professionals.
The construction industry is experiencing significant digital disruption with prefabricated solutions, robotics integration, and numerous other innovative solutions, however, the $1.6 trillion construction industry in the United States is the second least digitized of all.
Diverge's team and partners are dedicated to discovering and evaluating solutions that will upgrade how the industry plans and manages construction. Diverge is accepting new evaluation submissions and encourages construction innovators to pitch their industry-changing ideas.
About Hensel Phelps
With headquarters in Greeley (Colorado), Hensel Phelps provides construction, development, and facility services. Founded in 1937, Hensel Phelps plans, builds and manages a wide range of domestic and international project types, including aviation and transportation, government, healthcare, lab and research, multi-residence, commercial office, and more.
cove.tool | January 16, 2023
In a recent announcement, leading architectural design and construction solutions provider, cove.tool launched a cloud-based software, revgen.tool, designed to make it simple for building product manufacturers to attract qualified leads, effectively market their products, and drive revenue. This unique, industry-first solution allows manufacturers to build relationships with engineering, architecture and construction (AEC) professionals with verified advanced building performance engines. This helps manufacturers make informed product decisions earlier in a project’s lifecycle.
Product performance within a project can be highlighted via the revgen.tool by manufacturers, and market their products for specific needs. Harnessing advanced analytics, the software sifts through thousands of building designs within architecture 3D models, which also includes BIM, to assist teams in identifying the best match for their products. This allows building product manufacturers to connect with the right engineers and architects and strengthen relationships. AEC teams can access real-time data to identify new products, which in turn helps them save time and resources. As a trusted third-party partner shares the data, it is easier for manufacturers to build trust and establish relationships with AEC professionals by sharing accurate data for projects and products.
Patrick Chopson, Co-Founder and Chief Product Officer at cove.tool, “Driven by the urgent need to rapidly reduce carbon emissions and take climate action, there are political, economic, regulatory, and climate-driven macros on a global scale driving a massive shift in the design and construction of buildings. To help meet the targets before 2030, it is essential for manufacturers to partner with architects and engineers.” He further added, “With revgen.tool, this is finally possible. Manufacturers and design teams can now better align on what products may best fit with real-time, project-specific performance analysis. Newer, high-performance products can be highlighted, encouraging adoption that helps create more comfortable, efficient, and sustainable buildings. Our system enables manufacturers and design teams to forge stronger, more successful relationships based on data.”
Cove.tool platform helps with the entire building lifecycle, from analysis to design and construction. Their point-based solutions link to build a connected eco-system that enables teams to collaborate on project data, resulting in more cost-effective decisions. By assisting developers, builders, and architects in using data-driven design through automation and cost reduction, cove.tool fights climate change.
Microdesk | January 20, 2023
On January 19, 2023, Microdesk, a leading BIM, Enterprise Asset Management (EAM) and Virtual Design & Construction (VDC) services provider, announced a new collaboration with One Click LCA, the global leader in construction Life Cycle Assessment (LCA), and Environmental Product Declaration (EPD) software.
Building LCA is a scientific methodology for quantifying a building's lifetime environmental impacts, and One Click LCA makes the assessment simple as the science is built into the tool. One Click LCA assists in measuring and reducing the ecological consequences of buildings, achieving green building certifications, and complying with legislations that are now required in many countries.
Michael DeLacey, Chief Executive Officer at Microdesk, commented, "Joining forces with One Click LCA gives Microdesk a tremendous opportunity to help our clients achieve and accelerate their goals to decarbonize the AEC industry and support sustainability." He also added, "We are committed to providing the most effective and innovative technologies and tools and One Click LCA delivers that with software that adds value to all facets of planning and building while supporting the environment in a meaningful way."
(Source – PR Newswire)
The environmental goals the construction industry strives to achieve extend to the products used in construction of the projects as well. As a result, manufacturers are responding to the growing demand for Environmental Product Declarations (EPD) in order to reliably quantify and convey the lifetime environmental effect of their products. The LCA and EPD solution from One Click LCA provides manufacturers with an easy way to deliver third-party validated EPDs based on US and international standards.
Headquartered in Nashua, New Hampshire, Microdesk is a leading BIM, Enterprise Asset Management (EAM) and Virtual Design & Construction (VDC) services provider. It was founded in 1994 as an Autodesk Reseller with a mission to help Architecture, Engineering, Construction, Owner/Operators, and GIS organizations improve workflows and integrate project delivery technologies. The company has over 30 years of experience adopting innovative technologies and processes, as well as sustainable design and building initiatives. Its increased emphasis on digital transformation is another indication of the company's tradition of introducing new tools to the AEC industry in order to boost sustainability, efficiency and the ability to respond to macroeconomic changes.