May 16, 2020

Street Crane supports manufacturer Centrum with girder cranes

street crane
Centrum Pile
Chris Lindley-Smith
Street Crane’s Sales Director
Catherine Sturman
2 min
Street Crane supports manufacturer Centrum
Street Crane is giving another leading manufacturer a lift with the supply of a goliath double girder crane.

Capable of lifting 20 tonnes and spanning...

<p><a href="//www.streetcrane.co.uk">Street Crane</a> is giving another leading manufacturer a lift with the supply of a goliath double girder crane.</p>

<p>Capable of lifting 20 tonnes and spanning 30 metres, the crane is being used by <a href="http://centrumpile.co.uk/">Centrum Pile</a>, an advanced manufacturer of precast concrete piles. The goliath crane is in continuous use six days a week, forming a key part of the production process.</p>

<p>Eamonn Walsh, Centrum&rsquo;s factory manager said: &ldquo;We&rsquo;ve worked with Street Crane for around 15 years, relying on its products to help us lift and move reinforced precast concrete piles.</p>

<p>&ldquo;The new goliath crane is used to lift precast sections that vary in length from 4 to 18 metres and may be stacked up to 15 metres high. The products are lifted off the stacks by the crane and loaded onto vehicles for onward distribution to our customers. It&rsquo;s responsible for handling 34,000 metres of product every week, so durability, reliability and safety is essential.&rdquo;</p>

<p>Featuring twin heavy duty Street ZX wire rope hoists and controlled by remote radio joystick handset, the crane has been installed with a number of additional features, including audible and visual alarms, which operate continuously during travel operation.</p>

<p>Weather covers, additional travel and braking capacity plus a special structural paint system ensure that the crane can be used outdoors safely with minimal maintenance and long life expectancy.</p>

<p>Chris Lindley-Smith, Street Crane&rsquo;s Sales Director commented: &ldquo;Our goliath cranes &ndash; also known as portal cranes - have been developed by our in-house design team to offer maximum stability and strength.</p>

<p>&ldquo;With no need for a supporting structure they are ideal for outdoor use or in existing buildings that have not been designed for crane use.</p>

<p>Centrum will also benefit from the twin hoists, which give maximum flexibility and load stability as they may be used independently or in tandem according to the weight and shape of the load to be moved.&rdquo;</p>

<p>Part of the Aarsleff Group, Centrum Pile&rsquo;s UK production facility has been continually developed to manufacture its high quality, reinforced concrete pile system. With a further three European plants, the company produces around 3.2 million metres of reinforced precast concrete piles a year.</p>

<p><strong>Follow&nbsp;<a href="http://twitter.com/ConstructionGL&quot; target="_blank">@ConstructionGL</a></strong></p>

<p><strong>Read the&nbsp;<a href="http://www.constructionglobal.com/magazine/issue?d=December%202016&amp;…; target="_blank">December&nbsp;2016&nbsp;issue of Construction Global</a>&nbsp;magazine.</strong></p>

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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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