Inertia integrates with Procore to boost collaboration
Inertia Systems, a location-driven construction management software, has integrated with Procore, providing users with better collaboration and data collection when using Intelligent Construction Drawings (ICD) technology.
Leveraging BIM data, Inertia's ICD technology provides a 2D visual-first approach to jobsite management and collaboration. Generated automatically, ICD sheets created in the Inertia Embedded App allow field data to be instantly attached to the corresponding physical location on a project map. If the BIM designs change, the project maps and ICDs are also updated automatically.
"Projects succeed or fail based on the quality they deliver on the first attempt. Field data and lessons learned have become the most valuable data to leverage in construction organizations," said Matthew Hudelson, CEO of Inertia.
"Our integration with Procore offers the best of both worlds for our customers, who will now be able to combine data and insights to drive real–time action in the field. As we expand on this partnership, our goal will continue to be focused on both reducing friction in the field and automating manual processes faster, without adding additional steps for our customers."
The Inertia Embedded App will improve collaboration, quality, and productivity by putting 3D data in the hands of entire project teams through 2D construction sheets. Inertia's integration with Procore helps improve project collaboration and data collection by providing easy access to valuable BIM data in a lightweight format.
"3D models provide a central location for critical project information, and Procore is focused on making BIM accessible to everyone in construction. Integrating Inertia's Intelligent Construction Drawings through their Embedded App will provide a seamless and simple way for all teams to access data from the model," said Brian Smith, Business Development Manager at Procore.
"Being able to easily access our BIM data and to generate location-connected records from the field will help mitigate jobsite mistakes and improve our overall productivity," said Robert Pleasants, BIM/VDC Manager at Satterfield & Pontikes Construction. "It's incredibly valuable for our teams to have the ability to dig into jobsite properties and update specific locations as projects progress."
Inertia will continue developing future enhancements and integration benefits for customers aimed at driving jobsite efficiencies and field productivity, standardizing data collection for business intelligence, improving construction collaboration.
Datumate recently announced the DatuBIM Construction Data Analytics platform now transforms 2D designs into digital data model objects, calculates grade checking reports, and further automates progress monitoring.
This entirely digital process significantly reduces work, prevents human error, saves professional resources, and ends the construction companies' dependence on several software tools to perform these frequent reports. DatuBIM's new capabilities cut down office work for grade checking by approximately 70% on a typical elongated infrastructure project.
"The large majority of infrastructure construction projects are still designed in 2D, but the surveying field data is 3D," said Itay Segev, VP of Products and Marketing. "Therefore companies are forced to perform tedious, manual work of data transformation for progress tracking and analysis. DatuBIM makes this a thing of the past and helps companies still designing in 2D to control their sites better and at the same time move their enterprises towards BIM, 4D, and 5D management."
XYZ Reality receives £20m to develop Assisted Reality
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."