Apr 7, 2021

Intelliwave Technologies boosts SiteSense Autodesk BIM links

solutions
projects
Data
integration
Dominic Ellis
2 min
Intelliwave SiteSense and Autodesk customers can access critical project data in one place, connect inventory to requirements and get more streamlined model reviews
SiteSense and Autodesk customers can access critical project data in one place, connect inventory to requirements and get more streamlined model reviews...

Intelliwave Technologies has announced enhanced integration between SiteSense and Autodesk's BIM 360, enabling construction teams to gain critical insights on material status and availability.

The integration includes three new major benefits for SiteSense and Autodesk customers, keeping their field and office workflows connected in a single ecosystem:

  • Access critical project data in one place BIM 360 users can now add a SiteSense Partner Card to their BIM 360 Project Home dashboard
  • Connect inventory to engineering requirements SiteSense users can now attach critical project documentation from BIM 360 such as bills of materials, drawings and work packages to SiteSense Material Needs documents
  • More streamlined model reviews Navisworks users can sync SiteSense material inventory status into project models to allow for quick conditioning and visualization for upcoming execution tasks

Customers can maintain "exceptional project visibility" to make informed decisions efficiently and remain coordinated across their teams to reduce miscommunications, saving time and money.

"The Autodesk team continues to show construction projects the value of digitization starting from design and engineering, all the way through construction and handover, via a wide breadth of product offerings and capabilities," stated Dale Beard, CEO of Intelliwave. "We look forward to providing Autodesk users with accurate real-time data from SiteSense that will ultimately allow project teams to make better informed decisions throughout the project's lifecycle."

Intelliwave Technologies was formed in 2007 to provide new solutions in the construction industry to help increase "Time on Tools" for craft labor and improve site safety. The result was the creation of a revolutionary web and mobile-based software solution in one encompassing brand, SiteSense.

"With increasing digitization and complexity in design and construction, project teams must frequently tie together data and documents from multiple systems," stated James Cook, head of integrations at Autodesk Construction Solutions. "Connecting materials data from SiteSense to Navisworks models and BIM 360 construction management workflows helps all project stakeholders collaborate more effectively and make informed decisions throughout the project lifecycle."

Autodesk recently completed its $1 billion acquisition of Innovyze, which elevates its status as a leading global provider of end-to-end digital solutions - from design to operations - of water infrastructure, accelerates Autodesk’s digital twin strategy, and creates a clearer path to a more sustainable and digitized water industry.

Last November Intelliwave Technologies announced a deeper integration between SiteSense and Procure (click 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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