May 16, 2020

Tent protects hospital construction project

hospital construction
Copenhagen
SiteCover
tent
Lucy Dixon
2 min
Tent protects hospital construction project
A Danish hospital construction project is using a giant tent to protect the site from adverse weather conditions.

”The weather is an unknown fact...

A Danish hospital construction project is using a giant tent to protect the site from adverse weather conditions.

”The weather is an unknown factor, which makes it difficult to plan a construction in Denmark. Everything stops for approximately 40 days each year, due to rain and wind. We will get a more reliable time schedule as well as securing a better working environment for the construction staff,” said Vice President for Construction and Contractors, Carsten Nyboe, from New Hospital and Mental Health Bispebjerg.

Instead of tower cranes, an overhead crane will be placed on tracks under the roof of the tent. It will be used to mount the concrete elements. ”You can’t operate a normal tower crane in strong wind. This causes delays and extra costs for the project. I also hope that this will make the construction more tolerable for the neighbours as we will keep all the floodlights, dust and noise, within the tent. Tower cranes look impressive on the horizon but it is no fun to live next door to them,” said Nyboe.

The tent will stay for about a year, until the new building is sealed. During the construction the progress will be documented through photos and people will be invited inside to have a look. This makes it possible to follow what is going on even though the building site is a closed off area. The topping out ceremony will also take place within the tent.

The tent for the project will be delivered by SiteCover. A similar solution was used by Novo Nordisk at the construction of a large auditorium in Måløv north of Copenhagen. But the solution is still relatively new in the construction business.

”We are constructing a building for medical research and the demand for quality is very high. The cover also enables the installation work and the electrical work to start earlier. This makes it possible to have a shorter construction time frame and thereby a cost reduction for the building site. We will be evaluating the business case thoroughly but I am convinced that it will be worthwhile in the long run,” said Nyboe.

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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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