Dec 23, 2020

Skanska implements Measure drone program

Drones
Skanska
aerialintelligence
Dominic Ellis
2 min
Instead of using multiple tools, Skanska can now focus on a single platform and clearly define deliverables
Instead of using multiple tools, Skanska can now focus on a single platform and clearly define deliverables...

Measure, the aerial intelligence company, has enabled Skanska USA, the nation's leading construction and development company, to implement its drone program across the country amid increasing demand for enhanced construction site progress monitoring.

Skanska needed a more diverse mix of software and processes when assessing its drone program requirements.

"Staying with the old app would've rendered our newest drones useless, and as a result would have discouraged innovation," said Brooke Gemmell, Senior Innovative Development Engineer at Skanska. "Meanwhile, Measure's team expedited their 360-panorama tool at our request, proving that they were willing to work with customers on feature development." 

By working with Measure, Skanska addressed the following challenges and have grown their drone program to include more than 40 pilots with a fleet of over 20 drones:

  • Consolidation. Using Measure's software for multiple tasks that were previously spread among several applications, simplifying workflows and offsetting the cost of using multiple products.
  • Meeting Existing Needs. To keep up with the evolution of drone technology, Skanska needed an application that was compatible with newer drone hardware.
  • Expanding and Evolving. During a trial period, Skanska felt Measure could meet their needs as a partner that was open to collaboration and receptive to building new tools. 

"Measure has redefined the way we deliver drone training to new pilots. Instead of needing multiple tools, we are able to focus on a single platform and clearly define what deliverables can be created within Measure," said Gemmell. "Choosing one tool has significantly reduced confusion for new drone pilots and has increased the efficiency of flight operations." Aside from efficiency and cost savings of using a single platform, Skanska immediately benefitted from working with an innovative and collaborative organization like Measure.

"On our monthly call, Measure actively listens to our questions and challenges. It's a win-win because their team gets feedback from those who are in the trenches, and our team gets immediate support and solutions that are tailored to our exact needs," said Gemmell.

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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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