Jun 1, 2020

LaborChart: Schedule, forecast, communicate

Technology
Innovation
Dan Weatherley
3 min
LaborChart: Schedule, forecast, communicate
We explore LaborChart, an innovative tool that organises your workforce into one secure platform

About LaborChart

Built by a former electrical contrac...

We explore LaborChart, an innovative tool that organises your workforce into one secure platform

About LaborChart

Built by a former electrical contractor, LaborChart was created to fill in a recognised need in the construction industry - an easier, more efficient way to manage workforce operations. 

Upon building the platform, LaborChart took wide-used workforce solutions in the form of spreadsheets, whiteboards and databases and combined them together to create a comprehensive solution with a clean and simple user interface.

Founded in 2014, Ben Schultz began building the project with CTO Hunter Browning. Since then, it has quickly become a ‘go-to’ worldwide solution used by thousands of contractors

What does it offer?

LaborChart provides one central location to house all of your company’s most important data and details in a real-time format. Instead of using traditional spreadsheet tools, LaborChart sets itself apart with an all-in-one solution that promotes efficiency and simplicity. 

With LaborChart, long meetings can be minimized or even eliminated thanks to the many features on offer which can enable you to keep track of your workforce. The platform has the potential to put an end to long phone calls and time spent searching for people or data.

The platform gives you the power to ensure a balanced workload for labour workers so you can forecast labour months or even years ahead of time. It can help save companies time whilst helping staff understand projects and resources better, all whilst streamlining job duties.

Features

The messages and alerts function gives you the ability to look at your inbox, activity, reports, workers and so much more. From the main screen, you’re also able to quickly view current projects, activity and change a large range of settings.

Using the staff list feature, you’re able to view the entire workforce whilst giving you access to the messaging function. It’s very easy to send messages to all workers using this tool, which enables much-improved communication. These messages can be drafted, posted immediately or scheduled for a later date if needed.

There are several other features within the platform which can help save time. Balancing your workload to contain operational efficiency and costs is one of LaborChart’s top priorities, in addition to minimizing labour costs. It even has features that can help you make cost-effective decisions with innovative spreadsheet tools. Learn more about the features of LaborChart here.

The platform also offers a number of comprehensive options which enable you to connect LaborChart to a variety of other platforms. This includes keeping accounts synced and connected to other data sources which ensures data accuracy whilst eliminated duplicate entry.

Visit LaborChart’s website here to learn more about the platform. Like the sound of it? You can request a demo here!

IMAGE CREDIT: laborchart.com


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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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