May 16, 2020

CIOB launches first ethical construction MOOC

CIOB ethical construction MOOC
CIOB Academy
Holly Walton
Head of CIOB Academy
Catherine Sturman
3 min
CIOB launches industry's first ethical construction MOOC
The CIOB Academy is notching up an industry first with the launch of a massive open online course (MOOC) on ethics and compliance tailor made for constr...

The CIOB Academy is notching up an industry first with the launch of a massive open online course (MOOC) on ethics and compliance tailor made for construction professionals.

Devised in collaboration with experts, including Jay Blithe of the Barrett Values Centre, sustainable construction consultancy Responsible Solutions, and Ethical Leadership author Andrew Leigh, the online programme also includes contributions from construction clients and contractors.

The course has been designed to empower people to make better decisions in their daily construction work: improving relationships, identifying conflicts of interest and taking steps to minimise risk. CIOB Academy wants to nurture a new generation of ethical leaders, to show why it is sometimes necessary to go beyond legal compliance and to give people the confidence to speak out when something is wrong. 

Each week, ethical leadership skills will be developed as course participants reflect on interactive exercises and explore dilemmas that are relatable to their everyday roles. Subjects range from bribery and corruption to company policy and interactions in the workplace.

The topics are brought to life through social learning, questionnaires, videos, articles and quizzes. Participants will also have the opportunity to interact with each other, and the course leader in a safe and managed forum. Throughout the course, tutors and contributors will be available online to answer questions and join discussions.

CIOB Academy’s ethical construction MOOC is suitable for all levels of seniority and across all disciplines and departments, particularly those in construction management, site management, design, HR, procurement, surveying, and more.   The course has been designed to start constructors talking about the ethical challenges they face, and to understand the role they can play in making a difference to the sector.  As well as supporting employees in large organisations with a more personal take on ethics to compliment standard training, it can also help small business owners with more limited resources to know where to begin in developing their own ethical codes of conduct, and providing clear guidance for suppliers and staff.

Course leader and owner of Construction Coach, Maria Coulter said: “Construction is a fast paced industry and people are working under tremendous pressure to deliver for clients and employers within complex frameworks. 

“Unfortunately, conflicting requirements can sometimes force people to compromise their personal values. This can lead to disillusionment which not only erodes trust, but also damages morale and wellbeing, negatively impacting the performance of individuals and teams.

“By providing a safe place to explore and discuss ethical issues, and by opening this course up to anyone in the industry, we hope to facilitate positive change on a large scale.”

Holly Walton, Head of CIOB Academy said: “Since launching the CIOB Academy in December, we have received an enthusiastic response for our targeted construction courses that have been designed by industry, for industry.  We welcome businesses and industry bodies to share and promote this course widely, and to help make a difference to the ethical standards of constructors.”

“CIOB Academy’s ethics and compliance MOOC is the first in a series of free training that will be launched over the coming months. It’s part of our commitment to raising professional standards globally, enhancing the quality of life for everyone working in construction.”

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Read the January 2017 issue of Construction Global here

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Jun 14, 2021

XYZ Reality receives £20m to develop Assisted Reality

AugmentedReality
construction
DigitalTransformation
Technology
Dominic Ellis
3 min
XYZ Reality to use funding led by Octopus Ventures to springboard into USA and automatically report issues through Assisted Reality

XYZ Reality has announced a £20m investment round led by Octopus Ventures.

Founded in 2017, XYZ Reality aims to "revolutionise" the construction sector with its Engineering-Grade Augmented Reality (AR) solution, Holosite.

Designed to enable an on time and on budget delivery of construction projects, by eliminating building errors, HoloSite has been available to select customers through an early access programme and has already been used on projects totalling a value of over £1.5bn in the last year. 

With approximately 98% of construction megaprojects facing cost overruns or delays and 7-11% of project costs being spent on correcting errors, XYZ Reality’s purpose-built integrated AR solution directly addresses these issues.

With its safety certified AR hardhat, cloud platform and in-built proprietary software, Holosite accurately positions high fidelity 3D design models on construction sites, enabling teams to build it right, first time. The technology system has been used on complex construction projects including data centres, pharmaceutical facilities and airports.     

This funding will be used to accelerate the company’s ambition of transforming projects by preparing for HoloSite’s commercial launch in the USA and continuing investment in strengthening research and development. The company is also growing its London team to include key hires across technology, manufacturing, sales and marketing.

David Mitchell, Founder and CEO of XYZ Reality, said developing its engineering-Grade AR solution helping construction teams identify errors in real-time is just the start.

"The next phase is Assisted Reality, where our spatial computing technology will have the intelligence to automatically detect and report issues in the field. And ultimately, the goal is builders building from holograms. Our vision of developing world changing products aligns with Octopus Ventures’ mission of investing in companies that are powering the next industrial revolution. We look forward to building history.”

The latest round of funding is led by Octopus Ventures, one of the largest and most active venture investors in Europe, known for its commitment of investing in companies and founders that are changing the world. Octopus Ventures has a strong track record, spanning investment in health, fintech, consumer, B2B software, and deep tech. This includes WaveOptics, one of Octopus Ventures’ early investments in Augmented Reality, which was recently acquired by Snap Inc. 

Rebecca Hunt, early-stage investor at Octopus Ventures, said: "We’ve always invested in entrepreneurs leading industry change and XYZ is doing just that. It's solving a massive problem that costs the construction industry billions every year, using its Engineering-Grade Augmented Reality solution to spearhead a shift in the sector’s approach. The founding team of David, Umar and Murray have deep domain and technical expertise, which we believe makes XYZ uniquely placed to drive this transformation.”

XYZ Reality also announces a new partnership with Mace, for the construction of a hyper-scale data centre in Europe. With speed to market being particularly essential for mission critical builds, HoloSite’s AR technology will have a significant role in supporting an accurate and time effective build for Mace, which last week appointed Jon McElroy its new Managing Director for International Technology.  

Mace Technical Director, Stephen Henley, said: “Mace has built a reputation of redefining the boundaries of ambition, always bringing efficiency, innovation and responsibility to our projects. With the implementation of XYZ’s groundbreaking AR system, we continue to be committed to delivering projects faster, safer and better than ever before.” 

Five years ago, Heather Bellini of Goldman Sachs Research expected virtual and augmented reality to become an $80 billion market by 2025.

But according to new research by global tech market advisory firm ABI Research, nearly 28 million augmented and mixed reality smart glasses will ship in 2026, while the total global AR/MR market will surpass $175 billion in the same year.

"Major tech players across hardware, software, and services look familiar in the consumer space, contributing to strong and consistent overall growth," says Eric Abbruzzese, Research Director for ABI Research. "Those big tech names, with active investment and product ranging from already available, to announced, to all-but-announced, are creating a consumer AR market that will be dynamic and welcoming rather than struggling and immature."

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